Emerging hydrogen energy world: Implications for oil exporting countries

Hydrogen has long been used across several industries, including the process for converting heavy petroleum extracts into lighter, exploitable forms of fuel. But the objective of turning hydrogen itself into a viable and clean energy source to power vehicles and heat houses is the potential game-changing solution that could lead the way toward a full […]

The hurdles and solutions to crude oil refining in Africa

CSR,Fuel Pricing, Marginal Oil Fields, Technology,Alternative Fuel, oil revenue, Refining business

Most refineries in Africa tend to be medium to large-scale refineries, perhaps because of the state of technology at the time they were built. This article is about presenting a cost- effective and timely option, as represented by the modular refining format. Reviewing crude oil refining in Africa There are a total of 42 refineries […]

Fixing refining business in Nigeria

CSR,Fuel Pricing, Marginal Oil Fields, Technology,Alternative Fuel, oil revenue, Refining business

The issue of deregulation of petrol (PMS) price has been a contentious issue for over two decades, as well as the deregulation of the refining business in Nigeria. However, we need to be clear on what the challenges are and how we go about deregulating the entire downstream petroleum sector. Deregulating the price of petrol […]

Developing Nigeria’s gas pipeline infrastructure

CSR,Fuel Pricing, Marginal Oil Fields, Technology,Alternative Fuel, oil revenue, Refining business

Environmental concerns have made the use of natural gas very attractive. Surging electricity demand is also one of the major drivers of increased consumption of natural gas (Gas-toPower). Globally, natural gas utilization for electric power generation is expected to increase more than 25% faster than fuel use of all types over the next 10 years. […]

Developing an African regional market for natural gas

CSR,Fuel Pricing, Marginal Oil Fields, Technology,Alternative Fuel, oil revenue, Refining business

The key to extensive international trade in natural gas lies in developing global integrated/substantial pipeline grids, and increasing Liquefied Natural Gas (LNG) fleet, where navigable water access is available. Integrated pipeline facilities do not presently exist in much of the world, but are being built rapidly. By 1991, international gas trade was focused in North […]

Sustainable transportation and case for alternative fuel for vehicles

CSR,Fuel Pricing, Marginal Oil Fields, Technology,Alternative Fuel, oil revenue, Refining business

The Nigerian economy has borne the huge burden of subsidy payments on petroleum products. Massive importation of light petroleum products (petrol, diesel, and kerosene) continues unabated because the national refineries are working sub-optimally and new ones are yet to be constructed. Recently, government announced its plan to privatize the old and mismanaged refineries, which was […]