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