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Standard Bank urges Brazilian firms to key into Africa’s LNG opportunities

Standard Bank urges Brazilian firms to key into Africa’s LNG opportunities

South Africa’s Standard Bank Group Ltd encouraged Brazilian engineering and construction firms recently to explore African opportunities, such as the world’s largest liquid natural gas projects in Mozambique. While incoming President-elect Jair Bolsonaro says he will focus on relations with advanced economies, Standard Bank is betting on Brazilian companies needing to diversify abroad to recover… READ MORE

DPR: Federal government’s aspiration on LPG consumption is achievable

DPR: Federal government’s aspiration on LPG consumption is achievable

The Department of Petroleum Resources has called for improved awareness on the use of Liquefied Petroleum Gas to boost its consumption in line with Federal Government’s aspirations. Asuquo Antai, the Operations Controller, DPR, Warri Zonal Office, made the call on Friday at the 2018 DPR/LPG Marketers Stakeholders Forum in Warri, Delta, with the theme: “Stakeholders… READ MORE

‘In economic arguments on pollution, it is important to consider the health cost which too is huge’

‘In economic arguments on pollution, it is important to consider the health cost which too is huge’

Research and findings show that India is choking under heavy air pollution. The Global Carbon budget ranks the country the fourth highest emitter of carbon dioxide, the Indian Council of Medical Research (ICMR) attributes one in eight deaths in India to air pollution and the World Health Organization (WHO) blames pollution for killing the highest number… READ MORE

Nigeria’s domestic gas consumption to reach 500,000 metric tonnes – Ministry

Nigeria’s domestic gas consumption to reach 500,000 metric tonnes – Ministry

Domestic gas consumption in Nigeria has witnessed a recent increase from 390,000 to 490,000 metric tons with a potential of hitting 500,000 milestone in the near future. This was disclosed by Dr Folashade Yemi-Esan, the Permanent Secretary, Ministry of Petroleum Resources in Calabar on Tuesday while delivering a speech at the Technical Meeting of Officers… READ MORE

Shell discovers over 1trn cubic feet of gas in Eastern Nigeria

Shell discovers over 1trn cubic feet of gas in Eastern Nigeria

Shell’s geoscientists have put a figure on the company’s recent gas and condensate discoveries, made in the course of a drilling campaign onshore Eastern Nigeria. The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate, in shallow and deep reservoirs. The revelation came in the course of several technical sessions at… READ MORE