Energy

Nigerians Told To Embrace Alternative Fuels To Cushion Current Global Energy Crisis

Published

10 months ago

May 30, 2022

Prof. Akin Abayomi, the Lagos State Commissioner of Health

Olushola Okunlade Writes

As the nations of the world initiate transition from fossil fuel to renewable energy to mitigate the current global energy crises, Nigerians have been told to embrace the alternative source of energy that is sustainable.

Lagos State Commissioner for Health, Prof. Akin Abayomi who made the call also challenged the churches in Nigeria to use their pulpit to drive advocacy on the need for a sustainable lifestyle. He threw the challenge during an interview on the sideline of a one-day Conference in Lagos on “Journeying and Listening Together: Energy Crisis and Sustainable Lifestyle for Church and State” which was organized by the Ecology Work Group of the Catholic Archdiocese of Lagos

He said the church needs to become more actively involved in the gospel of a sustainable lifestyle that can bring peace to the environment and guarantee an abundance of food and healthy energy. Pls get involved with practical initiatives in environmental preservation”, Prof Abayomi told the participants which include the leadership and members of the Catholic church in Lagos led by the Lagos Archbishop Dr. Alfred Adewole Martin.

The Commissioner stated that the church has enormous influence on the people and that it is high time the church lead advocacy for the Alternative sources of energy geared towards replacing fossil fuels. Such alternative energy, according to him included Solar Power; Wind Energy; Hydro Energy; Biomass Energy; Tidal Energy, and Geothermal Energy.

Earlier in his paper titled “Global Energy and Environmental Crisis”, Prof. Akin Abayomi, the Lagos State Commissioner of Health, who is the Guest Speaker said the energy crisis around the world has led to a concern that the world’s demands on the limited natural resources that are used to power industrial society are diminishing as the demand rises.

The environmental and economic effects of the situation, he highlighted are the increase in the energy and electricity costs with gas prices rising by about 47%; an increase in the cost of doing business; unemployment; global warming, etc.

Prof Abayomi then listed as mitigating equity and global stability, factors such as Overpopulation; War and attacks; wastage; aging energy infrastructure; inequitable overconsumption, and unexplored renewable energy.

While calling for joint action in Africa, he disclosed that Africa contributes 4% of the global carbon dioxide yet is most affected by climate change as half of every 10 countries affected by extreme weather in 2019 are from Africa.

He said the rising cost of energy is driving the use of alternative energy and that Africa is in a terrible situation as 90 per cent of the WestAfrica forest cover has been lost in the last 100 years and Nigeria alone loses 350,000 hectares to destruction yearly.

Also speaking, the Archbishop of Lagos, Rev Martin lamented that many activities have given rise to climate change the consequences of which are now staring the society in the face. He stated that the climate change has manifested itself in varied and unprecedented ways such as heat waves that have led to the uncontrolled forest fires devastating huge swathes of land; progressing desertification; rising sea levels leading to the destructive floods and landslides; chemical and technological pollution leading to depletion of biodiversity and destruction of the ecosystem.

“We are faced with the results of our collective and individual lifestyles and habits that lead to depletion of species of animals and plants and the pollution of the earth, turning it into what the Pope calls a pile of filth”, the clergy noted.

According to him, the conference was the church’s response to the call by Pope Francis some seven years ago when he released his encyclical LAUDATO SI translated to Care for our home. “the document centered on the care for the earth, our common home, environmental pollution challenges and the persistent poverty facing the world.”

Regrettably, Rev. Martins said as the Covid-19 pandemic begins to alleviate, the world is faced with other crises which have local and global dimensions, i.e the energy crisis and the looming food crisis, the impact of which would be huge and unimaginable if necessary steps are not taken and quickly too.

“Should we as a church not be concerned? Should we as a people not worry? We should all be and that is why I hope this conference will provide the platform for strategizing together on what must be done in order to heed the cry of the earth and the cry of the poor”, he stressed.

Buttressing the need for urgent lifestyle changes in the environment is a concern, Prof Abayomi said Lagos is one of the six world cities that are heavily polluted through air pollution, Water pollution, and exposure to lead. He mentioned other cities like Los Angeles, New Delhi, Beijing, London, and Santiago

To address the environmental challenges, he disclosed that Lagos is committed to improving air quality and that should Lagos achieve the target set by the World Health Organisation (WHO), it could prevent 2,800 deaths and 155,000 hospitalizations, reduce 2,300 asthma incidences and save up to $2.3billion annually.

