The Word Café Podcast with Amax

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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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