Canada, Nigeria Target Oil and Gas Methane Emissions with New Laws Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the fossil fuel energy sector. The announcements came as the United States on Friday said it would expand…
Transmission Capacity Improves by 1000 MWs With Abuja Power Project Transmission capacity will be increased by 1000MWs through Abuja Ring Project. The Minister of Power, Engr Abubakar Aliyu made the disclosure at the weekend while inspecting the Abuja Ring Projects in company of the Managing Director of TCN, Engr. Sule Abdulaziz, transmission projects in Abuja….
Energy Transition is Creating Huge Opportunities in Nigeria, Seplat CEO Says Energy transition creates huge opportunities in Nigeria as it supports economic and social development, job creation, improved health and education, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. Mr. Brown said this during a panel session at the University of…
OPEC Daily Basket Price Closes at $91.32 Per Barrel The price of OPEC basket of thirteen crudes stood at $91.32 a barrel on Thursday, compared with $93.22 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo),…
OPEC Daily Basket Price Closes at $91.32 Per Barrel The price of OPEC basket of thirteen crudes stood at $91.32 a barrel on Thursday, compared with $93.22 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo),…
Spain’s September Gas Imports Almost Unchanged on Year Spain’s natural gas imports were almost unchanged in September compared with the same month a year ago, government data showed on Thursday. Spain imported the equivalent of 35,151 gigawatt-hours (GWh) of natural gas in September, Cores, an arm of the Energy and Environment Ministry, said. LNG shipments…
COP27: African Governments Advocate for Fossil Fuel to Tackle Poverty African nations have called for opportunity to be allowed to develop its resources in the continent to help lift Africans out of poverty. The governments told the COP27 climate talks in Egypt, which also welcomed leaders of oil and gas companies sidelined at previous…
Milan Court Rejects Nigeria’s Compensation Request Against Eni, Shell An appeals court in Milan on Friday rejected Nigeria’s $1.092 billion compensation request against Italian energy group Eni (ENI.MI) and Shell (SHEL.L) in civil proceedings relating to a $1.3 billion oilfield deal. The decision was read out in court. In July, prosecutors had dropped related criminal…
Egbin Power Gives Free Medical Outreach to Host Communities Egbin Power Plc has conducted a 3-day free medical outreach for members of its host communities in Egbin, Ipakan and Ijede as part of its Corporate Social Responsibility (CSR) The company explained that the free medical check-up was organized to reinforce its commitment to the wellbeing…
COP27: Nigeria Needs $10bn To Deliver Energy Connections in Rural Areas- REA Nigeria’s Rural Electrification Agency (REA) has said the country requires as much as $10 billion to deliver more energy connections across rural communities. REA’s Executive Director of Technical Services, Barka Sajou, disclosed this on Tuesday during the agency’s event at the Nigerian pavilion…
