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China’s new oil position
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
The AI industry’s coming dominance of oil and gas
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America
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Oil’s tanker transformation
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UN Secretary General Antonio Guterres at COP28
Opinion
Markets
NJ Ayuk
Johannesburg
2 February 2024
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Letter from Africa: Lip service and duplicity at COP28

African unity, not elusive aid, is key to unlocking energy investment—especially in gas

Lurking beneath the public discourse of all things energy and environment—or carbon and climate—and concealed within what the figureheads of the net-zero movement have been saying at official conferences and elsewhere, there is a contrary message. Africa should not believe a word of it. As expected, we can categorise much of the rhetoric offered at the 28th COP meeting as supportive of the continued demonisation of fossil fuels. Unsurprisingly, the underlying sentiment of the messaging pertinent to Africa was that our hydrocarbon resources should remain in the ground.  While COP28 certainly rehashed the same tired threats and impractical recommendations of past meetings, an observable bright

Also in this section
China’s new oil position
26 February 2026
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
The AI industry’s coming dominance of oil and gas
25 February 2026
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America
HPI Market Data Book 2026: Global construction – Americas
25 February 2026
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
HPI Market Data Book 2026: Global construction – Asia-Pacific
25 February 2026
The surge in demand for fuel and petrochemical products in Asia has led to significant expansion in refining and petrochemicals capacities, with India and China leading the way

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