Prescribing solutions to the environmental challenges, he urged the church to be actively involved and use the pulpit to drive advocacy on the need for a sustainable lifestyle. The church he advised should go practical and preach a sustainable lifestyle; going green, reforestation, and preservation of life.

Contributing to the discussion, Dean, Lagos Island Deanery, Rev Father Julius Olaitan, pointed out that there was the need for a dialogue with nature and dialogue with man to resolve the crisis in the environment.

He said there is the need to bring the entire human family together for enlightenment and to see a sustainable lifestyle. Drawing from his experience as parish priest, Rev Olaitan enumerated steps they had taken as a church to reconcile with the environment. Such steps he listed as “Conserving the energy; Use of energy-saving equipment; good maintenance culture; control of scavengers who litter the environment; Reduce reuse and Recycle because concern for the environment is also a concern for life.

In her remark of welcome earlier, Dame Marie Fatayi-Williams, the Coordinator of the Ecology Work Group, gave the rationale behind the conference as part of the efforts of the group to encourage and promote an environmental-friendly lifestyle.

She said the Conference would also help aggregate steps to and mode of execution of activities that will promote healthy living with the environment which apart from human needs is also an instruction from God who is the creator of the earth and the man that lives on the earth.

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Govt Thailand To Gather Industry Leaders In Bangkok For “Ministerial Energy Forum” At Future Energy Asia 2023

