June 30th, 2008 | by Imnakoya | published in Environment, Governance, Nigeria, Oil
“The Federal Government has said that it is ready to shut in oil wells and lose revenue if that was what would be required to achieve the 2008 gas flares out deadline”, in a statement credited to a senior official of the Department of Petroleum Resources, and reported by the Punch Newspaper.
“The time […]
June 21st, 2008 | by Imnakoya | published in Energy, Governance, Nigeria, Oil
Nigeria crude oil production may decline by as much as 30% as the oil sector suffered two devastating blows on the Bonga and Escravos oilfields. The attacks occurred within the last seven days.
Royal Dutch Shell operates the floating Bonga offshore facility that produces about 200,000 barrels per day. Chevron produces 120,000 barrels per day […]
April 6th, 2008 | by Imnakoya | published in Energy, Nigeria, Oil, Technology
Natural gas is a by-product of the oil drilling, and Nigeria flares the largest quantity in the world. The Nigerian National Petroleum Corporation (NNPC) told the House Committee on Petroleum that meeting the government’s target to end gas flaring by 2009 is unrealistic without proper funding.
Even Shell said it would cost about $6 billion USD […]
February 23rd, 2007 | by Imnakoya | published in Africa, Blogosphere, Business and Entrepreneurship, Conflict, Diaspora, Egypt, Environment, Ethiopia, Governance, ICT, Niger, Niger-Delta, Oil, Web 2.0
Benn Loxo Du Taccu: Groovy Naija
African Shirts: Plaut and Hearing - Embattled Nigerian Vice President’s interview on World Today
NYT: Egypt: Blogger Gets 4 Years- An Alexandria court sentenced a blogger, Abdel Kareem Nabil, to four years in prison for insulting Islam and Egypt’s president through his Internet writings.
BBC: Oil worker shot dead in Nigeria
Via TechCruch: […]
February 21st, 2007 | by Imnakoya | published in Conflict, Governance, Niger-Delta, Nigeria, Oil
It’s getting seriously irritating to read about hostages been taken and released in the Niger-delta every other day. How much has been paid as ransom since the bandits perfected this scam-strategy? Where does the funds come from, and whose pockets does it go? I suspect a cabal runs these militia and it’s quietly profitting from the scams at the detriment of all Nigerians, particularly the innocent indigenes of the Niger-delta.
