Energy Mix
OPEC: Renewable energy can’t overtake oil in decades
The consumption of renewable energy cannot come anywhere close to overtaking oil and gas usage in the decades ahead, the Organisation of Petroleum Exporting Countries said on Wednesday.
PPPRA: Nigeria’s cooking gas consumption hits one million tonnes
The Petroleum Products Pricing Regulatory Agency (PPPRA) says Nigeria’s domestic consumption of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has exceeded one million Metric Tonnes (MT) in 2020.
AfDB mulls $10 billion boost for Africa’s renewable energy
Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years.
NNPC diversifying portfolio beyond oil assets – GMD
The Nigerian National Petroleum Corporation (NNPC) says it is currently diversifying its portfolio beyond oil assets due to the impact of global energy transition.
NNPC committed to bringing down cost of production, remaining competitive
The Nigerian National Petroleum Corporation (NNPC) has, for the umpteenth time, pledged its commitment to bringing down the unit cost of oil production in the country to $10 per barrel, so as to remain competitive in the Industry and deliver value to all Nigerians.
OPEC pledges support for access to modern energy sources
The Organisation of Petroleum Exporting Countries (OPEC) yesterday pledged its support for the 1.1 billion people globally without access to modern energy sources and the 2.8 billion individuals who still cannot afford modern cooking systems worldwide.
OPEC: Crude oil will remain relevant beyond 2045
Secretary General of the Organisation for Petroleum Exporting Countries, OPEC, Mohammad Barkindo, yesterday, disclosed that despite its current anaemic outlook, crude oil would continue to be relevant in the foreseeable future, up to 2045.
Issa Aremu: Insecurity’s threat to Africa’s industrialization
African governments must put sustainable security measures if the continent must attract investment, protect the existing investments, and create sustainable decent jobs, foremost labour leader, Issa Aremu, has said.
Senator Saraki: PIB’ll be ready before end of 8th National Assembly
Senate President, Bukola Saraki, has assured Nigerians that the Petroleum Industry Bill law will be ready before the end of the Eighth National Assembly.
Recent Stories
Oyo governor to declare Hijrah holiday from next year
Governor Seyi Makinde of Oyo State, on Wednesday, declared that starting from next year, the government would declare Hijrah holiday in line with the yearnings of the Muslim community in the state.
Zimbabwean vice president accused of soliciting sex at his office
Zimbabwe's 71-year-old Vice President Kembo Mohadi on Wednesday refuted accusations of sexual misconduct by an online news outlet, saying he is the victim of "political machinations".
Nigerian government announces additional economic zones for agric, textile
The federal government has approved the expansion of the existing Free Trade Zones (FTZs), as well as the activation of existing ones to respond to the demands of the African Continental Free Trade Area Agreement (AfCFTA) and the COVID-19 pandemic.
WAEC registration: Kwara government warns principals against extortion
The Kwara Government has warned principals in public schools not to extort students during the registration of the upcoming West Africa Examination Council (WAEC) examination.
Court affirms Ogun NUJ chairman
The National Industrial Court, sitting in Ibadan, on Wednesday, affirmed the election of Comrade Soji Amosu as the duly elected Chairman of Ogun State chapter of the Nigeria Union of Journalists (NUJ).
Most Popular
NDPHC to export 70MW of electricity to Togo
The management of the Niger Delta Power Holding Company, NDPHC, has disclosed that the company has entered a bilateral agreement with the Republic of Togo to supply the country with 70 Megawatt, MW, of electricity under the Power Purchase Agreement, PPA.
Senator Tinubu calls for peace among Nigerians
The National Leader of the All Progressives Congress (APC), Bola Tinubu, has called for peace among all ethnic, tribal and religious groups in Nigeria.
U.S. says weighing options to hold accountable Ugandan security forces over abuses
Incumbent Yoweri Museveni, a former guerrilla leader who has led the East African country since 1986, was declared winner of the Jan. 14 election with 59% of the vote, while opposition leader Bobi Wine was given 35%. A crackdown by security forces on Wine’s supporters over the past few months has left dozens dead and hundreds detained.
Nigerian troops repel ISWAP attack on Borno community
Dikwa is about 86km Northeast of Maiduguri, the state capital. Security sources informed newsmen that a large group of gunmen believed to be members of ISWAP, a breakaway faction of Boko Haram, invaded the community, armed with gun trucks.
MFM appoint new interim head coach
The management of Mountain of Fire and Miracles Ministries Football (MFM) Club has confirmed the appointment of Olalekan Gabriel as the interim head coach of the modest Nigeria Professional Football League (NPFL) team.