The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has announced a three-point smart strategy aimed at ending gas flaring in the nation’s Oil and Gas Industry. Dr. Baru made the announcement while delivering the lead paper on a panel session at the ongoing 50th Offshore Technology Conference (OTC), in…
By Energy Worth A non governmental organization (NGO) that propagate actions against energy poverty and climate change, Renewable Energy and Environmental Sustainability (REES) Africa, has announced that it will stage a walk against climate change on Saturday, May 5, 2018 by 7:30 am. The takeoff point is the Secretariat Bus Stop, Alausa, Ikeja Lagos State….
By Energy Worth The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has disclosed that the country is expecting over $25bn worth of investments in the gas sector. He announced this on Wednesday in different panel sessions at the ongoing 50th Offshore Technology Conference in Houston, United States, according to…
By Energy Worth The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has ordered the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru; the Director, Department of Petroleum Resources (DPR), Modecai Ladan; and Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Saidu Abdulkadir, to provide the information being sought by a human…
Leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) seized the occasion of the 2018 May Day celebration to assess the administration of President Muhammadu Buhari, scoring him low on key economic indices, particularly on job creation, industrialisation, power supply among others. In buttressing their point about the dismal performance of…
By Energy Worth In its efforts towards increasing power supply in Aba, the Abia State government, is set to partner Geometric, Ruyi Holding Group to provide an enabling environment that would support commerce to thrive. Consequently, the state government has opened talks with two firms, Geometric Power Limited, the promoters of the independent power plant in…
The Group Managing Director of the Nigeria’s National Petroleum Corporation (NNPC), Dr. Maikanti Baru said Nigeria’s participation at the annual Offshore Technology Conference (OTC) in Houston, Texas, United States of America, had grown from mere jamboree-like activity in the 1990’s to a fully-fledged engagement where indigenous oil services companies parade their competencies and proven job…
Energy Worth with Agency Report The African Development Bank, (AfDB), on Wednesday, says that no fewer than 650 million Africans currently live without electricity. AfDB Director, Communication and Media Relations, Dr Victor Oladokun, disclosed this while welcoming African Journalists on a Media Tour to Saemaul Undong Model village project, in Yamoussoukro, Cote d’Ivoire. “About 650…
By Energy Worth Residents of Idiaregbe Street in Okumagba Layout, Warri Delta State, on Wednesday protested over four months power outage in their area. The residents, particularly youths who came out their hundreds danced through the adjoining streets to Idiaregbe, chanting solidarity songs. The angry protesters carried placards with various inscriptions. Speaking on behalf of…
The Big Oil playbook has been straightforward for decades: Higher prices mean offshore projects that are further, deeper, more complex than ever before. It’s different this time, according to Royal Dutch Shell Plc. Deepwater projects need to break even at $40/bbl, or preferably lower, said Harry Brekelmans, Shell’s project and technology director, in an interview…
