Natural Gas Prices in Europe Fall after Australian LNG Strikes End The benchmark natural gas prices in Europe and the UK dropped early on Friday after Chevron and trade unions settled a labor dispute which led to the unions calling off the strikes at two large LNG export facilities in Australia. The front-month futures at…
China Says Fossil Fuel Phase-Out is Unrealistic Phasing out fossil fuels is unrealistic as oil, natural gas, and coal will continue to play a crucial role in global energy supply and energy security, China’s special climate envoy Xie Zhenhua said this week in a speech obtained by Reuters. “It is unrealistic to completely phase out…
BP, Shell near Agreement with Trinidad to Explore Deepwater Blocks A BP Plc and Shell Plc consortium is near to striking an agreement with Trinidad and Tobago to explore three deepwater blocks in the Caribbean country, the companies said. The deal would help Trinidad speed up offshore exploration and production to secure more natural gas…
Electricity Standards Practices Adopted In Nigeria for Harmonization across Country Electricity Standards practices adopted in Nigeria for harmonization across country at the Nigerian Energy 2023 leadership conference with the theme ‘Unlocking new value with reforms, investments and technology’. The conference has provided the needed platforms for developing solutions and partnerships to meet Nigeria energy challenges….
Transcription of Minister of Power, Chief Adebayo Adelabu’s Opening Address at the 10-year Anniversary of the Nigeria Energy Exhibition and Conference on 19th September, 2023. “It is indeed a great pleasure and honour for me to address you today as we gather to discuss one of the most critical issues of our time, which…
Ghana: Evolving Power Mix and The Energy Trilemma of Energy Security Speaking at the Nigeria Energy Leadership Summit on the theme: ‘Unlocking New Value with Reforms, Investments and Technology’ the Ghana Minister for Energy, Dr. Matthew Opoku-Prempeh emphasized on the country’s power mix. The Minister’s keynote address was delivered by Deputy Minister of Energy, Hon….
Seplat Energy Flags Off 4th Edition of STEP CSR Initiative The Seplat Energy/NNPC E&P Limited Joint Venture (JV) has kicked off the 2023 edition of its Seplat Teachers’ Empowerment Programme (STEP) for teachers in Edo and Delta states. The programme is hinged on the JV’s continued quest to contribute towards the improvement of quality education…
EKEDC Gets ISO 27001 Certification in Information Security Management System The Eko Electricity Distribution Company (EKEDC) has gotten ISO 27001:2013 in Information Security Management System. The ISO 27001 certification is the global standard for information security management systems that ensures that organisations keep information assets secure by building an information security infrastructure against loss, damage,…
Dangote Refinery to Start Operating in October at 370,000 bpd Dangote refinery will receive its first cargo of crude in the next two weeks and will begin producing up to 370,000 bpd of diesel and jet fuel from October. Dangote Group Executive Director, Devakumar Edwin, made the disclosure in an exclusive interview with S&P Global…
Investment: ‘Nigeria has Never been More Ready for Business than it is Now’, Tinubu Tells ExxonMobil President Bola Tinubu played host to a delegation consisting of the global leadership of an energy giant, ExxonMobil, in New York, where he made his position known that Nigeria is no longer settling for crumbs and leftovers on the…