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.