The Word Café Podcast with Amax

S1 Ep. 80 Energy Scoop With Adrian Mason 2


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Our focus on the scoop in the episode is as follows

These are some of the topics I think are relevant and topical;

  • Globally $3.5 trillion in projects in Oil & Gas sector
     
    • Nigeria on the Brink, the country’s production is so low (at 1.5 million b/d in Q1) that it is barely able to cover the cost of imported petrol 
  • Nigeria lost an estimated US$4.5 billion in 2020 due to petroleum pipeline vandalism and crude oil theft 
  • Sub Saharan Africa only $265 Bn investment, what about renewables?
  • What Drives Gasoline Prices?
     
    • Crude oil prices (54%), Refining costs (14%), Taxes (16%), Distribution, and marketing costs (16%)
       JP Morgan says $175 per barrel by year end
  • World Energy Crisis
     
    • Australia – 8 million residents asked to turn off the lights - https://www.bbc.co.uk/news/business-61821423

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The Word Café Podcast with AmaxBy Amachree Isoboye Afanyaa

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