According to the company, the relief well is being drilled to extinguish a fire that began January 16 at the original well, approximately six miles (10 km) off the coast of Nigeria. The
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Again, BPE delays PHCN privatisation
February 22, 2012 Comment Off 246 ViewsIt is another setback for reforms in the sector which investors hope will unlock the potential of Africa’s second largest economy. Despite holding the world’s seventh biggest gas reserves,
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Government to Ask for Compensation From Shell on Bonga Spill
January 30, 2012 Comment Off 220 ViewsNigeria will “soon” ask for compensation for an oil spill from Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, President Goodluck Jonathan said. A spill last month from
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Npower will cut gas prices by 5%
January 13, 2012 Comment Off 66 ViewsA number of suppliers have announced changes to prices this week. Energy company Npower has announced that it will cut gas prices by 5% from 1 February. The move comes in the same week as
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Union threatens oil production over Nigeria strike – AP
January 12, 2012 Comment Off 51 ViewsWhile a growing nationwide strike and protests have already paralyzed daily life in Nigeria, the beating heart of its economy — crude oil — keeps pumping. Now a powerful union says it will
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Nigerian government condemns Shell for its response to the Bonga oil spill
January 5, 2012 Comment Off 87 ViewsThe Nigerian government has blasted Royal Dutch Shell for its response to the Bonga oil spill, saying it fell short of international and national standards. The director-general of Nigerian
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Nigeria unions to strike over fuel subsidy’s end – AP
January 5, 2012 Comment Off 58 ViewsNigerian labor unions on Wednesday threatened a nationwide and indefinite strike to protest the government's decision to end a subsidy program that had kept gas costs down for more than two
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Shell: Nigeria Oil Spill Contained
December 29, 2011 Comment Off 75 ViewsABOARD THE BONGA FLOATING OIL VESSEL (AP) — The worst Nigeria offshore oil spill in more than a decade has been contained before reaching the West African nation's coast, officials with Royal
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Nigeria’s pollution casts shadow on Shell
December 12, 2011 Comment Off 323 ViewsShell maintains that sabotage by rebels and spills from oil thieves drilling into pipelines or opening wells are mainly to blame for the pollution. Some areas of the country are so violent it's
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Capstone Turbine Corporation to Exhibit at Power-Gen International in Las Vegas and Host U.S. Ambassador-Led Nigerian Delegation
December 12, 2011 Comment Off 115 ViewsCapstone Turbine Corporation ( www.capstoneturbine.com ) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, today announced it will exhibit its
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