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Climate change: expert questions CO2 storage procedure, energy transition

Sopuruchi Onwuka Carbon capture and storage (CCS), one of the novel technologies that hold promise of diverting industrial emissions to artificial reserves, is yet to address the question of leakages. The question from Professor John Underhill of Heriot-Watt University in…

NCDMB set to host Africa Local Content Investment Forum

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to host the Africa Local Content Investment Forum (ALCIF) next week. The event slated to hold at Eko Hotels and Suits in Lagos will provide a platform…

OPEC to shoot up oil output this year

Sopuruchi Onwuka Cumulative crude oil output by the Organization of Petroleum Exporting Countries (OPEC) will rise by significant 2.7 million barrels per day in 2022, according to the Energy Information Administration (EIA) of the United States. The agency which provides…

Net Zero climate targets to cost $276 trn

Sopuruchi Onwuka Reaching the climate redemption targets set by the world governments and institutions would task the global economy with significant $276 trillion between 2020 and 2030. The huge figure translates to annual cost of e $9.2 trillion in cumulative…

N.I.E.S 2022: CEO Roundtable to unfold strategies for seamless energy transition

The CEO roundtable of the upcoming Nigeria International Energy Summit (N.I.E.S 2022) taking place in Abuja from February 27th to March 3rd, 2022, will unfold strategies for a seamless energy transition with the view of ensuring energy security without putting…

Husk Power Systems to build 500 minigrids in Nigeria

Signs U.N. Energy Compact to connect 1m users to 5,000 minigrids Sopuruchi Onwuka Microgrid electricity provider, Husk Power Systems, has declared intention to expand its rural clean energy services in Nigeria and other nations in Africa and Asia where it…

UAE to lift travel ban on Nigeria, other African countries

The United Arab Emirates will lift an entry and transit ban on Saturday on travelers who had recently visited South Africa, Kenya, Nigeria, Ethiopia and eight other African countries. The National Emergency Crisis and Disasters Emergency Management Authority (NCEMA) said…

NLNG activates 6 of 12 hospital support projects

Sopuruchi Onwuka Nigeria LNG (NLNG) Limited flagged off its multi-billion-naira Hospital Support Programme (NLNG HSP) with Memoranda of Understanding (MOU) with initial six out of 12 Nigerian teaching hospitals targeted in the scheme. Managing Director of the gas liquefaction and…

NCDMB dismisses pejury allegation against Wabote as charade

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board has dismissed allegations of perjury against its Executive Secretary, Engr Simbi Wabote, as disingenuous and diversionary tactic to stampede into dropping his suit challenging allegations that he operates a foreign account….

BFI Group ready to reactivate ALSCON

Sopuruchi Onwuka A Nigerian American consortium, the BFI Group, has declared its readiness to begin processes for reactivation of production at the Aluminum Smelter Company Limited in order to fast tract the ongoing economic diversification of the government. The development…