Gas
Ethanol Loses as Gas-Price Fears Prompt EPA Reevaluation
NEW YORK – For months, lobbyists for refiners such as Valero Corp. (VLO) and Exxon Mobil Corp. (XOM) have warned that a U.S. law requiring increased use of ethanol would exceed the amount of the fuel they could safely blend into gasoline.
While that claim was mocked by executives at renewable fuel producers such as Poet LLC and a joint venture of BP Plc (BP/) and DuPont Co. (DD), yesterday the refiners got their way.
The so-called “blend wall” was cited by the Environmental Protection Agency as the key reason to propose the first cut in requirements for renewable fuels since they were mandated by a 2007 law.
“EPA is proposing to place the nation’s renewable energy policy in the hands of the oil companies,” Bob Dinneen, the president of the Renewable Fuels Association, which represents ethanol makers such as Abengoa SA. (ABG)
Refiners, fast-food restaurants, motorboat makers and chicken farmers have all pushed the EPA to scale back the ethanol mandate, saying it risks ruining engines by forcing more ethanol to be blended into gasoline and is acting to push up demand for corn. Gasoline demand is falling, and rising requirements for renewable fuels are ramping up the percentage of those fuels in the total mix.
The EPA proposal to require 15 billion to 15.52 billion gallons of renewable fuels such as corn ethanol and biodiesel in 2014 was a rare victory for the oil industry under President Barack Obama, and one the biofuel industry said could set back investments in their plants. That proposal compares with 18.15 billion gallons set in the legislation, making it the first time the legal mandate would be cut after years of annual increases designed to boost the industry.
Blend Wall
“EPA’s recognition of the blend wall and the potential adverse effects on consumers is a welcome step,” Charles Drevna, the president of the American Fuel & Petrochemical Manufacturers, which represents refiners such as Valero and Tesoro Corp. (TSO), said in a statement. The renewable fuels legislation “requires quantities of biofuel to be consumed that are well beyond the technical limitations of many engines in service today.”
Valero rose 16 cents yesterday to $43 at 4 p.m. in New York Stock Exchange trading, while Archer-Daniels-Midland Co. (ADM), which processes corn and other agricultural products, dropped $1.44 to $40.56, its biggest decline since Aug. 26. Prices of soybeans, used to make biodiesel, fell the most in six weeks, and corn futures dropped 1.4 percent to $4.305 a bushel in Chicago.
Renewable fuel supporters say the oil industry is holding back investments in the infrastructure to deliver higher blends of ethanol because it wants to preserve its market share.
‘Flexible-Fuel Vehicles’
“Part of our challenge is, the oil industry has done a pretty good job of making it harder to access higher blends and making it harder to take advantage of all the flexible-fuel vehicles that are on the road today,” Agriculture Secretary Tom Vilsack said this week.
Within the range of values it provided, the EPA listed specific volume requirements it was proposing: 15.21 billion gallons for renewable fuel generally and 2.2 billion for advanced biofuels, such as biodiesel. A final rule is due in the first quarter of 2014, after refiners and ethanol makers weigh in.
The EPA also proposed cutting the mandate for biodiesel and cellulosic products to as much as 2.5 billion gallons, compared to the 3.75 billion gallon target in the legislation.
By cutting back on quotas for those so-called “next generation” fuels, producers said that EPA risked killing investments necessary to get fuel from switchgrass, corn husks or algae.
‘Hurt Efforts’
“The numbers released today will hurt efforts to continue to expand and grow this cutting edge technology, create new American jobs and further American energy independence,” Hugh Welsh, president in North America for Royal DSM NV, a Heerlen, Netherlands-based company that’s building a U.S. plant to make fuel from corn cobs and husks.
EPA officials say they are listening to those concerns and have pledged to preserve a market for cutting-edge renewable fuels.
In its rule yesterday, the agency stuck to that estimate, saying it forecasts that 12.95 billion to 13.09 billion gallons of ethanol could be consumed in the U.S. in 2014, which would be below the 13.8 billion gallons it mandated this year.
