CITY OF CAPE TOWN TO STIMULATE INCREASING NEED FOR SOLAR ENERGY

CITY OF CAPE TOWN TO STIMULATE INCREASING NEED FOR SOLAR ENERGY

The City of Cape Town is working its plans to establish an appropriate business model to stimulate the uptake of solar photovoltaic systems. This announcements follows the need for aggressive renewable energy targets. The number of increasing customers installing rooftop solar photovoltaic infrastructure is evident and the costs are perceived to be prohibitive by most…

CSIR seeks municipal partners for energy master plan pilot project

CSIR seeks municipal partners for energy master plan pilot project

The Council for Scientific and Industrial Research (CSIR) aims to partner with a metropolitan council and a district municipality to compile pilot municipal energy master plans for electricity (MEMPs), which will provide the two councils with insight into the best electricity supply blends for their respective grids. CSIR Energy Centre head Dr Clinton Carter-Brown tells…

South Africa: Meeting On Gas and Oil Exploration Descends Into Chaos

South Africa: Meeting On Gas and Oil Exploration Descends Into Chaos

Plans to prospect for gas and oil off KwaZulu-Natal’s coast came under fire at public hearings last week. In Durban it got rowdy with people chanting, “Go back to Italy” and “No Oil or Gas”. People who wanted to discuss the draft environmental impact assessment (EIA), commissioned by Eni, the Rome-based multinational, were frustrated. Eni’s…

Wabote seeks action on gas investments
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Wabote seeks action on gas investments

… to invest in the gas value chain …set to sign MoUs with investors on NOGAPS Players in the gas sector should canvass for speedy implementation of existing policies and pursue the delivery of identified gas opportunities, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said. He…

Kachikwu: Despite Gas Resources, Nigeria Currently in Full-blown Energy Crisis

  Nigeria is currently going through a full blown energy crisis, and could experience this for a long time if it fails to articulate a sound policy framework that focuses intensely on its gas sector, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, disclosed Monday. Kachikwu, in his ministerial address at the 11th…

NCDMB, NLNG target huge Nigerian Content on Train 7 Project

The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria Liquefied Natural Gas Company (NLNG) have set high Nigerian Content benchmarks in the execution of the train 7 project, estimated to cost $7bn. The organisations declared their commitment in Abuja on Tuesday at the two-day Nigerian Content Workshop organised on the project by the…

Don’t play politics with oil sector reforms, APC tells opposition
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Don’t play politics with oil sector reforms, APC tells opposition

  The All Progressives Congress has appealed to members of the opposition to stop playing politics with the ongoing reforms in the oil and gas sector. The Deputy National Publicity Secretary, APC, Yekini Nabena, made the appeal while speaking to journalists in Abuja on Sunday. He explained that the President Muhammadu Buhari-led APC administration through…

FG lost $104bn to non-implementation of Deep Offshore PSC Act – Falana

FG lost $104bn to non-implementation of Deep Offshore PSC Act – Falana

Over $104 billion was lost by the Federal Government for its refusal to implement the Deep Offshore and Inland Basin Production Sharing Contract Act. This was disclosed by the Lagos-based legal luminary, Mr. Femi Falana (SAN), Thursday in Abuja. According to Falana, who stated this at the 40th anniversary of the Petroleum and Natural Gas…

Trafigura still holds bullish view despite oil being above $80/bl

Trafigura still holds bullish view despite oil being above $80/bl

Trafigura executives expect more upward pressure on global oil prices next year as rising U.S. shale output will not be able to fill a gap in supply once U.S. sanctions on Iranian oil come into force in early November. The commodity trader’s chief economist Saad Rahim, speaking at the Argus Global Crude Conference in Geneva,…