News

News

  • The Energy Republic March – April Edition 2024
    on April 18, 2024 at 10:28 am

    In this edition, we take a deep dive into issues ranging from the global energy transion agenda, and Africa’s response to the call to phase out fossil fuels. Just to provide an overview, the African Export-Import Bank (Afreximbank) and the African Petroleum Producers Organizaon (APPO) have resolved to work together to establish an African Energy

  • Gas Supply, Purchase Agreement for Brass Methanol Project To Be Executed In May – Ekpo
    on April 17, 2024 at 4:04 pm

    The Gas Supply and Purchase Agreement (GSPA) to support the Final Investment Decision (FID) for the Brass Methanol Project is to be executed by May, 2024. Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo confirmed this after a meeting held with key stakeholders of the project in his NNPC Towers Abuja office. The

  • 10th Mozambique Mining and Energy Conference (MMEC) 2024: Partnerships for Prosperity
    on April 10, 2024 at 11:10 am

    Maputo – The 10th Mozambique Mining and Energy Conference and Exhibition (MMEC) 2024 ispoised to set new benchmarks in driving energy security and regional integration in Mozambique andbeyond. Scheduled from May 2nd to 3rd, 2024, at the prestigious Joaquim Chissano InternationalConference Centre in Maputo, this event promises exclusive insights, high-level dialogues, andnetworking opportunities galore. Under

  • New Domestic Base Price for Gas: Impact on Power Sector, Commercial and Gas-based Industries
    on April 8, 2024 at 7:06 am

    By Ndubuisi Micheal Obineme April 2nd, 2024 – The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) officially announced a new Domestic Base Price (DBP) for natural gas at $2.42 per Million Metric British Thermal Units (MMBTU) in line with the requirements of the Petroleum Industry Act (PIA) for the regulator to announce a DBP

  • Power Sector: President Tinubu Approves Debt Settlement for Gas-to-Power Arrears
    on April 7, 2024 at 9:01 am

    By Ndubuisi Micheal Obineme …Ekpo set to brief industry stakeholders on repayment plans. ABUJA – Nigerian President Tinubu has approved the payment of approximately $900 million USD in outstanding debts owed to gas companies providing gas supply in the Nigerian power sector, according to the Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo.

  • TWF, TARC Signs MOU to Manufacture 24,000 Kilometer Railway Channel Across Africa
    on April 4, 2024 at 5:10 pm

    As governments ponder ways to enhance trade across Africa, stakeholders are establishing pathways and building codial relationships to develop and sustain African market. The Welding Federation (TWF) and Trans Africa Railway Connection (TARC Ltd) have signed a memorandum of Understanding (MOU) on African content management in the delivery of welding and related services on the

  • World Energy Council Report Reveals Increasing Uncertainty, Polarization Impeding Global Energy Transition Agenda
    on April 4, 2024 at 9:02 am

    London: The World Energy Council has published its annual 2024 World Energy Issues Monitor. The report titled “Redesigning Energy in 5D” assesses the global energy agenda based on the collective expertise and views of nearly 1,800 energy leaders in over 100 countries. Leaders were surveyed in early 2024, following the conclusion of the COP 28

  • Upstream Investment, Gas Development, Support for Independents Key to Africa’s Economic Growth – Woodmac
    on March 31, 2024 at 9:29 pm

    Wood Mackenzie, also known as WoodMac, a global provider of data and analytics for the energy sector, has said that accelerating upstream investment, developing gas resources, and support for independent operators are key to Africa’s economic growth. In a report published by Woodmac’s industry experts: Gavin Thompson, Vice Chairman, Energy – Europe, Middle East &

  • PETAN Elects New Executive Board, Ogunsanya Emerges as Chairman
    on March 29, 2024 at 12:06 pm

    …New Executives to Run for Two Years The Petroleum Technology Association of Nigeria, PETAN, has elected new executive members to run the affairs of the association for two years. The press statement by the Publicity Secretary, PETAN, Dr. Innocent Akuvue, revealed that rising from its Annual General Meeting held in Port-Harcourt on Thursday, and the

  • TotalEnergies celebrates 100th anniversary of Company’s creation
    on March 29, 2024 at 11:40 am

    TotalEnergies’ 100,000 employees in 120 countries worldwide are pleased and proud to celebrate the 100th anniversary of the Company’s creation. TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920s to thepresent day. A bold and visionary decision On March 28, 1924, Compagnie Française des Pétroles was founded in France, a

  • NIES 2024 State House Opening Ceremony
    on March 27, 2024 at 7:07 pm
  • PHOTO STORIES: NIES 2024 MINISTERIAL DINNER
    on March 27, 2024 at 1:04 pm
  • ACHEMA 2024 showcases solutions for a more sustainable and resilient process industry
    on March 27, 2024 at 8:00 am

