APM Terminals Apapa Wins Dockworkers Award, Commended by MWUN Nigeria’s largest container terminal, APM Terminals Apapa was on Thursday honoured by the Shipping Correspondents Association of Nigeria (SCAN) with a special recognition award for blazing the trail in setting new standards for the welfare of dockworkers in Nigeria. The award was presented to APM Terminals…
Ghana Sovereign Wealth Fund Invests in Nation’s First Lithium Mine Ghana’s sovereign wealth fund will invest almost $33 million in a lithium mine in the country and take a minority stake in its developer Atlantic Lithium (A11.AX), the company said on Friday. Ghana’s Minerals Income Investment Fund (MIIF) will buy a 6% stake in Atlantic…
Saipem Launches Sustainable Carbon Capture Solution for Oil & Gas Saipem has launched BluenzymeTM, a pre-engineered line of CO2 capture solutions based on the proprietary enzymatic technology “CO2 Solutions by SAIPEM”, with the release of the first industrialized product, BluenzymeTM 200, a ready-to-use package aimed at small and medium emitters, which has a nominal capture…
Powering Nigeria’s Sustainable Energy Future We invite you to join us at NOG Energy Week Conference & Exhibition 2024, the cornerstone of the international energy sector in Nigeria for its 23rd annual edition at the ICC in Abuja, Nigeria, from 30 June – 4 July 2024. As Nigeria continues to embark on an extraordinary journey towards a more just,…
Excess return Conference September 26-27, 2023 | Metropolitan Club The Future of Private Capital in Emerging Markets Connecting influential investors, entrepreneurs and thought leaders to spark conversations on the future of capital, innovation, and the global economy
China’s August Oil Imports Surge to the Third-Highest Level Ever China imported in August the third-highest monthly crude oil volumes ever as crude arrivals surged by 20.9% compared to July and by 30.9% versus August last year, according to Chinese customs data. Chinese crude imports hit 12.43 million barrels per day (bpd) last month, the…
U.S. Solar Capacity Additions to Hit a Record High in 2023 The solar industry in the United States expects to install a record-high 32 gigawatts (GW) of new capacity this year, with additions surging by 52% from 2022, when policy-driven constraints held back projects, the Solar Energy Industries Association (SEIA) and Wood Mackenzie said in…
Idle Russian Crude Oil Refining Capacity Surges The primary oil refining capacity that will be offline in Russia is set to soar by 44% in September compared to August amid seasonal maintenance, according to Reuters estimates based on data from industry sources. As much as 4.635 million metric tons of Russia’s refining capacity is expected…
Gas revenue drops by N3tn in 12 months – Report According to the report, Gas revenue dropped by N3tn in 12 months. The Federal Government, last year, lost the sum of N3.3tn gas revenue last year, as a result of drop in export due to low production, according to data obtained from a global professional…
FG loses N335m to oil spill, says report Nigeria lost about N335m to oil spilled between January and August 2023, according to estimation from data released by the National Oil Spill Detection and Response Agency. NOSDRA, in its oil spill data for the period under review, said a total of 168 incidents of oil spill…