USAN, the second deep water project in the country would come on stream in 2012. And is to add one hundred and eighty thousand barrels of oil per day to the nation's daily production.
The top United Nations envoy in Sudan today expressed grave concern over renewed hostilities which have forced up to 50,000 people to flee fighting in the disputed town of Abyei, which lies in an oil-rich area near the boundary between
President Umaru Musa Yar'Adua has ordered the Nigerian National Petroleum Corporation (NNPC) to take immediate steps to recover outstanding payments of S1.91 Billion due to the Federal Government from Shell and Exxon Mobil on the Production Sharing Contracts (PSCs) for
A Catholic church was attacked and looted by government supporters during fierce fighting between the army and soldiers of the former liberation movement, SPLA, in the disputed oil-rich town of Abiyei.
L-3 MAPPS announced today that it has obtained an order from Eskom Holdings to modify the Koeberg operator training simulator to support the interface of new OPC XML-compliant* devices via Ethernet. In recent years, the OPC XML specification has gained
National regulatory bodies within the EU should have the power to appoint third party verifiers to check a company's greenhouse gas emissions under the EU carbon market in a bid to stop close relationships developing that could compromise information submitted
The price of allowances in Europe's cap-and-trade scheme barely moved on Tuesday, as traders were unwilling to take major new positions against the backdrop of calmer energy markets and a lack of market-moving developments.
A group of investors managing over $2.3 trillion in assets urged the US Senate to pass the Lieberman-Warner bill on climate change, they wrote in a letter to Senate leaders Tuesday.
Carbon credits from the UN's clean development mechanism (CDM) have been included in a new summary draft of the Lieberman-Warner bill that has been released, potentially creating a US demand in 2012 for such credits of 288.75 million.
Uncertainty over the future of the carbon market, stricter practices in the UN project-approval process, and verifiers' lack of capacity prompted Point Carbon analysts to cut their estimate of amount of certified emissions reductions (CERs) to be issued by 2012
Carbon dioxide emissions from energy-related activities in the US rose 1.63 per cent in 2007 to 5,984 million tonnes, according to the Energy Information Administration (EIA).
China's Natural Gas Industry: Current Status and Future Prospects, 2007 to 2010" reports that by 2030 natural gas will surpass oil to become the world's number one energy resource, especially in the power generation industry.
ESKOM management inefficiency, which allowed coal stockpiles to fall to "unacceptable levels", resulting in crippling power cuts, has been criticised by the National Energy Regulator of SA (Nersa).