    In June, Frankfurt will once again be the centre of the chemical, pharmaceutical and biotechnology industries: The 34th ACHEMA will be opened by the German Federal Minister for Economic Affairs Robert Habeck on June 10. The ACHEMA kick-off will focus on the question of how the process industry can successfully position itself in a changing

  • Rotterdam Puts Energy And Climate In Global Spotlight
    on March 27, 2024 at 4:30 am

    Rotterdam – With the World Energy Congress to be held in Rotterdam from 22-25 April, the city is committed to providing a global stage for important discussions around the energy transition. In the run-up to this Congress, Dr Angela Wilkinson, Secretary General and CEO of the World Energy Council, is visiting some of the city’s

  • European Liquid Gas Congress to hold inaugural European Awards Ceremony
    on March 25, 2024 at 11:01 am

    The European Liquid Gas Congress (ELGC) returns in 2024 with an exciting addition: the first-ever European Awards Ceremony, which has opened for submissions since February 2024. From 18-20 June 2024, top industry experts, policymakers, and leaders from across Europe and worldwide will gather at the European Liquid Gas Congress in Lyon, France, to explore the

  • QatarEnergy enters time charter agreements with Nakilat for the operation of 25 LNG vessels
    on March 24, 2024 at 4:58 pm

    DOHA, Qatar – QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 conventional-size LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG Fleet Expansion Program. The agreements were signed today by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for

  • "Mozambique Opening New Opportunities for Oil and Gas Exploration, Tenders, R&D” – Tivane, ENH’s Local Content Director
    on March 23, 2024 at 3:42 pm

    In an exclusive interview with The Energy Republic, Victor Tivane, the local content director of Empresa Nacional de Hidrocarbonetos (ENH) – Mozambique’s state-owned hydrocarbon company, disclosed that the country has entered a new era for oil and gas exploration, creating opportunities for investors and companies including tenders for project development, research and development (R&D). Following

  • Transparency, Research, Innovation, Driving NNPCL Transformation – Ogunleye
    on March 21, 2024 at 7:00 pm

    The Executive Vice President, Gas, Power and New Energy, Nigerian National Petroleum Company Ltd., Mr. Olalekan Ogunleye, has identified transparency, accountability, research, technology and innovation as key drivers of the ongoing transformation in the company. Ogunleye disclosed this while speaking during a Panel Session hosted by the NNPC Ltd. at the ongoing 2024 CERAWeek Conference

  • Zanzibar Launches its First Oil and Gas Licensing Round
    on March 21, 2024 at 5:21 pm

    20th March, 2024 – The Revolutionary Government of Zanzibar and Ministry of Blue Economy and Fisheries has successfully launched Zanzibar’s 1st Licensing Round, which invites bids for 8 blocks totalling 31,883 km². His Excellency, the President of Zanzibar and the Chairman of Revolutionary Council Dr. Hussein Ali Mwinyi, officially opened the Licensing Round with Honourable Shaaban

  • Submit Your Call for Abstracts for the 29th World Gas Conference (WGC2025) in Beijing, China
    on March 21, 2024 at 4:42 pm

    London/Beijing, 21 March 2024 – The 29th World Gas Conference (WGC2025) is thrilled to extend an invitation to industry experts, innovators, and thought-leaders to contribute their ground-breaking research, insights, and expertise to the WGC2025 Call for Abstracts. WGC2025, presented by the International Gas Union (IGU) and hosted by Beijing Gas, is the most prestigious event

  • Nigerian Government Raises Electricity Meter Price
    by Nogspeed on October 10, 2023 at 2:47 am

    The disturbing increment of the prices of single- phased and three- phase pre-paid electricity was announced on Wednesday by the federal government commencing on September 6, 2023 with immediate effect. Nigeria Electricity Regulatory Commission released an order pertaining this effect with the number, NERC/2023/020, and jointly signed by the Commissioner, legal, licensing and compliance, Dafe Akpeneye and the commission’s Chairman, The post Nigerian Government Raises Electricity Meter Price first appeared on NOGSpeed - Energy-Affair.

  • CF Industries reaches landmark agreement on enabling low carbon ammonia..
    by Nogspeed on October 10, 2023 at 2:44 am

    Exxonmobil is working judiciously with other companies to accelerate society’s path to net zero especially in the case of the carbon capture and storage agreement in Louisiana with CF industries, the world’s largest producer of ammonia. Ammonia is sometimes compared with household cleaning products, it actually has a higher calling and is the major ingredient in nitrogen fertilizer so is The post CF Industries reaches landmark agreement on enabling low carbon ammonia.. first appeared on NOGSpeed - Energy-Affair.

