Energy
9 Feb
The National Assembly is currently considering a bill to establish a special-purpose vehicle at the national level, limiting the influence of certain entities. This move aims to create a more open environment for private companies, encouraging widespread participation and investment.
9 Feb
The Nigerian Association of Petroleum Explorationists (NAPE) is seeking the support of the National Assembly to address inherent challenges bedeviling the oil and gas sector in the country.
7 Feb
The National Assembly is currently considering a bill to establish a special-purpose vehicle at the national level, limiting the influence of certain entities. This move aims to create a more open environment for private companies,
7 Feb
The Nigerian Association of Petroleum Explorationists (NAPE) is seeking the support of the National Assembly to address inherent challenges bedeviling the oil and gas sector in the country.
4 Feb
Shell Petroleum Development Company of Nigeria Limited (SPDC) has concluded plans to supply gas to Dangote Fertiliser and Petrochemical Plant in Lekki for 10 years. The final investment decision involves SPDC and its joint venture partners - Nigerian National Petroleum Company Limited, TotalEnergies EP Nigeria Limited, and Nigerian Agip Oil Company. "This investment decision is…
31 Jan
The global petroleum products market is changing faster than expected as more refineries are shutting down on the backdrop of the push for global warming and energy transition.
31 Jan
The Climate Board (TCB) and the Voluntary Carbon Markets Integrity Initiative (VCMI) have released a comprehensive report shedding light on corporate attitudes toward the voluntary carbon market.
31 Jan
As the global demand for biojet fuel takes off, Nigeria stands at a crossroads of an aviation evolution to take the lead in the expanding global demand for biojet fuel.
24 Jan
Nigeria is asking the global community to allow the continent to prioritise responsible crude oil exploration even as the upstream exploration and production activities are projected to remain challenging in 2024.
24 Jan
Electricity distribution across the North Eastern part of Nigeria, affected by insecurity may be returning to profitability and improved performance as data from the Nigerian Electricity Regulatory Commission (NERC) showed a 100 per cent remittance from the Yola Electricity Distribution Company (YEDC). Investors, who took over the assets at privatization had deserted the utility company…
24 Jan
The International Energy Agency (IEA) has projected a sustained surge in global renewable energy capacity over the next five years to 7,300 gigawatts.
24 Jan
Delta State Governor, Sheriff Oborevwori, has said the country is poised for a significant leap in domestic cooking gas supply with the signing of the Shareholders Agreement for the pioneering Floating Liquefied Natural Gas (FLNG) project.
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At least five migrants, including a child, died overnight trying to cross the Channel from France to Britain on their overcrowded small boat, local authorities said. Three men and a woman were also among those killed on the dinghy carrying 110 people from the beach in the town of Wimereux, close to the resort of…
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Viral videos of a student of Lead British International School, Abuja, being bullied by another student have raised concerns among Nigerians who are seeking justice for victims. In one of the videos, a student identified as Namtira Bwala was subjected to bullying by a schoolmate identified as Maryam Hassan and a yet-to-be-identified female student. Hassan…
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China condemned on Tuesday as "groundless accusations" US claims that Beijing was fuelling the Ukraine war by supplying components to Russia that it uses for its military expansion. China and Russia have ramped up economic cooperation and diplomatic contacts in recent years and their strategic partnership has only grown closer since the invasion of Ukraine.…
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The UN called on Britain on Tuesday to reconsider plans to deport asylum seekers to Rwanda, warning it threatened the rule of law and set "a perilous precedent globally." The UK government's controversial Rwanda scheme has been beset by legal challenges since 2022, but was passed by parliament late on Monday after a marathon tussle…
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Streaming platform, Netflix has reported a record growth in Q1 of 2024, continuing from where it stopped last Year. In its latest Q1 2024 report, Netflix unveiled impressive figures indicating a significant uptick in revenue growth. This makes it the first time since 2021 that the company has seen double-digit growth. Both gross and operating…