ENVIRONMENT

 Seplat Energy Plc, foremost indigenous energy company, says it is actively pursuing a range of initiatives to decarbonise its operations and support a sustainable energy transition as part of its climate commitments and operational excellence strides. The company’s key measures in these regard include: ending routine gas flaring; investments in gas infrastructure; exploring renewable energy opportunities to further offset emissions; ...

Photo : President and chairman of council, Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr Victor Alonge (left) and the chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, during Alonge’s visit to the Revenue House in Abuja, on Thursday. Photo credit: Victor Onarin Focused in driving measures towards achieving his mandate in line with the President Tinubu’s Renewed Hope ...

…….by Ben Ndubuwa……  Nigeria’s Minister of State for Petroleum Resources, Dr. Heineken Lokpobiri, has downplayed fears over the future of the country’s hydrocarbon resources in the face of the ongoing global energy transition. Addressing journalists at the recently concluded African Energy Week (AEW) in Cape Town, Lokpobiri emphasized that African countries, including Nigeria, would continue to harness their vast hydrocarbon ...

………by Ben Ndubuwa…. TotalEnergies has reaffirmed its commitment to reducing carbon emissions and increasing its sustainable energy stock with a bold target to achieve net-zero emissions by 2050. This pledge was made by the company’s Chief Executive Officer, Matthieu Bouyer, during the management session at the ongoing 42nd Annual Conference of the Nigerian Association of Petroleum Explorationists (NAPE). Represented by ...

The Shell Petroleum Development Company of Nigeria Limited (SPDC JV) – Operator of the NNPC Limited, SPDC, TotalEnergies and Nigerian Agip Oil Company Joint Venture– has, announced the donation of US$1 million to support efforts to provide relief to over half a million people displaced in flood impacted communities of Borno State. “The donation will go into the procurement and ...

The Nigerian National Petroleum Company (NNPC) Ltd has called for more collaboration and transparency among parties in the global energy industry’s quest to phase out carbon emissions across the oil and gas valuechain and achieve net-zero by 2050. Group CEO NNPC Ltd, Mele Kyari made this call while speaking at a Strategic Panel Session titled “Decarbonising Operations across Upstream, Midstream ...

To contribute to the public debate on the energy transition, TotalEnergies is publishing the 6th edition of its “TotalEnergies Energy Outlook”, which presents three scenarios for the possible evolution of the demand and the global energy system up to 2050. This year, in addition to the Momentum and Rupture scenarios presented in previous editions of its Energy Outlook, TotalEnergies has ...

As environmental, social, and governance (ESG) principles continue to gain traction globally, Nigerian businesses are increasingly recognizing the importance of integrating sustainable practices into their operations. ESG has evolved from a trend to a strategic necessity for companies aiming to manage risks, meet regulatory requirements, and align with the expectations of investors and stakeholders. In response to this growing significance, ...

The Independent Petroleum Producers Group (IPPG) commended the leadership of Engr. Gbenga Komolafe, the Commission Chief Executive of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), for tireless efforts and unwavering commitment to the growth and development of the oil industry. IPPG made this commendation during the third year anniversary celebration of NUPRC. According to the independent petroleum producers, the Commission has ...

Sahara Group’s path to net-zero emissions has been tiered into distinct phases. In the short term (2022-2030), the focus will be on reducing carbon footprint through initiatives like fleet electrification, cycling programs, and energy efficiency measures,a statement said. In the medium term (2031-2040), Sahara will look to further diversify its energy portfolio and increase investments in renewable energy projects. Ultimately, ...