NMDPRA Backs Daily Fuel Consumption Figure of 66 Million Litres The Nigerian Midstream and Downstream Petroleum Regulatory Authority has backed the 66 million litres daily Premium Motor Spirit consumption figure released last weekend by the Nigerian National Petroleum Company Ltd. The Regulator said in a statement on Friday that the actual daily truck out from…
UK Announces $46 Bln Support Plan For Power Firms Britain’s finance ministry and the Bank of England will launch a 40 billion pound ($46 billion) scheme to ensure energy firms are not hit by a liquidity squeeze amid volatile markets, new Prime Minister Liz Truss said on Thursday. “I’m announcing today that with the Bank…
Transport Minister Receives Nigerian Fleet Implementation Committee Report The Minister of Transportation, Mu’azu Jaji Sambo, has received an interim report on the need to establish a national fleet. “Nigeria is a maritime country and if Nigeria gets its acts together, the country will have no business looking for money from the oil sector as contribution…
NMDPRA Disburses over N103bn Bridging Claims to Oil Marketers in 9 Months The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it disbursed a total of 103,037,183,922.91 billion Naira bridging claims to oil marketers between December 2021 and August 2022. The authority disclosed this at the end of its meeting with the Northern Independent…
PTI Rolls out Drums for 50 Years Anniversary The Petroleum Training Institute (PTI), Effurun, Delta State has announced plans to celebrate 50 years of the founding of the great institution. In an online video broadcast by Dr. Henry A. Adimula, Principal/ Chief Executive, PTI, the high point of the anniversary celebration will be a one-day…
Gastech: Hyundai Group Showcases Eco-friendly Maritime and Digital Technologies Hyundai Heavy Industries (HHI) Group is showcasing eco-friendly technologies for a sustainable future as well as state-of-the-art digital technologies at this year’s Gastech, a global platform showcasing new products, solutions and technologies across the gas, LNG, hydrogen and energy value chain. Hyundai said it participating in…
NIMASA Launches E-Platform for Dockworkers Registration The Nigerian Maritime Administration and Safety Agency, NIMASA, on Tuesday launched the electronic registration platform for maritime labour and issuance of Biometric Identity Cards to Dockworkers. The Agency’s Director General Dr Bashir Jamoh described the e-platform as a major step towards attaining full automation of all its processes adding…
Shell Impact Investment Company Signs 1Million Pounds Deal with Mobile Power to Expand Deployment of Battery Sharing Platform in Nigeria Shell-funded impact investment company, All On, has signed a 1million pounds investment deal with Mobile Power Limited, to increase the growth of Pay-per-use battery sharing platform in Nigeria. Mobile Power’s energy distribution platform “MOPO”, is…
OPED : “Green ammonia is going to be the fossil-free “crude” of the hydrogen fuel economy”: Verano Energy COO, Collin Hamilton Collin Hamilton is Chief Operating Officer & Head of Engineering at Verano Energy. Under his leadership, Verano Energy is developing over 30GW of hydrogen projects in Chile and Peru, one of the largest project pipelines…
Fostering Global Partnerships, Sustainable Security and Economic Growth London – 25 August 2022. The 7th Mozambique Gas & Energy Summit & Exhibition will be taking place in-person from 14 – 15 September 2022 at the Joaquim Chissano International Conference Center in Maputo. The event themed ‘Fostering Global Partnerships, Sustainable Security & Economic Growth‘ is officially…