Monthly Archives: September 2017

Clean cooking push suffering from poor funding in Africa, others

International organisations said on Monday that funding to boost the numbers of people with access to electric power and clean cooking is too low to meet the global goal for everyone to have modern, reliable and affordable energy by 2030, Reuters reports.

Just over 3 billion people still use traditional, solid fuels like firewood and dung to cook, the latest data shows. Lack of finance to end the use of polluting cooking fuels for cooking is “shocking”, said Rachel Kyte, CEO of Sustainable Energy for All (SEforALL), a body set up by the last U.N. chief.

Close to 90 percent of Bangladeshis lack access to clean cooking, with many relying on poorly vented clay stoves, while more than 70 percent of Nigerians use wood as their main cooking fuel, stoking deforestation, said a report by SEforALL produced with the World Bank, Climate Policy Initiative and the African Development Bank, among others.

Across the 20 countries with the biggest gaps in access, international and domestic investment in residential clean cooking averaged just $32 million a year in 2013-14, compared to an estimated annual need of at least $4.4 billion globally.

Not enough governments – especially in sub-Saharan Africa – treat clean cooking as a priority, she said. And the focus has been on designing more efficient stoves at the expense of providing cleaner fuels, such as gas and solar induction.

Culled from Energy Mix Reports

Posted by deep1

EFCC confirms plans to extradite Alison-Madueke

The Economic and Financial Crimes Commission (EFCC), Thursday confirmed that plans were in place to extradite a former Petroleum Minister, Diezani Alison-Madueke, Vanguard reports.

Speaking while addressing journalists, civic groups and others, the EFCC Acting Chairman, Ibrahim Magu, confirmed the moves to extradite Mrs. Alison-Madueke. He said: “I want you to know that nobody will go unpunished. We are even seeking to extradite Diezani, but investigations are still ongoing.”

“We have reached a level where nobody can stop us in the fight against corruption, but we all must realise that we are all stakeholders, and this fight is for the future generation.”

Culled from Energy Mix Reports.

Posted by deep1

Nigerian October crude cargoes clearing steadily

Traders said on Monday that the number of unsold Nigerian crude cargoes for October loading is getting steadily smaller due to robust demand, amid signs of lower offers for some grades, Reuters reports.

Around 23-24 October-loading cargoes were still available, a trader said, down from Friday’s estimate of closer to 30.

Qua Iboe was offered at dated Brent plus $1.70-$1.75 a barrel, a touch lower than on Friday, with value pegged closer to dated plus $1.40.

 

Culled from Energy Mix Reports

Posted by deep1