Energy

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Just In! [Video] Massive Spill In Bayelsa: Crude From Agip Facility Floods Communities

ERA/FoEN Reacts As Residents Lament Spill Several communities in Bayelsa state have been flooded with crude oil following a massive oil spill alleged to have been recorded on a facility operated by the Nigerian Agip Oil Company (NAOC). The incident occurred early Sunday, 29th November, 2020, in Ogboinbiri and Keme-ebiama communities located in Southern Ijaw…

Breaking! Millions In Darkness As Nigeria’s Epileptic Grid Collapses Again

Millions of Nigerians have expressed hope for a quick restoration of the electricity grid as households and businesses are currently in darkness in parts of the country. This development is due to another grid collapse recorded in the country on Sunday afternoon. The system collapse which has been confirmed by the affected Discos has been…

FG Announces Date For Commencement Of Autogas Scheme In Nigeria

President Muhammadu Buhari will on Dec. 1 roll out the autogas scheme in Abuja as the Federal Government moves to create alternative fuel for automobiles and other prime movers in Nigeria. Dr Mohammed Ibrahim, Chairman, National Gas Expansion Programme (NGEP), made the announcement at a meeting with media stakeholders on Saturday in Lagos. Ibrahim said the…

UK Energy Giants Back Carbon Trading Over Carbon Tax

Leading energy companies have urged the UK to embrace carbon trading after the Brexit transition period concludes and not adopt a carbon tax instead. In a letter to Boris Johnson, the group, which includes firms such as RWE and Uniper, said that tradable carbon credits remain the best way of cutting emissions. At the moment,…

Oil Price Crisis: Tension as Nigeria, Saudi Arabia, Other OPEC Officials meet tomorrow, set target for 2021

Officials of member nations of the Organization of Oil producing  Countries(OPEC )are scheduled to  meet  tomorrow, Wednesday to determine the fate of OPEC oil producers for next year, beginning from January 1, 2021. The meeting billed to run through Wednesday, Thursday, and Friday  is expected  address key  crucial subject matters confronting the organization and its…

Fresh Explosion Hits Bayelsa, Renders Three Teenagers Dead!

Three teenagers  were reportedly  feared dead at the weekend following a fire explosion that broke on account of  illegal crude oil refining camp located in Ibelebiri and Otuegue 2 communities of Ogbia Local Council Area of Bayelsa State. The deceased teenagers true identities could not be immediately ascertained.  However, community persons who were familiar with…

Emefiele Outlaws One-on-One Forex Transfer, Defines Windows For Investors, Others

In a dramatic move that would have telling effects on forex transactions, the Central Bank of Nigeria (CBN) has outlawed transfer of foreign exchange (forex) from one customer to another or what is conventionally known as customer-to-customer transfer. Also, the CBN similarly prohibited  forex cash lodgements into domiciliary accounts  by a second party as it…

OML 29: AITEO Company Is Dead, Buried And Can’t Be Revived, Says Opu-Nembe Community

Declares AITEO Persona Non Grata, Blames Crisis On Diezani, Ibe Kachikwu, Others From Ameachi Prosper (The New Diplomat's Delta State Correspondent) Aiteo Eastern Exploration & Production Ltd, operators of Oil Mining License, OML 29 has been issued a quit notice to vacate the host community of Opu Nembe in Nembe-Bassambiri, Nembe Local Government Area of Bayelsa…

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Just In! [Video] Massive Spill In Bayelsa: Crude From Agip Facility Floods Communities

ERA/FoEN Reacts As Residents Lament Spill Several communities in Bayelsa state have been flooded with crude oil following a massive oil spill alleged to have been recorded on a facility operated by the Nigerian Agip Oil Company (NAOC). The incident occurred early Sunday, 29th November, 2020, in Ogboinbiri and Keme-ebiama communities located in Southern Ijaw…

Breaking! Millions In Darkness As Nigeria’s Epileptic Grid Collapses Again

Millions of Nigerians have expressed hope for a quick restoration of the electricity grid as households and businesses are currently in darkness in parts of the country. This development is due to another grid collapse recorded in the country on Sunday afternoon. The system collapse which has been confirmed by the affected Discos has been…

FG Announces Date For Commencement Of Autogas Scheme In Nigeria

President Muhammadu Buhari will on Dec. 1 roll out the autogas scheme in Abuja as the Federal Government moves to create alternative fuel for automobiles and other prime movers in Nigeria. Dr Mohammed Ibrahim, Chairman, National Gas Expansion Programme (NGEP), made the announcement at a meeting with media stakeholders on Saturday in Lagos. Ibrahim said the…

UK Energy Giants Back Carbon Trading Over Carbon Tax

Leading energy companies have urged the UK to embrace carbon trading after the Brexit transition period concludes and not adopt a carbon tax instead. In a letter to Boris Johnson, the group, which includes firms such as RWE and Uniper, said that tradable carbon credits remain the best way of cutting emissions. At the moment,…

Oil Price Crisis: Tension as Nigeria, Saudi Arabia, Other OPEC Officials meet tomorrow, set target for 2021

Officials of member nations of the Organization of Oil producing  Countries(OPEC )are scheduled to  meet  tomorrow, Wednesday to determine the fate of OPEC oil producers for next year, beginning from January 1, 2021. The meeting billed to run through Wednesday, Thursday, and Friday  is expected  address key  crucial subject matters confronting the organization and its…

Fresh Explosion Hits Bayelsa, Renders Three Teenagers Dead!

Three teenagers  were reportedly  feared dead at the weekend following a fire explosion that broke on account of  illegal crude oil refining camp located in Ibelebiri and Otuegue 2 communities of Ogbia Local Council Area of Bayelsa State. The deceased teenagers true identities could not be immediately ascertained.  However, community persons who were familiar with…

Emefiele Outlaws One-on-One Forex Transfer, Defines Windows For Investors, Others

In a dramatic move that would have telling effects on forex transactions, the Central Bank of Nigeria (CBN) has outlawed transfer of foreign exchange (forex) from one customer to another or what is conventionally known as customer-to-customer transfer. Also, the CBN similarly prohibited  forex cash lodgements into domiciliary accounts  by a second party as it…

OML 29: AITEO Company Is Dead, Buried And Can’t Be Revived, Says Opu-Nembe Community

Declares AITEO Persona Non Grata, Blames Crisis On Diezani, Ibe Kachikwu, Others From Ameachi Prosper (The New Diplomat's Delta State Correspondent) Aiteo Eastern Exploration & Production Ltd, operators of Oil Mining License, OML 29 has been issued a quit notice to vacate the host community of Opu Nembe in Nembe-Bassambiri, Nembe Local Government Area of Bayelsa…

Unlocking Opportunities in the Gulf of Guinea during UNGA80
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