Refiners, which have resisted the corn ethanol mandate, haven’t fought so hard against biodiesel, as it doesn’t present the same constraints as ethanol. Still, the cut in their use as proposed by EPA was also panned by that industry.
“This proposal, if it becomes final, would create a shrinking market, eliminate thousands of jobs and likely cause biodiesel plants to close across the country,” Anne Steckel, vice president of the National Biodiesel Board, said. “It also sends a terrible signal to investors and entrepreneurs.”
– BLOOMBERG
Gas
NLNG Change YourStory: Backs Digital Storytelling’s New Era
No fewer than 40 journalists from print, broadcast, and digital media in Lagos participated in this year’s NLNG Change Your Story training workshop held in Lagos between March 11 and 13.
The workshop, themed “Re-calibrate, Create, Connect,” focused on artificial intelligence in journalism, data visualisation, digital tools for real-time reporting, and ways to combat misinformation.
During the 3-day capacity workshop, participants examined the changing landscape of journalism shaped by AI and digital communication. They also explored how new media technologies can support real-time reporting, extend audience reach across borders, and strengthen engagement on digital platforms.
Dr. Sophia Horsfall, General Manager, External Relations and Sustainable Development at Nigeria LNG Limited, charged the participants to apply the knowledge gained from the NLNG Change Your Story Capacity Workshop to improve the quality and credibility of their reporting. Horsfall, who spoke on the last day of it, described the workshop as part of NLNG’s broader effort to strengthen engagement with the media and support professional excellence in journalism. She encouraged participants to use the insights gained to improve the depth and credibility of their work.
“NLNG views this engagement as a strategic partnership. We provide the energy that powers nations and generates revenue for our nation; you provide the information that powers our minds. We have been proud to host you, but our pride will only be justified when we see the ‘New Standard’ in your next feature, your next broadcast, and your next investigative report. As you head back to your various stations, I urge you to take the spirit of this workshop with you,” she said.
The intensive programme combined expert-led discussions with practical sessions. Digital Communication specialist Mr. Dan Mason led sessions on digital storytelling, while media trainer Taiwo Obe facilitated a Journalism Clinic focused on newsroom practice and storytelling skills.
Mason described the NLNG programme as a relevant ingredient to grow the foundation for new digital skills among practitioners, noting that the Nigerian media industry is a vibrant sector with many energetic young people. “For me, it’s a really good place to work. I feel strongly that at each training session, people listened. ..It’s really about people going away with a little bit more confidence to say, I’m going to do this. I can do this. And in a way, that’s all you need.
“But, what you have here is the essential ingredient in developing journalism, which is the ability to make mistakes and then learn from them,” he said. He observed that Nigeria has an incredibly high rate of young people with an interest in news. According to him, research around the world shows that Nigeria stands out at the top, having young people who are interested in news.
“They care. In your use of mobile platforms, you are way ahead. People trust journalism and journalists. And while there may be issues with people or younger generations not wanting to look at the news, you’ve got such a great and strong foundation to build upon. So, I see hope and opportunity in Nigeria, though I also see the problems, because I’m a journalist. And I see fantastic opportunities here,” he added.
The Change Your Story initiative, launched by NLNG in partnership with The Journalism Clinic, is designed to strengthen professional capacity in the media industry. Since its launch in 2014, the programme has trained about 400 journalists from print, broadcast, and digital media across Nigeria.
The workshop, which began on Wednesday, concluded on Friday. At the end of the training, all participants were presented with certificates acknowledging their completion of the programme.
Nigeria LNG Limited (NLNG) has reinforced its commitment to strengthening journalism in Nigeria following the successful completion of the second edition of its #NLNGChangeYourStory workshop for 2026, held in Lagos.
