Both in the electricity and petroleum sector, Nigeria may battle with the dismal performance that greeted the sectors last year, unless decisive decisions are taken amidst the general elections and political transition. KINGSLEY JEREMIAH writes. Subsidy payment, both in the oil, gas and electricity sectors; crude oil theft, vandalism, insecurity, contract-based market for power,…
Egypt exported some 8 million tons of liquefied natural gas last year, worth $8 to $8.5 billion, the country’s mineral resources ministry said this week, noting the price rally in liquefied natural gas that helped drive revenues higher. The North African country has solid ambitions in natural gas development, planning to become one of…
Efforts by the U.S. to continue growing its natural gas sector are in jeopardy due to takeaway constraints. East Daley Capital Inc.: U.S. LNG exports will grow to 26.3 Bcf/d by 2030. A few midstream companies are well-positioned to benefit from the projected increase in LNG exports Join Our Community Last year, the…
In the celebration over the Florida Legislature’s sweeping insurance reforms approved last month, one statutory change has slipped under the radar a bit – one that insurance attorneys said will streamline the settlement process and could help reduce litigation. Among a raft of other changes, Senate Bill 2A underscored the legality of joint proposals…
The University of Sussex is delighted to honour its much-loved former music lecturer and organist, Dr John Birch (1929-2012), with this scholarship. The aim of this scholarship is to support one selected organ player to continue to develop and perform while studying at Sussex. This scholarship is open to all current undergraduate and postgraduate students…
U.S. lawmakers will review the cause of a Federal Aviation Administration computer system outage overnight on Tuesday that sparked a nationwide ground stop and delayed or canceled more than 10,000 U.S. flights. Senate Commerce Committee Chair Maria Cantwell, a Democrat, said on Wednesday that the panel “will be looking into what caused this…
Frontline Insurance Group, parent to two significant property insurers in Florida, has had its financial rating stability withdrawn by the Demotech rating firm. Frontline corporate leaders were not available to talk about the move. But company officials who spoke on background said the insurers had voluntarily withdrawn their rating requests and have ended their…
By Abubakar Yunus Abuja The New Nigeria People’s Party (NNPP) has reason to take the Independent National Electoral Commission (INEC) to court over disagreement on the issues of uploading and submition of some of its candidates’ names. This is as the NNPP commended the electoral umpire under the leadership of Prof. Mahmood Yakubu for its…
Northern groups under the aegis of Amalgamated Arewa Youth Groups (AAYG), have said that the best new year gift to Nigerians by President Muhammadu Buhari is to sack and arrest the Governor of Central Bank of Nigeria (CBN), Dr. Godwin Emefiele. The groups, which listed some of the alleged crimes that warrant the sack…
Solomon Attah, Lafia The Federal Government and the International Fund for Agricultural Development-assisted Value Chain Development Programme (FG/IFAD- VCDP) has set aside N252 million for the provision of agro inputs and equipment to farmers affected by flood to embark on dry season farming in the nine implementing states of VCDP programme….