Published

3 days ago

March 24, 2023

Business Echo Magazine

GOVERNMENT OF THAILAND TO GATHER INDUSTRY LEADERS IN BANGKOK FOR “MINISTERIAL ENERGY FORUM” AT FUTURE ENERGY ASIA 2023 Bangkok, Thailand, 22 March 2023: Today the Kingdom of Thailand’s Ministry of Energy, together with dmg events and Exposis, announced the launch of the inaugural “Ministerial Energy Forum”, which is set to take place at the Future Energy Asia Exhibition & Summit in Bangkok from 17-19 May 2023. The event is backed by the Thailand Convention & Exhibition Bureau (TCEB) and has been nominated Thailand’s Ministry of Energy under the One Ministry - One Convention framework. Reflecting the critical need for a platform to tackle global energy issues from an Asian perspective. As the energy transition continues to touch almost every aspect of global policy making, the Ministerial Energy Forum will host key figures from Southeast Asia and beyond - including Ministers of Energy, policymakers, diplomats and more - and generate strategic and technical insights to help shape the short, medium, and long-term energy policies that will define the decades to come. Through the participation of key figures from the Ministry of Energy - including the Deputy Prime Minister and Minister of Energy, His Excellency Supattanapong Punmeechaow - the Forum will also shine a light on the policies and priorities of the government of Thailand. As burgeoning economic growth and increased energy demand position the country at the centre of the global energy transition, the Forum will support the development of the energy sector in Thailand and the wider ASEAN region. Speaking at the launch of the Ministerial Energy Forum, Prof. Dr. Pisut Painmanakul, Secretary to the Minister of Energy, Ministry of Energy Thailand, said, “We are pleased to offer our strong support to Future Energy Asia, and we are delighted to be hosting the Ministerial Energy Forum at this year’s event, which comes at a pivotal moment for the industry and the region. “Thailand is proud to be carving a new path towards sustainable development. We are committed to carbon neutrality by 2050 and net-zero greenhouse gas emissions by 2065 and we are excited by the opportunity that the event presents to help us achieve these goals, and to showcase our ongoing efforts, including the Bangkok Goals for the BCG Economy.” The fifth edition of Future Energy Asia is also supported by key companies central to Thailand’s energy transition, including PTT and the Electricity Generating Authority of Thailand. Alongside the Ministerial Energy Forum, Future Energy Asia will also host a high-level strategic summit, a technical conference, and an international exhibition where industry players will showcase their technologies and services. Key industries that will be participating include, oil & gas, renewables, hydrogen and carbon capture, utilisation, and storage (CCUS), all of which have an essential role to play in achieving net-zero targets, regionally and globally. Future Energy Asia will be co-located with Future Mobility Asia, a comprehensive showcase of future clean mobility concepts, solutions, technologies, and innovations. The Future Mobility Asia exhibition and strategic & technical conferences will form the central meeting point for OEMs, mobility innovators, after-market suppliers, and technology solution providers to meet, network and drive forward the mobility transition and transformation in Asia. The Future Mobility Hub - a first of its kind interactive and immersive showcase - will be a highlight of the Future Mobility Asia exhibition, offering visitors a glimpse into a cosmopolitan city where future mobility and technology is woven into one. By 2030 Southeast Asia will be the fourth largest global economy, with energy demand expected to have tripled between 2013 and 2040, giving the region an integral role to play in paving the path to net-zero. Future Energy Asia and Future Mobility Asia will provide the international community with unparalleled access to industry insights and business leaders transforming the energy value chain and will bring unrivalled benefits to the local and regional industry, including the generation of hundreds of millions in trade value. Chiruit Isarangkun Na Ayuthaya, President of Thailand Convention and Exhibition Bureau, said, “We look forward to supporting this year’s edition of Future Energy Asia a primary event of focus especially with the Ministerial Energy Forum. Thailand is a global hub at the centre of the fastest and most important economic growth in the world which is why the issues that will be addressed at this year’s event are so important.” Christopher Hudson, President of dmg events, organiser of Future Energy Asia, said, “The global energy transition is at the heart of Future Energy Asia and the strong support we have received from the Ministry of Energy and the Thailand Convention & Exhibition Bureau reflects the importance of strategic action in making energy accessible, secure, and affordable for all”. About Future Energy Asia Hosted by the Kingdom of Thailand’s Ministry of Energy and organised by dmg events, the fifth edition of Future Energy Asia will welcome over 18,000 visitors to Bangkok, to showcase the vital role that the energy sector has to play in meeting global energy demand and unlocking the potential of a decarbonised future, in Asia and beyond. The fifth edition of Future Energy Asia will feature: An exhibition showcasing over 300 companies from more than 70 countries, highlighting the vital role the energy sector has to play in the decarbonised future from a global and Asian perspective. The inaugural Ministerial Energy Forum bringing together 15+ energy ministers, policymakers and industry stakeholders to discuss pertinent challenges and policy responses around energy accessibility, affordability and security. A high-level Strategic Summit on the new market dynamics and innovations that are changing the energy sector including the potential of hydrogen to support the energy transition, decarbonising E&P operations, accelerating investments in new project development, unlocking new technologies in the energy sector, navigating changing gas LNG markets, and the importance of digitalisation in modernising the grid. A Technical Conference convening engineers and project managers across 100+ sessions, enabling the technical skills and knowledge share required to navigate a rapidly changing industry, and offering visitors key insights into vital progress that is being made towards decarbonising the energy value chain. About Future Mobility Asia Co-located alongside Future Energy Asia, the second edition of Future Mobility Asia will offer a comprehensive showcase of all future clean mobility concepts, solutions, technologies, and innovations. The exhibition and summit will be central meeting point for OEMs, mobility innovators, after-market suppliers and technology solutions providers to meet, network and drive forward the mobility transition and transformation in Asia. Mobility will form a central pillar of the discussions, showcases and exhibitions taking place throughout the show, including the Ministerial Energy Forum. Future Energy Asia and Future Mobility Asia will take place at the Queen Sirikit National Convention Center, Bangkok, Thailand from 17-19 May 2023. Anyone wishing to attend can register: Delegate - https://www.futureenergyasia.com/delegateregistration/ Visitor - https://www.futureenergyasia.com/visitor-registration For more information, please visit https://www.futureenergyasia.com/ Follow us on social media channels @futureenergyasia For media enquiries, contact: fea23@pa.group For media partnerships, contact: marketing@futureenergyasia.com About dmg events: dmg events is one of the leading global event organisers, with 84 events across several key industries, attracting over 425,000 attendees. Its energy portfolio includes some of the biggest events in the sector, such ADIPEC, Gastech, Egypt Energy Show (EGYPES), World Utilities Congress, NOG Event and the Global Energy Show. Find out more at www.dmgevents.com.

Rashidat Olushola Okunlade Writes

On Wednesday the Kingdom of Thailand’s Ministry of Energy, together with dmg events and Exposis, announced the launch of the inaugural “Ministerial Energy Forum”, which is set to take place at the Future Energy Asia Exhibition & Summit in Bangkok from 17-19 May 2023.

The event is backed by the Thailand Convention & Exhibition Bureau (TCEB) and has been nominated by Thailand’s Ministry of Energy under the One Ministry – One Convention framework. Reflecting the critical need for a platform to tackle global energy issues from an Asian perspective.