Business
Sahara Group expands fleet with new 40,000 cbm LPG Carrier
Modupe Asudo
Sahara Group, a leading global energy and infrastructure conglomerate, has commissioned MT Asharami Ghana, a 40,000‑cubic‑metre Liquefied Petroleum Gas (LPG) carrier, expanding its fleet capacity, while strengthening Ghana’s clean energy supply chain and LPG distribution network.
The dual‑fuel vessel improves operational efficiency, enhances supply reliability, and supports lower‑emission LPG logistics as consumption grows across Ghana and the wider sub‑region.
Speaking at the commissioning in Ulsan, South Korea, President John Dramani Mahama described the vessel as “a significant milestone in strengthening the infrastructure that underpins the global LPG supply chain,” noting that expanded shipping capacity is critical to improving supply security, reliability and efficiency for countries that rely partly on LPG imports.
He commended Sahara Group, WAGL Energy and all partners involved for their “leadership, technical expertise and strategic foresight,” adding that the project reflects “the power of partnership” in advancing safe, efficient, and responsible energy distribution.
President Mahama wished the MT Asharami Ghana safe sails, expressing confidence that the vessel would inspire further investment and collaboration across Africa’s energy value chain.
According to Wale Ajibade, Executive Director, Sahara Group, the vessel supports Ghana’s clean energy ambitions through integrated infrastructure.
“MT Asharami Ghana is more than a vessel; it is part of a deliberate strategy to strengthen LPG supply security and support Ghana’s clean energy ambitions. It secures an additional 25,000-Metric-tonne stock security for the Ghana economy, alongside the soon to be commissioned 6000-metric-tonee of 12.000-metric-tonne land storage in Tema,” he said.
With the addition of Asharami Ghana, Sahara Group’s LPG carrier fleet now comprises six delivered vessels with a combined capacity of 202,000 cubic metres. Supported by partnerships with WAGL Energy, NNPC Limited and other stakeholders, an additional 270,000 cubic metres of capacity is under construction and due for delivery by September 2028.
Temitope Shonubi, Executive Director, Sahara Group, said Asharami Ghana is part of Sahara’s integrated LPG infrastructure strategy spanning shipping, storage, and downstream distribution globally, including the development of a 12,000‑metric‑tonne land‑based LPG storage terminal in Tema, with a 6,000‑metric‑tonne first phase scheduled for completion in May 2026.
He thanked Yaa Serwaa Alifo, MD of Asharami Ghana, for her resilience and insistence to dedicate a ship of “this magnitude solely to the Ghana Market and its landlocked neighbours.”
Ghana is targeting LPG adoption of 50 per cent of households by 2030, up from about 30 per cent today. Sahara’s investments will support clean energy access for more than 35 million people, while strengthening Ghana’s role in regional LPG trade to neighbouring and landlocked West African markets.
The commissioning comes in Sahara Group’s 30th anniversary year, guided by the Sahara Beyond XXX milestone, underscoring Sahara’s focus on building an enduring enterprise that delivers responsible growth, shared prosperity and long‑term impact across its markets.
Business
NCDMB reinforces commitment to inclusive energy growth
Modupe ASUDO
The Nigerian Content Development and Monitoring Board has reiterated its commitment to advancing gender inclusion and sustainable capacity development in Nigeria’s oil and gas industry, spotlighting a $20m Women in Oil and Gas Intervention Fund.
The Board made this known at the 3rd edition of the Diversity Sector Working Group’s Women in Oil and Gas Conference and Mentorship Programme, held on March 3, 2026, at Eko Hotels and Suites, Lagos.
The conference, organised in collaboration with the Nigerian Content Consultative Forum, was themed ‘Breaking Barriers, Shaping the Future’, with a strong focus on building bridges and empowering women for a sustainable energy future.
Delivering his goodwill message, the Executive Secretary of NCDMB, Engr Felix Omatsola Ogbe, described women’s empowerment as a strategic lever for strengthening Nigeria’s energy ecosystem, particularly at a time the global industry was undergoing profound structural change.
He explained that the sector’s navigation of energy transition, rapid technological innovation and rising sustainability expectations increasingly requires broader perspectives, adaptive leadership and inclusive participation to remain competitive and resilient.
