Proposed NIMASA, Customs, FIRS Merger, Dangerous A former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Adegboyega Dosunmu, has said that the suggested merger of the Agency with the Nigeria Customs Service (NCS) and the Federal Inland Revenue Service (FIRS) would spell doom for both the maritime industry and the nation’s…
UK’s Labour Vows to Make Britain a Clean Energy Superpower By 2030 Britain’s main opposition Labour Party on Monday pledged to turn the country into a clean energy superpower by 2030, saying it would overturn a ban on new onshore wind farms while respecting any oil and gas licences granted before the next election. Labour,…
Shell-Led Dutch Wind Farm Delivers First Electricity The first electricity has been produced from the large Hollandse Kust Noord offshore wind farm, companies running the project said on Monday. In a statement, the CrossWind consortium led by Shell and Mitsubishi subsidiary Eneco said it had delivered several megawatt-hours worth of electricity to the Dutch mainland…
Rivers Government endorses NNPC, Shell LiveWIRE Programme RIVERS State Government has said it will collaborate with The Shell Petroleum Development Company of Nigeria Limited (SPDC) and other corporate citizens to achieve its major objective for young men and women of the state to take up livelihoods that will give them brighter future. Permanent Secretary, Ministry…
Israel Approves Gas Field Development Offshore Gaza Strip Israel has decided that the Gaza Marine natural gas field offshore Gaza should be developed, subject to security coordination with the Palestinian Authority and Egypt, Israel’s government said on Sunday. “In the framework of the existing efforts between the State of Israel, Egypt and the Palestinian Authority…
NGA Congratulates Verheijen on FG Appointment, Commends Innoson for producing gas-fueled vehicles The Nigerian Gas Association (NGA), the umbrella body and the voice of the operators and players in the country’s gas value chain, has hailed the appointment of Ms Olu Verheijen as the Special Adviser on Energy to the newly sworn-in President of the…
SNEPCo Paid More than $900 Million in Taxes, Royalties in 2022 Shell Nigeria Exploration and Production Company (SNEPCo) paid a total of $907 million as taxes and royalties to the Nigerian government last year as its operations continued to contribute to the national purse to finance development. Also last year, the company and its partners…
The IEA Believes Oman Could Become a World Leader in Hydrogen Oman could turn into one of the biggest hydrogen suppliers in the world, the International Energy Agency has forecast in a recent report. The tiny Gulf sultanate currently generates some 60% of its export earnings from oil and gas but has set itself ambitious…
UN Nuclear Watchdog Returns to Zaporizhzhya amid Escalating Security Concerns An International Atomic Energy Agency (IAEA) mission led by the head of the UN nuclear watchdog, Rafael Grossi, has arrived at the Russian-occupied Zaporizhzhya nuclear power plant for an inspection amid growing concerns about the safety of Europe’s largest nuclear station following last week’s breach…
WTI Plunges 4% Ahead of Fed Rate Decision Oil markets have kicked off the new week on a sour note with both Brent and WTI crude sliding over $3 per barrel after Goldman Sachs’ latest call. Last week, Goldman Sachs’ oil ultra-bull Jeff Currie once again lowered his Brent forecast for December, this time to…
