No Increase in Fuel Price in February – NNPC In spite of the rise in the price of crude oil in the international market, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February 2021. This was disclosed in a press release by […]
No Increase in Fuel Price in February – NNPC Read More »
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) is providing a $965,000 grant to Morocco’s Société d’Ingénierie Energétique (SIE), to support its transition into the first Super Energy Service Company (ESCO) initiative in Africa. “This support from the African Development Bank will enable the operationalization of the new SIE as a Super ESCO,
By Grace Goodrich Mozambique defied global investment flows by reporting a rise in deal activity in 2020. Now, the country seeks to engage local service providers to supply goods and services to gas megaprojects to drive in-country value generation and retention. While overall transactions dropped by eight percent in sub-Saharan Africa in 2020, in Mozambique,
OPINION: Driving Deal-Making in Mozambique Post-COVID-19 Read More »
Energy Conglomerate, Sahara Group has released its 2019 Sustainability Report which reflects its commitment to achieving its corporate goals and creating shared value for stakeholders through economic development, protection of the environment and building a sustainable society. Tagged ‘Transformative Innovation’, the report highlights how Sahara continues to leverage innovation and technology in achieving its corporate
Sahara Group leverages transformative innovative innovation for sustainable performance Read More »
Axxela Limited, a company with dual-listing of debt securities on the Nigerian Stock Exchange (NSE) and the FMDQ markets has attracted favourable national scale issuer ratings of BBB+(NG) and A2(NG) in the long term and short term by Global Credit Ratings, GCR. The GCR report obtained by The Daily, https://thedaily-ng.com, stated: “Axxela’s ratings reflect its
Axxela attracts higher ratings for new initiatives, diversification Read More »
By Eyo Nsima The Lagos State Government has partnered with MASTERMINDER Oil & Gas Limited, an accredited Lagos State Safety Commission’s Safety Consultant, targeted at finding lasting solution to frequent truck accidents in Lagos and its environs. In a statement obtained by The Daily, www.thedaily-ng.com, Managing Director, MASTERMINDER Oil & Gas Limited, Mr. Ademola Ademoroti,
By Alison Godswill Despite its leading role globally, the Australian LNG exports were $36.2 billion, down 25.5% from the 2019 record of $48.6 billion in 2020. In its latest report, obtained by The Daily, www.thedaily-ng.com, EnergyQuest, stated: “According to the Australian Bureau of Statistics (ABS) the total value of 2020 Australian LNG exports was $36.2
How Australian 2020 LNG export revenue down 25% to $36.2bn Read More »
By Eyo Nsima China and Japan have been identified as two top destinations for Australian Liquefied Natural Gas, LNG. According to the EnergyQuest Report, obtained by The Daily, www.thedaily-ng.com, it stated: “Australia had by far the largest market share in China in 2020 with 29.1 Mt (43.3%) of the total LNG imports. Qatar was the
LNG: China, Japan equal remain top Australian destinations Read More »
Notwithstanding COVID-19, LNG imports by North Asian countries (including Taiwan) increased by 2.5% to a total of 200.3 Mt LNG in 2020, 4.8 Mt higher than in 2019 when 195.5 Mt was imported, according to the latest EnergyQuest report obtained by The Daily, www.thedaily-ng.com. The report, stated: “Import prices took a hit with the falling
Northern Asian LNG imports top 200 Mt — Report Read More »
By Eyo Nsima There were fears of a possible new price of petrol emerging soon as the landing cost of the product rose from N151 to N180 per litre because high crude oil prices. The consistent rise of crude oil prices from about $58 to more than $63 per barrel has compelled operators to incur
BREAKING: New petrol price underway as landing cost hits N180 per litre Read More »