Represented by the General Manager Midstream PCAD, Ms. Lekoma Phimia, the Executive Secretary framed inclusion not as social advocacy but as sound economics, stressing that diversity consistently delivers measurable performance outcomes across industries.
“Inclusive organisations are more innovative, more resilient and more profitable. When women thrive, industries thrive. When women lead, economies grow. When women are empowered, communities prosper,” he stated.
To illustrate this point, the Executive Secretary referenced the leadership impact of Ms. Oritsemeyiwa Eyesan, Executive Chairman of the Nigerian Upstream Petroleum Regulatory Commission, describing her tenure as clear evidence of women’s capacity to drive sector-wide transformation at the highest levels.
According to him, such leadership exemplifies how competence and inclusion are helping to steer the industry through a period of accelerated change.
While acknowledging the progress recorded, Ogbe observed that systemic barriers had continued to limit the full participation of women across segments of the oil and gas value chain, stressing that addressing the constraints requires deliberate, structured and sustained interventions.
At the centre of NCDMB’s empowerment showcase, the Executive Secretary highlighted the Women in Oil and Gas Intervention Fund, a landmark $20m initiative established in partnership with the Nigerian Export-Import Bank to provide affordable financing exclusively to women-owned businesses operating within Nigeria’s oil and gas sector.
He explained that the fund offers single-digit interest rate loans with repayment tenors of up to three years, targeted at eligible companies with approved industry contracts. According to him, the initiative is designed to accelerate local capacity and enable women entrepreneurs to transition from peripheral participation to ownership and leadership across the oil and gas value chain.
Ogbe further disclosed that a complementary intervention, implemented in partnership with the Bank of Industry, extends structured business training and additional access to capital to women-owned enterprises. He noted that many beneficiaries have expanded from small service providers into competitive vendors now supporting major oil and gas operators nationwide, particularly in logistics and marine services, safety equipment supply and environmental management — segments where female entrepreneurs have historically faced limited access to financing.
Beyond financing, the Executive Secretary highlighted NCDMB-supported skills development programmes executed in collaboration with institutions such as the Petroleum Training Institute and accredited industrial training centres in Rivers and Bayelsa states. He cited the training of women in welding and fabrication, noting that many graduates are employed in fabrication yards and contribute directly to major oil and gas projects.
“These women are earning dignified livelihoods, breaking stereotypes and inspiring a new generation,” Ogbe said, emphasising that collaboration remains critical to scaling impact, citing partnerships with financial institutions, development partners, training institutions and industry stakeholders.
He commended the NCCF Diversity Sector Working Group for sustaining advocacy and dialogue on inclusion. “We must move beyond inclusion towards leadership — more women in technical leadership roles, executive positions and industry boards,” he added.
In her remarks, the Chairman of NCCF Diversity Sector Working Group, Dr Alero Onosode, described the conference as a celebration of progress, leadership and possibility, noting that NCDMB’s sponsorship reflects its strong institutional commitment to inclusion and shared prosperity. She observed that convening the conference in March — International Women’s Day month — was symbolic, coming at a time of renewed activity and reform across Nigeria’s oil and gas industry.
“Alongside this momentum, we are seeing the rise of women into visible and influential leadership roles — regulators, CEOs, directors, engineers and policymakers shaping strategy and transforming spaces that were once dominated by a single voice,” Onosode said.
She explained that the conference theme challenged stakeholders to move from representation to impact, urging deliberate collaboration across sectors, generations and perspectives.
“Building bridges means women and men working together, turning diversity into strength and collaboration into results,” she stated, calling on industry leaders to prioritise mentorship, sponsorship and intentional partnerships.
The conference concluded with a renewed call for inclusive capacity development, with NCDMB reaffirming its commitment to empowering women, strengthening Nigerian content and ensuring that Nigeria’s energy future is sustainable, inclusive and economically transformative.






