How Oil and Gas Companies Are Adapting to Africa’s Energy Transition
Africa’s energy situation is changing quickly. Most countries are turning towards cleaner, cheaper energy. This has compelled oil and gas companies in Africa to revise their plans. They are not only concerned with producing oil and gas; they are also playing an important role in creating a clean, sustainable energy future. In this article, we find out how they are changing with Africa’s transition to cleaner energy. Transitioning to Renewables African oil and gas firms are increasingly investing in renewable energy ventures like solar, wind, and hydro. The transition is the world’s trend as fossil fuel-based energy sources continue to be replaced by cleaner energy forms. Investing in solar farms, windmills, and hydropower plants keeps businesses ahead of the curve as the market evolves. Partnering with Governments Governments all over Africa are instituting new regulations to spur a cleaner energy mix. Most such laws and policies call for partnering with private energy fi...