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Malabo declaration and future of energy in Nigeria, others
Natural gas has been described as a transition fuel that is ‘environmentally friendly, affordable, reliable, accessible and flexible.’ As countries face mounting pressure to reduce carbon emissions, natural gas...
3 days ago
NNPC tasks PETAN, others on gas, greenhouse emission
3 days ago
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged members of Petroleum Technology Association of Nigeria (PETAN) to focus more on gas development...
Electricity metering gulps N11 billion in four states as MAP scheme drags
3 days ago
No less than N11 billion has been invested in metering electricity consumers in Kogi, Abuja, Nasarawa and Niger States as part of efforts to bridge the shortfall in metering gap and reduce estimated billing of consumers in the country.
‘Acquisitions among indigenous players to aid local content development’
3 days ago
With the announcement of mergers and acquisitions among indigenous players in the oil and gas industry, operators in the sector have stated that the move will further aid local content development.
Moving Nigeria’s mining sector to maturation beyond hydrocarbons
27 Nov
Nigerian mining offers considerable potential gains as it is regarded as home to abundant, untapped reserves. While its tin, columbite and coal export industries, were central to the economy many years ago...
‘$81m cash, $123m loan invested in Abuja DisCo’s acquisition’
27 Nov
CEC Africa yesterday, in Abuja, said the company paid $81 million cash and raised $123 million loan security before acquiring Abuja Electricity Distribution Company (AEDC).
Stakeholders urge LPG producers to increase market penetration ahead of global competition
27 Nov
With changes in the global Liquefied Petroleum Gas (LPG) market as well as growth opportunities for the Nigerian market, stakeholders in the industry have been urged to take advantage of the rising...
Investment in renewables drops in emerging markets
27 Nov
New energy investment in emerging economies slipped last year to US$133 billion, far from the 2017 record of US$169 billion, mostly due to a slowdown in China, BloombergNEF has said in its annual Climatescope report.
Imperatives of fixing the weak link in Nigeria’s power sector
20 Nov
For potential investors in Nigeria’s electricity value-chain, the challenge remains how to recoup their investments after service has been provided.
‘Technology, innovation key to improved oil, gas discoveries'
20 Nov
With the days of easy oil and gas discoveries long gone, stakeholders in the industry have emphasised on the need for operators to deploy aggressive use of technology...
‘Oil prices may drop further on potential glut’
20 Nov
Global oil supply could continue to rise at a rapid pace in 2020, surpassing the increase in demand.
‘Rising population in Nigeria, others not proportionate with electricity supply’
13 Nov
African countries need to invest four times more in electricity than they are investing now in order to expand reliable supply to the whole continent, the International Energy Agency has warned.
Nigeria, others to drive natural gas surplus, says U.S.
13 Nov
With new gas discoveries within Nigeria and other African countries, the United States has stated that the Africa is projected to be the prime market for the surplus of gas that the U.S. shale is driving.
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