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Energy
Butane Energy to commission new LPG plants in 10 States Next Year
By YANGE IKAA
Butane Energy Limited, one of the gas-based businesses supported with equity investment from the Nigerian Content Development and Monitoring Board (NCDMB), has projected that by next year, the company will build new!-->!-->!-->!-->!-->…
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Mozambique can’t pay for emission challenges caused by developed countries- IMF
By YANGE IKYAA
The country representative of the International Monetary Fund (IMF) in Mozambique, Alexis Meyer-Cirkel, has said that the push to limit gas production in the country is “not sensible”.
In a briefing, Meyer-Cirkel!-->!-->!-->!-->!-->!-->!-->…
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FG To Leverage CBN’s Fund for Gas Penetration Among Low-Income Nigerians
By YANGE IKYAA
The Federal Government has said it is going to leverage the Gas Development Fund of the Central Bank of Nigeria (CBN) and its pricing framework to create appropriate funding models that will support and ease the use!-->!-->!-->!-->!-->…
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Saudi Aramco, French Companies Sign Multiple Deals to Boost Hydrogen-Fuel Use, Carbon Capture
By YANGE IKYAA
Saudi Aramco has signed five key agreements with leading French companies, with the aim to boost hydrogen transport business in the kingdom and also explore opportunities in carbon capture technology and artificial!-->!-->!-->!-->!-->…
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South African Regulators Cancel Gas-Fired Power Plant Over Environmental Concerns
By YANGE IKYAA
South Africa’s Department of Forestry, Fisheries and the Environment (DFFE) has refused environmental authorization to develop the 6.5-gigawatt Nseleni Independent Floating Power Plant (NIFPP), citing environmental!-->!-->!-->!-->!-->…
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Happening Now: ‘Exploring Investment Opportunities in the Gas Sector’
Group Managing Director/CEO of the Nigerian National Petroleum Comoany Ltd, Mallam Mele Kolo Kyari is attending the Nasarawa Gas Business Roundtable in Lafia, Nasarawa State.
The event, organised by the Gas Aggregation Company of!-->!-->!-->!-->!-->…
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NUPRC Assures NGEP Of Support For Improved Domestic Gas Utilisation
With a view to improving domestic utilisation of gas for power, industrialisation and deepen LPG penetration, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has promised to collaborate with, and support the Nigerian Gas!-->!-->!-->…
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IMF gives Nigeria January 2022 deadline to stop all energy subsidies
By YANGE IKYAA
The International Monetary Fund (IMF) at the weekend asked Nigeria to consider total removal of all energy subsidies by January 2022. This demand was part of a concluding statement describing the preliminary!-->!-->!-->!-->!-->…
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‘Energy Transition: Nigeria, Africa need more oil, gas investment’
Despite renewed calls for a shift from fossil fuel investments, Nigeria and Africa have been identified as requiring more investments in the oil and gas space.
Former Managing Director of Equinor Nigeria and current!-->!-->!-->!-->!-->…
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COP26 Summit Ends Without Biden Taking Crucial Action on Fossil Fuels
The United Nations climate summit ended weekend in Glasgow with the United States still failing to make crucial domestic and global commitments to address the climate emergency.
“We’re in a five-alarm fire, but Biden refuses to use!-->!-->!-->!-->!-->…
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