Oil and gas: addressing the funding gap amid a global energy transition

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Oil and gas: addressing the funding gap amid a global energy transition

Oil and gas: addressing the funding gap amid a global energy transition

By Admin
Investment
October 18, 2023

Africa’s oil and gas industry is entering a new era. The world is looking to fast-track its transition from fossil fuels. Consequently, this puts pressure on the continent’s oil and gas-producing nations. Most producing countries remain highly exposed to the global energy transition since their economies depend on oil and gas revenues. Similarly, their oil and gas reserves cost more to produce and, on average, remain more carbon-intensive than those from other regions.…

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The post Oil and gas: addressing the funding gap amid a global energy transition appeared first on The Exchange.

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