An average price of $80 a barrel for this quarter is “realistic,” with spikes to $90 or even $100 possible if further disruptions worsen a supply crunch amid rising consumption, Citi’s Global Head of Commodities Research, Ed Morse, said Tuesday. Benchmark Brent crude topped $85 early last month on concern United States sanctions on Iran…
Speaking on the need for and the implications of the Greenhouse Gas (GHG) Inventory Quality Assurance Workshop that held recently in Abuja and Lagos, Director, Department of Climate Change in the Federal Ministry of Environment, Dr Peter Tarfa, says that, besides being very fortunate to be picked for the training programme, Nigeria will immensely benefit…
In the sidelines of the Greenhouse Gas (GHG) Inventory Quality Assurance Workshop that held recently in Abuja and Lagos, William Agyemang-Bonsu, Manager, Mitigation and Transparency Support (Mitigation, Data and Analysis) at the United Nations Climate Change Secretariat, says emissions estimate should be the basis for which Nigeria decides what climate policies are appropriate We are…
Nigeria’s bid to prepare qualitative greenhouse gas (GHG) inventories has received a boost, thanks to a fatherly arm extended by the United Nations, whose bodies are collaborating in the landmark initiative. At the International Greenhouse Gas (GHG) Inventory Quality Assurance Training for Nigeria organised by the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat,…
A solar microgrid demonstration project that has been developed and tested over a period of 16 months has successfully delivered electricity to a community in South Africa. On Friday, South Africa’s state-owned utility, Eskom, launched its ground-breaking pilot solar-powered microgrid at Wilhelmina Farm, Ficksburg in the Free State. The microgrid demonstration plant, which was completed…
Vaalco Energy is in talks with the Equatoguinean government to resume work in offshore Block P next year, the US-based independent announced late on Wednesday. Vaalco acquired a 31% stake in Block P in 2012 and was to assist operator GEPetrol (58.4%) closely alongside partners Atlas Petroleum (5.6%) and Crown Energy (5%), but plans to…
The President, Dangote Industries Limited, Aliko Dangote, has said the raining season this year caused devastating damage on his refinery project site. Dangote said the oil refinery, designed to process 650,000 barrels a day of crude, should start producing fuel in the first quarter of 2020 and be at full capacity within six months of…
The Global Financing Facility (GFF) in Support of Every Woman Every Child in Oslo, Norway on Tuesday, November 6, 2018 announced $1.005 billion in contributions from the Bill & Melinda Gates Foundation, Burkina Faso, Canada, Côte d’Ivoire the European Commission, Denmark, Germany, Japan, Laerdal Global Health, the Netherlands, Norway, Qatar and the United Kingdom. This…
Development Partners have commended President Muhammadu Buhari for declaring a state of emergency in the Water and Sanitation Sector, calling for deliberate political will to improve the sector. They told the News Agency of Nigeria (NAN) on the sidelines of the inauguration of the National Action Plan for the Revitalisation of Water Supply and Hygiene…
President Muhammadu Buhari has declared a state of emergency on Nigeria’s water supply, sanitation and hygiene sector. Buhari made the declaration at the inauguration of the National Action Plan for Revitalisation of Water Supply, Sanitation and Hygiene (WASH) Sector at State House Conference Centre on Thursday, November 8, 2018 in Abuja. He directed governments at…
