Houston-based Africa focused Erin Energy Corp. began production from the Oyo-8 well offshore Nigeria. Oyo-8 flare. Image from Erin Energy. Oyo-8 is located in OML 120 in 1000ft of water…
Houston-based Africa focused explorer CAMAC Energy is changing its name to Erin Energy following a reverse stock split - each six shares of common stock were converted into one share of common stock. Kase Lawal, Erin's Chairman and CEO…
UK North Sea industry body Oil & Gas UK has said called on the UK Government to abolish a 30% charge on oil and gas producers as oil fell to its lowest prices in nearly six years. The body says oil and gas producers in the basin are unable to cover their costs at US$50 a barrel…
Oil spills around Trinidad began to be reported on 17 Dec, suggesting more than one source of contamination. The state oil company of Trinidad & Tobago, Petrotrin, suggested sabotage and environmental terrorism. The Oilfield Workers Trade…