SABIC, the Middle East’s biggest petrochemical producer, announced the final investment decision for its $6.4 billion petrochemicals complex in Fujian, China. The FID will allow SABIC to move ahead with its 49 percent stake partner Fujian Fuhua Gulei Petrochemical to build the project with a mixed feed steam cracker with a production capacity of up […]Read More
IDCOL and the Ethiopian Ministry of Water & Energy joined forces on December 22, 2023, in Addis Ababa, sealing a significant deal for Advisory Services to drive the implementation of the Solar Home System program. Sultan Welle Ahmed, the state minister for Energy Development in Ethiopia, and Shibli Mohammad Faiz, VP & unit head of […]Read More
In the final quarter of 2023, European power producers achieved a significant milestone by generating more electricity from wind sources than from coal for the first time. According to data from the think tank Ember, Europe’s utilities produced a record-breaking 193 terawatt hours (TWh) from wind sites, surpassing the 184 TWh generated from coal-fired power […]Read More
The Nigerian Agip Oil Company (NAOC) on behalf of NAOC Joint Venture has donated medical equipment to tertiary health institutions and hospitals in its four states of operations in Niger Delta, Nigeria. The commissioning and handover ceremonies were held recently during which the equipment were given to the medical facilities located in Rivers, Bayelsa, Delta […]Read More
Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Krutoy, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation, have met today to discuss cooperation in the gas industry. The two sides noted that Gazprom is a reliable supplier of Russian gas to Belarusian consumers. Gazprom Transgaz Belarus, a wholly-owned […]Read More
Nigeria’s Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo has announced that the Nigeria-Morocco Gas Pipeline project is expected to begin construction in 2024. The ambitious project, which aims to connect Nigeria’s vast gas reserves to the European market, is a significant step towards boosting Africa’s energy security and economic development. Ekpo made the […]Read More
The Nigerian National Petroleum Company (NNPC) Limited has announced that the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project will be inaugurated in December 2024. The pipeline, which is being constructed by Oilserve Limited, is expected to play a major role in boosting Nigeria’s energy supply and reducing its reliance on fossil fuels. Oritsemiyiwa Eyesan, Executive […]Read More
The Federal Government has implied that it intends to terminate the majority of licenses awarded to marginal oil field operators in 2023 that have remained inactive. This comes more than 30 months after the government finished the acquisition of these marginal fields and notified the winners. According to Bloomberg, this was revealed by Heineken Lokpobiri, […]Read More
Global Wind Organisation (GWO) and the Japanese Wind Power Association (JWPA) have agreed terms in a Memorandum of Understanding to describe recommended training for wind technicians in Japan. The MOU, signed at the Global Offshore Wind Summit in Kitakyushu, emphasises GWO’s role in developing entry-level skills. This collaboration aims to reshape workforce development, addressing Japan’s […]Read More
For the first time in nearly a decade, the Nigerian National Petroleum Company (NNPC) Limited has discontinued the crude oil swap agreement for petrol and began purchasing fuel through cash tenders. This adjustment, which is in line with President Bola Tinubu’s reform proposals introduced in May, aims to eliminate costly fuel subsidies and strengthen the […]Read More
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