Friday, November 29, 2024

NNPC Says Nigeria’s Oil and Gas Reserves are Running Out

From TV360Nigeria The Nigerian National Petroleum Cooperation has warned that the Nation’s oil and gas reserves are already depleting. Nigeria was Africa’s largest economy and its top oil producer, but its public finances have suffered as the price of crude oil dropped around the world. The economic crisis has also worsened due to attacks on the country’s pipelines by militants

DTE to Put $1-$1.5 Billion of New NatGas Generation in Place of Coal

After announcing $1.3 billion Marcellus/Utica midstream purchase, DTE says it will replace coal with 1 Gigawatt of NatGas Capacity Michigan’s DTE Energy (ticker: DTE) is making good on its dive into natural gas. Last Monday the company announced a $1.3 billion gas infrastructure buy in the Marcellus and Utica, followed Wednesday with the announcement of an equity offering to pay for the