Resources and publications
Resource library
Policy brief 2022
Minimising Greenhouse Gas Emissions in the Petroleum Sector: The Opportunity for Emerging Producers
The importance of limiting greenhouse gas emissions Limiting climate change requires urgent, significant reductions of GHG emissions by the petroleum sector The bulk of emissions relate to the end use of petroleum products, and are spread among many users, these are difficult to reduce Emissions from upstream production of oil […]
Energy transition Find out moreEvent summary 2022
Virtual Training: Minimising Greenhouse Gas Emissions from the Petroleum Sector
The New Producers Group delivered a training to its member countries between 26 May – 8 July 2022 with support from the Norwegian Agency for Development Cooperation, the Commonwealth Secretariat and the African Natural Resources Centre of the African Development Bank. Minimising GHG Emissions from the Petroleum Sector – Consolidated […]
Building Capacity Find out moreEvent summary 2021
Annual Meeting 2021
COP26 was intended as the moment at which countries revisited climate pledges made under the 2015 Paris Agreement. The issues related to equity in the global energy transition were forcefully raised by a number of country delegations at COP26. While some observers felt the COP26 agreement represented the start of […]
Building Capacity Find out morePolicy brief 2021
Tying Their Hands? How Petroleum Contract Terms May Limit Governments’ Climate Policy Flexibility
Have producer countries begun to modify petroleum contract terms in response to climate change and energy transition risks? This briefing reviewed 34 contracts and model contracts from 11 countries, signed or issued since the Paris Agreement. This review focused on stabilization, arbitration, and force majeure clauses.
Building Capacity Find out moreReport 2021
Risky Bet: National Oil Companies in the Energy Transition
As the energy transition affects the future of oil and gas, the room for maneuver of many NOCs will shrink, and the opportunity costs of investing in expensive projects will rise.
Energy transition Find out moreReport 2020
Fostering Resilience in Emerging Oil Producers
This paper draws from a fascinating series of virtual meetings the New Producers Group started in March 2020 to understand how the double crisis of Covid and the oil market crash would impact national aspirations for the petroleum sector. The paper looks at those impacts, lays out some strategies for crisis response (legal challenges, managing oil companies, communications), draws on scenarios for longer term transition impacts and reflects on what policies would help these countries be resilient in the face of the deep change the petroleum sector is undergoing.
Energy transition Find out moreEvent summary 2020
Annual Meeting 2020
The 8th Annual Meeting of the New Producers Group took place from 1–3 December 2020, with a focus on fostering resilience in emerging producers. The meeting considered how new producers can adapt their approaches in light of the shocks from the pandemic, and the prospects that the global energy transition will precipitate significant changes in oil and gas markets.
Building Capacity Find out moreVideo 2020
Post-pandemic outlook for the oil and gas industry
Atul Arya from IHS Markit returned to the Fostering Resilience in Crisis series to give us an updated outlook for the energy sector post-Covid. This meeting was under Chatham House Rule. Watch the highlights in the below video. The full recording is available on the members’ platform. Highlights of the […]
Energy transition Find out moreArticle 2020
Should Sovereign Wealth Funds Invest to Achieve the Paris Agreement?
Almost all the government owners of sovereign wealth funds are signatories to the Paris Agreement under the United Nations Framework Convention on Climate Change. Yet, despite this commitment, the world is not on course to meet these goals. There has been a significant effort, however, by regulators and investors to better integrate climate change considerations into financial markets and ensure investment is consistent with the Paris Agreement’s goals. This article argues that sovereign wealth funds should be at the vanguard of these efforts by investors to achieve the Paris Agreement’s goals.
Energy transition Find out moreVideo 2020
Finance and the energy transition
For this panel discussion on the role of finance in the energy transition, the New Producers Group brought together a range of different actors in the investment community, from banking and international finance institutions to private equity capital and fund managers. We asked them how they perceive the relative risk of oil, gas and renewables in emerging markets in light of Covid and the oil price slump. This meeting of the Fostering Resilience in Crisis series was on the record.
Energy transition Find out more
