NEWS

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…

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…

A Nigerian natural gas supply company, Green Liquified Natural Gas (GLNG), has won a grant from the U.S. Trade and Development Agency (USTDA) to support Nigeria’s increased utilization of natural gas for power generation, local industry…

State governors from the south east region of Nigeria have called on the federal government to include the region in the national rail and gas network. The governors who made their position know last Sunday, said they would support the…

African Development Bank has approved a $53.25 million multi-country grant to The Gambia, Liberia and Sierra Leone in the form of direct budget support to bolster efforts to fight the COVID-19 pandemic in the three West African countries. …

Stakeholders in the oil and gas sector in Nigeria have calls for a review of the localisations of oil and gas free zones for global competitiveness. The stakeholders spoke at the Webinar organised by SING Nigeria, a good governance and…

Global oil prices fell yesterday as the US oil price data showed a surprise rise in the country’s crude inventories, and as tensions escalated between the US and China. Reuters said the international oil benchmark, Brent crude, fell 55…

Staying true to a strategic partnership agreement signed in early January, Mammoet has supplied LADOL with the heavy lift terminal crane – Mammoet Terminal Crane, MTC 15, which has turned LADOL’s quayside into a heavy lift terminal. A…

A COVID-19 dashboard has been launched by the Commonwealth Secretariat to help member countries make vital decisions during the ongoing crisis.The Commonwealth COVID-19 Dashboard is now live and offering crucial data and analysis to help …

An environmentalist, Mr Adewole Taiwo, has called for the adoption of Deposit Refund Scheme as in Europe and United States, to curb the growing rate of plastic waste pollution in the country. Taiwo who is also the Executive Director at…

Worried about the level of environmental pollution going in Nigeria, some climate change stakeholders on Monday met to deliberate on how best to reduce the risk posed by environmental pollution and hazardous chemicals in the country. At…

Sparrows Group has enhanced its position in the US industrial market after securing a key distributor agreement with SKF. SKF is one of the world’s largest lubrication system, bearing and seal specialists. As part of the agreement,…

The Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, Mele Kyari will on Tuesday appear before the House of Representatives Committee on Public Petition over the sack of some of its workers, including…

The COVID-19 pandemic is said to have affected the drilling market both in terms of wells drilled and in terms of related demand for drilling equipment. The number of drilled wells globally is expected to reach around 55,350 this year, the…

International shipbuilders, Samsung Heavy Industries (SHI), has that it is developing innovative methods that would assist in modernizing shipbuilding in Nigeria. The company said it has commenced research across multiple centres in…

       …77 seafarers taken hostage in 2020       …98 cases of piracy, armed robbery in first half 2020 A report has said that crew kidnappings and violent attacks on vessels in the Gulf of Guinea have soared in 2020, with 77 seafarers…

…53 Piracy Attacks Reported as at July 6, 2020 United States of America has issued a Maritime Security Communication with Industry (MSCI), to guide vessels transiting through the Gulf of Guinea, alerting vessels of…

The G20 countries has announced the commitment of at least $267.1 billion to support different energy types through new or amended policies since the beginning of the pandemic, as of July 15, according to a report by …

Nigeria’s petroleum resource ministry has assured that in the next two weeks the revised Petroleum Industry Bill (PIB) will be with the lawmakers of the National Assembly for passage into law. The Minister of State in charge of the…

A new report released by consulting firm Mercom Capital Group said investments in solar energy projects by corporates reached $4,5 billion during the first half of 2020. The 1H and Q2 2020 Solar Funding and M&A Report highlight a…