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Can we geo-engineer our way out of climate change?

With fires, storms, record-breaking temperatures and changes in the natural environment, there is growing evidence that our earth’s systems are becoming increasingly unstable. This has potentially catastrophic consequences. Public debate often places climate risks in the context of “this century” or “by 2100”. But scientists are increasingly highlighting the risks …

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Azura IPP to add 459MW by 2019

Azura Independent Power Project, IPP in Edo State will add 459megawatts to Nigeria’s national grid by 2019. This was made known by the Chief Executive Officer of Siemens Nigeria (handlers of the power plant) Mr.Onyeche Tifase. In a statement signed by Keshin Govender, media relations officer of the company, the …

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Greenville to Invest $850m in Mini-LNG Plant in Nigeria

Greenville Oil and Gas Limited, Tuesday, said it would invest a total $850 million in the construction of a mini-Liquefied Natural Gas facility in Nigeria. Speaking during the signing of a Gas Sale and Aggregation Agreement with the Federal and the Nigerian National Petroleum Corporation/Total Exploration and Production Nigeria Joint …

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Ajaokuta: How 50% equipment was carted away by GINL

Over 50% of the infrastructures inside the Ajaokuta Steel Company have been carted away by Pramod Mittal’s Global Infrastructure Nigeria Limited, GINL, Sweetcrude Reports has learnt. This claim was made by Senator Dino Melaye in a speech before the Senate Committee Public Hearing on the matter. The Senator revealed that …

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Alleged unrecovered TSA Funds: We have no hidden accounts- NNPC

The Management of the Nigerian National Petroleum Corporation, NNPC on Friday provided an informed perspective to the trending media report alleging that the Corporation colluded with some banks to prevent the remittance of $793.2m into the Treasury Single Account, (TSA), scheme as directed by the Federal Government. The NNPC in …

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China shipper Cosco to buy HK rival OOIL for $6.3bn

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn). The deal would make Cosco the world’s third biggest shipping company, with more than 400 vessels. OOIL’s majority owner has accepted the bid, though the sale will still need regulatory approval. It would be …

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