Energy Archives — Page 18 of 54

May 27, 2021 No Responses

Court Orders Shell To Cut Emissions By 45%

A Dutch court on Wednesday ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels in a landmark case brought by climate activism groups, which hailed the decision as a victory for the planet.The...

May 25, 2021 No Responses

LNG Firm Completes First Reloading Operation

Croatia’s first Liquefied Natural Gas (LNG) import terminal, located on the island of Krk has completed its first small-scale reloading operation. The project noted that the liquefied natural gas was reloaded from the FSRU LNG Croatia to Avenir LNG’s...

May 21, 2021 No Responses

NLNG Signs GMoU To Drive Sustainable Community Development In Rivers State

By citybusinessnews@yahoo.com — Nigeria LNG Limited (NLNG) has signed Global Memoranda of Understanding (GMoU) with host communities that enable the communities to take ownership and drive sustainable community development with the active supp...

May 12, 2021 No Responses

Lagos To Deploy 20,000 Prepaid Meters In Five Communities

The Lagos State Government on Tuesday said it would install 20,000 prepaid energy meters to five low-income communities in the state.The Commissioner for Energy and Mineral Resources, Mr Olalere Odusote made this known in Ikeja during the year 2021 Ministerial...

May 11, 2021 No Responses

SPDC’s Pipeline Spills 276 Barrels Of Crude In April

The 14-inch crude trunk line operated by Shell Petroleum Development Company (SPDC) in the Niger Delta region spilled 276 barrels of crude oil in three incidents in April. The News Agency of Nigeria (NAN) learnt on Monday that the 276...

May 8, 2021 No Responses

FG Boosts Women Participation In Energy Sector With $20m

The Federal Government has allocated $20 million to support active participation of women in Oil and Gas Sector. Minister of State Petroleum Resources, Chief Timipire Sylva made the submission, in Abuja while playing host to executive members of Wom...

April 25, 2021 No Responses

IBEDC Generates N7b Monthly

Ibadan Electricity Distribution Company (IBEDC) generates over N7 billion revenue monthly from its coverage areas. The Chief Technical Officer of IBEDC, Mr Akin Abiodun, disclosed this on Saturday during the inauguration of a new 2.5MVA, 33KV/...

April 24, 2021 No Responses

Buhari Restores Ownership Of OML 123, Others To NNPC

President Muhammadu Buhari has approved the restoration of the leases on OMLs 123, 124, 126 and 137 to the Nigeria National Petroleum Corporation (NNPC) which is in production sharing contract with Addax Petroleum. Addax Petroleum is wholly owned by Gove...

April 23, 2021 No Responses

LNG Adventure Joins Total’s Fleet

French energy major, Total has expanded its fleet with the addition of NYK Line’s liquefied natural gas carrier LNG Adventure. The vessel capable of 174,000 cubic meters of the chilled fuel has been built by the South Korean shipyard Samsung Heavy...

April 22, 2021 No Responses

Oil Prices Drop As Covid-19 Surge Dents Demand Outlook

Oil prices fell for a second day on Wednesday, weighed down by concerns that surging COVID-19 cases in India will drive down fuel demand in the world’s third-biggest oil importer.Brent crude futures for June declined 95 cents, or 1.4%, to $65.62...

April 21, 2021 No Responses

Chevron Contributes N26b To Support Projects In Delta Ijaw Communities

Chevron Nigeria Limited (CNL), on Tuesday, disclosed that it had contributed over N26 billion under NNPC/Chevron Joint Venture to the Egbema-Gbaramatu Communities Development Foundation (EGCDF) of Delta since 2005. Chevron’s General Manager Policy...

April 17, 2021 No Responses

Shell’s LNG Carrier Attains 6.6% Net Savings

A Shell-chartered 170,000 cbm LNG carrier, named Methane Patricia Camila, has achieved 6.6% net savings generated by the Silverstream’s air lubrication system, Silverstream and Shell’s engineers found during operational testing. The system was retrofitted ...

April 16, 2021 No Responses

Kia, Total Renew Partnership For Five Years

Kia Corporation and Total Lubrifiants on Thursday renewed their global partnership for the next five years. Under the arrangement, Total Lubrifiants continues to be the recommended partner of Kia Corporation for the sales ...

April 16, 2021 No Responses

Shell plays down risk of stranded oil and gas reserves

Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to reduce its greenhouse gas emissions in the coming decades.The disclosure is...