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Africa

FLNG Nguya; Source: Eni
Fossil Energy

FLNG milestone keeps Eni’s next chapter of African LNG story on track (Gallery)

Eni has made inroads in bringing its new floating liquefied natural gas (FLNG) unit to life in line with its start-up timeline, thus, the unit is still slated to come into operation mode in the fourth quarter of 2025 at the Italian player’s LNG project off the coast of Congo, Africa.

about 1 year ago
Illustration; Source: Rystad Energy
Fossil Energy

Powering oil & gas production with renewables and low-carbon energy: Electrification brings emission cuts of 80%

While the energy transition toolbox is filled with decarbonization tools, electrification seems to be the jewel in its crown, based on research conducted by Rystad Energy, which points out that applying this method to upstream operations has the potential to get rid of over 80% of oil and gas produc

about 1 year ago
Illustration; Source: ExxonMobil
Fossil Energy

Net zero quest: Weaning off oil & gas or undermining the world’s energy security backbone?

After decarbonization pledges entered the scene, climate change challenges have fanned the transformation flames, taking the energy industry’s transition to other power sources to a whole new level.

about 1 year ago
A large vessel at sea with two smaller ones next to it
Fossil Energy

Renewed focus on energy security prompts nearly $2 trillion investment in clean energy since 2020, IEA finds

The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and sectors are making on their energy transition jou

about 1 year ago
Illustration; Source: Navingo
Fossil Energy

Carbon offsetting and green gas: Chasing fairy tale of climate-neutral future or key tools in net zero’s arsenal?

As time goes by, the zest for a carbon-free world has sparked a seismic shift toward the sphere of environmental sustainability. However, many thorns remain on the path to such a low-emission world, including differing perceptions about the tools to achieve this goal. This is hammered home by the pu

15 minutes read
Illustration; Source: Environmental Defense Fund Europe (EDFE)
Fossil Energy

Global efforts to get rid of potent greenhouse gas menace heat up – Giving methane the slip

As waves of climate change woes buffet the world mercilessly, the zest to tackle the greenhouse gas (GHG) emissions challenge is spurring global action, with attempts to combat methane being first on the agenda.

12 minutes read
Leaders at COP29 Azerbaijan; Source: COP29 Azerbaijan
Fossil Energy

COP29 delivers hat trick with $1.3 trillion on the cards but lack of stronger mitigation and finance action seen as ‘betrayal’

COP29 has managed to reach a consensus on tripling climate finance while setting a new worldwide target to direct $1.3 trillion of climate finance to developing countries by 2030.

16 minutes read
COP29 Azerbaijan; Source: COP29 Presidency
Fossil Energy

Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The cal

21 minutes read
ZESTAs and TEEMO looking into development of hydrogen shipping fuel in Tanzania
Alternative Fuels

ZESTAs and TEEMO looking into development of hydrogen shipping fuel in Tanzania

The Zero Emissions Ship Technology Association (ZESTAs) and Tanzania’s Environment and Empowerment Movement (TEEMO) have signed a memorandum of understanding (MoU) to collaborate on the development of green hydrogen shipping fuel and the associated capacity building in Tanzania.

about 1 year ago
Namibia's Orange basin; Source Impact Oil & Gas
Fossil Energy

Canadian oil & gas player enlarges stake in Namibia’s Orange Basin

Canada’s Africa Oil has boosted its ownership interest in Impact Oil & Gas, an Africa-focused exploration player with hydrocarbon exploration and appraisal assets in the Orange Basin off the coast of Namibia.

about 1 year ago
Green shipping corridors
Clean Fuel

Green shipping corridors surge by 40% worldwide, report reveals

Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalyzed by public and private action – have rapidly expanded in popularity worldwide but progress could stall without urgent action from governments to overcome a “feasibility wall”, according to a

about 1 year ago
António Guterres, UN Secretary-General, delivers remarks at the opening of the World Leaders Climate Action Summit at COP29 in Baku, Azerbaijan; Credit: UNFCCC/Kiara Worth
Fossil Energy

COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling

16 minutes read
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