Business
Dangote Cement Wins Environmental Sustainability Award
The Dangote Cement Plc has emerged winner of the 2023 NatureNews Environmental Sustainability Award.
The award was conferred on the company in Abuja on Tuesday at the 3rd Anniversary Lecture of NatureNews and Presentation of the Hero of Environmental Actions for Development (HEAD).
The 3rd anniversary has as its theme: “Climate Change and Energy Transition in Nigeria”.
Publisher and Editor-in-Chief, NatureNews, Aliyu Akoshile, noted that Dangote Cement Plc was nominated following a thorough screening by eminent professionals.
According to him, it was discovered that the company had deployed cutting-edge technology to mitigate emission of Green House Gas (GHG), and its impacts on the environment.
He maintained that his team learnt that the company’s climate goals extend beyond reduction of emissions to protecting and regenerating the environment, through land reclamation and tree planting.
In his words, “Climate Change remains a present danger to a sustainable environment and a potent threat to life.”
On his part, the Guest Speaker, Director General, Nigeria Country Office African Development Bank Group, Lamin Barrow, said, ”According to its energy transition plan Nigeria remains committed to transition to net zero by year 2060. The 30:30:30 principle remains central to the just energy transition.
“This indicates that Nigeria should achieve 30,000 MW of generated power capacity (From its current level of 13,000 MW) by the year 2030 of which 30% should be from renewable energy.”
Chief Branding and Communication Officer, Dangote Group, Anthony Chiejina, in welcoming the award, revealed that the Dangote Cement Plc had introduced several innovative strategies to reduce emission of Greenhouse Gases (GHG) in its operations.
He said, “The company’s decarbonization strategy recorded up to 3 million tonnes in net reduction of C02 emissions in 2022 from the prior year, and the company continues to deploy energy efficiency levers in all plants.”
Chiejina noted that in its efforts to support carbon sequestration last year, the company planted 59,088 trees in our communities, mines and within operational facilities, ensuring that biodiversity is protected. The company conserves water and promotes a circular economy as a way of contributing to a nature-positive future.
The latest award is coming barely a year after Dangote Cement Plc was recognized in Zambia and Senegal, where the Company won awards for its CSR and Environmental sustainability projects in the two countries.
The employers’ body in Senegal, the Conseil National du Patronat (CNP) said it honoured the company for its green project in which it planted hundreds of trees to mitigate against desert encroachment in parts of the country.
Business
Adoption of AI Feature as NIPetGE Pays Courtesy Call at NNPC Ltd
Enhanced adoption of artificial intelligence and other digital technologies to improve operations in Nigeria’s oil and gas industry is taking the centre stage in relevant circles.
The issue came up strongly when the President-elect of the Nigerian Institute of Petroleum and Gas Engineers NIPetGE, Prisca Kanebi, paid a courtesy call at the Nigerian National Petroleum Company Limited (NNPC Ltd), Abuja.
Biztellers reports that the Kanebi led delegation was received by the Group Chief Executive Officer of the NNPC Ltd, Bayo Ojulari, represented by the Executive Vice President, Gas, Power and New Energy, Olalekan Ogunleye.
According to a statement made available on Sunday, discussions at the meeting focused on the future of Nigeria’s hydrocarbon industry amid global energy transition concerns, technological changes and sustainability targets.
ALSO READ: NNPC Ltd, IOCs Raise Crude Supply to Local Refineries by 103% in 4 Months
The statement indicated that the NNPC Ltd acknowledged the role of NIPetGE in policy advocacy, technical development and innovation within the sector.
Speaking during the meeting, Kanebi highlighted recommendations from the institute’s recent conference, including the proposed establishment of a national centre for intelligent energy systems to support the deployment of artificial intelligence, the Internet of Things and robotics across the petroleum value chain.
She also commended the Federal Government’s decarbonisation efforts and reiterated the institute’s support for policies aimed at improving sustainability in the industry.
The institute also recommended the creation of a hydrocarbon-linked emissions trading system to allow Nigeria to take part in global carbon markets.
The institute also proposed fiscal incentives to support local manufacturing and service delivery in the oil and gas sector, as well as the expansion of the Energy Transition Plan to include measurable upstream decarbonisation targets backed by tax credits.
Other proposals included increased public-private partnerships in emission control infrastructure, carbon capture projects and hybrid renewable energy initiatives.
Both organisations also stressed the need for stronger collaboration between industry and academic institutions to improve professional capacity and align petroleum engineering practice in Nigeria with international standards.
The institute further disclosed that its bill seeking chartered status had passed second reading and was progressing towards a third hearing at the National Assembly.
It added that NNPC Ltd pledged support for future collaborations with the institute on initiatives aimed at improving efficiency and innovation in the energy sector.
Business
FHC Orders NUPRC to Comply with PIA
Business
Local Firms Lead Revival of Idle Oil Wells – SPE
Nigeria’s indigenous oil and gas companies are reopening dormant wells and ramping up production from assets acquired from international oil companies (IOCs) to boost crude oil output.
The Society of Petroleum Engineers (SPE), Nigeria Council, made the assertion through its Chairman, Francis Nwaochie, on the sideline of the Offshore Technology Conference (OTC) which ended at the weekend in Houston, Texas.
Nwaochie said indigenous operators were already taking advantage of opportunities created by disruptions in the global energy market to increase production from existing assets.
According to him, local firms that recently acquired onshore and shallow water assets from IOCs were aggressively reviving inactive wells and maximizing available infrastructure to raise output levels.
“What we are seeing now is that indigenous companies are reopening wells from the assets they acquired from the IOCs. Some of them have almost doubled production from those existing assets,”.
He explained that the renewed focus on dormant wells and existing facilities had become critical at a time the global oil market was facing supply shortages triggered by geopolitical tensions in the Middle East.
The SPE Nigeria Council Chairman noted that Africa, particularly Nigeria, was well positioned to benefit from the supply gap because of the continent’s relative stability compared to some other oil-producing regions.
“There is a huge opportunity for Africa right now. The focus is gradually shifting to Africa because of the volatile environment in many other producing regions.”
He stated that indigenous operators were leveraging digital technologies, financing opportunities and local expertise to improve production efficiency and optimise existing fields.
He added that stronger implementation of local content policies was also helping to create a more stable operating environment for oil and gas investments.
“Local content is very critical. Once communities and local companies clearly understand their roles and benefits, then you create peace across the industry. Business only thrives in peaceful environments.”
ALSO READ: Nigerian Navy Recovers Large Cache of Illegal Refined Petroleum Products
Nwaochie also stressed the need for Nigeria to move beyond crude oil production and begin developing indigenous technologies for the energy industry.
According to him, SPE Nigeria Council was actively supporting innovation and technology development among young Nigerian engineers and researchers.
He disclosed that the association was engaging the National Universities Commission(NUC) on reforms to engineering curricula in universities to better prepare graduates for the future of the energy industry.
“One of our major focuses in SPE is technology development. We should not only import machines and equipment, we must begin to develop our own technologies locally.”
Nwaochie revealed that SPE was already supporting local innovators working on technologies such as remotely operated underwater vehicles (ROVs), noting that indigenous technology development will strengthen Nigeria’s economy and deepen local participation in the oil and gas sector.
“We may not get everything right immediately but we must start somewhere. That is how countries that dominate the global energy industry built their capacities.”






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