Electricity Roads to Pave the Way for Smaller Car Batteries The Swedish government has proposed a ban on new petrol and diesel cars from 2030 to reduce carbon dioxide emissions. The same trends are seen across Europe, as demonstrated by the rapid increasing sales of electric vehicles. As this development progresses, challenges are also increasing,…
Lomar Announces Launch of Lomarlabs …New venture lab launched to catalyse the deployment of deep-tech solutions to solve the maritime industry’s biggest challenges Leading ship-owning and management group Lomar has announced the launch of ‘Lomarlabs,’ a venture to collaborate with deep-tech startups in resolving some challenges faced in the Maritime industry. Lomarlabs will join forces…
Investment Needs of USD 35 Trillion by 2030 for Successful Energy Transition …World Energy Transitions Outlook Preview warns of dramatic lack of progress, calls for strategic shift in the energy transition to sustain the 1.5°C climate target. The global energy transition is off-track, aggravated by the effects of global crises. This was introduced by IRENA’s…
NCDMB Pushes For Increased Women CEOS In the Oil Industry No fewer than 30 women chief executives are undergoing a six-day Entrepreneurship Training Workshop sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) in Port Harcourt, Rivers State. The training, based on a course content developed by the United Nations Conference for Trade and…
FG, FEC extend Brevity Anderson Consortium contract for N.I.E.S The Federal Government of Nigeria has approved a 7-year contract extension for Brevity Anderson Consortium as conference producers and organizers of the Nigeria International Energy Summit (N.I.E.S) formerly known as Nigeria International Petroleum Summit (N.I.P.S) following a Federal Executive Council review and approval. “The Honourable Minister…
Savannah Energy to Pursue Legal Rights over Chad’s Move to Nationalise its Assets Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, notes the Decree issued by the President of the Republic of Chad dated 23 March 2023, nationalising Savannah Chad Inc’s (“SCI”) (formerly Esso Exploration and Production…
Ghana Petroleum Commission CEO to Speak at Invest in African Energy Dubai Reception …At the Invest in African Energy Dubai reception, Egbert Faibille, the CEO of the Petroleum Commission of Ghana, will deliver a presentation on Ghana’s Energy Sector with the aim of enticing prospective investors to the region The African Energy Chamber (AEC) the…
Seplat Drags Co-Founder Ambrose Orjiako to Court, Demands N5bn Seplat Energy Plc has begun legal proceedings against its co-founder Ambrose Orjiako and a consultancy firm Amaze Limited. The energy company said in a statement on Thursday signed by its board chairman Basil Omiyi that the consultancy agreement with the firm has also been terminated. Seplat…
Venezuela’s Commercial Oil Exports Nearly Halted as Reviews Expand Expanded oil export contract reviews at Venezuela’s state-run PDVSA have nearly halted all commercial crude and fuel releases, as officials seek to match past invoices with payments, according to documents and people familiar with the matter. An anti-corruption probe has led to the recent arrests…
IPMAN says FG not committed to Seeing Refineries Work The Independent Petroleum Marketers Association of Nigeria, IPMAN, has accused the President Muhammadu Buhari administration of lacking the commitment to fix the Port Harcourt refinery and other federal=government-owned refineries, after almost eight years in office. This is as the Minister of State for Petroleum Resources Chief…
