ROSATOM announces 6th online video nuclear tech competition – Newstrends
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ROSATOM announces 6th online video nuclear tech competition

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  • Supports youths advancement in nuclear technologies

ROSATOM, a Russian energy company and a leader in global nuclear technologies, has launched its 6th Annual Online Video Competition for African youths.

The competition, open to students and young professionals between the ages of 18 and 35, encourages the youth to explore nuclear technologies to solve problems for the benefit of their region.

A statement by the company on Wednesday, which stated these, added that the competition running since 2015 had inspired hundreds of young people across the continent who had taken up careers in the nuclear industry.

Chief Executive Officer of ROSATOM Central and Southern Africa, Ryan Collyer, said nuclear technologies are at the heart of many innovations that Africa could benefit greatly from.

He stated, “ROSATOM strongly believes that the youth need to play a vital role in achieving the United Nations Sustainability goals and more specifically in the fight against climate change.

“Rosatom puts a great deal of resources into supporting youths to foster their talents and share their views and ideas. We are confident that nuclear can help to archive the UN Sustainability Goals in Africa, not only through clean and affordable energy, but also through life saving medical procedures and technologically advanced agricultural practices.

“Through this competition, we hope that the youth will educate themselves and their peers on the immense benefits that nuclear technology has to offer.”

Giving some details about the competition, the statement said the participants are encouraged to post their videos on Facebook, following the formal guidelines set out below and submit their applications to the email [email protected] or by the link to online submission form https://tinyurl.com/RosatomAfrica.

It stated tha that the top three winning videos will be selected by an independent expert panel observing various criteria including original content and creativity, overall quality of the video and content, accuracy and relevance of technical content, as well as ability to clearly communicate the content to an audience.

It added the makers of the top three videos would be rewarded with an all-expense paid trip to Russia, where they will get the opportunity to visit several of the country’s world-renowned tourist attractions as well as various nuclear institutions and advanced nuclear facilities.

The firm listed those on the jury as representatives of nuclear enterprises such as ROSATOM, Nuclear Power Plants Authority (NPPA, Egypt), media practitioners like Influence Communications (Egypt) and regional nuclear NGOs Women in Nuclear South Africa (WinSA), African Young Generation in Nuclear (AYGN) and Nuclear Corporation of South Africa (NESCA).

IT gave the deadline for the submission of entries as 31st January, 2021.

“The potential topics for video production are but, not limited to: How can nuclear technologies assist in achieving the United Nations Sustainable Development Goals (UNSDGs) in Africa or your country; how can nuclear technologies help developing countries industrialise; how can non-power related nuclear science and technology benefit your country or community; nuclear in our everyday lives; and myths and fears about nuclear and how to overcome them,” it stated.

As part of the guidelines for the competition,  it said participants could be an individual or a team of one to three people allowed to submit one application; video duration must not exceed 75 seconds; video narration language is either English or features English subtitles; both professional and smartphone videos are acceptable, but the video quality must be at least 720p HD quality; video could be live-action or animation; name(s) of the creator(s) and the name of the university (if so) must be written in the first frame of the video; the video must be published on Facebook with no restrictions on its visibility for any Facebook visitors.

Other guidelines provided that the post must tag @RosatomAfrica and @RosatomMENA Facebook page and contain hashtags: #Nucleardoesntwastetime, #AtomsforAfrica, #RosatomCompetition; no copyright violations (all videos should be compliant with Copyright and Rules for posting Content set up on Facebook); no harmful or offensive behaviour, discrimination of any kind, and being friendly and polite.

It said in the over five years of running the competition, 51 winners had received awards and prizes and one-third of them visited Russian nuclear facilities in Moscow, Obninsk, Tomsk and Voronezh.

The statement said the competition was selected by IAEA for its technical meeting on using social media for public communication and stakeholder involvement for nuclear programmes and was featured in international and regional media such as Reuters, The Guardian, AllAfrica, ESI Africa, Engineering News, The Citizen, and Business Report

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Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation

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Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation

The exchange rate between the naira and the dollar ended the year at N1,535/$1 representing a 40.9% depreciation for 2024.

The official exchange rate between the naira and dollar closed in 2023 at N907.11/$1 thus depreciating by 40.9% for the year which compares to a 49.1% devaluation at the end of 2023.

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Nigeria introduced several foreign exchange policies in 2024 as the central bank expanded on market-friendly forex policies to attract foreign investors.

Meanwhile, on the parallel market where the exchange rate is sold unofficially, the naira exchanged for N1,660 to the dollar when compared to N1,215/$ according to Nairametrics tracking records. This represents a 26.8% depreciation.

 

Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation

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Warri refinery: Marketers hopeful of further petrol price drop

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Warri refinery

Warri refinery: Marketers hopeful of further petrol price drop

There was excitement on Monday as the Warri Refining and Petrochemical Company (WRPC) commenced partial production.

