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Nigeria mandates oil firms to show low carbon emissions and have renewable plans for new licenses.
Nigeria's oil regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), now requires companies to prove low carbon emissions and have a renewable energy program to get oil licences.
This rule, starting January 1, 2025, includes a template for decarbonization and aims to align with Nigeria's goal of net-zero emissions by 2060.
Companies must also manage methane and use energy-efficient technologies.
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Nigeria ordena a las empresas petroleras que muestren bajas emisiones de carbono y tengan planes renovables para nuevas licencias.