The World Bank in a recent study on the African Continental Free Trade Area (AfCFTA), said the trade pact represents a major opportunity for countries to boost growth, reduce poverty, and broaden economic inclusion.

It stated that if implemented fully, the AfCFTA could boost regional income by 7% or…

Again, the Federal Government has been urged to declare Anambra State as an oil-producing state.

Anambra State chapter of the Host Communities of Nigeria Producing Oil & Gas (HOSTCOM) which made the call said it said would enable the state attract more development and revenue.

The Chairman,…

The country’s earnings from the oil and gas sector dropped by 2.6 percent in the first quarter of 2020 the Central Bank of Nigeria has disclosed.

The Apex bank in a statement said Nigeria’s earning went down from N1.6 trillion realised in the fourth quarter of 2019 to N1.5 as…

JOHANNESBURG, July 2020 – Cloud computing offers unique opportunities to drive inclusive growth and economic transformation in Africa by developing the digital economy and supporting artificial intelligence (AI) opportunities.

This was the message emerging from this week’s HUAWEI CLOUD Summit Africa 2020, an online event to unpack the opportunities of cloud computing…

The Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva will today, August 4, 2020 inaugurate the project committee for the development of the Oloibiri Museum and Research Center (OMRC).

The Nigerian Content Development and Monitoring, NCDMB in statement said the important event will be held virtually.

In less than five days, Lagos State recorded two explosions with yesterday’s claiming two lives and leaving five others seriously injured, Orient Energy Review reports.

The incident occurred at about 4:30pm near Wema Bank Bus Stop, between Coker and Alafia Bus Stops, in Ajeromi Ifelodun Local Government Area, barely five…

Forum Energy Technologies has developed and demonstrated the ability to remotely operate Workclass and Observation Class (Perry and Sub-Atlantic) ROV systems between an offshore vessel and a remote location, Orient Energy has learnt.

 Forum in a statement on Monday said the new capability brings major opportunities to adapt operational practices…

The Nigerian National Petroleum Corporation (NNPC) has announced the death of Joseph Dawha, who was its 16th Group Managing Director (GMD).

The Corporation in a statement by its Spokesman, Kennie Obateru on Monday stated that Mr Dawha died after a brief illness.

The GMD, Mele Kyari, expressed shock over…

The Shell Petroleum Development Company of Nigeria (SPDC) has begun discussions with 12 host communities in Bayelsa which demanded upward review of development obligations.

SPDC’s Media Relations Manager, Mr Bamidele Odugbesan, gave the assurance in an interview with the News Agency of Nigeria on Saturday in Yenagoa.

SPDC has…

The African Energy Chamber has appointed an advisory committee to assist in developing new African business models and solutions to the global de-carbonization challenge. This is on the conclusion that the Covid-19 pandemic is set to accelerate the global energy transition, the Chamber said in a statement on Friday.

The…