While the need to transition to a cleaner energy future is a global priority, Africa’s energy poverty challenges require strong and immediate solutions, of which investment in infrastructure to strengthen energy supply and access is predominant. In line with this, Rene Awambeng, Global Head and Director, Client Relations at pan-African multilateral financial institution the African […]
By Our Correspondent A Bulk carrier LOYALTY HONG has berthed at Lyttelton, New Zealand, after suffering an engine room flooding during her stay, according to FleetMon. It stated: “A Bulk carrier LOYALTY HONG, berthed at Lyttelton, New Zealand, suffered engine room flooding during her stay, she arrived at Lyttelton on Mar 5, understood to load
MARITIME ACCIDENT: Bulk carrier disabled by water ingress at Lyttelton, NZ Read More »
By Eyo Nsima There was panic as the price of Brent, the global oil benchmark, dropped by over five percent to $72.39 per barrel, the first time since December 2021. The price collapse which also affected other crudes started after the U.S. Energy Information Administration reported an inventory build of 1.6 million barrels for the
OIL MARKET: Panic as Brent price drops to $72.39 per barrel Read More »
SafeWater, a strategic business unit within Grundfos (www.Grundfos.com), has announced that it is partnering with World Vision’s Zambia WASH (Water, Sanitation and Hygiene) programme to provide cost-effective SQFlex solar water pumps as an easy-to-use and sustainable alternative to traditional hand pumps in rural Zambia. World Vision’s Zambia WASH programme has already retrofitted 80 new solar
By Eyo Nsima Shell Petroleum Development Company, SPDC, has resumed oil export at the Bonny Oil and Gas Terminal in Rivers state. The terminal was shut down due to increased pipeline vandalism, oil theft, and illegal refining in the area. However, in a statement obtained by The Daily, https://thedaily-ng.com, the company disclosed that, “The Shell
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By Adeleke Adewolu The World Consumer Rights Day (WCRD) is undoubtedly one of the most important dates in the NCC’s annual calendar of events. It is a day we set aside to celebrate our most important stakeholder group, that is, our Consumers. This year, we are pivoting our celebrations around a theme which allows us
By Professor Umar Garba Danbatta Exactly one year ago at the Nigerian Communications Commission’s Head Office in Maitama, I unveiled the Commission’s year-round plan for implementing initiatives for realizing the theme of 2022 World Consumer Right Day, which was “Fair Digital Finance”. In the period between March 15, 2022, and today, NCC carried out its
By Funmi Ogbue It is my pleasure to speak with you today on behalf of the Women in Energy Network (WIEN) as we prepare for our 2023 International Women’s Day Breakfast Session. This year’s event is themed, “Programmes & Initiatives for Equitable Access for Women in the Nigerian Energy Industry,” and we are excited to
By Our Correspondent A Bulk carrier FUPING suffered engine failure in South China Sea north of Riau islands on February 25, 2023, while ballasting from Singapore to Ningbo China, according to FleetMon. It stated: “The ship was adrift until Mar 5, when she was taken on tow by SAR ship NAN HAI JIU 115 (IMO
MARITIME ACCIDENT: Chinese Panamax bulker towed to safety after week-long drift Read More »
By Eyo Nsima The rig count of Unites States slipped month-on-month, MoM, by 1.8 per cent to 758 in February 2023, from 772 recorded in the preceding month of January 2023. This was disclosed by the Organisation of Petroleum Exporting Countries, OPEC, in its March 2023 Monthly Oil Market Report, MOMR, obtained by The Daily,
JUST IN: United States rig count drops 1.8% to 758 Read More »
