Tuesday, September 27, 2022
Tags Opec

Tag: opec

BARKINDO: NAEE HOLDS POSTHUMOUS FELLOWSHIP AWARD FOR GLOBAL ENERGY LEADER

An anticipated cynosure of the programme , will be a tribute to the Energy Leader by Internationally respected cerebral energy economist, Professor Wumi Iledare.

Large Crowd witness Barkindo’s burial

Late Barkindo was appointed OPEC Secretary-General in 2016. He was the fourth Nigerian to hold that position and the 28th person in the role overall.

Crude oil price to soar past $200/barrel

Bjarne Schieldrop, SEB analyst, said on Wednesday in no uncertain terms that the G7’s price capping proposal was a “recipe for disaster” given the current stress that the oil market is under.
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TCN RESTORES NATIONAL POWER GRID AFTER PARTIAL SYSTEM DISTURBANCE

The restoration of the affected part of the grid, according to a statement, commenced immediately at 11.55am with Osogbo/Ihovbor back to the grid followed by Jebba/Osogbo, Kainji/Jebba, Benin/Onisha, Shiroro/Kaduna, Shiroro/Katampe, and Alaoji/Ikot-Ekpene. Others are Lokoja/Gwagwalada, Odukpani/Ikot Ekpene, Benin/Omotosho, Oke-Aro/Ikeja west, Egbin/Oke-Aro and Kaduna/Kano.

Nigeria thrown into darkness as national grid collapses again

The system collapse which occurred at 10:51 am on Monday, 26th September,2022, has thrown the country into darkness.

Nigeria’s oil producers created 600,000 jobs in 60 years – Kennedy

He said: “We have continued to make significant contributions to Nigeria’s development. As a group, OPTS member companies account about 90 per cent of Nigeria oil production and contributes significantly to the domestic and export gas production and supply. Over the last decade, OPTS member companies accounted for 40-60 per cent of government revenue and 85 to 95 per cent of export earnings.

Nigeria needs $10m annually for transition into Green energy – Osinbajo

“When Nigeria gets this fund, in addition to capital flow from both government and private sector, local and international, it would then be able to address majority of the issues relating to Climatic Change in the country. Nigeria has made a case that it should be on the G7 panel partnerships which will attract significant funding.”