Yorm Energy News

07/01/2022

This video is an interview with Managing Director of Bulk Oil Storage and Transportation Company Limited.

17/10/2021

13/08/2021

-- August 13, 2021

15/06/2021

-- June 15, 2021

10/06/2021

-- June 10, 2021

07/06/2021

-- June 07, 2021

24/05/2021

-- May 24, 2021

22/05/2021

-- May 22, 2021

17/05/2021

-- May 17, 2021

15/05/2021

Shell Makes Deepwater Discovery

Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...

15/05/2021

-- May 15, 2021

14/05/2021

-- May 14, 2021

13/05/2021

CAN LIBYA'S OIL INDUSTRY MAKE A COMEBACK IN 2021?

Libya has managed to boost crude exports at the beginning of 2021, but a number of operational and political risks continue to threaten the stability of its exports

12/05/2021

HOW AN OIL COMPANY BECOMES A RENEWABLES COMPANY

(Financial Post) -- How can an oil company get half its revenues from renewable energy? One company shows how.

A few weeks ago a raft of oil majors released their first-quarter results, with companies like Royal Dutch Shell Plc showing a return to pre-pandemic profit levels. At the same time, some of the majors increased their energy transition commitments: Spanish firm Repsol SA devoted 40 per cent of its capital expenditure to low-carbon projects, and France’s Total SE stated plans to increase its renewable energy capacity five-fold over the next four years.

There are energy-transition commitments, though, and then there are energy-transition results. And on the latter side, one company shines: Norway’s state-owned oil producer, Equinor ASA. It posted more than US$2.6 billion of earnings in the first quarter of 2021, 49 per cent of which was from renewable energy. Last quarter, Equinor earned more from renewables than it did from oil and gas exploration and production.

But Equinor’s results are more than evidence of a successful renewable-energy strategy. They’re also a sign of the challenge ahead for other oil majors with similar ambitions.

>>more here:

How can an oil company get half its revenues from renewable energy? One company shows how

11/05/2021

NIGERIA: ZUNGERU HYDROELECTRIC PLANT TO DELIVER FIRST MW IN DECEMBER

(Africa Energy Portal) -- Following an inspection visit to the site of the Zungeru hydropower project, Niger State authorities say that the first turbine of the plant will be operational in December 2021. The facility built in west-central Nigeria will have a capacity of 700 MW.

Work is nearing completion at the Zungeru hydropower project site. According to the Niger State government’s plans, the hydroelectric plant will deliver its first MW in December 2021. The announcement was made after an inspection visit by local authorities to the project site. According to Abubakar Sani-Bello, the governor of Niger State, the first turbine of the Zungeru hydropower plant will be commissioned in December 2021.

“This is a milestone for us in Niger State. It is to be celebrated, we hope that when the project is delivered, it will enhance power generation, economic activities and many other things,” Governor Abubakar Sani-Bello enthuses. The other three turbines will be commissioned in 2022. The facility, built by the Nigerian federal government, is approaching its operational phase, eight years after construction began.

A project financed by China

A few weeks ago, Nigeria’s Bureau of Public Enterprises (BPE) launched a call for tenders to recruit a company to assist in the concessioning process of the Zungeru hydroelectric plant. The facility will operate with a roller-compacted concrete dam built on the Kaduna River, a tributary of the Niger River. The dam has a height of 101 m and a length of 233 m, forming a reservoir capable of storing 10.4 billion m3 of water. The underground power plant behind the dam will be equipped with four turbines of 175 MW each.

>>more on Africa Energy Portal

Following an inspection visit to the site of the Zungeru hydropower project, Niger State authorities say that the first turbine of the plant will be operational in December 2021. The facility built in west-central Nigeria will have a capacity of 700 MW.

11/05/2021

-- May 11, 2021

10/05/2021

-- May 10, 2021

08/05/2021

-- May 08, 2021