In a report that examines the ways in which renewable energy demand is expected to increase, Bloomberg New Energy Finance (BNEF) finds that “aggressive decarbonisation” will be required beyond 2030 to meet the temperature goals of the Paris Agreement on climate change Focusing on electricity, BNEF’s 2019 New Energy Outlook (NEO) predicts a 62% increase…
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, is to lead other team of discussants to x-ray topical issues in oil and gas industry at the 2019 edition of the Association of Energy Correspondents of Nigeria (NAEC) annual conference. The event, which is scheduled to hold at the…
The Eko Electricity Distribution Company (EKEDC), on Thursday said it had supplied 246,587 customers with prepaid meters out of the 501,532 customers within its network as at August 2019. The General Manager, Corporate Communications, Mr Godwin Idemudia, made this known exclusive interview with TBI Africa in Lagos. Idemudia said the company had engaged the service…
Landlords and residents of Aboru in Iyana Ipaja area of Lagos State have cried out against the “exploitative bills” being issued to the community by Ikeja Electric (IE). Mr Oladele Kayode-Ojo, immediate past Chairman, Valley View Estate Community Development Association, Aboru, said on Thursday that the electricity distribution company was issuing outrageous estimated bills to…
The Nigerian National Petroleum Corporation(NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential to actualise the growth of the nation’s crude Oil reserves . Group Managing Director of NNPC Malam Mele Kyari, disclosed this when the Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr Lu Yan Ji,…
The Department of Petroleum Resources (DPR) in Bayelsa says it has sealed nine petrol stations and an illegal liquefied petroleum gas (LPG) station in Yenagoa for expired licences and lack of basic operational equipment. The DPR stations on Thursday, when a team of its officials, led by Mr Ibinabo Jack, Head of Operations in the…
Nigeria has reaffirmed its commitment to production adjustments agreement under the Declaration of Cooperation (DoC). The agreement was reached between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and Non-OPEC Countries. Nigeria’s Representatives on the OPEC Economic Commission Board and Group Managing Director, Nigerian National Petroleum Corporation, Malam Mele Kyari, made this…
The number of people killed in a fuel tanker explosion in Morogoro, Tanzania, has risen to 89 on Thursday, an official said. Aminiel Aligaesha, public relations officer with the Muhimbili National Hospital, the country’s leading medical referral facility, said seven more victims died on Thursday. He added that doctors and nurses are working round the…
Appetite for imported gas is growing steadily across the African continent LONDON, United Kingdom, August 14, 2019/ — With record-breaking US gas production this year, and the promotion of gas as a “cleaner, cheaper” energy source a continued priority for the current White House, the US Department of Energy is now looking towards Africa…
Congo has 2 billion barrels of proven oil reserves from about 20 fields being exploited and about 10 permits granted and waiting to be developed JOHANNESBURG, South Africa, August 15, 2019/ — The recent onshore discovery made in the Delta de la Cuvette deposit in the Republic of Congo is a game changer for…
