Energy and Corporate Africa

News, Analysis, Views, Commentary and Strategic Reports
on Energy, Human Development & Corporate Affairs in Africa


News Bits

Hurricane Gustav and Gulf of Mexico Oil Rigs

Monday, September 1, 2008

Thousands of oil rigs were evacuated in the Gulf of Mexico because of Hurricane Gustav. Hurricane Gustav was reported to have claimed the lives of about 87 people in the Caribbean. On August 30, Gustav strengthened to Category 4 Hurricane in Cuba. It was expected to hit any place within Alabama, Mississippi, Louisiana and Texas before Tuesday. The most likely projected place was New Orleans in Louisiana.

The eye of the hurricane Gustav made a landfall as a Cat 2, on Monday Sept 1, 2009 (Labor Day) at Cocodrie a town at the southwest of New Orleans. Before the landing of the storm about 20 million residents of New Orleans have been evacuated from the city. The estimated damage caused by the hurricane Gustav was not as severe as projected. The effect of Gustav was not as devastating as that of Katrina which hit the city three years ago. It was also expected that the evacuation of the oil rigs will cause a quick rise in the price of oil and gas in United States.


NIGER DELTA MILITIA KILLS 29 NIGERIAN SOLDIERS

Saturday, August 30, 2008

The Niger Delta Militia in Nigeria claims to have killed 29 soldiers in a recent raid in the region. The Niger Delta problem has continued unabated and deepening with horrendous catastrophe in this most populous African nation, Despite various moves and committees set by the Yar'Adua government with the hope of finding solution to the problem of the incessant attacks by various militia groups in the region, the situation seems to be escalating on daily basis causing the nation a big loss in oil production and human resources. Nigeria is the world's sixth exporter of crude oil and the seventh in gas reserves.




Copyright © 2007 - 2010  Energy & Corporate Africa
Created: September 03, 2008
Revised: May 17, 2009

Warning: include(includes/credits.php) [function.include]: failed to open stream: No such file or directory in /home2/energyc3/public_html/includes/revised.php on line 10

Warning: include() [function.include]: Failed opening 'includes/credits.php' for inclusion (include_path='.:/usr/lib64/php:/usr/lib/php') in /home2/energyc3/public_html/includes/revised.php on line 10