Emissions to rise by 11% by 2030, says BCG, amid slow progress on decarbonisation goals Boston Consulting Group (BCG) revealed in its Post-COP27 report that the failure of stakeholders at COP27 to increase ambitions and close the policy gap makes it unlikely to limit global emissions by 45% within now and 2030, rather emissions…
Nigerian welders actively engaged on Trans-Sahara gas pipeline project – Welding Institute The Nigerian Institute of Welders (NIW) has stated that its members are actively engaged on the Trans Sahara Gas Pipeline Project (TSGPP), contrary to claims made by some media reports. According to a statement by NIW obtained by our correspondent titled “Setting…
JP Morgan expert decries high cost, low return renewables investment The Global Head of Commodities Research in the Global Investment Research Division of renowned Investment Bank Goldman Sachs, Mr Jeff Currie has lamented the low return on investment of renewable energy sources in the past 10 years. According to a report by Climate Depot,…
SERAP demands Buhari intervention as 133 million Nigerians certified poor The Socio-Economic Rights and Accountability Project (SERAP) has called on President Buhari to set up a panel to audit the social intervention projects between 2015 and 2022 amidst the announcement by the National Bureau of Statistics that 133 million Nigerians now live below poverty…
UNEP recognises five individuals for environmental protection actions The United Nations Environmental Programme has conferred Champions of the Earth recognition on five individuals for their transformative actions in preventing, halting, or reversing ecosystem degradation. UNEP’s annual Champions of the Earth award is the UN’s highest environmental honour, which recognises individuals and organisations from a number of fields,…
Nigeria’s Foreign Direct Investment, Ease of Doing Business Under Threat over Senate Directive for NLNG to Pay N18.4bn – Stakeholders …Senate lacks power to Direct NLNG to pay money – Lawyers, experts set agenda for forthcoming 10th National Assembly at Platforms Africa forum Stakeholders in Africa, particularly in the Nigeria’s oil and gas sector,…
GE and IRENA Sign a Collaborative Agreement at CP 27 to Support Global Climate Change Agenda GE has signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate ona plan which will support both climate change and energy security. The agreement was signed by Francesco La Camera, Director-General of IRENA, and Roger…
Energy – Conference of the Parties (COP27): Africa’s time to shine? Described as the ‘African COP’, the recently concluded COP27 held in Egypt’s Sharm el Sheikh region (6 – 18 November) was set to shine a spotlight on Africa’s role in the energy transition. Africa finds itself in a unique position when it comes to…
Surmounting Insecurity, Threats in the Oil and Gas Industry Surmounting insecurity and threats in the oil and gas industry, evolving strategies was the theme of the 40th Nigerian Association of Petroleum Explorationists (NAPE), All Convention Luncheon that was held in recently in Lagos. Nigeria is unable to meet its production quota due to crude oil…
Gas is the Pride of Africa-Olafisan Addressing the audience recently in his sponsor remark at the 40th Nigerian Association of Petroleum Explorationists (NAPE), All Convention Luncheon with the theme: “Surmounting Insecurity and Threats in the Oil and Gas Industry: Evolving Strategies,” Mr. Wale Olafisan, Group Managing Director (GMD), of AMNI International Petroleum Development Company Limited,…
