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Coca-Cola launches PET recycling scheme in Kenya

According to the East African, the company launched its drive to have more of the country's used polyethylene terephthalate (PET) recycled, in collaboration with bottle maker Safepak and the Highlands Mineral Water Company. The three organisations aim to be recycling 70 per cent of the plastic containers they release to consumers by 2015. Bob Okello, public affairs manager for Coca-Cola East and Central Africa, told the news provider that it was time for businesses to be seen doing .... Read more »

Posted on : Wednesday , 15th October 2014

Drilling rig for 200,000bpd Egina oilfield sails to Nigeria

 A drilling rig, christened ‘West Jupiter,’ which will be used for the drilling of all the oil wells at the 200,000 barrels per day Egina deepwater oilfield, being developed by Total Upstream Companies in Nigeria has sailed away from South Korea, thus demonstrating another milestone in the development of the $3.5 billion Egina project reports This Day.

 
Speaking during the ground – breaking ceremony of the fabrication yard for local.... Read more »

Posted on : Friday , 10th October 2014

Shell Logo Shell Sells OML 29

 Oil major, Royal Dutch Shell has agreed to sell the prolific Oil Mining Lease (OML) 29 to a consortium led by oil-trading firms Aiteo and Taleveras Group in a deal in which the consortium will pay $2.58 billion for the block and an associated pipeline according to This Day.

 
Shell had indicated its plan to sell four of its onshore oil blocks – OMLs 18, 24, 25 and 29 – in addition to Nembe Creek Trunkline, which for years have been plague.... Read more »

Posted on : Friday , 10th October 2014

Refining capacity in Nigeria, lower than other African countries – Report

 Nigeria, despite its status as Africa’s top crude oil producer and exporter, continues to trail other African countries such as Algeria, Egypt, Libya and South Africa in terms of refining capacity reports The Punch.

 
The World Oil and Gas Review 2014, released this week, shows Egypt as having the highest primary refining capacity in 2013 among the five countries, followed by Algeria and South Africa.
 
Primary capa.... Read more »

Posted on : Friday , 10th October 2014

Made-in-Nigeria Hyundai Cars Hit Market

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