Oriental Energy Resources Ltd, a leading Nigerian independent oil company, has stated that it has entered into a farm-in agreement with another oil company to jointly develop the Ebok Field in OML 67, off-shore.
This week I am devoting my to column to something that is dear to my heart. I belong to a group, the Eko Collective on oil gas and environment which taking in mind that Lagos State has become an oil
As a committed supporter and contributor to the advancement and progress of the Niger Delta region, and confirmation of its status and endorsement of its pedigree as a leading insurer in Nigeria 's oil and gas industry, Cornerstone Insurance Plc
ZIMBABWE will soon benefit from a rising world demand for coal, especially from Asia, necessitated by a sharp increase in oil prices, which touched a record high of $135 a barrel this week and rising gas prices.
Extracting the gas from Lake Kivu's depths is a risky venture. But officials say it can help solve two problems: drain the deadly pool and provide energy to the electricity-starved nation.
Zanzibar was without electricity for the fifth consecutive day yesterday.A serious water crisis was looming after water pumps stalled and water vendors raised prices. Operations in some schools and hospitals that do not have generators were also disrupted.
African Union chairman President Jakaya Kikwete has appealed for urgent help to assist poor countries mitigate the effects of high global food and fuel prices.
Polish energy trader PSE Electra is moving to renegotiate the price of some energy contracts for delivery next year because the Polish energy sector will have to pay for more carbon dioxide allowances than it had anticipated, according to a
Rising oil prices and strong German power demand prompted buying interest in carbon, with the December 2008 contract moving a nudge higher during thin trade.
HIS words, riding on the power and carriage of experience, compelled extra attention from his audience, for it was clear to those listening that here was somebody who was speaking about something he really knew about.
NO FEWER than fifty shops were razed down weekend around Rumuobiakani area of Port Harcourt when a tanker allegedly conveying condensate fuel fell and spilled its content.
FUEL supplies in the country are set to improve following the liberalisation of the foreign exchange market, which has seen an influx of hard currency into the official banking system.
Chief Olu Benson Lulu Briggs, OON, Iniikeiroari V of Kalabari and Chairman/Chief Executive, Moni Pulo, an indigenous oil company is a man of few words whose philanthrophy speaks louder than his numerous achievements.
Abia State Com-missioner for Local Gover-nment and Chieftaincy Affairs, Prof. Chibuzor Ogbuagu has said only seven out of the 17 local government areas in the state have received approval to spend their share of the excess crude revenue.
BACK in early 1994, having come out of the devastating drought of 1991/92 as chief executive of the Grain Marketing Board (GMB), I was approached by Clive Nicolle, representing the Lions Den Syndicate.
Investigations into allegations of gross mismanagement of public fuel reserves have ended and the report will be handed to the House next week, Sunday Times has learnt.
Eskom needs to have a new tariff structure which will recognise the importance of the affordability with regards to the poor, as well as enable the state utility to increase its electricity capacity.
Delta State Governor, Dr Emmanuel Uduaghan has assured investors that the state government was ready to participate in the Federal Government's Gas Masterplan.
