Consistent Low Oil Price Portends Gloomy Future For Nigeria’s Economy-Avuru

…Investments in the Oil and Gas Sector Dwindling …Pandemic Has Led to Global Economic Meltdown …Gas as an Enabler for Domestic Energy Security …Need for Increase in Non-Oil Sector  -By Felix Douglas   The Nigerian Association of Petroleum Explorationist (NAPE),…

Balancing the economy while saving the planet

“A new research-based framework lets companies make informed decisions balancing economic and sustainability factors when producing biochemicals” If you make your bio-product 100% sustainable it may be way too expensive to produce. If you make it less environmentally friendly, you…

NNPC plans $10 crude production cost

The Nigerian National Petroleum Corporation (NNPC) has commenced plans to crash oil production cost to $10 per barrel. Group Managing Director of the Corporation, Mallam Mele Kyari stated this on Thursday during a virtual engagement with some editors. Kyari explained…

Africa Day: CSOs task African leaders on health, water, agriculture, other

By Gabriel Ewepu AS African Union, AU, formerly known as Organisation of African Unity, OAU, marked 57th Africa Day on May 25, 2020, Civil Society Organisations, CSOs, in Nigeria, Thursday, tasked African leaders on health, water, agriculture, innovative governance, discontinuation…

COVID-19 Intensifies the Urgency to Expand Sustainable Energy Solutions Worldwide

To meet the Sustainable Development Goals (SDGs) targets by 2030, countries must safeguard the gains already attained and accelerate efforts to achieve affordable, reliable, sustainable and modern energy for all. WASHINGTON, May 28, 2020 — Despite accelerated progress over the past decade, the world will…

Downstream Deregulation, Win-Win For All Stakeholders – Operators

Key operators in the Nigerian downstream operation have said that the Federal Government’s decision to deregulate the downstream sector of the nation’s oil and gas industry was a welcome development, however, long overdue. Speaking during the Nigeria Petroleum Downstream Consultative…

Nigeria’s President approves payment to Siemens AG to boost Power Infrastructure

President Muhammadu Buhari has directed the Federal Ministry of Finance, Budget and Planning to release to Germany-based Siemens AG the country’s share of funding in the electricity deal agreed in July 2019, setting up the nation’s power distribution infrastructure for…

Algeria launches programme to develop 4GW of solar capacity by 2024

North African country has an ambitious target of installing 22GW of renewable energy by 2030. Currently, more than 96 per cent of Algeria’s power is generated from thermal power plants. The Algerian government has unveiled plans to develop 4GW of…

2020 Brand Africa 100: Africa’s Best Brands Highlights

LONDON, UK, May 25th, 2020 -/African Media Agency (AMA)/- Today Brand Africa announced the 10th anniversary rankings of Brand Africa 100: Africa’s Best Brands, the pre-eminent survey and ranking of the Top 100 most admired brands in Africa. The rankings were announced…

Saitex founder Sanjeev Bahl on leading innovation in sustainability

“The current situation can be an opportunity for us to redefine sustainability” When it comes to sustainable fashion, Vietnam-based denim brand, Saitex, leads the way. The brand is spearheaded by its founder and CEO, Sanjeev Bahl. Saitex counts Everlane, Madewell…

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