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PilotSTRATEGY project to support low-carbon energy and industry
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Investegate |SSE Plc Announcements | SSE Plc: Publication of Annual Report and Accounts 2021
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• Osinbajo canvasses equitable global energy transition for developing countries
• Stakeholders raise fresh concerns over continuous dependence on hydrocarbon
• Removal of subsidy, refinery rehabilitation, gas economy sacrosanct, minister insists
Mounting global advocacy aimed at halting all-new Final Investment Decisions (FIDs) for fossil fuels, especially oil and gas may create serious hurdles for new fields development as over $150 billion worth of projects risk getting stranded in Nigeria. x
Investments in new fossil fuel projects will need to stop immediately if the world is to limit global warming to 1.5 °C, the International Energy Agency (IEA) has said in what commentators have described as a stunning challenge by the historically pro-fossil fuel body.
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In November 2020, the government published the Ten Point Plan for a Green Industrial Revolution, with commitments focused on driving innovation, boosting export opportunities, and generating green jobs and growth across the country to level up regions of the UK. La
The introduction of Alternative Dispute Resolution mechanism into the Nigeria oil and gas industry will held address conflicts amongst industry players, writes Peter Uzoho
Last Thursday, the Department of Petroleum Resources (DPR) in collaboration with stakeholders across the upstream, midstream and downstream value chains of the Nigeria oil and gas industry formerly activated the Alternative Dispute Resolution Centre (ADRC) in Lagos.
The ADRC is one of the five flagship centres of the Nigeria Oil and Gas Excellence Centre (NOGEC) flagged off in January by President Muhammadu Buhari.
ADRC is a veritable settlement platform in which oil and gas players in Nigeria can voluntarily approach to resolve their disputes in a more amicable, cost efficient and time saving manner, instead of going to courts.
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