Vaalco Energy is in talks with the Equatoguinean government to resume work in offshore Block P next year, the US-based independent announced late on Wednesday. Vaalco acquired a 31% stake in Block P in 2012 and was to assist operator GEPetrol (58.4%) closely alongside partners Atlas Petroleum (5.6%) and Crown Energy (5%), but plans to…
The President, Dangote Industries Limited, Aliko Dangote, has said the raining season this year caused devastating damage on his refinery project site. Dangote said the oil refinery, designed to process 650,000 barrels a day of crude, should start producing fuel in the first quarter of 2020 and be at full capacity within six months of…
The Global Financing Facility (GFF) in Support of Every Woman Every Child in Oslo, Norway on Tuesday, November 6, 2018 announced $1.005 billion in contributions from the Bill & Melinda Gates Foundation, Burkina Faso, Canada, Côte d’Ivoire the European Commission, Denmark, Germany, Japan, Laerdal Global Health, the Netherlands, Norway, Qatar and the United Kingdom. This…
Development Partners have commended President Muhammadu Buhari for declaring a state of emergency in the Water and Sanitation Sector, calling for deliberate political will to improve the sector. They told the News Agency of Nigeria (NAN) on the sidelines of the inauguration of the National Action Plan for the Revitalisation of Water Supply and Hygiene…
President Muhammadu Buhari has declared a state of emergency on Nigeria’s water supply, sanitation and hygiene sector. Buhari made the declaration at the inauguration of the National Action Plan for Revitalisation of Water Supply, Sanitation and Hygiene (WASH) Sector at State House Conference Centre on Thursday, November 8, 2018 in Abuja. He directed governments at…
In a bid to have Africa commit to 100% renewable energy and to increase transparency in the continent’s energy sector, Zero – a coalition campaign between climate change volunteers and Non-Profit Organisations (NGOs) around the continent – was launched on Wednesday, November 7, 2018 in Johannesburg, South Africa at the Sandton Convention Centre on the…
A new research has found that large-scale hydropower dams are unsustainable in the developing world. Hydropower is an important source of energy and makes up more than 70 per cent of all renewable energy globally as of 2016. However, new research, published in the journal Proceedings of the National Academy of Sciences of the United States of…
A new modular fire field and emergency response training centre built by Tolmann Allied Services Limited has been commissioned by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote. Located in Port Harcourt, Rivers State, the facility can provide practical demonstrations of offshore safety trainings such as Helideck Emergency Response Team…
The Nigerian National Petroleum Corporation (NNPC) has said that crude oil and gas export sale by the corporation in August 2018 was $470million, indicating an upsurge of about $78million in relation to July oil and gas export figures of $391.91million. NNPC Monthly Financial and Operations report for August 2018 released today in Abuja by the…
Senate President Bukola Saraki has faulted reported use of $1.05billion, by the Nigeria National Petroleum Corporation (NNPC), from its dividends from the Nigeria Liquefied Natural Gas (NLNG) for fuel subsidy. Saraki said the Senate would, therefore, on resumption of plenary today investigate the claims made before the Senator Ahmad Lawan’s Ad-hoc Committee by the Group…