September 1, 2014

Nigerian cook survives two days under the ocean in shipwreck air bubble

Harrison Okene, the cook on the Jascon-4 tugboat that capsized on May 26, has told of how he spent two and half days under the ocean, certain he was going to die until rescue came his way. Okene, 29, was on board the Chevron-contracted vessel that went under on Sunday morning while it was trying to stabilize an oil tanker filling up at a Chevron platform. A total of 12 crew members were on board, divers recovered 10 dead bodies, another crew member remains missing. Okene was the only survivor. He told Reuters of how he survived under water for ...

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Chevron to sell two Nigerian oil blocks

(Reuters) – U.S. energy firm Chevron is selling its stake in Nigerian shallow water oil blocks OML 83 and OML 85, the company said on Tuesday, the latest oil major seeking to sell assets in Africa’s biggest oil producer. “As part of a continuous process of portfolio evaluation and business prioritisation, Chevron Nigeria Limited … has put forward its interests in two oil mining leases for auction,” a company spokesman said by telephone. Chevron owns a 40 percent stake in the blocks with Nigeria’s state oil firm NNPC having the other 60 percent. The company did not say what oil ...

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10 bodies found after Chevron contracted tugboat sinks off Nigeria coast

Owners of the Chevron-contracted tugboat that sank off the coast of Nigeria on Sunday morning say 10 bodies of the missing 12 people have been found. The Jascon-4, a tugboat working on behalf of major oil corporation Chevron, sank on Sunday morning while it was “supporting a tanker loading at SBM 3, a loading point 30 kilometers offshore in the Escravos area of Delta State, Nigeria,” the company said in a statement. They indicated that “heavy ocean swells” may have caused the capsize. Of the 12 people reported missing, only one has been rescued alive, another is still missing. West ...

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12 sailors still missing two days after Chevron vessel sinks off Nigeria’s coast

An official has confirmed that 12 sailors are missing after a vessel working for Chevron Corp sank near Nigeria’s coast, the Associated Press reports. The Jascon 4, a tug boat that works on behalf of oil corporation, reportedly sank early on Sunday morning off the coast of Nigeria’s Delta State. U.S. based Chevron is one of the major operators in Nigeria. It is not clear what caused the capsize. In a statement, Chevron indicated that “heavy ocean swells” caused the Jascon 4 to sink. The company also said in the statement that the accident happened while the vessel was “supporting ...

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Groups hail ECOWAS Court judgement holding Nigerian govt., multinationals responsible for oil pollution

A judgement by the West African region ECOWAS court which holds the Nigerian government and multinationals responsible for years of pollution in the oil-rich Niger Delta is being hailed by activists and human rights groups. The court ruled in favor of the Socio-Economic Rights and Accountability Project (SERAP), who brought the suit against the Nigerian government, finding the latter responsible for abuses by oil companies and calling on the government to be accountable. The Economic Community of West African States Court of Justice said that “the quality of life of people is determined by the quality of the environment. But ...

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NOSDRA wants Chevron fined $3 billion for 46-day rig fire

Nigeria‚Äôs oil spill agency is demanding that oil giant, Chevron Corp. (CVX), pay a $3 billion penalty for a rig explosion that caused a 46-day fire off Nigeria’s delta coast. Speaking in an interview in Abuja, Peter Idabor, head of the National Oil Spill Detection and Response Agency, NOSDRA, said his agency had taken into consideration the going rate for oil spill cleanups in other countries and “recommended fine of $3 billion for Chevron”. He said the penalty is only a suggestion that is yet to be approved by lawmakers in the country and the President. The 46-day fire occurred ...

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New draft of 200-page PIB to be finalised this week – sources

A new draft of the long awaited Petroleum Industry Bill (PIB) will be finalised this week, sources are cited in a Reuters report as saying on Thursday. According to the report, the 200-page bill, which when passed will unlock billions of dollars of stalled investment into exploration and production, includes plans to privatise in part and list the state oil firm, as well as tax oil company profits at 20 per cent for deep offshore and 50 per cent for shallow or onshore, Reuters reports. The new PIB, the report further states, will give the oil minister supervisory powers over ...

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Nigeria renews oil licenses for Shell, Chevron

Reuters – Nigeria expects to renew huge onshore oil licenses with U.S. firm Chevron and Royal Dutch Shell by June, the oil minister said on Tuesday, following Exxon Mobil’s renewal in February worth trillions of dollars. “In order to show our commitment to a vibrant upstream sector … we have started the renewal of leases in good faith … renewals with Chevron and Shell are expected to be concluded by June at the latest,” Diezani Alison-Madueke said in the capital Abuja. ...

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Chevron must pay $3 billion for 46-day fire – NOSDRA

Peter Idabor, head of the National Oil Spill Detection and Response Agency said on Thursday that American oil giant, Chevron, must pay a whopping $3 billion fine to the Nigerian Federal Government for environmental damages to the oil-rich south caused by an offshore rig fire that burned for over one month. Speaking to the House Committee on Environment, Idabor said the gas explosion aversely affected several impoverished fishing communities in oil-rich Bayelsa state, particulary the Koluama community. The Chevron fire, which erupted after a gas explosion on 16 January, raged uncontrollably until 2 March. It claimed the lives of two ...

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US Supreme Court won’t hear case against Chevron

The United States Supreme Court has turned away an appeal by 19 Nigerians seeking to hold oil producing giant, Chevron, responsible for deaths in the Niger Delta under a US anti-torture law. According to reports from the AP, the decision was reached after the court decided unaninmously last week that the Torture Victim Protection Act allows lawsuits only against individuals and not corporations. The Nigerians, in the case Bowto vs. Chevron, claimed the company hired soldiers who shot and killed protesters at an offshore oil platform in 1998 in the Niger Delta, the AP wrote. However, Chevron claims the protesters ...

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