As the energy transition continues to touch almost every aspect of global policymaking, the Ministerial Energy Forum will host key figures from Southeast Asia and beyond – including Ministers of Energy, policymakers, diplomats and more – and generate strategic and technical insights to help shape the short, medium, and long-term energy policies that will define the decades to come.

Through the participation of key figures from the Ministry of Energy – including the Deputy Prime Minister and Minister of Energy, His Excellency Supattanapong Punmeechaow – the Forum will also shine a light on the policies and priorities of the government of Thailand.

As burgeoning economic growth and increased energy demand position the country at the centre of the global energy transition, the Forum will support the development of the energy sector in Thailand and the wider ASEAN region.

Speaking at the launch of the Ministerial Energy Forum, Prof. Dr. Pisut Painmanakul, Secretary to the Minister of Energy, Ministry of Energy Thailand, said, “We are pleased to offer our strong support to Future Energy Asia, and we are delighted to be hosting the Ministerial Energy Forum at this year’s event, which comes at a pivotal moment for the industry and the region.

“Thailand is proud to be carving a new path towards sustainable development. We are committed to carbon neutrality by 2050 and net-zero greenhouse gas emissions by 2065 and we are excited by the opportunity that the event presents to help us achieve these goals, and to showcase our ongoing efforts, including the Bangkok Goals for the BCG Economy.”

The fifth edition of Future Energy Asia is also supported by key companies central to Thailand’s energy transition, including PTT and the Electricity Generating Authority of Thailand.

Alongside the Ministerial Energy Forum, Future Energy Asia will also host a high-level strategic summit, a technical conference, and an international exhibition where industry players will showcase their technologies and services. Key industries that will be participating include, oil & gas, renewables, hydrogen and carbon capture, utilisation, and storage (CCUS), all of which have an essential role to play in achieving net-zero targets, regionally and globally.

Future Energy Asia will be co-located with Future Mobility Asia, a comprehensive showcase of future clean mobility concepts, solutions, technologies, and innovations. The Future Mobility Asia exhibition and strategic & technical conferences will form the central meeting point for OEMs, mobility innovators, after-market suppliers, and technology solution providers to meet, network, and drive forward the mobility transition and transformation in Asia.

The Future Mobility Hub – a first-of-its-kind interactive and immersive showcase – will be a highlight of the Future Mobility Asia exhibition, offering visitors a glimpse into a cosmopolitan city where future mobility and technology are woven into one.

By 2030 Southeast Asia will be the fourth largest global economy, with energy demand expected to have tripled between 2013 and 2040, giving the region an integral role to play in paving the path to net zero. Future Energy Asia and Future Mobility Asia will provide the international community with unparalleled access to industry insights and business leaders transforming the energy value chain and will bring unrivalled benefits to the local and regional industry, including the generation of hundreds of millions in trade value.

Chiruit Isarangkun Na Ayuthaya, President of Thailand Convention and Exhibition Bureau, said, “We look forward to supporting this year’s edition of Future Energy Asia a primary event of focus, especially with the Ministerial Energy Forum. Thailand is a global hub at the centre of the fastest and most important economic growth in the world which is why the issues that will be addressed at this year’s event are so important.”

Christopher Hudson, President of dmg events, organiser of Future Energy Asia, said, “The global energy transition is at the heart of Future Energy Asia and the strong support we have received from the Ministry of Energy and the Thailand Convention & Exhibition Bureau reflects the importance of strategic action in making energy accessible, secure, and affordable for all”.

Know More About Future Energy Asia: Hosted by the Kingdom of Thailand’s Ministry of Energy and organised by dmg events, the fifth edition of Future Energy Asia will welcome over 18,000 visitors to Bangkok, to showcase the vital role that the energy sector has to play in meeting global energy demand and unlocking the potential of a decarbonised future, in Asia and beyond.

The fifth edition of Future Energy Asia will feature:

An exhibition showcasing over 300 companies from more than 70 countries, highlighting the vital role the energy sector has to play in the decarbonised future from a global and Asian perspective.

The inaugural Ministerial Energy Forum brings together 15+ energy ministers, policymakers, and industry stakeholders to discuss pertinent challenges and policy responses around energy accessibility, affordability, and security.

