Thematic | Veriv Africa

Energy and Natural Resources

Given the strategic importance of the energy sector, Veriv will extensively cover areas such as oil and gas, renewable energy, and natural resource management. Our analyses will not only focus on industry trends but also explore the broader economic and environmental implications of energy-related policies.

energy and natural resources

Scoping Nigeria's Revenue Losses from Crude Oil Theft

Nigeria's oil sector is mired in a dispute between two major groups: the federal government, which supervises the industry, and the smugglers, who steal billions of dollars in oil.

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energy and natural resources

Building a Carbon Credit Industry in Nigeria

As leaders worldwide have observed the harmful effects of greenhouse gas emissions on the atmosphere in recent years, the focus has gradually shifted towards the quest for clean and renewable energy.

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energy and natural resources

Wind Energy as A Carbon Capture Mechanism in Nigeria

In the current era of digitalisation and technology, resource development depends on energy access. With the 2030 Sustainable Development Goal (SDG) 7–Clean and affordable energy–in view

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energy and natural resources

CCS AND HYDROGEN: A Dynamic Duo for Nigeria’s Energy Transition

Compelled by the grim realities of global warming, nations all over the world have sought ways to reduce greenhouse gas emissions.

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energy and natural resources

Navigating Nigeria's Oil Sector Transformation: Strategies for the NNPCL's Profitability and Growth

Oil production in Nigeria began in the late 1950s. Its exploration was made available to foreign corporations in the following decade, and the industry grew steadily to become a global behemoth.

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energy and natural resources

We Have a Crude Oil Theft Problem

Nigeria’s oil production output fell to 1.322 million barrels per day in February 2024 from 1.427 barrels in January 2024 as the country struggles to meet its Organisation of Petroleum Exporting Countries (OPEC) quota.

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energy and natural resources

Geothermal Energy’s Potentials in Nigeria's Renewable Energy Portfolio

The Nigerian government has proposed a legally binding net-zero greenhouse gas emissions target by 2060 after the Paris Agreement in Glasgow in 2015, hence the country's need to introduce renewable/clean energy options.

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energy and natural resources

War against Oil Theft: Conventional Security versus Private Surveillance Contractors

Nigeria's crude oil production declined in 2023 and 2024, failing to meet its OPEC quota for nine consecutive months. In September 2023, output stood at 1,572,315 barrels per day (bpd) but dropped to 1,562,072 bpd in October 2023.

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Articles on this thematic area

What is the Monthly Average of Crude Oil Produced In Nigeria in 2023?

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