Australia Could Divert LNG Exports to Avoid a Domestic Supply Crunch in Winter Exporters of LNG from Australia may have to offer more gas to the domestic east coast market to mitigate a potential supply risk in winter 2023, the Australian Energy Market Operator (AEMO) said on Thursday. The regulator’s gas adequacy report found that…
Saudi Arabia’s Oil Exports Hit a 3-Month High in January Saudi Arabia’s crude oil exports rose by 221,000 barrels per day (bpd) to a three-month high of 7.66 million bpd in January, data from the Joint Organizations Data Initiative (JODI) showed on Thursday. At the same time, crude oil inventories in the world’s largest crude…
NCDMB Trains 100 Youths on Solar Power Installation The Nigerian Content Development and Monitoring Board, NCDMB has concluded the training and empowerment of 100 youths on solar power installation and maintenance. The training, according to NCDMB, was aimed at contributing to the Federal Government’s goal of reducing the unemployment rate in the country, as well…
WIEN to Host 2023 International Women’s Day Breakfast Session on March 24 The Women in Energy Network (WIEN), an association of women in the Nigerian energy sector, will host the 2023 International Women’s Day Breakfast Session on March 24, 2023. This year’s event is themed, “Programmes & Initiatives for Equitable Access for Women in the…
2024: Big Oil Comes in From the Cold on Energy Transition A different type of energy transition has taken place at this year’s World Economic Forum (WEF) meeting. Unlike 2021’s COP26 climate conference in Glasgow, where oil and gas executives were personae non gratae, fossil fuel chiefs and renewable energy bosses sat cheek by jowl…
IPMAN, PETROAN Adopt PDP for Rivers Guber Election The Independent Petroleum Marketers Association of Nigeria and the Petroleum Products Retail Outlets Owners Association of Nigeria have adopted the governorship candidate of the Peoples Democratic Party (PDP) in Rivers State, Siminalayi Fubara as their preferred candidate in Saturday’s governorship election in the State. The National Public…
Totalenergies Partners Alimentation Couche-Tard in Belgium & Luxembourg TotalEnergies and Canadian convenience store leader Alimentation Couche-Tard (“Couche-Tard”) have signed agreements covering TotalEnergies’ retail networks in four European countries. Under these agreements, TotalEnergies will partner with Couche-Tard in Belgium and Luxembourg and sell its networks in Germany and the Netherlands to the Canadian firm: In Belgium…
Russia Uses Ship-To-Ship Transfers to Boost Diesel Exports to Saudi Arabia Russia is accelerating its exports of diesel to Saudi Arabia by both direct shipments and ship-to-ship transfers, Reuters reports, quoting trade sources and shipping data from Refinitiv. With the aid of STS loadings, Russia is shortening the routes for tankers headed to Africa and…
Senator Manchin Threatens to Block Biden Nominees over IRA Energy Provisions Democratic Senator Joe Manchin last week threatened to hold up more of President Joe Biden’s nominees if the Administration does not stick to the energy lane carved forward by the Inflation reduction act. In a Houston Chronicle opinion piece, Senator Manchin said that the…
NCDMB Tops MDAs in 2022 Overall Performance Ranking The Presidential Enabling Business Environment Council, PEBEC, has ranked the Nigerian Content Development Monitoring Board, NCDMD, first out of the 36 ministries, departments and agencies, MDA, of the federal government in its Overall EO1 Performance Results for January – December 2022 report. “From the 2022 EO1 Compliance…