A high-level Strategic Summit on the new market dynamics and innovations that are changing the energy sector including the potential of hydrogen to support the energy transition, decarbonising E&P operations, accelerating investments in new project development, unlocking new technologies in the energy sector, navigating changing gas LNG markets, and the importance of digitalisation in modernising the grid. A Technical Conference convening engineers and project managers across 100+ sessions, enabling the technical skills and knowledge share required to navigate a rapidly changing industry, and offering visitors key insights into vital progress that is being made towards decarbonising the energy value chain.

Know More About Future Mobility Asia: Co-located alongside Future Energy Asia, the second edition of Future Mobility Asia will offer a comprehensive showcase of all future clean mobility concepts, solutions, technologies, and innovations. The exhibition and summit will be central meeting point for OEMs, mobility innovators, after-market suppliers, and technology solutions providers to meet, network, and drive forward the mobility transition and transformation in Asia. Mobility will form a central pillar of the discussions, showcases, and exhibitions taking place throughout the show, including the Ministerial Energy Forum.

Future Energy Asia and Future Mobility Asia will take place at the Queen Sirikit National Convention Center, Bangkok, Thailand from 17-19 May 2023.

Anyone wishing to attend can register:
Delegate – https://www.futureenergyasia.com/delegateregistration/
Visitor – https://www.futureenergyasia.com/visitor-registration
For more information, please visit https://www.futureenergyasia.com/

Post Views: 19

Energy

Shell Lifts Force Majeure On 250,000bpd Bonny Export Terminal, Rises Hope For Nigeria

Published

1 week ago

March 16, 2023

Business Echo Magazine

The Shell Petroleum Development Company of Nigeria Limited (SPDC) said it has lifted the force majeure on its 250,000 barrels per day (bpd) Bonny export terminal with effect from Wednesday, 15 March 2023.

The oil major declared the force majeure on March 3, 2022, following a significant decline in crude receipts at the Bonny Oil and Gas Terminal caused by rampant crude theft and vandalism.

A spokesperson of SPDC who did not want his name in print, announced this yesterday, saying, “The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC joint venture, has lifted the force majeure on Bonny export program with effect from Wednesday, March 15, 2023.

“The force majeure was declared on March 3, 2022 following a significant decline in crude receipts at the Bonny Oil and Gas Terminal.”

On November 22, Shell lifted force Majeure declared on the oil export program from the terminal following a leak on the 150,000bpd Nembe Creek Trunk Line (NCTL), one of the two pipelines that feed crude to the Bonny Light terminal.

Nigeria had suffered severe oil losses in the last one or two years due to the activities of oil thieves and vandals.

The country’s oil output had dropped to an all-time low of 900,000bpd in August 2022, leading to Nigeria’s knockout at some point as Africa’s largest oil producer by Angola, according to the Organisation of the Petroleum Exporting Countries (OPEC) Monthly Oil Market Report for September 2022.

The oil cartel stated that Nigeria’s crude oil production dropped from one million bpd recorded in July 2022 to 900, 000bd in August.

At the height of the embarrassing production underperformance, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, had lamented that Nigeria was losing about 95 per cent of oil production at the Bonny terminal to theft.

“I can tell you, in one line, just less than 200 kilometers, we had 295 illegal connections and you see the data”, Kyari had said.

He had stated that Nigeria was losing nearly all the oil output at Bonny, the town after which its premium oil grade, Bonny Light is named and a key export point for the country

“What is most difficult to manage today is the issue of crude oil theft, it is real and it is happening”, the GCEO had said.

But the country is gradually recovering as production has climbed to 1.3 million bpd owing to a rash of measures jointly taken by the NNPC, private security operatives, and government agencies to tackle crude theft.

Post Views: 34

Energy

Digital Technology: The Backbone Of Net-Zero Emissions

Published

2 weeks ago

March 15, 2023

Business Echo Magazine

Digital Technology: The Backbone Of Net-Zero Emissions

In a net-zero emissions world, digital technologies and solutions will be the backbone of energy systems. The future of energy is decarbonized, decentralized, and digital.

As we progress in this transformative decade for our industry, digitalisation is already transforming the energy industry, by improving efficiency and safety as well as by helping to drive the energy transition.

Read the report “Digital technology: The backbone of a net-zero emissions future”, to understand why digital technologies will be key to the net-zero transition, and to explore the readiness of industry sectors to decarbonise through digitalisation.

For more information about how we can accelerate the energy transition with Web3 technologies, read this complementary article with MIT Technology Review Insights.

Post Views: 33