PTI diversifies into renewable energy with new research program - Businessday NG

Contributing sentiments towards policy:

74% : Thus, this conference intends to focus on research in these key areas with the aim of developing local content capacity in oil technology.
66% : He said, "As the world grapples with energy transition utilization of fossil fuels to cleaner and more environmentally friendly sources of energy, the Petroleum Training Institute through this conference has taken a bold step to kick-start research and development effort that takes cognizance of the peculiarity of African's hydrocarbon situation.
63% : In a strategic move reflecting the global energy transition, the Petroleum Training Institute (PTI), has announced its diversification into the field of renewable energy, with its research program.
59% : And I say that because fossil fuels have come to stay.
59% : He explained that the reality of global demand for fossil fuel is expected to linger for the next 50 years.
58% : For him, there is need for African leaders to strive to deepen research and development of local technologies that enable the exploitation and utilization of its oil and gas endowment in a more environmentally friendly manner.
58% : "Today, we are confronted with the stark reality that only a few African countries have been able to master certain aspect of oil production technology and fabricate key machineries for the industry.
57% : Tina Isichie, director of research & development, PTI stated this while briefing journalists on the Institute's forthcoming 'International Conference on Hydrocarbons, Science and Technology (ICHST) 2025' in Abuja on Monday.
54% : And we are partnering with other agencies for research in that area to see how we can reduce our carbon footprint.
54% : "And also to let you know that in PTI, it's not just about petroleum, we are mindful of the energy transition and we're also doing researches on renewable energ," she said.
51% : "Now, there are technologies that are in place to reduce emissions.
41% : Isichie explaining that the Institute is mindful of global energy transition drive, also argued that the issue of fossil fuels being set aside by 2050 or 2060 is a mirage, adding that most industries still rely on other bye products from fossil fuels.
41% : "To start with, the issue of fossil fuels being set aside by 2050 or 2060 is a mirage.
40% : In his remarks, Samuel Onoji, chief executive, PTI insisted that with an estimated 125 billion barrels of crude oil reserves and over 600tcf of natural gas reserves, Africa should not hasten to abandon its fossil fuel.
38% : The 4th Biennial international conference scheduled for next week with the theme:'Transforming Africa's hydrocarbon sector, balancing growth, environment and governance' is expected to host oil and gas industry players, government and academia.

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