Jumat, 19 April 2013
Libya Investigates Pipeline Explosion
Libya says it is investigating the cause of an explosion late on Tuesday on its pipeline conveying oil and condensate to the eastern port of Zueitina.State energy firm, National Oil Corporation, NOC, said the blast happened at 10 pm local time on a section of the pipeline linking Field 103, which is operated by Zueitina Oil company, to the export terminal.But, Zueitina workers said repairs were
Kamis, 18 April 2013
CNPC, Petronas Target Angola Oil, Gas Fields
China National Petroleum Corporation, CNPC, and its Malaysian counterpart, Petronas, are to bid for stakes in two oil and gas fields off Angola. The fields are owned by Marathon Oil.Reuters reports that this could be the third major energy deal to be sealed this year in Africa by Asian state energy firms looking for fresh sources of fuel for their economies.It estimated that at least $6 billion
Rabu, 17 April 2013
The South China Sea Is An Important World Energy Trade Route
The South China Sea is an important world energy trade route.Stretching from Singapore and the Strait of Malacca chokepoint in the southwest to the Strait of Taiwan in the northeast, the South China Sea is one of the most important energy trade routes in the world. Almost a third of global crude oil and over half of global liquefied natural gas (LNG) passes through the South China Sea each year.
Selasa, 16 April 2013
Agip Accused Of Negligence Over Pipeline Leaks
The Environmental Rights Action/Friends of the Earth, ERA/FoE, has accused Nigerian Agip Oil Company, NAOC, of negligence in its operations with reference to the increasing rate of leakages from its pipeline on the Taylor Creek area of Ikarama community in Yenagoa Local Government Area of Bayelsa State.NAOC shut its operation in its swamp area oil fields in Bayelsa State on Monday, which produces
Senin, 15 April 2013
Contested Areas Of South China Sea Likely Have Few Conventional Oil And Gas Resources
Contested areas of South China Sea likely have few conventional oil and gas resources.Several countries have overlapping territorial claims to portions of the South China Sea, which stretches from Singapore in the southwest to Taiwan in the northeast. The Spratly Islands and Paracel Islands are two of the most contested areas (see dark blue islands on map above). However, unlike other parts of
Minggu, 14 April 2013
Energy-related Carbon Dioxide Emissions Declined In 2012
Energy-related carbon dioxide emissions declined in 2012.Energy-related carbon dioxide (CO2) emissions in 2012 were the lowest in the United States since 1994, at 5.3 billion metric tons of CO2 (see figure above). With the exception of 2010, emissions have declined every year since 2007.The largest drop in emissions in 2012 came from coal, which is used almost exclusively for electricity
Sabtu, 13 April 2013
Angola Takes Step Towards Onshore Round
Angola’s government on Wednesday approved the guidelines of a plan to hold bidding for licences to explore for oil onshore in the Kwanza and Lower Congo basins, according to a report.The government said in a statement seen by Reuters that it has asked parliament to approve the plan.President Jose Eduardo dos Santos’ ruling MPLA party has a large parliamentary majority.Angola, which is Africa’s
Jumat, 12 April 2013
ExxonMobil Issued Corrective Action Order
Federal US regulators have ordered US supermajor ExxonMobil to take corrective action before it can re-open a pipeline that burst in Arkansas and poured thousands of barrels of heavy oil into a residential neighbourhood.The US Pipeline and Hazardous Materials Safety Administration order restricts ExxonMobil from restarting the pipeline until the agency is satisfied that all safety precautions
Kamis, 11 April 2013
US May Cut $600m Aid To Nigeria Over State Pardon
The United States of America may cut aid to Nigeria following the presidential pardon granted a former governor of Bayelsa State, Diepreye Alamieyeseigha and seven others.Nigeria is one of the biggest recipients of US aid in Africa. Last year the US gave Nigeria about $226 million in development aid and is expected to spend $600million this year.Alamieyeseigha was found guilty and convicted of
Rabu, 10 April 2013
Egbema-Gbaramatu Oil Communities Tasked On Peace And Security
Newly elected Chairman of Egbema Gbaramatu Communities Development Foundation EGCDF, Chief Micheal Johnny yesterday stated that it is incumbent on indigenes and the oil bearing communities in Egbema and Gbaramatu kingdoms to ensure that the existing peace and security is sustained.He gave the charge yesterday in Warri, Delta State during the official inauguration of the new executives of the
Selasa, 09 April 2013
Two Wyoming Mines Accounted For 20% Of U.S. Coal Production By Tons In 2012
Two Wyoming mines accounted for 20% of U.S. coal production by tons in 2012.Preliminary coal production data for 2012 show that 9 out of the top 10 producing coal mines in the United States are located in Wyoming; the top two producing mines in Wyoming account for 20% of total U.S. coal production by tonnage. Collectively, the top 10 mines accounted for 38% of total U.S. coal production by
Senin, 08 April 2013
Govt Strips Manitoba Hydro Of Concession Status
The Federal Government on Thursday declared that Manitoba Hydro International of Canada was never appointed as concessioneer over the Transmission Company of Nigeria, TCN.Minister of Power, Prof. Chinedu Nebo clarified that the role of Manitoba Hydro International in the running of the nation’s transmission network is that of delegated authority given to a management outfit with international
Minggu, 07 April 2013
Sales Of Specialty Incandescent Bulbs Decline Despite Exemption From Efficiency Standards
Sales of specialty incandescent bulbs decline despite exemption from efficiency standards.Most specialty light bulb types, like three-way bulbs and appliance bulbs, are exempted from congressionally-legislated energy efficiency standards. But recent shipment data show that sales of these exempt incandescent lamps have declined. This effect points to broader lighting market transformation beyond
Sabtu, 06 April 2013
MEND Threatens Fresh Attacks On Oil & Gas Facilities Over Okah
Movement for the Emancipation of the Niger Delta (MEND), one of the largest militant groups in the Niger Delta region, said it will resume attacks on oil installations in the region, beginning tomorrow (Friday) to drive home its protest over the sentencing, of Henry Okah, leader of the group to 24-year jail term recently by a South African court.But the Joint Task Force, JTF, codenamed Operation
Jumat, 05 April 2013
13 Fuel-Laden Ships To Discharge At Lagos Ports
No fewer than 13 ships are waiting to discharge petroleum products at the various oil terminals within the Lagos ports, the Nigerian Ports Authority, NPA, has said.The ‘Shipping Position’, a daily publication of NPA, stated in Lagos on Wednesday that three of the 13 ships would discharge petrol, six diesels, while four would discharge kerosene.According to the publication, two other ships will
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