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Shell battles another oil spill mess
Sopuruchi Onwuka Shell Petroleum Development Company (SPDC) Nigeria Limited is back to arguments over its liability to environmental remediation related to massive oil spill affecting farm lands, fresh water and fishes in the operating environment. First hand reports hold that…
NLNG renews partners with Rivers govt on healthcare, infrastructural devpt
Nigeria LNG Limited (NLNG) and the Rivers State Government have renewed their commitment to developing healthcare and infrastructure in the State. During a courtesy visit to the Executive Governor of Rivers State, Sir Siminalayi Fubara, NLNG’s Executive Management, Dr. Philip…
Oil demand to slow by 2028 __IEA
New medium-term report by the International Energy Association (IEA) sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemicals demand. Growth in the world’s demand for oil is set…
Scientists see EV battery solution in crustacean shells
Sopuruchi Onwuka, with agency reports Researchers at the University of Maryland in the United States are looking to significantly displace the use of lithium-ion and its environmental impacts in the automobile industry with introducing chitinous zinc for production efficient batteries….
NMDPRA warns oil importers of off-spec products as market liberalizes
Sopuruchi Onwuka The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has warned players in the domestic petroleum market to ensure that the products sold in the local market meet the specifications for vehicles used in the country. Authority Chief…
FG needs $96bn income, $60bn reserves for economic recovery
Sopuruchi Onwuka The new administration if President Bola Tinubu must look beyond oil income to revive the country’s economy which was driven downhill by the past administration of former President Muhammadu Buhari. President Tinubu who has inherited huge official debts…
Deregulation: WIEN endorses market reforms, mobilizes female investors
Aniekan Imeabasi Nigerian female investors and professional s in the energy sector, Women in Energy Network (WIEN), has urged the people to accept the ongoing reforms enunciated by President Bola Ahmed Tinubu’s administration of the federal government as the only…
GOG nations sign MoUs on Nigeria-Morocco gas pipeline
Sopuruchi Onwuka Countries on the coast of the Gulf of Guinea (GOG) have finally reached a definitive agreement to provide a safe and sustainable pathway for the flow natural gas from Niger Delta in Nigeria through several African countries to…
Naira takes 57% plunge at the new official windows
Sopuruchi Onwuka The unification of trading windows and dismantling of official restraints on the parallel foreign exchange markets in the country is beginning to pull the dreaded inflation triggers as official exchange rate for the local currency quickly races close…
Deregulation: NGA welcomes revival of Autogas policy
Sopuruchi Onwuka Local players in the Nigerian gas valuechain, The Nigerian Gas Association (NGA), has commended government’s renewed plan to revive the autogas policy and cushion the cost impact of deregulation in the prices petrol in the country. The stated…
