Mira Update On Re-Entry, Testing Of Tom Shot Bank 1 Well
Posted by chinedu.maduka on Nov 28, 2011 | Leave a Comment
By Margaret Nongo-OKOJOKWU
Mira Resources and its wholly owned subsidiary Equinox TSB Development (Nigeria) have announced an operational update on re-entry and testing program for Tom Shot Bank 1 well (TSB1).
Further to the preliminary results from the newly acquired cased-hole logs in TSB1 announced on November 16, Mira has continued to refine the processing and interpretation of the logs. The updated logs indicate...
Umuorie Oil Spillage: FENRAD Accosts Shell
Posted by chinedu.maduka on Nov 28, 2011 | Leave a Comment
Once again, the global oil giant, Shell, is in the news for another oil spillage. This time around, the victims are the people of Umuorie in Abia State. And an FENRAD, an environmental and human rights activist group, insists Shell must make amends
By Margaret Nongo-OKOJOKWU
The woes of international oil giant, Shell, are far from over. Yet another oil spillage has been discovered in Umuorie community, between Ukwa West...
Lagos To Deliver Gas To One Million Homes
Posted by chinedu.maduka on Nov 28, 2011 | Leave a Comment
The Lagos State government said it plans to deliver Liquefied Petroleum Gas, LPG, also known as cooking gas to one million homes within the next four years. The Commissioner for Energy and Mineral Resources, Mr. Toafik Tijani, also said the state government plans that 50 percent of its vehicles will run on gas, 10 percent on private vehicles and also use it to independent power project, IPP.
Speaking at a recent gas conference,...
Sirius Petroleum Farms Into The Ororo Marginal Oil Field In OML 95
Posted by chinedu.maduka on Oct 17, 2011 | Leave a Comment
Sirius Petroleum Farms Into The Ororo Marginal Oil Field In OML 95
Sirius Petroleum, an investing company focused on oil and gas exploration and development opportunities in Nigeria, has entered into a Financial and Technical Services Agreement (FTSA) with Owena Oil and Gas and Guarantee Petroleum Company in relation to a proposed investment in the Ororo marginal oil field which is located in Oil Mining Lease 95...
Recovering Oil From The Sun
Posted by chinedu.maduka on Oct 17, 2011 | Leave a Comment
Recovering Oil From The Sun
The hope of future solar energy revolution rises further as Chevron Technology Ventures, CTV’s, use of solar-thermal power plant in oil production marks another milestone in solar technology advancement
By Margaret Nongo-OKOJOKWU
When solar energy was discovered and introduced to the world as an alternative power source, it came to many as a relief. To us in Africa and, Nigeria...
Oil Bunkering: The WikiLeaks’ Exposé
Posted by chinedu.maduka on Oct 09, 2011 | Leave a Comment
Oil Bunkering: The WikiLeaks’ Exposé
Oil Bunkering: The WikiLeaks’ Exposé
By Margaret Nongo-OKOJOKWU
“Oil theft siphons off the “life-blood” of the Nigerian economy for private gain before taxation or crediting to the national account. Various experts have estimated the volume of oil theft at between 100,000 and 250,000 barrels per day or as much as 91 million barrels per year. This amounts to billions of...
LOGISTIC WEST AFRICA – CWC Group Announces Launch of Logistics West Africa.The CWC group are proud to announce the launch of their new Conference and Exhibition, Logistics West Africa to take place in Lagos on 1-3 November 2011.
Posted by chinedu.maduka on Sep 07, 2011 | 1 Comment
The CWC group are proud to announce the launch of their new Conference and Exhibition, Logistics West Africa to take place in Lagos on 1-3 November 2011.
Logistics West Africa brings together the biggest companies and operators of the largest mega projects in energy, Infrastructure players including large civil engineering firms and construction consortiums, the government regulators, owners of the transport links, and...
So Much For A Petroleum Bill – By Margaret Nongo-Okojokwu
Posted by on May 12, 2011 | Leave a Comment
When recently President Goodluck Jonathan, while canvassing for public support and goodwill for himself in the forthcoming April presidential election, announced to stakeholders in the oil and gas sector that the long awaited Petroleum Industrial Bill, PIB, would be passed into law before May 2011, many Nigerians received the news with broad smiles and utmost optimism, though foreign investors may not have found...
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