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Europe’s LNG demand jumps 60% TO 121 MMtpa
Rising demand for liquefied natural gas (LNG) in Europe reached 121 million tonnes in 2022, amplifying the growing independence of the industrial continent from Russian gas supplies. European countries, including the UK, imported 121 million tonnes of LNG in 2022,…
GECF makes case for blue hydrogen
By Seyed Mohsen Razavi The energy sector is undergoing a transformation, with a growing focus on cleaner energy sources and technologies that reduce greenhouse gas emissions and contribute to a more sustainable future. In this context, hydrogen is emerging as…
NCDMB offers Nigerian hub for African content incubation
NCDMB offers Nigerian hub for African content incubation Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has invited African manufacturers and petroleum industry players to take advantage of the time tested Nigerian operating environment to understudy, groom and…
Supreme Court advises CBN to ease cash crunch, adjourns to February 22
Sopuruchi Onwuka The Supreme Court on Wednesday reiterated its order for the old N200, N500 and N1000 notes to remain in the nation’s legal tender until the determination of the suit filed by Kaduna, Kogi and Zamfara states challenging the…
WIEN takes gender debate to SAIPEC 2023
Nigeria’s frontline gender right advocacy group, Women in Energy Network (WiEN), will from Wednesday in Lagos begin its arguments on gender inclusivity, equity and capacity optimization at the ongoing Sub-Saharan Africa International Petroleum Conference (SAIPEC). The women rights group hosting…
NLNG reaffirms commitment to Finima Nature Park
Nigeria LNG has reaffirmed its commitment to conserving nature and preserving wetlands at its Finima Nature Park on Bonny Island as part of plans to promote decarbonization and green culture. The company stated this on the back of the Federal…
UK pays £1.7bn import fraud charges to EU
Great Britain ruled by King Charles III has agreed to pay the European Union princely £1.7 billion in reparation for stolen customs duties on imported goods, concluding payment of the £2.4 billion slammed on the Nigeria’s colonial master for fraudulent…
FG deploys Julius Berger on Oloibiri Center project
Sopuruchi Onwuka Federal government on Wednesday approved the award of the major contract for the building of the much awaited Olibiri Museum and Research Centre, in Bayelsa State. The museum is conceived to preserve the heritage and developments in the…
APC govs hamstring Emefiele, S. Court removes Naira swap deadline
Sopuruchi Onwuka The Supreme Court has temporarily suspended the imminent deadline for the phase out of old Naira notes from circulation, pulling crucial support from the efforts of the Central Bank of Nigeria (CBN) to rein in over N4.0 trillion…
Nigeria offers 4 unique incentives for tech investors __ Inuwa
Sopuruchi Onwuka Global investors interested in establishing in the Nigerian tech ecosystem have a guarantee of basic incentives that come with existing strong market base of some 200 million people. Director General of the National Information Technology Development Agency (NITDA),…
