By Godwin Emefiele As many people are now aware, the outbreak of the Novel Coronavirus Disease (COVID-19) in China has rapidly permeated and profoundly changed the world. While this crisis is first and foremost a public health issue, which has claimed the lives of over 123,600 people worldwide, and counting, the economic damages are unprecedented…
During the public holidays, the alliance of OPEC+ producers, G-20 energy ministers and other oil producers reached a landmark deal which could cut close to 15.0mb/d from global oil supply. The details of the deal include; A 9.7mb/d oil production cut from OPEC+ producers for two months ending in June 2020. Over the next six…
The Minister of Power, Mr Saleh Mamman, has said that the Federal Government has yet to take a decision to supply free electricity to Nigerians for two months. The minister’s statement came after power distribution companies said that the two-month free electricity which they announced on Wednesday would be paid for by the National Assembly…
By Oke Peter Sequel to the declaration of COVID-19 pandemic as a world-wide emergency, organiser of the global investment meeting for Africa’s power, energy, infrastructure and industrial sectors, Africa Energy Forum (AEF), EnergyNet Limited has identified with the victims of the pandemic across the world. In a statement signed by its Head of Marketing, Amy Offord,…
By Oke Peter In recognition of the unprecedented global challenge associated with the current COVID-19 pandemic. The organiser of world’s foremost event where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters, Offshore Technology Conference (OTC) has announced the postponement of the 2020 edition…
