AfDB approves $1.5m for Jigiwa on-grid IPP solar power procurement programme

The Board of Directors of the African Development Bank has approved a $1.5-million grant from the Sustainable Energy Fund for Africa (SEFA) to support the Nigerian Government’s implementation of Phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) Solar Procurement Program. This approval reaffirms the underpinning principles of the Bank’s New Deal on Energy […]

NNPC Makes Fresh Commitment on 2019 Fuel Importation Deadline

The Nigerian National Petroleum Corporation (NNPC) has expressed commitment to actualize the December 2019 target set by the federal government to end the importation of petroleum products into the country. Speaking as the Special Guest of Honour at the Offshore Technology Conference 2018 Nigeria Oil Industry Award Dinner in Houston, Texas, the United States, Group […]

PHED installed 100,000 prepaid meters in 2017

As part of its effort to bridge the metering gap, the Port Harcourt Electricity Distribution Company, PHED, says it installed a total of 100,000 prepaid meters to customers within its four states of operation in the year 2017 alone. The four states are Rivers, Akwa Ibom, Bayelsa and Cross River States. The Distribution company explained […]

Fossil fuel industry fingered for delayed climate action

The fossil fuel industry has been active in lobbying for delays in global climate action as they stand to make enormous amounts of money when the process is stalled. If the targets of the Paris Agreement on climate change to reduce emissions are to be met, the fossil fuel industry will be losing money. A […]

NNPC: Announces three-point Strategies Aimed at Ending Gas Flaring

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has announced a three-point smart strategy aimed at ending gas flaring in the nation’s Oil and Gas Industry. Dr. Baru made the announcement while delivering the lead paper on a panel session at the ongoing 50th Offshore Technology Conference (OTC), in […]

OTC 2018: Energy Policy Pro, Officials See Better Government-Industry Ties

A word starting with the letter “o” that’s been rare in oil and gas in recent years – “optimism” – seems to be a popular sentiment at the 2018 Offshore Technology Conference (OTC), which began Sunday in Houston. How might the offshore oil and gas industry summarize its relationship with U.S. federal regulators? An energy […]

Chevron to shut 2nd Gorgon LNG train in May May 2, 2018

US-based energy major Chevron plans to close in May the second production train at its giant Gorgon liquefied natural gas (LNG) plant on Barrow Island in Western Australia. “We have a planned pit-stop on Gorgon Train 2 next month to replicate performance improvement modifications that we have made in the other two trains,” Pat Yarrington, […]

Shell: Deep water Projects Need to Break Even at $40 a Barrel

Despite oil price rising above $75 per barrel, oil major, Royal Dutch Shell wants its deepwater projects at not more than $40 per barrel or below. Deepwater projects need to break even at $40 a barrel or preferably lower, said Harry Brekelmans, Shell’s project, and technology director, in an interview with Bloomberg TV. On Monday, […]

HAZARD RECOGNITION

I’ve never met a worker who intentionally injures himself or herself. Unfortunately, many workers are seriously injured each year and many people still believe that accidents “just happen.” But, accidents do not just happen! What Goes Wrong? Usually, an error that is within the control of one or more people is at the bottom of […]

497 oil and gas projects to start production by 2022

A report by GlobalData – a leading data and analytics company – has indicated that a total of 497 planned projects are expected to start production across the world by 2022. Oil and gas analysts at GlobalData said the number of planned projects has decreased by 12 when compared with February. Globally, Asia leads with […]

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