MOSOP welcomes Buhari’s audit of Ogoni clean-up
Maduabuchi EfegadiAugust 3, 2022
BY MADUABUCHI EFEGADI Movement for the Survival of the Ogoni People (MOSOP) said it welcomed President Muhammadu Buhari’s directive for an audit of the Hydrocarbon Pollution Remediation Project (HYPREP). HYPREP is the agency charged with carrying out the Ogoni land clean-up. However, the agency’s activities have come under severe criticisms from many individuals and bodies, […]
Ahead of COP 27, AfDB’s Atlantic Council pushes Africa agenda
Maduabuchi EfegadiAugust 2, 2022
BY MADUABUCHI EFEGADI Ahead of the forthcoming UN climate conference COP 27 in November at Sham El Sheik Egypt, widely believed by many on the continent as Africa’s COP, the African Development Bank’s Atlantic Council is pushing for ‘Africa agenda’ to international thought leaders and other targeted bodies, saying “Africa deserves the highest priority attention”. […]
Nigeria, Equatorial Guinea mull commercial partnership to enhance gas optimisation
Onome AmugeJuly 20, 2022
BY Onome Amuge Nigeria and Equatorial Guinea have commenced talks on strengthening commercial bilateral relations aimed at increasing and utilising gas production and supply for the benefit of both countries. Gabriel Lima, Equatorial Guinea’s minister of mines and hydrocarbons, made the disclosure while speaking to newsmen in Abuja following the recent unveiling of the Nigerian […]
Setback for Shell in $1.95bn debt appeal as Egbalor community wins Round One
Phillip IsakpaMarch 13, 2022
Shell ordered to deposit N800bn judgement debt with court Shell ordered not to sell assets until it obeys order Operating in Nigeria as Shell Petroleum Development Company (SPDC), international oil company, Shell, which has joined other businesses to review its investments in Russia over the invasion of Ukraine, but which is contesting a judgement […]
NERC’s digital app to aid consumer reporting power outages
Onome AmugeFebruary 28, 2022
The Nigerian Electricity Regulatory Commission (NERC) said it would, in a matter of weeks, commence the operation of a power outage reporting application to enable consumers to report power supply situations in their localities, a measure it said will help address power outage challenges across the country. Musiliu Oseni, vice chairman, NERC, who made the […]
Ogunleye, new NLNG deputy MD as Mai-Bornu returns to NNPC
Maduabuchi EfegadiFebruary 28, 2022
By Maduabuchi Efegadi The board of directors of Nigeria’s gas liquefaction company, NLNG Limited, has approved the appointment of Olalekan Olufemi Ogunleye as new deputy managing director, succeeding Sadeeq Mai-Bornu, who served out his appointment at the NLNG. Mai-Bornu who was appointed in April 2016, will return to his parent company, the Nigerian […]
Nigeria’s energy transition requires solar driven capacity of 5GW yearly
Olusola BelloFebruary 27, 2022
By Olusola Bello Nigeria’s energy transition requires a solar-driven capacity increase at an unprecedented scale, amounting to over 5GW of additional capacity per year for 40 years until 2060. Sharon Ikeazor, minister of state for environment, appearing in Lagos at the 19TH annual Aret Adams Memorial Lecture 2022, with the theme: “Global Energy […]
SAIPEC 2022: Experts highlight relevance of gas in Africa’s decarbonisation goal
Onome AmugeFebruary 25, 2022
Gas will continue to be a good source of fuel and a top priority in Africa’s energy transition towards decarbonisation as the continent sets forth towards generating environmentally-friendly energy resources. Representatives of the International Oil Companies (IOCs) made the assertion during a panel session of the 6th annual sub-Saharan African International Petroleum Exhibition and Conference […]
Nigeria to extract more value as focus shifts to natural gas
Charles AbuedeFebruary 24, 2022
President Buhari tells gas exporters in Doha Nigeria’s federal government has made known its intentions to pan investment focus on natural gas exploitation in the country. President Muhammadu Buhari, at the 6th Gas Exporting Countries Forum (GECF) Summit in Doha, Qatar, on Tuesday, said the enactment of the Petroleum Industry Act (PIA) […]
24 solar mini-grid projects to birth as 8 developers get REA grants
Olusola BelloFebruary 22, 2022
By Olusola Bello EU, Germany provide financial, technical support Projects under IMAS project 138,000 people to benefit from clean electricity Eight local solar mini-grid developers have received grants through the Rural Electrification Agency (REA) with the financial and technical support of the European Union and the German Government within the framework of the […]