It has been more than 18 months, and the global semiconductor chip shortage that started last year, is still plaguing various industries. While it is normal for capacity within the industry to have its ups and downs, the severity of the shortage has not been taken lightly by industry players
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The Sahara Group, an energy and infrastructure conglomerate, has said it would invest over $1billion to enhance access to Liquefied Petroleum Gas (LPG) in Nigeria and some other Africa countries and emerging economies through its subsidiary, WAGL Energy Limited. The group explained that the move was part of the ways it
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Nigeria pumped about 155,000 additional barrels of crude oil per day (bpd) in September, to hit an average of 1.451 million bpd, latest data from the Monthly Oil Market Report (MOMR) published by the Organisation of Petroleum Exporting Countries (OPEC), indicated yesterday. It was a major improvement when compared to the
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Samples of Moon rock collected by China’s Chang’e-5 mission have confirmed that lava was still flowing on our closest celestial neighbour as recently as 1.97 billion years ago. The findings paint a picture of a much more dynamic subsurface compared to the mostly static Moon from the present era. The Chinese National
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Seplat, Nigeria’s foremost indigenous oil & gas company has disclosed its readiness to champion the quest to improve Africa’s energy access by repurposing its operations with a focus on cleaner energy. The indigenous oil concern said this flowed from the decision to make sure that the country was committed to carbon
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The Shell Petroleum Development Company of Nigeria (SPDC) and Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) are trading words over the discovery of an alleged toxic waste dumpsite in K-Dere, Gokana Local Government Area of Rivers State. ERA/FoEN through its Programme Director, Mike Karikpo, stated that a team of its
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The German government has pledged €100 million to the African Development Bank’s (AfDB) Sustainable Energy Fund for Africa (SEFA), demonstrating its support for efforts to harness Africa’s renewable energy potential and accelerate the continent’s transition to sustainable energy sources. The announcement was made at the United Nations High-Level Dialogue on Energy,
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There are indications that the price of Premium Motor Spirit (PMS) may hit N320 per litre later this month as the Federal Government has concluded plans to remove subsidy on the product as part of the ongoing implementation of the Petroleum Industry Act (PIA). Report gathered that the skyrocketing oil price,
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A market survey by Peoples Gazette on Sunday has indicated a sharp surge in prices of cooking gas, charcoal and kerosene, putting the essential fuels, used in most Nigerian households, beyond the reach of many. Checks by The Gazette across markets around Nigeria showed that one kilogramme of cooking gas now
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MIT engineers report creating the first high-quality thin films of a new family of semiconductor materials. The feat, which lead researcher Rafael Jaramillo refers to as his "white whale" because of his obsession in pursuing it over the years, has the potential to impact multiple fields of technology if history
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