The Nigerian National Petroleum Corporation (NNPC), has signed a Memorandum of Understanding (MoU) in China with the China National Offshore Oil Corporation (CNOOC) towards developing Nigeria’s oilfield services as well as boosting research and development in the oil and gas industry. The MoU signing, the third in the series within the week, by the NNPC…
It has been recorded that solar installations in India in Q2 2018 were at the lowest level since Q1 2017 with 1,599MW, a 52% decrease compared to 3,344MW installed in Q1 2018. This is according to Mercom India Research’s newly released Q2 2018 India Solar Market Update. The report noted that installations were also down…
By Energy Worth Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, on Thursday, announced immediate stoppage of fuel distribution and supply in Delta State, following alleged forceful evacuation of about 3,000 workers from the rigs by five drilling oil rigs being operated by Sterling Energy Exploration Company, SEEPCO, and its drilling arm, British Oil…
By Tsvetana Paraskova As OPEC has been easing the production cuts, the cartel’s crude oil production hit a 10-month high in August, as Iraq including Kurdistan pumped at record levels and Libya recovered from weeks of port blockades, according to the monthly S&P Global Platts survey. Total OPEC-15 oil production came in at 32.89 million…
By Oke Peter It was a gathering of renewable energy stakeholders, energy firms, Small and Medium Enterprises (SMEs) and entrepreneurs at the ‘Blockchain Networking Event’ organised by the First City Monument Bank (FCMB) in Lagos, on Wednesday, as experts discussed how ‘Blockchain Technology’ could enhance energy access in Nigeria. The aim of the programme, organised…
