By Sebastine Obasi GLOBAL demand for natural gas is expected to increase 2 percent yearly between 2015 and 2030, with liquefied natural gas, LNG, demand expected to rise at 4 – 5 percent, according to Royal Dutch Shell Plc’s first LNG Outlook. The report, which draws on a broad range of independent industry data and internal […]

OIL prices rose on Monday as investors showed record confidence in prices rising further, though gains were capped by the prospect of faster growth in U.S. oil production.

NESTOIL Limited, the flagship company of the Obijackson Group, has stated that it is participating in this year’s Nigerian Oil and Gas (NOG) Conference holding in Abuja from 27th February to 2nd March 2017 and hosted by the CWC Group.

INTEGRATED Data Services Limited, IDSL, has explained that it was not responsible for the pipeline explosion which occurred at a Nigeria Liquefied Natural Gas Limited, NLNG, pipeline in Emohua Local Government Area, Rivers State.

THE Electricity Meter Manufacturing Association of Nigeria, EMMAN, has warned that it would no longer condone acts capable of undermining its position in the industry. Muhideen Ibrahim, its secretary, said the allegation levelled against the company by some distribution companies, DISCOs, that it produces inferior meters compared to the ones imported from China and other countries, was not true.

THE House of Representatives is looking at the fundamentals in the pricing of petrol with a view to ensuring that stakeholders get appropriate value for their money, even as it lauded NIPCO for making products available at regulated rates across the country.

CHEVRON Nigeria, Energia and Lekoil have expressed support for Nigerian Gas Association as it prepares to stage the largest gathering of gas players and stakeholders in West Africa later this month in Abuja. Addressing the executive council members of the association during a courtesy visit to their various offices, the companies expressed delight in identifying with NGA as the voice of industry in the country and the value propositions the association project.

Environmental activists are applauding the Volta River Authority’s decision to build a wind power plant to help Ghana’s power generation.

The statement called on the PURC face reality and provide a timetable for the current power challenges the country is facing.

The march on Monday formed part of activities to mark World Environment Day which was on Sunday June 5, 2016.

The World Bank Group, in partnership with Ashesi University, the governments of the Denmark and the Netherlands, and Ghana’s Ministry of Environment, Science, Technology and Innovation (MESTI), inaugurated today the Ghana Climate Innovation Centre (GCIC), a technology hub designed to help over 100 local clean technology businesses develop and commercialize innovative solutions to climate change.

Each day starts with a toolbox tour where the  previous day’s work is inspected and decisions are made about the day ahead.  “Every day is different,” says Roland Ester, Centerline Manager Kusile Power Plant, GE Power.  “Not one day is the same as we regularly find ourselves facing challenges and  issues that we need to solve.”

For some Nigerians who are worried about the perceived non committal implementation of the local content policy, fellow citizens have been sabotaging the efforts of the government, said Mr. Emmanuel Ekon, Chairman, House Committee on Local Content.

NIGERIAN National Petroleum Corporation, NNPC, said it recorded 3,153 punctured points on its oil pipelines in the 12 months to end March, adding that continued crude and oil products losses were draining it financially

THE rampaging global low oil prices may have cost Nigeria, West African countries, the Gulf of Mexico and Brazil about $200 billion in capital expenditure due to deferred investments in the deepwater projects, Julie Wilson, Analyst with Wood Mackenzie, a global energy research and consulting Group, said.