Indigenous oil and gas conglomerate, Energia Limited said current production from its Emuebendo oil well, located on Oil Mining Lease, OML 56 in Kwale, Delta State, is now about 1,800 barrels of oil equivalent per day, bpd.

Although the well is capable of producing up to 2,500bpd, but the company said it is restricting output to 1,800bpd because it is producing only from one well and with a small storage facility.

A coalition of civil society organizations in the country has condemned the non- passage of the Petroleum Industry Bill, PIB, by the outgoing National Assembly before the expiration of their tenure last week.

MAY 29 Presidential inauguration came and went, and the 6th session of the National Assembly also ended, but the long awaited Petroleum Industry Bill, PIB, never got the approval of the legislators or President Goodluck Ebele Jonathan’s accent, as promised.

With $7.6bn, about N1.15tn spent on importing an estimated 8.1million metric tons (MT) of petroleum products from around the world in the last eleven months, including non-oil producing countries, even in Africa like the troubled Cóte D’Ivoire, and Togo, Nigeria remains very far from energy sufficiency.

One of the GSM oerators in the country, Globacom, in partnership with Hewlett_Packard, HP, last week, unveiled an innovative offer that would enable millions of Nigerians to own to-end internet-equipped netbooks.

WORKERS in nation’s petroleum industry, have given conditions under which companies operating in the country’s oil and gas industry should be allowed operate within the ambit of local content Act recently signed into law by President Goodluck Jonathan. Under the umbrella of Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN and its Nigerian […]

Renowned university don and environmentalist, Prof Godini Darah yesterday said the pain caused by the over fifty years of neglect inflicted on the people of the Niger Delta is such that no amnesty programme could heal.

Yenagoa- For almost one week, the women of Koroama community in the Gbarain Kingdom laid siege to the Anglo-Dutch oil giant, Shell Petroleum Development Company (SPDC) facility in their community disrupting operations.

AS Nigeria is busy tinkering on the creation of a distinct Maritime Security Agency to provide the much needed security for its maritime, oil and gas installation and businesses, neighbouring and equally oil rich Equatorial Guinea has awarded a whopping $250Million contract to provide coastal surveillance for that country’s equally vast aquatic resources.

Peter and Paul Cole are two young brothers that have transverse the Nigerian maritime industry for fourteen years.

In this interview with Godwin Oritse of Sweet crude, the shipping experts opined that the maritime industry is bedeviled by so many problems one of which is the issue of pilferage a menace they say has created a very bad image for the country before the international shipping community.