Schneider Electric commits to global fight against biodiversity loss

By Jerome Onoja As part of its activities around the International Biological Diversity Day, Schneider Electric, a leading firm in energy management and automation has made commitments to actualize its pledge of combating the global loss of biodiversity by achieving a net zero loss of biodiversity from its operations, with a specific target of 2030. …

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PEARL partners with Canadian Energy Solutions (CES) to boost Nigerian Oil and Gas sector

Lagos, Nigeria Pacegate Energy and Resources Limited (PEARL), an arm of Pacegate Limited recently launched an ultra-modern manufacturing plant where drilling chemicals, water and oil-based production chemicals are formulated and manufactured in Nigeria and accessible to clients. PEARL, an Integrated Management System (ISO 9001:2015, ISO 14001:2015 & ISO45001:2018) Certified will provide chemical treatment solutions, laboratory…

NCDMB targets US$3.7bn investments in commercial partnerships

The Nigerian Content Development and Monitoring Board (NCDMB) said on Tuesday that it had committed a total of US$332million under its commercial ventures partnership programme with a view to attracting project developments in-country valued at US$3.7bn. The Executive Secretary, Engr. Simbi Kesiye Wabote revealed this at the bi-annual Nigerian Oil & Gas Opportunity Fair (NOGOF)…

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Nigeria’s Oil Sector Dropped by 19.8% in Q4 2020 – OPEC

By Ikenna Omeje The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria’s oil sector dropped by 19.8 percent year-on-year in the fourth quarter of 2020, after a 13.9 percent year-on-year contraction in the third quarter of the same year. The largest crude oil cartel in the world, which stated this in its Monthly…

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“The golden formula is that you make your own luck; start by always being prepared for opportunities”- Effiom

Social media recently went abuzz when news broke out that a Nigerian female geologist, Mrs Oghogho Effiom has been elected as the African Regional Director of the Society For Petroleum Engineers – SPE International, which makes her the voice of Africa on the SPE table globally.Oghogho has about 20 years of technical experience in the…

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Climate Change, Carbon Economy and Co-benefits of Gas Utilization

Some of the biggest shifts in business and investment is happening in the oil and gas sector, denominated in the clean economic development paradigm. This shift is underpinned by the competitive race for a green global energy transition as pushed and rapidly amplified under a new US-China race for Net-Zero transition. Nigeria cannot be left…

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WIEN/REAN Make Clarion Call for Corporate Signatories to Gender Charter

Margaret Nongo-Okojokwu Women in Energy Network (WIEN) and the Renewable Energy Association of Nigeria (REAN) have made a call for advocates of women to openly show solidarity in the signing of the African Gender Charter.The clarion call to sign the pro-women Charter was made by both associations at the recently held symposium themed “Light Up…

Entrenching the R&D Culture for Sustainable Capacity Building
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Entrenching the R&D Culture for Sustainable Capacity Building

By Ikenna Omeje and Jerome Onoja The impact of Covid-19 pandemic on the economy and the current global push towards energy transition, have necessitated the need for Nigeria to intensify its drive for building indigenous capabilities and capacity in the oil and gas industry by deepening the industry’s Research and Development culture. This write up examines…

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Decade of Gas: Buhari Hopes to Industrialise Nigeria Through Gas by year 2030

By Esther Chukwunonso Mordi  Nigeria’s President Muhammadu Buhari has launched the country’s “Decade of Gas” which is aimed at transforming Africa’s biggest oil producer into an industralised nation, entirely powering its economy with gas by the year 2030.Speaking at the virtual launch of the project on Monday, 29th March 2021, Buhari said that his administration would…

Enyo partners Rungas on LPG Micro Distribution Centers in Nigeria

As part of its effort to ensure safer and more economical solutions for households to meet local consumption needs in gas usage, Enyo Retail and Supply Limited have partnered with Rungas Group, an integrated Gas trading and infrastructure company to establish LPG Micro Distribution Centers (MDCs) in Enyo Retail Outlets across Nigeria. This initiative is…