Tag: Covid-19
Covid-19: NCDMB donates ventilators to hospitals in Bayelsa
The Nigerian Content Development and Monitoring Board, NCDMB, has donated ventilators to some hospitals in Bayelsa State as part of its corporate social responsibilities...
IRENA’s World Energy Transition Day Kick-Starts Crucial Assembly Meeting
The International Renewable Energy Agency’s (IRENA) 11th Assembly started today (Monday) and takes place virtually setting the course for a critical year of global...
Smart Cities Market Boom: 500 Urban Areas to Adopt Digital Twin...
Over 500 urban areas around the world are expected to adopt Digital Twin technology by 2025, a research has revealed.
The increased demand for Digital...
No Going Back on Petrol, Electricity Subsidies – FG Insists
The Federal Government has said that it does not have any plan of rescinding its policy on subsidy removal on Premium Motor Spirit (PMS),...
Ghana to Welcome Africa’s First Offshore Gas Terminal
A floating regasification unit (FRU) that will allow Ghanaian customers to access Liquified Natural Gas (LNG) is expected to arrive in the country in...
OPEC+ Resolve Impasse on Output: Saudi Arabia Deepens Cut, Others Rollover...
The impasse on OPEC+ production level for the months of February and March 2021 which resulted in the extension of the group’s meeting to...
OPEC Stays on Existing Production Cut Despite Vaccine-Induced Optimism
…Says OPEC Achieve Biggest Production Cut in 2020
The Organsiation of Petroleum Exporting Countries and its allies (OPEC+) have failed to reach a consensus...
Marginal Oilfield Bid Round: DPR Shortlists 161 Companies for Final Stage
The Department of Petroleum Resources (DPR) said that it has successfully shortlisted 161 companies to advance to the final stage of the bid round...
Oil Set to Drop by 20% as Fresh Lockdowns Weigh
The resurgence of the coronavirus at different pace, in different parts of the world is projected to occasion a 20 per cent drop in...
Stakeholders Express Concern Over Aging Trucks on Nigerian Roads
The state of trucks on Nigerian roads has been a source of concern to stakeholders in the haulage industry, stressing that the life span...
Oil Price Slips as New Coronavirus Strain Spreads
Oil prices slips on Tuesday, extending sharp losses overnight, as the rapid spread of a new strain of the novel coronavirus in the United...
COVID-19 Recovery Offers Opportunities to Address Climate Crisis – IRENA
On 12 December 2015, virtually all countries adopted the Paris Agreement, pledging to keep the rise in global average temperatures this century to well...
Oil Slips as Gloom Grows Over Soaring COVID-19 Cases, Lockdowns
Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown through Christmas and coronavirus...
Oil Falls After OPEC+ Talks Delay Sets Off Supply Alarm
Oil prices fell on Tuesday as concerns over mounting supply returned to the fore after leading producers delayed talks on 2021 output policy, while...
OPEC Continues Discussion on Oil Recovery, Production Cut
The Organisation of the Petroleum Exporting Countries will, on Tuesday, continue its discussion on the extension oil production cuts as it set its sights...
OPEC Predicts Robust Oil Demand by 2025
The secretary of the Organisation for Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, has predicted that the outlook for oil demand is expected to...
Europe Faces Renewed Lockdowns, More Refineries Risk Closures
With fuel demand in Europe falling again as major economies re-imposed lockdowns to fight the spike in coronavirus cases, it is believed that more...
NNPC Cuts Losses in One Financial Year by N800bn – GMD
The Group Managing Ddirector of the Nigerian National Petroleum Corporation (NNPC), Engr Mele Kyari, has said that the apex oil corporation is the only...
Covid-19: Middle East Oil Producers Drowning in Debt
Oil producers in Arab Gulf are reportedly losing billions of U.S. dollars from oil revenues this year due to the impact of the Covid-19...
Africa Energy Chamber Sees Increased Gas-Monetisation in the Continent
The African Energy Chamber has released The Africa Energy Outlook 2021, with the forecasts for increased gas monetisation across the continent on the back...
