Stakeholders urge LPG producers to increase market penetration ahead of global competition
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
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.
‘Technology, innovation key to improved oil, gas discoveries'
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’
Global oil supply could continue to rise at a rapid pace in 2020, surpassing the increase in demand.
Nigeria, others to drive natural gas surplus, says U.S.
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.
Obasanjo advocates collaboration for a strong energy future
Former President Olusegun Obasanjo has identified the need for collaboration among African countries, especially the oil-producing countries, in the area of technology and adoption of renewable energy for sustainability in the oil and gas industry.
West Africa’s road to an interconnected electricity market
Created at the 22nd summit of the Economic Community of West African States (ECOWAS) Authority of Heads of State and Government, the West African Power Pool (WAPP) was formed to promote and develop power generation and transmission infrastructures as well as to coordinate power exchange among the ECOWAS member states.
Stakeholders seek end to inequality in oil, gas sector
Stakeholders in the oil and gas sector in Nigeria have called for gender equality in the sector as a means to enhance sustainable development in the industry. The stakeholders, at the 4th Women-in-PENGASSAN (WIP) National Conference in Abuja...
Stakeholders explore sustainable solutions to power challenges
Worried about the poor state of power generation and distribution in the country, stakeholders in the renewable energy space as well as Liquefied Natural Gas (LNG) sector, are exploring solutions to address the gaps.
Addressing energy sustainability, climate change challenges in Nigeria
The use and exploration of energy resources in Nigeria and many African countries have continued to generate serious concern, especially in relation to the growing environmental challenges across the continent. KINGSLEY JEREMIAH writes.