This is coming after nearly a decade of dormancy as the 125,000 barrels per day refinery was confirmed to be working at 60 per cent capacity, according to the Nigerian National Petroleum Company Limited (NNPCL).

The refinery, inactive since 2015 due to prolonged repairs, reportedly began refining activities last Saturday at its Area 1 plant, where crude oil was successfully pumped into the system.

This was coming about a month after the commencement of operations at the 60,000-barrel-per-day-old Port Harcourt Refinery.

The NNPCL Group Chief Executive Officer, Mele Kyari, announced the resumption of operation at the Warri Refinery during a tour of the facility on Monday.

Kyari was seen in a video posted by Channels TV addressing a tour team, which included the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed.

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Earlier, Kyari explained that the inspection aimed to show Nigerians the level of work completed so far.

He said though the repairs on the facility were not 100 per cent complete, operations had commenced.

He said, “We are taking you through our plant. This plant is running. Although it is not 100 per cent complete, we are still in the process. Many people think these things are not real. They think real things are not possible in this country. We want you to see that this is real.”

With the addition of Warri Refinery, Nigeria’s refining capacity has further increased with marketers anticipating a further reduction in price of premium motor spirit (PMS).

The 650,000-barrel Dangote Refinery has commenced production in addition to the Port Harcourt Refinery with a total capacity of 210,000 barrels per day (bpd) comprising 60,000 bpd for the old plant and 150,000 bpd for the new plant.

It’s good for business, prices may reduce – Marketers

Major Energy Marketers’ Association of Nigeria (MEMAN) and the Independent Marketers Association of Nigeria (IPMAN) welcomed the revival of the Warri refinery, saying it would deepen competition, diversify supply and ultimately resort to price reduction.

Executive Secretary of MEMAN, Clem Isong in a chat with our correspondent stated that the Warri Refinery is the shortest route to the North, describing its revival as good news.

“The market becomes more competitive and we are diversifying supply,” he said.

On whether it would lead to price reduction, he stated, “There are many factors that affect price, competition is always good and you can always get your product at the best price.”

National Public Relations Officer of IPMAN, Alhaji Olanrewaju Okanlawon in a chat with our correspondent said, “If there is excess supply, it will keep bringing down the price. We now run a free market and it is about demand and supply. It will continue bringing down the price. It will decongest Lagos.”

Energy expert, Dr. Ayodele Oni said the resumption of Warri Refinery would boost the local refining capacity in addition to enabling the country to sell to other neighbouring countries.

“We can refine more and even have some to sell. We now stop being hewers of wood and drawers of water. We add value to what we produce and can make/ do more with our base resources. This is very pleasant news,” he said.

Warri refinery: Marketers hopeful of further petrol price drop

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Shell, partners employ 133 young graduates after internship engagement

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Shell, partners employ 133 young graduates after internship engagement

Shell Petroleum Development Company of Nigeria Ltd (SPDC) and its partners have offered jobs to 133 young graduates after their engagement in internship programme.

They are part of 170 young graduates that benefitted from the NCDMB/PETAN/SPDC JV Graduate Internship programme attached to indigenous technical oilfield service companies in the upstream and downstream sectors for hands-on experience.

A statement obtained on Monday said the 133 employed by the companies indicated the success of the programme as a talent pipeline for the oil and gas industry in Nigeria.

It disclosed that the latest batch of 49 intakes graduated at a ceremony in Port Harcourt early this month after completing their internship which began in 2022.

Speaking at the ceremony, Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, commended the Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture for the support for the programme, helping to build local manpower for a critical sector of the economy.

SPDC and PETAN had jointly set up the programme in 2014 whereby young graduates are attached to the over 100 member companies of the organisation with SPDC paying them monthly stipends.

From 2022 when the Nigerian Content Development and Monitoring Board (NCDMB) joined the collaboration, the programme has run for two years with 100 intakes.

The NCDMB/PETAN/SPDC JV Graduate Internship programme has been lauded as a key human capital development initiative which is central to the promotion of Nigerian content in the oil and gas industry.

SPDC’s General Manager Nigerian Content, ‘Lanre Olawuyi, said, “The internship is more than a learning opportunity. It provides fresh graduates with technical expertise, equipping them with the practical skills needed to excel in their careers.

“It aligns with SPDC’s broader educational initiatives, contributing significantly to the actualisation of the UNESCO ‘Education for All’ agenda and the Sustainable Development Goals in Nigeria, particularly in the Niger Delta.

“We owe the success of the programme to the untiring support of our JV partners, the Nigerian National Petroleum Company Limited (NNPCL,) TotalEnergies and Nigerian Agip Oil Company Limited for which we’re grateful.”

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