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Energy
Introducing methanol fuel will end gas flaring in Nigeria – Minister
The introduction of methanol technology will go a long way in reducing gas flaring in the country, the Minister of Science and Technology, Dr. Ogbonnaya Onu, has said.
US leads global liquefaction market – GlobalData
The US currently tops the list on the global liquefied natural gas market, GlobalData’s latest report has revealed.
The U.S. oil industry warns of the economic consequences of drilling
The head of the largest U.S. energy oil industry organization cautioned that Americans risk-taking the "wrong path" in the 2020 presidential election by banning drilling if they vote for a candidate who aims to combat climate change.
Equinor to cut greenhouse emissions in Norway to near zero
Leading oil producer, Equinor is planning to cut greenhouse gas emissions generated at Offshore fields and onshore plants in Norway.
Exports of US petroleum outweigh imports
The US exported 89,000 bpd more petroleum (crude oil and petroleum products) than it imported in September 2019, the first month since the beginning of monthly records in 1973. The US imported 10 million bpd more petroleum a decade ago than it exported. Long-term shifts in U.S. trading trends for both crude oil and petroleum products have resulted…
FG orders power distribution companies to use the cashless payment system for electricity bills
The Federal Government has ordered power distribution companies to end cash payment for electricity bills. This directive includes all its customers, from residential, industrial and commercial customers.
Strengthening domestic gas use will support economic growth – DPR
Nigeria is blessed with large reserves of hydrocarbon wealth, most of which are still untapped. At the last count, according to the Department of Petroleum Resources (DPR), Nigeria's proven natural gas reserves are at 200.79 trillion standard cubic feet (Tscf) as last January, while the reserves expected to be discovered are at 600Tscf.
Seplat wins PETAN award, others
SEPLAT Petroleum Development Company Plc, listed both on the Nigerian Stock Exchange, NSE, and London Stock Exchange, LSE, has recently won the Petroleum Technology Association of Nigeria’s (PETAN) 2019 Local Content Operator Award, the Frontier Energy Independent Player in Africa (Leopard) Award and the Capital Market Correspondents Association…
SA’s energy minister promises to keep using coal for electricity
The energy minister of South Africa promised on Tuesday to keep using coal to produce electricity, although the continent’s biggest greenhouse gas emitter has taken to more renewable energy sources to make its commitments regarding climate change.