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Nigeria’s March Rig Count Diminishes by One
-By Fred Ojiegbe
Nigeria’s rig count for the month of March witnessed reduction by one, having recorded six as against seven recorded in February, data from the Organisation of Petroleum Exporting Countries (OPEC) Monthly Oil Market!-->!-->!-->…
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NPA, NLNG Commence Plans To Curb CO2 Emissions
The Nigerian Ports Authority (NPA) and the Nigerian Liquefied Natural Gas Limited (NLNG) have commenced moves to reduce carbon dioxide emission, and embrace the use of cleaner and safer sources of energy.
Speaking at the just concluded!-->!-->!-->…
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Pinnick’s FIFA Council Seat Win, Good for Africa…
The world football governing body boss has congratulated the Nigerian football administrator Amaju Pinnick on his success at the 43rd CAF Ordinary and Elective General Assembly polls held recently.
FIFA President Gianni Infantino is!-->!-->!-->…
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Oil majors’ green energy pivot hammers Africa’s largest economies
The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya today, shows the heavy toll of a slump in oil-industry investment.
The nation’s production has fallen by more than a!-->!-->!-->…
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National oil giants risking $400bn on projects that would push emissions ‘beyond Paris…
One-fifth of expected investments in the oil & gas sector by state-owned energy companies are economically unviable if global warming is to be kept within 2 degrees Celsius, according to new research from the Natural Resource!-->…
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NNPC Records 54% Increase in Trading Surplus for November
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.43billion for the month of November 2020 up by 54% when compared to the ₦8.71billion surplus recorded in October 2020.
This is contained in the!-->!-->!-->…
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Schneider Electric Accelerates its Sustainability Strategy
…Comes Top in Corporate Knights Ranking of World’s Most Sustainable Corporations
Schneider Electric, the leader in the digital transformation of energy management and automation, on Monday, doubled down on its long-standing!-->!-->!-->…
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Nigeria seeks bank documents to overturn $9.6bn P&ID case
Nigeria is seeking documents from 10 banks, including Citigroup Inc. and JPMorgan Chase & Co., in a bid to overturn a $9.6 billion arbitration award related to a business deal that the country contends is shrouded in allegations of!-->…
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JUST IN: Another Deadly Virus Detected In China
*The virus has already killed a man from Yunnan Province. Hantavirus is spread mainly by rodents
While the world is still battling with Coronavirus, another deadly virus, Orthohantavirus popularly referred to as Hantavirus, has!-->!-->!-->!-->!-->…
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OPEC+ Succumbs to Saudi Pressure to Redistribute Oil Cuts
-By Gideon Osaka
The Organisation of Petroleum Exporting Countries, OPEC+ is expected to adjust its output target and redistribute production cuts between its members as a result of pressure from Saudi Arabia, which has long carried an!-->!-->!-->…
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