IFC and ALD Partner to Scale Green Vehicle Fleets in Emerging Markets Paris, France, February 20, 2023 — IFC and ALD, a leading global vehicle leasing company and a subsidiary of Societe Generale, today announced a partnership to reduce carbon emissions in transport by accelerating the adoption and penetration of green vehicles in emerging markets. The…
SNEPCo wins 2023 OGTAN National Award of Excellence Shell Nigeria Exploration and Production Company (SNEPCo) has won the 2023 Oil and Gas Trainers Association of Nigeria (OGTAN) National Award of Excellence for Human Capacity Development in the Oil and Gas Industry. The award comes three days after SNEPCo achieved 1-billion-barrel oil export from Bonga field….
Nigerdock Completes First Phase of its Shift to Renewable Energy Nigerdock has initiated moves to change its electricity source from fossil fuel to renewable energy through the installation of solar energy solutions at Snake Island Integrated Free Zone. Speaking on the initiative, Nigerdock CEO, Maher Jarmakani said that the firm has also completed its strategy…
MOSOP Demands Transparent Investigation into Fresh Ogoni Oil Spills The Movement for the Survival of the Ogoni People (MOSOP) has charged the National Oil Spill Detection and Response Agency (NOSDRA) to ensure proper investigations into the cause of the recent spills at Ebubu community, Eleme kingdom of Ogoniland, Rivers State. Recall that fresh oil spills…
Biden Administration Pushes a Made-In-America EV Charging Network The Biden Administration on Wednesday announced actions to significantly expand the U.S. electric vehicle charger network to support its EV sales goals and back the Made-in-America manufacturing of components for charging stations. The latest set of actions is expected to help the Administration’s EV sales goals by…
Glencore to Pay out $7 Billion in Dividends and Buybacks Glencore will hand out over £5.8bn ($7bn) to shareholders in dividends and buybacks after the commodities giant posted another period of bumper revenues and profits powered by its coal and trading divisions. Glencore announced it will make a record payout to shareholders of $5.1bn dividend,…
Spanish Port Denies Maersk Tanker Entry over Russian Oil Links A ship operated by giant shipping company Maersk Tankers has been denied entry into a Spanish port after its oil cargoes were found to have previously been carried by a vessel that was formerly Russian flagged. According to Spanish officials, Spain’s northeastern Tarragona port refused…
Ikeja Electric takes Valentine to Down Syndrome Foundation Nigeria, Donates Consumables Ikeja Electric Plc (IE) visited the Down Syndrome Foundation Nigeria in Alamutu area, Fagba, Lagos to celebrate the 2023 Valentine Day with the training centre for children and adult with down syndrome. The Chief Executive Officer Ikeja Electric, Folake Soetan said the company is…
Wabote lists Strategies For Local Content Regional Collaboration, Signs Agreement with Senegal Amid global concerns over energy security and a regional resolve on collaboration to deepen local content, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has proposed strategies that would break down barriers and promote cross-border collaboration amongst…
Energy Demand in Africa Expected to Rise to 35% in Next 20 Years – Kyari The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has said that in the next 20 years, energy demand in Africa will rise to between 30 and 35 percent. This demand, Kyari said, will…