Oil and gas industry operators say Nigeria should not be stampeded into adopting Western countries’ energy transition plans that could hurt its development, but to transit to clean energy at its own pace, using its most available resource- gas. On account of economic shutdowns to halt the pelting march of a pathogen, the world recorded…
In recognition of the need to support strategies that will promote and enable equal participation of women in the energy value chain, the Women in Energy Network (WIEN) is partnering with the Renewable Energy Association of Nigeria (REAN) to host the International Women in Energy Symposium. President of WIEN, Funmi Ogbue, who stated this during […] Read Full Story
As a major boost to Nigeria's economy, a fresh indication has emerged that China Exim Bank, African Development Bank (AfDB), international commercial banks amongst other international donors are expected to fund 70 percent of the nation's Methanol Plant project total cost.
The post Bayelsa Methanol Plant: Chinese Bank, AfDB, others to raise 70% of project cost appeared first on Vanguard News.
While oil sector operators are happy with the possibility of passing the 20-year old Petroleum Industry Bill, they fear it introduced complexity in administering the sector, is focused on rents at the expense of investments, and did not clarify what happens to previous contracts and base businesses. The proposed law also does not provide a […] Read Full Story