‘Nigeria remains investment destination for oil, gas in sub-Saharan Africa’
Nigeria is said to be an attractive investment destination in sub-Sahara Africa despite the fast changing landscape of the global oil and gas industry. The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, at the BHGE 2018 Annual Meeting in Florence, Italy, while fielding questions at the Ministerial Panel, said Nigeria’s…
Axxela expands gas supply across West Africa
Axxela Limited, (Axxela), sub-Saharan Africa’s preferred and fast-growing gas and power portfolio company, is set to expand its gas supply footprint across the West African region following its recent qualification as a Shipper on the West African Gas Pipeline (WAGP). The appointment follows an extensive due diligence process conducted by the West African Gas…
NNPC ramps up gas supply to power plants
The Nigerian National Petroleum Corporation (NNPC), on Tuesday said it had increased daily average natural gas supply to gas power plants by 123 per cent.
NNPC initiates plans for vehicles to run on gas
The Nigerian National Petroleum Corporation (NNPC) has initiated plans for more vehicles in the country to run on Compressed Natural Gas (CNG) instead of the Premium Motor Spirit (PMS).
Fossil fuel reserves would crush climate goals
Developed oil, gas and coal reserves, if exhausted, are enough to push Earth well past the threshold for dangerous climate change, according to a report published Thursday.
Explorationist tasks government on proper gas pricing mechanism
The Federal Government has been urged to set a standard for selling gas in the country to enhance power supply in the country, as the commodity price needs to reflect the real opportunity value of gas development.
Cheap gas, coal won't hobble renewables
Weak coal and gas prices will not stop record investment in renewables over the coming decades as the cost of generating clean energy drops, a key energy report said Monday.
Seplat earmarks $130 million for oil, gas development in 2016
Seplat Petroleum Development Company Plc, has earmarked about $130 million for its 2016 operations, even as it reinstated commitments to fully exploit the nation’s abundant gas resources.