USAfricaonline.com, 1st African-owned U.S.-based professional newspaper on the internet, assessed by The New York Times as the largest (and arguably the most influential) African-owned, U.S-based multimedia networks; established May 1992. News@USAfricaonline.com 713-270-5500. wireless: 832-45-CHIDO (24436)
Shell gets N15b oil pollution ruling against its Nigeria operations. Special to USAfricaonline.com and CLASSmagazine, Houston. By Chido Nwangwu (in Houston) and Obinwa Nnaji (USAfrica Executive Editor in Lagos). For an oil spill in the 1970 which affected about 256 hectares of land and water areas in the Ejama-Ebubu community in Tai Eleme Local Council [...]
POLLUTION, OIL and NIGERIA: LIQUID GOLD OR PETRO-GAS CURSE? By Chido Nwangwu, Publisher of USAfrica. Special to USAfrica The Newspaper, Houston (first written/published on October 19, 1998) and USAfricaonline.com http://www.usafricaonline.com/chido.petrogas.html updated http://www.usafricaonline.com/2010/07/06/petrogas-pollution-nigeria-chido-october1998 The news report by USAfricaonline.com about the July 5, 2010, ruling by a federal court in Asaba (Delta State of Nigeria) which awarded N15.4 [...]
Nigeria’s NNPC chief Shehu Ladan removed; Oniwon takes over; Ladan likely pick for Kaduna State deputy Governor. Special to USAfricaonline.com and CLASSmagazine, Houston. Abuja, Nigeria – Officials say the new managing director of Nigeria’s state oil company has been fired. A spokesman for President Goodluck Jonathan said Monday that Nigerian National Petroleum Corp. director Shehu Ladan had been removed from his [...]
By CHIDO NWANGWU. On this day of accomplishment and fulfillment for CAMAC on April 7, Dr. Lawal’s robust and vibrant vision of trading between Cameroon and America (camac) was yielding fruits from foundational seeds sown, nurtured and expanded since 25 years ago.
It was worth more than the aggregates of money for in his march to yet another historic business landmark: the listing of the largest U.S-based, African-led corporation on the highly-valued New York Stock Exchange (NYSE) Amex platform.
Nigeria’s new ministers get posts; Aganga gets Finance; Akunyili keeps Info; NNPC’s oil chief Barkindo fired…. By Bashir Adigun (AP). April 6, 2010, ABUJA, Nigeria — Nigeria’s acting president has sacked the head of the nation’s national oil company. A spokesman for Acting President Goodluck Jonathan gave no explanation for Tuesday’s decision to fire Mohammed Sanusi Barkindo [...]
Chevron spokesman Scott Walker confirmed the attack, telling AFP: “Chevron Nigeria Limited … confirms that there was a breach on its Makaraba-Utonana pipeline in Delta State, Nigeria on Friday, January 8, 2010.” The sabotage led “to a shut in of production of about 20,000 (bpd) from the Makaraba and Utonana platforms to protect the environment,” said Walker from Houston, Texas.
Nigerian delta group vows to hit oilfields again Nigerian insurgents vowed Thursday to renew their five-year war against Africa’s largest oil industry when a unilateral cease-fire expires, even though some of their leaders have surrendered under a government amnesty in recent weeks. Their defiance raised the prospect of a major military offensive against them in their [...]
Kosmos has estimated the Jubilee field could potenitally hold recoverable oil and gas reserves between 650 million and 2 billion barrels of oil equivalent.
Exxon is one of the largest producers in Africa and has operations in Angola, Chad, Cameroon, Equatorial Guinea and Nigeria. Company also is exploring for oil in Libya, Madagascar, the Republic of Congo and the Nigeria-Sao Tome and Principe Joint Development Zone. But Exxon had held back on jumping on Ghana bandwagon — until now.
Special Adviser to the President on Petroleum Matters, Dr. Emmanuel Egbogah, who made these known said “Nigerian LNG has a total installed capacity of 22 million metric tones of LNG per annum. In addition to the Nigerian LNG, other LNG projects such as the Brass, Olokola and other third party LNG plants are awaiting final investment decision, which is dependent on resolution of gas supply issues. The Brass and OKLNG facilities when completed, will add more than over 30 million metric tones of additional LNG capacity for export.”