  • Eni Now the Latest Energy Giant to Sell Onshore Nigeria assets.
    by Nogspeed on October 10, 2023 at 2:41 am

    Eni agreed to sell to OANDO. LG, its Nigerian onshore subsidiary being the latest international energy giant to divest onshore assets in the West African Country. Nigerian unit Agip oil Company Ltd handled the deal and Eni also takes another step to execute its long term strategy to reduce oil exposure affecting natural gas positively following its disposal in June The post Eni Now the Latest Energy Giant to Sell Onshore Nigeria assets. first appeared on NOGSpeed - Energy-Affair.

  • First Capesize Non-Ice Class and Bulk Carrier Tanker Sail to China Via Northern Sea.
    by Nogspeed on October 10, 2023 at 2:39 am

    According to the Russian media reports; Gingo, the first capsize ship and bulk carrier sail the Northern Sea Route, Solely a non-ice strengthened tanker carrying out a transit  presently marking another first. Departure of Gingo from Port of Murmansk on the 13-day eastbound voyage to China conveying 164,600 metrics tons of iron ore concentrate, which shows the largest single cargo The post First Capesize Non-Ice Class and Bulk Carrier Tanker Sail to China Via Northern Sea. first appeared on NOGSpeed - Energy-Affair.

  • NGA Promotes Nigerian Decade of Gas at Gastech, Singapore
    by Nogspeed on October 10, 2023 at 2:36 am

    Nigerian Gas Association witnessed Gastech 2023 conference, a prestigious gas event in Singapore where Nigerian Decade of Gas agenda was champion to the stage by corporate members’ support, such as the Nigerian National Petroleum Company Limited and Nigeria LNG Limited. Gastech is recognized as the world largest gathering of energy professionals, thereby a platform for discussing the most disturbing challenges The post NGA Promotes Nigerian Decade of Gas at Gastech, Singapore first appeared on NOGSpeed - Energy-Affair.

  • NNPC Nigeria Denies Consent On Eni Unit Oil Asset Sale.
    by Nogspeed on October 10, 2023 at 2:33 am

    The Nigeria National Petroleum Company Limited, NNPC, has said that Eni’s subsidiary company did not obtain its consent before announcing the sale of its onshore oil assets to Oando PLC, which could be tantamount to a breached term of its joint operating agreement. The development raises suspicion following the speed of the transaction as announced and underscores the impediments which The post NNPC Nigeria Denies Consent On Eni Unit Oil Asset Sale. first appeared on NOGSpeed - Energy-Affair.

  • NIMASA Places over 11,000 Onboard Cabotage Vessels, Digitalizes Seafarers registration
    by Nogspeed on October 10, 2023 at 2:31 am

    The commencement of Nigerian Maritime Administration and Safety Agency (NIMAS) in electronic registration of sailors is to intensify the reliability of database for seafarers in Nigeria. The Head of Public Relations department of the agency, Mr. Osage Edward, Director General of the NIMASA, Dr. Bashir Jamoh, signed a statement that says that one of the cardinal principles of the Cabotage The post NIMASA Places over 11,000 Onboard Cabotage Vessels, Digitalizes Seafarers registration first appeared on NOGSpeed - Energy-Affair.

  • Reps Speaker Says Nigeria Lost 16.25trn in 11 years From Oil Theft
    by Nogspeed on October 10, 2023 at 2:26 am

    According to the Speaker of House of Representatives, Tajudeen Abbas, the country lost about $46 billion (16.25 trillion) to crude oil theft from 2009 to 2020. And also as the refusal of the Nigeria National Petroleum Company Limited, Nigeria Upstream Petroleum Regulatory Commission and Ministry of Petroleum Resources to honour the invitation by the committee of the House. During the The post Reps Speaker Says Nigeria Lost 16.25trn in 11 years From Oil Theft first appeared on NOGSpeed - Energy-Affair.

  • Oyetola’s Top Agenda- Safety, Security, Fishing, Marine Tourism
    by Nogspeed on October 10, 2023 at 2:17 am

    Tackling illegal, unreported and unregulated (IUU) fishing, harnessing marine tourism, safety and security are top of the agenda of his administration as Minister of the newly created Ministry of Marine and Blue economy, said the Honourable Minister of the Marine and Blue Economy, His Excellency Adegboyega Oyetola. He mentioned this during a working visit to NIMASA headquarters in Lagos, where The post Oyetola’s Top Agenda- Safety, Security, Fishing, Marine Tourism first appeared on NOGSpeed - Energy-Affair.

  • Nigeria: Renewable Electricity Generation to Increase Above 30% By 2030
    by Nogspeed on October 10, 2023 at 2:15 am

    Nigeria plans to increase the cumulative installation capacities of small hydropower, solar PV, biomass, and power by 2025. The country’s renewable energy policy handbook offers detailed information on major policies governing the renewable energy market in the country. The report deliberated on renewable energy targets and plans along with the present policy framework, offering a fair idea of total growth The post Nigeria: Renewable Electricity Generation to Increase Above 30% By 2030 first appeared on NOGSpeed - Energy-Affair.