Some industry players have described renewable energy as the fastest growing source of power in recent times, hence the need for stakeholders to exploit opportunities it offers. Some members of The Petroleum Club, Lagos, at their yearly Guarantors’ Dinner, were Read More
USTDA reaffirms support for 20,000bpd modular refinery
The U.S. Trade and Development Agency (USTDA) has reaffirmed its support for the 20, 000 barrel per day production capacity modular refinery at Tomaro Island Port in Amuwo – Odofin Local Government Area of Lagos (LGA). The Acting Director, USTDA, Read More
Forum urges NLNG not to change contractors for T7 project
The $12 billion Train 7 (T7) project got a boost as the Bonny Entrepreneurs and contractors Forum has assured the Nigerian Liquefied Natural Gas (NLNG) and the federal government that Bonny is ready for the project. The Forum Chairman, Idawarifagha Read More
Shell’s contractor support fund hits $2.4 billion
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has upped its contractor support fund with $200 million in an effort to boost the financial capacity of vendors and suppliers in Nigeria’s oil and gas industry. This latest move brings Read More
There is no fair play in monopoly
The Managing Director of Lagos Deep Offshore Logistics Base (LADOL), Dr. Amy Jadesimi, has long held herself out as being a longstanding advocate for fair trade and the break of monopoly in Nigeria. She was quoted by Forbes in September Read More
Nations adopt blueprint for more sustainable future, pledge to protect degraded planet
The world at the weekend laid the groundwork for a radical shift to a more sustainable future, where innovation will be harnessed to tackle environmental challenges… The post Nations adopt blueprint for more sustainable future, pledge to protect degraded planet Read More
New refineries to overrun inefficient plants by 2024
An increase in the number of new refining capacity, expected to extend till the end of 2024, signifies major competition ahead for the oil industry, with possible shutdowns, the International Energy Agency (IEA), said in its Oil 2019 Report. The Read More
UN tackles wildlife trafficking as illegal trade hits $150billion
The United Nations said it is beaming searchight on wildlife trafficking in Nigeria, following recent seizure of more than $8 million worth of elephant… The post UN tackles wildlife trafficking as illegal trade hits $150billion appeared first on The Guardian Read More
NB goes offgrid with 650 kW solar powered plant in Ibadan
Nigerian Breweries Plc (NB) and CrossBoundary Energy have announced the signing of Heineken’s first solar project in Africa, a pact that will see the latter installing and operating a 650 kW solar plant at the brewer’s Ibadan Brewery, later this Read More
Addressing obstacles to domestic gas optimisation for power generation
Despite Nigeria’s potential of being a key player in the global natural gas market due to its huge gas reserves, not much has been accomplished with respect to the effective exploitation and utilisation of these reserve. The post Addressing obstacles Read More
