• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 20 hours By Kellen McGovern Jones - "BlackRock Behind New TX-LA Offshore Wind Farm"
  • 8 days Natron Energy Achieves First-Ever Commercial-Scale Production of Sodium-Ion Batteries in the U.S.
  • 9 days Bad news for e-cars keeps coming
  • 7 days The United States produced more crude oil than any nation, at any time.
  • 10 days RUSSIA - Turkey & India Stop Buying Russian Oil as USA Increases Crackdown on Sanctions
China's Crude Oil Imports Slump 11% in June

China's Crude Oil Imports Slump 11% in June

China's crude oil imports declined…

Chevron Announce 12 Crew Missing after Ship Sinks off Nigerian Coast

Pirates are the main threat to oil company workers located off the coast of Nigeria, but they are unfortunately not the only danger. Chevron has just announced that 12 crew are missing after a tug boat under contract to the San Ramon-based oil major capsized on Sunday morning.

According to Reuters, the Jascon-4 tug, owned by West African Ventures, was “performing towing operations” around 30 kilometres off the coast of the Niger Delta when it capsized and sank in the “heavy ocean swells.”

As spokeswoman for West African Ventures stated that, “unfortunately all twelve crew members are still missing.

Rescue operations involving sea divers are still on-going and a full investigation into the incident is taking place.”

Related article: Total’s Bright Future: Opportunities Abound

Reuters tried to question Chevron Nigeria about the incident, but they were unwilling to give any update.

Nigeria is the largest oil producing country in Africa and oil revenues have helped to develop its economy and infrastructure.

Chevron, in various joint ventures with the Nigerian National Petroleum Corp, spends about $3 billion each year on its on and offshore operations; which in 2012 produced a total of 238,000 barrels of crude oil, 165 million cubic feet of natural gas and 4,000 barrels of liquefied petroleum gas.

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News