The coronavirus has been touted as one pandemic that would push countries to embrace a new normal. Having suffered huge revenue losses and witnessed oil prices tank below a level never witnessed, the reality of a new normal became clearer, Read More
Economic recovery: Obasanjo, others seek investment in nature
A fresh international effort is now underway to give a major impetus to new global goal of protecting at least 30 per cent of the planet’s land and ocean by 2030. The post Economic recovery: Obasanjo, others seek investment in nature Read More
Groups seek marine protected areas in Nigeria, others
A virtual meeting on freshwater and marine ecosystems has called for the creation of a marine protected area that incorporates territories in Nigeria, the Democratic Republic of Congo (DRC) and Cameroon. The post Groups seek marine protected areas in Nigeria, Read More
Nigeria backs hosting of COP26 in 2021, pledges to raise climate ambition
As the world grapples with coronavirus, the Federal Government has reiterated its commitment to the 26th session of the Conference of the Parties… The post Nigeria backs hosting of COP26 in 2021, pledges to raise climate ambition appeared first on Read More
‘How operators can survive post-pandemic economy’
For operators in Nigeria’s oil industry to survive in the post-COVID-19 environment, they need to embrace new normal and seek ways to embrace cost optimisation The post ‘How operators can survive post-pandemic economy’ appeared first on The Guardian Nigeria News Read More
‘Increased trade activities post-lockdown to drive VLSFO demand’
An increase in demand for Very Low Sulphur Fuel Oil (VLSFO) that would see prices strengthen is expected as economies begin to recover and trade restrictions lifted. The post ‘Increased trade activities post-lockdown to drive VLSFO demand’ appeared first on Read More
Gas-to-power: Revisiting policies to drive domestic utilisation
Considering its huge reserves and potential for economic transformation, Nigeria is considered to more of a gas nation, against its reputation as an oil-producing country. With many discoveries across Africa, the need to explore gas for domestic development and implement Read More
Stakeholders hail Malami, Adebayo on OGFZA’s takeover of Export Free Zones
Stakeholders in Nigeria’s oil and gas industry, as well as the maritime sector have hailed the takeover of the Export Free Zones involved in oil and gas activities in Nigeria by the Oil and Gas Free Zones Authority (OGFZA), which Read More
Revving up gas utilisation capacity in Nigeria
Presently, the Nigerian economy needs huge capital through foreign direct investment from foreigners or Nigerians in diaspora into critical sectors or industries. The post Revving up gas utilisation capacity in Nigeria appeared first on The Guardian Nigeria News – Nigeria Read More
IOCs urged to mitigate impacts of Covid-19 in oil producing communities
Deputy Chairman, House Committee on Petroleum Resources, Preye Influence Oseke, representing Southern Ijaw Federal Constituency, Bayelsa State, has urged International Oil Companies… The post IOCs urged to mitigate impacts of Covid-19 in oil producing communities appeared first on The Guardian Read More