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New Militant Group Blows Up Oil Pipeline In Delta Region

A new militant group, Niger Delta Greenland Justice Mandate, which threatened to blow up oil installations in the upland of the Niger Delta region, on Wednesday, made good its threat. The group reportedly blew up a major trunk line operated by the Nigerian Petroleum Development Company in Isoko, which feeds Eriemu Manifold. NDGJM claimed responsibility […]

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Militants Activities Continue In Nigeria Despite Renewed Cash Payments

News emerged recently that Nigeria’s government has resumed cash payments for former militants in the Niger Delta in a bid to end attacks on oil and gas facilities in the region. Will it work? In my opinion, probably not. The situation in the Niger Delta is pretty complex. Things are so jumbled that it’s not […]

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Fugro Wraps Up Exploration In Ghana For Hess

Fugro has completed a 33-month data acquisition program offshore Western Ghana for Hess Ghana Exploration Limited. Measurements were made at three locations in an area known as the Deepwater Tano/Cape Three Points block, in water depths of approximately 7,874 feet. The data will be used by Hess in support of its operations in Ghana. A […]

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How To Live Without Electricity-Taking Your Refrigerator Off The Grid

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Outside of air conditioning in warmer climates your refrigerator uses up more electricity than any other appliance in your home. It is my opinion to be truly independent when going off-grid one should be able to survive without using any electricity at all if needs be. Civilization has survived for thousands of years without refrigerators […]

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NNPC Workers Down Tools Over Proposed Company Split

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Nigerian National Petroleum Corporation (NNPC) workers are staging a nationwide strike over plans to “unbundle” the state-run oil firm into 30 companies. Senior staff in Nigeria’s oil and gas industry have opposed the proposed changes, according to the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) trade union, which stated that workers believe […]

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Research Shows Companies Without Managers Do Better by Every Metric

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Can you imagine what your workplace will look like if there were no managers, no one to report to, and everyone could start a new task as they see fit. These companies are called ‘Participation Age companies’–Stakeholders, who work in self-managed teams, replace employees; Leaders replace managers; there is profit-sharing for everyone, no work hours, […]

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Global Oil Markets Jump More Than 5 Percent

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Global oil markets jumped more than 5 percent on Monday, with Brent hitting a 2016 peak above $40 a barrel, after Ecuador said it was holding a meeting of Latin American crude producers as OPEC sought a higher anchor price for oil. Technically-driven buying in crude and a commodities rally also boosted oil. Industry data […]

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US Production May Fall Even Amidst Rising Oil Prices

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U.S. crude production will fall to its lowest since 2013 next year as battered shale drillers idle rigs to conserve cash, according to a government report. Producers from Texas to Alaska will pump 8.19 million barrels a day in 2017, down from 8.67 million this year and less than the 8.46 million previously forecast, the […]

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NLNG Flags The Nigerian Prize for Science And Literature Competition Open

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The Nigeria Prize for Science and The Nigeria Prize for Literature are sponsored by Nigeria LNG Limited.  The prizes are aimed at bringing Nigerian scientists and authors to public attention and celebrating excellence in scientific breakthroughs and literary accomplishments in the nation. NLNG believes that the science prize will provide leaders with answers to crucial […]

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Return Of Shale Oil Drilling: $40 is As Good As $70

For leading U.S. shale oil producers, $40 is the new $70. Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they will settle for far less in deciding whether to crank up output after the worst oil price crash in a […]

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