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Rystad projects 13 GW from African geothermal projects
Sopuruchi Onwuka, with agency reports With significant $35 billion investment outlook by 2050, Africa’s geothermal power projects could deliver some 13 gigawatts of electricity, making the continent the third largest geothermal power generator by 2030. According to Rystad Energy, geothermal…
Decarbonization to lower Nigeria’s electricity cost
Sopuruchi Onwuka Adoption of renewable electricity production technology for sustainable power supply will ultimately cut the cost of electricity in Africa’s biggest economy where renewable power supply is currently unpopular due to high cost of procurement and maintenance. Managing Director…
Nigeria losing Asian crude oil buyers to Russia
Sopuruchi Onwuka Trade sanctions by members of the European Union on Russia after its invasion of neighboring Ukraine has forced the key oil producer to slash prices to court rogue sales mainly from Asia where Nigerian oil grades now begin…
WIEN plots full gender capacity across sectors
New President of the Women in Energy Network (WIEN), Mrs Eyono Fatai-Williams, has stated that the group holds an outlook that could capture the full female potential in Nigeria’s full industry loop in boosting economic growth and development. Mrs Eyono…
WIEN commits to sustainable energy, asks for equal opportunity
Foremost women advocacy group in the Nigerian energy sector, the Women In Energy Network (WIEN), has restated its commitment to sustainable energy in line with global movement to arrest the prevailing climate change manifesting in extreme weather conditions. The…
NCDMB tasks indigenous oil firms on governance, policy compliance
The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably. The companies were equally…
Govt should embrace values women bring to energy industry –Ogbue
After serving as President of Women in Energy Network (WIEN), the foremost gender equity advocacy group in the energy sector; Mrs Funmi Ogbue, who concluded an impactful tenure this November, declares that gender diversity and inclusiveness in Nigeria’s business environment…
NLNG’s restates commitment to local content
Nigeria LNG Limited (NLNG) last weekend hosted the Nigerian Content Stakeholders Retreat at its plant complex in Bonny, in demonstration of its unwavering commitment to the advancement of local content in Nigeria. The three days event provided a platform for…
NLNG Train-7 project hits 52% completion, employs 8,300 workers
Sopuruchi Onwuka The ongoing construction of the seventh process train of the Nigeria Liquefied Natural Gas (NLNG) currently engages some 8,300 workers who have contributed to driving the project to 52 percent completion as at last weekend. Managing Director, Dr….
Wabote lauds Genesis Academy for creating 2500 jobs
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday commissioned the corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port Harcourt, Rivers State. The NCDMB…
