ABUJA – THE European Union has blamed the Nigerian system for the country’s inability to generate enough energy to meet local demand as well as help propel industrial and economic growth and development.

NIGERIAN explorer,Oando has been selected by the state-owned Ghana National Petroleum Corporation (GNPC) as a strategic partner to develop assets and infrastructure to harness gas from the deep-water Jubilee field in the Cape Three Points basin.

THE Movement for Emancipation of the Niger-Delta has dismissed the government’s amnesty programme as a propaganda exercise aimed at hoodwinking companies to return to the Niger Delta and pump production back up while the militant threat persists. In an emailed communique to journalists Mend said it will resume attacks against the oil industry at the expiration of the cease-fire on 15 October.

THE proposed Petroleum Industry Bill (PIB), has continued to receive knocks from stakeholders and other concerned individuals and groups with workers in the upstream sector of the petroleum industry faulting among others, the absence of specific provisions on expatriate quota and local manpower training.

CONCERNED that majority of the vessels providing marine services to International Oil and Gas Companies (IOCs) in their upstream and downstream operations are neither registered with NIMASA nor compliant with requirements under the Cabotage Act, the nation’s maritime regulator, NIMASA has come out with a raft of new measures to boost the country’s shipping tonnage.