UK’s First CO2 Storage Round Attracts Bids from 19 Companies A total of 19 companies applied to develop carbon dioxide (CO2) storages off Britain in the country’s first such licensing round, the North Sea Transition Authority (NSTA) said on Thursday. Britain aims to use CCS technology, which involves filtering planet-warming carbon from industrial smokestacks before…
Power Companies on Track for Energy Transition Power companies will face increasing pressure to respond to both social and governance issues while navigating their way through the energy transition process in the following decade, according to GlobalData, a leading data and analytics company. A focus on ‘E’ in ‘ESG’: 40% global power to come from…
OIL AND GAS REDISCOVERED: THE PROSPECTOR, NCDMB By Esueme Dan Kikile ESQ Twelve years of strategic planning and creative deployment of regulatory powers at the Nigerian Content Development and Monitoring Board have literally reinvented Nigeria’s oil and gas industry to a degree that national aspirations, for decades elusive, have suddenly become realisable. Those aspirations, consecrated…
Minister of Power, Local and International Stakeholders Collaborate to Scale Energy Sector in Nigeria Key stakeholders in the energy industry have pledged commitment to the growth of Nigeria’s Energy Sector at the Nigeria Energy Exhibition and Conference emphasising efficient collaboration among key stakeholders. The key stakeholders including local and international players in the industry at…
US Set to Commit $11bn to Energy Transition President Joe Biden of the United States made it known during his address at the United Nations General Assembly that the country is proposing $11bn funding annually towards energy transition. The US President stated thus, “So as I announced last year to meet our global responsibility, my…
NASRDA, LAUTECH Partners to Organise 6th International Conference on Nanotechnology The Nanotechnology Research Group (NANO+) of Ladoke Akintola University of Technology, Ogbomoso, Nigeria has slated November 22-25, 2022 for her 6th International Conference on Nanotechnology. The conference themed ‘Nanotechnology for Socio-economic Development of Africa’ is being organized in collaboration with the National Space Research and…
Price of Cooking Gas Increased by 101 Per Cent in One Year AVERAGE price of 5kg cooking gas increased from N4,397.68 in July to N4,456.56 in August. The assertion was made by the National Bureau of Statistics (NBS), in its Cooking Gas Price Watch issued on Tuesday in Abuja. It noted that the price in…
VP OSINBAJO TO SPEAK AT OPTS 60TH ANNIVERSARY EVENT The Vice President of Nigeria, Professor Yemi Osinbajo, will be the Special Guest of Honour at the 60th Anniversary Dinner of the Oil Producers’ Trade Section (OPTS) of the Lagos Chamber of Commerce & Industry (LCCI). The event, which is billed to hold on Thursday, September…
NDPHC Partners US Company to Build 10 Utility Scales to Enhance Power Capacity Nigeria’s foremost power Generation Company (GenCo), Niger Delta Power Holding Company (NDPHC), says it will partner a US government renewable energy company to build a 10 utility scales, to a total of 1 gigawatts in order to boost power supply across the…
NSCDC ARRESTS 19 SUSPECTS FOR ILLEGAL DEALINGS IN PETROLEUM PRODUCTS OIL THEFT: RIVERS NSCDC ARRESTS 19 SUSPECTS FOR ILLEGAL DEALINGS IN PETROLEUM PRODUCTS IMPOUNDS 2 TRUCKS 7 CARS & 3 WOODEN BOATS LADEN WITH UNQUANTIFIED LITRES OF AGO The Nigeria Security and Civil Defence Corps (NSCDC), Rivers State Command has arrested 19 suspects on account…
