STATE-owned oil and gas company PetroSA had shelved plans for a 40000 barrel-a-day coal-to-liquid plant as it looked further into issues such as water availability and carbon sequestration, PetroSA said yesterday.

The government of Rwanda has ordered fuel dealers to serve a maximum of Rwf15, 000 per vehicle, equivalent to about 20 litres of petrol per day.

Major oil marketers are warming up to plunge the nation into another round of fuel crisis over N62 billion unpaid claims owed them by the Federal Government through the Petroleum Product Pricing and Regulatory Agency (PPPRA).

The face of energy supply source in the West African sub-region is on the verge of being altered for good as the $500 million regional gas infrastructure, the West African Gas Pipeline (WAGP) project commenced its technical commissioning.

Total SA, the French oil major, says the current global economic crisis will not delay the execution of most of its projects due to commence production in 2009.

SHERATON Kampala Hotel has won the inaugural Annual Energy Management Awards.

The Inter Agency Maritime Task Force on Acts of illegalities in Nigerian Waters (IAMSTF), Friday in Lagos impounded an oil vessel -MT Jacksonville over alleged non compliance with maritime provisions and laws governing vessels entry into the country's territorial waters.

THE Federal Government has begun a two-week process of evaluating the 48 shortlisted companies which want to participate in the delivery of infrastructure under the Nigerian Gas Master Plan following their expression of interest.

MPs have demanded for a status report on oil exploration in western Uganda and the amount of money the government has sunk into it.

The Cape Town regional chamber of commerce and industry has called for an "urgent revision" by the government of the formula used to calculate fuel prices to bring the price of diesel in line with the actual costs of producing

THE petroleum industry had assured Minerals and Energy Minister Buyelwa Sonjica that it had taken precautionary measures to ensure security of fuel supply during the festive season, Sonjica said on Friday.

PRESIDENT Umaru Musa Yar'Adua has commended the Japanese government for complementing Nigeria's effort in electrifying the rural areas.

International Energy Insurance Plc (IEI) was in Ghana recently capped with this year's African Insurance Company Award.

The Nigerian Guild of Editors (NGE) has endorsed the proposal to set up the Office of the Ombudsman by the Newspaper Proprietors' Association of Nigeria (NPAN) and pledged to set up its own Ethics Committee to complement the initiative.

THE Senate Committee on Petroleum (Downstream) has expressed dissatisfaction at the non-utilization of the N500 million budgetary allocation to Department of Petroleum Resources (DPR) for the renovation of its headquarters.

BSE-listed Aviva Corporation's merger with Northern Energy Mining Inc. (NEMI) to create a new growth-oriented international coal and energy group has suffered a stillborn after errors were realised in the latter's books.

When President Umaru Yar'Adua presented the 2009 Appropriation Bill to the National Assembly on Tuesday December 2, 2008, he said the Federal Government hopes to spend a total of N2.87 trillion as its budget next year. The proposed aggregate expenditure

MILITANTS in the oil-rich Delta State rose from a meeting, weekend, promising to lay down their arms and support the Power Projects to be embarked upon soon by the state government in partnership with private investors.

The Ministry of Minerals, Energy and Water Resources has announced fuel price cuts for two months in a row and now the focus should shift to retailers. Questions are being asked when the fall in fuel prices would be reflected

Failure by the Nigerian National Petroleum Corporation (NNPC) to remit oil revenue for November 2008 into the Federation Account dominated discussion at the meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja at the weekend.