NNPC plans $10 crude production cost

The Nigerian National Petroleum Corporation (NNPC) has commenced plans to crash oil production cost to $10 per barrel. Group Managing Director of the Corporation, Mallam Mele Kyari stated this on Thursday during a virtual engagement with some editors. Kyari explained…

COVID-19 Intensifies the Urgency to Expand Sustainable Energy Solutions Worldwide

To meet the Sustainable Development Goals (SDGs) targets by 2030, countries must safeguard the gains already attained and accelerate efforts to achieve affordable, reliable, sustainable and modern energy for all. WASHINGTON, May 28, 2020 — Despite accelerated progress over the past decade, the world will…

Downstream Deregulation, Win-Win For All Stakeholders – Operators

Key operators in the Nigerian downstream operation have said that the Federal Government’s decision to deregulate the downstream sector of the nation’s oil and gas industry was a welcome development, however, long overdue. Speaking during the Nigeria Petroleum Downstream Consultative…

Nigeria’s President approves payment to Siemens AG to boost Power Infrastructure

President Muhammadu Buhari has directed the Federal Ministry of Finance, Budget and Planning to release to Germany-based Siemens AG the country’s share of funding in the electricity deal agreed in July 2019, setting up the nation’s power distribution infrastructure for…

Algeria launches programme to develop 4GW of solar capacity by 2024

North African country has an ambitious target of installing 22GW of renewable energy by 2030. Currently, more than 96 per cent of Algeria’s power is generated from thermal power plants. The Algerian government has unveiled plans to develop 4GW of…

AKPOYIBO GREEN FOUNDATION DONATES SOLAR HOME SYSTEMS TO KWARA STATE

Akpoyibo Green Foundation, an arm of Asteven Energy Group, penultimate week donated various solar devices and systems to the kwara state government as support towards fighting the impacts of covid-19 on school children and health care facilities. The items were…

This sportswear peels away when you’re hot and sweaty

The latest Pebble looks a touch different from previous models of the smartwatch. Instead of a square screen with rounded edges, it bears a circular watch face. Prior to last weekend’s race at New Hampshire Motor Speedway, JGR announced Josh…

Israel could send the first privately-funded mission to the Moon on a Falcon 9 rocket

Israel nonprofit competing in the Google Lunar X Prize competition — will use SpaceX’s Falcon 9 rocket to launch its lunar lander into space, the group announced today in Jerusalem. The rocket will launch the team’s vehicle into lower Earth…

Scientists can draw very different meanings from the same data, study shows

Giving the same information to multiple scientific teams can lead to very different conclusions, a report published today in Nature shows. And that’s exactly why two researchers think scientists should share their data with others — well before they publish.…

‘Amateur astronauts’ will send a person into space in 2017

Copenhagen Suborbitals currently consists of 50 people — engineers, mathematicians and a kindergarten teacher — who are trying to send a person to space using only off-the-shelf components — the kind you would find in your local hardware store. “All…

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