‘Developing LNG infrastructure key to industrialisation, energy transition’
For Nigeria and other African countries to minimize the effects of unstable oil prices and reduce dependence on oil, key investments must be geared towards developing Liquefied Natural Gas...
Why oil market uncertainties, COVID-19 will stall projects
The outbreak of coronavirus and glut in the oil sector will drastically affect the nation’s oil industry, especially projected which are expected to take place this year, the Chairman...
‘Coronavirus may cripple gas, LNG demand by 14 billion cm’
Depending on the length of time required to contain the spread, the outbreak of novel Coronavirus (nCoV) in China will create gas demand reduction of between 14 billion cubic meters
Sylva seeks end to oil sector challenges as investments decline
Unless Africa focuses on developing sustainable technical and managerial skills in innovation, operations, and management of oil and gas resources
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.
‘Growing energy consumption necessitating transition from traditional supply’
With the consumption rate of energy rising faster than the population growth rate, stakeholders in the energy sector have advocated renewed energy mix and transition...
Oil majors raise stake in gas to hedge unstable oil prices
The need to hedge their earnings against the challenges of unstable oil prices and weaker refining margins is pushing many oil majors...
Another four years of hope for stable oil prices
Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu, was quoted two years ago to have said he would resign if Nigeria continued to import fuel by 2019. His 2019 projection was hinged on the proposed completion of Dangote’s refinery at the time. Despite sustaining the flow of products with minor issues in the last…