Kinshasa’s hopes and the coming cobalt crunch
The energy transition is seen as marking a shift away from the “bad old” habits of the fossil fuel industry, but accessing the strategic resources pose their own often-overlooked problems.
The energy transition is seen as marking a shift away from the “bad old” habits of the fossil fuel industry, but accessing the strategic resources pose their own often-overlooked problems.
As the curtain falls on the Age of Hydrocarbon Man and the transition towards a more sustainable low carbon future gathers momentum, it is important to recognise the sheer scale of the effort required.
Western governments should consider stockpiling critical battery metals such as cobalt and lithium, the International Energy Agency said, in a stark warning of the geopolitical risks that accompany the green-energy transition.
Tackling Africa’s energy access problems requires those involved to think of the entire system, rather than focusing simply on renewables.
The struggle to provide Africa with energy will become increasingly important, particularly in terms of balancing power with carbon emissions, a new report from the International Energy Agency (IEA) has said.
Total has become the operator of the major North Platte discovery in the Gulf of Mexico, following Cobalt International Energy’s bankruptcy auction sale.
Financially struggling Cobalt International Energy said Thursday it filed for Chapter 11 bankruptcy protection and will sell off the company for parts.
Angola’s state-run oil giant Sonangol has announced a gas discovery in the offshore Kwanza Basin that could hold 813 million barrels of oil equivalent.