Oil Prices Rise on Signs of a Tightening Market Oil prices rose in Asian trade early on Wednesday, following estimates of a large U.S. inventory draw and a warning from the Saudi energy minister for short sellers. In early morning trade in Europe, Brent Crude was up above $78 per barrel, at $78.06, rising by…
Australia and India to Boost Clean Energy Cooperation Australia and India on Wednesday pledged to work closer to advance renewable energy, increase cooperation in the critical minerals sector, and study green hydrogen development during a visit of Indian Prime Minister Narendra Modi to Australia. “Renewable energy was once again a focus and an important topic…
Oando and LAMATA Electric Mass Transit Buses Set to Revolutionize Mobility in Nigeria Oando Clean Energy Limited (OCEL), the renewable energy subsidiary of Oando, Nigeria’s leading energy solutions provider; in partnership with the Lagos Metropolitan Area Transport Authority (LAMATA) marked the formal commencement of operations of its electric mass transit buses in a grand ceremony…
Africa Needs Natural Gas to Meet 27th United Nations Climate Change Conference (COP27) Commitments By NJ Ayuk The 27th United Nations Climate Change Conference, or the Conference of the Parties of the UNFCCC (COP27), held in Sharm El Sheikh, Egypt, in November 2022, featured a slight philosophical shift from where mindsets had been just the year before….
Iraq Awaits Turkey’s Go-Ahead to Resume Kurdistan Oil Exports Iraq is waiting for a final go-ahead from Turkey before resuming oil exports from the semi-autonomous Iraqi region of Kurdistan via a pipeline to the Turkish Mediterranean port of Ceyhan, Iraqi Oil Minister Hayan Abdel-Ghani told Reuters on Tuesday. Kurdistan’s oil exports have been halted for…
Kohler Co. Transforms its Power Businesses to Kohler Energy, Providing Customers with Energy Resiliency 27th April, 2023 – Wisconsin, USA: Kohler Co. announces the evolution of its Power businesses to Kohler Energy, aligning with Kohler’s strategy of providing energy resilience to homes, businesses, and communities around the world. “Our newly named Kohler Energy celebrates the…
ENERGY TRANSITION: AFRICAN NATIONS MUST FOCUS ON STRATEGIC NATIONAL INTEREST SAYS ADO OSERAGBAJE, CEO HERITAGE ENERGY “As global energy industry races towards energy transition, African countries must focus on their strategic national interests in order to sustain development and regional survival”. These were the words of Ado Oseragbaje, Chief Executive officer of UK based Heritage…
Humanizing Energy not a Project but a Mindset – PCTS Chairman The chairman, Petroleum Contractors Trade Section (PCTS) of the Lagos chamber of commerce and industry, Mr Tayo Akinkunmi, has called on stakeholders of the energy sector to adopt environmental-friendly processes in their quest towards actualizing energy sustainability. He emphasized that humanizing energy is not a…
Shell Wins Six Awards at 2023 Nigeria International Energy Summit Confirms leading position in the energy industry Nigeria’s energy giant, Shell, won six of the coveted prizes at the awards ceremony of the ongoing 6th Nigeria International Energy Summit (NIES) which took place last night at the State House Banquet Hall, Abuja, confirming the energy company’s…
Germany Hosts Dialogue on Low-Carbon Hydrogen and Just Transition at the 6th Edition of the Nigeria International Energy Summit Abuja, 18th April 2023 The Embassy of the Federal Republic of Germany to Nigeria and the German-Nigerian Hydrogen Office, financed by the Federal Foreign Office and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), today,…