The high readership, many links and rapid success of ERHC On The Move has moved it from a non-indexed site last week to No. 7 on the list of 6,000 sites with mentions of the term ERHC, a Google search revealed yesterday.
Just four days ago, the blog came up on page 12 of the Google hit list, or in about 248th place. Those hits were for sites that mentioned the blog but not the blog itself.
Since then, with exclusive posts about a wide variety of topics and the most recent news from Nigeria available outside that country, even the Dow Jones News Service has reportedly used information first posted here to originate stories of its own.
Google does not list any site until other sites began linking to it; a new site that is not linked-to will not appear there. Usually, it takes months if not longer to move to near the top of Googles' hit list unless the search term is one rarely entered. There is wide interest in ERHC and other companies seeking nine oil blocks offered by the Nigeria-Sao Tome and Principe Joint Development Authority.
The breakthrough came with as mention of the blog by American Reporter Correspondent Bob Gelfand in a front-page story in The American Reporter that appeared Monday morning.
Now ERHC On The Move appears behind Yahoo Finance, FreeRealTime and Investor's Hub, as well a non-profit helicopter organization also known by the acronym ERHC. It appears ahead of listings for Bloomberg.com, Rig Zone, Investor's Guide, Lycos Finance and thousands of other sites, making it a principal source of information for Internet-savvy investors around the globe.
The American Reporter (http://www.american-reporter.com) was the first and is the oldest original news site on the Internet, and also now the largest with more than 13 megabytes of text files that do not include archived materials. It was founded on April 10, 1995.
Update 1/14/05 9:35am: ERHC On The Move has risen above Yahoo Finance in the Google hits index for the search term ERHC, and has gotten an explanatory blurb. Bloomberg.com, which was in 8th place, moved to 6th, one place ahead of this blog.
Update, 1/16/05, 2:15am: Yahoo has moved back ahead of us, but Bloomberg.com hads fallen behind, and ERHC On The Move remains in the No. 7 spot.
Update, 2/6/05, 4:38pm ERHC On The Move has climbed to No. 5 on the list of relevant hits on Google, the world's foremost search enginem, and Google has added advertising to the site.
Thursday, January 13, 2005
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2 comments:
Joe Must Read! Lends credence to one of your earlier theories...
Daily Champion Lagos
HOUSE of Representatives yesterday initiated moves to compel oil producing companies to establish own refineries in the country.
The legal framework, which will also mandate the multinationals to locally refine their crude oil production in a phased ratio, is contained in a proposed amendment to the Petroleum Act.
Tagged a Bill for an Act to amend the Petroleum Act Cap 350 laws of the Federation, 1990, the bill which passed first reading yesterday, also seeks to outlaw contract employment in the nation's oil industry.
Chairman, House Committee on Petroleum, Hon. Ciro Ojougboh, who spoke on the proposed legislation, said the measure when operational, will also create jobs for teaming unemployed youths.
"We are now determined to compel oil producing companies to establish their own refineries in the country. When this starts, they will refine 25 per cent of all their production locally.
"And within the next five years, they will be expected to raise it to 50 per cent and then 100 per cent in the next 10 years.
"We are going to embrace what obtains in Venezuela where all their crude oil is refined locally before export . And the benefits are enormous.
"You can not imagine what is going to happen. We are going to have industrial revolution in Nigeria. We are going to have wealth. We are going to create it. We are going to have employment, in fact, at the level that you can not imagine.
"Imagine with the crude we have and we put infrastructure in place to refine them. How are we going to refine them? It is the responsibility of the oil companies to refine them because we are now making it part of the law.
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"If we now give you an average for you to produce crude, we will make it compulsory for you to refine the same crude there because the crude you remove from Nigeria, you are not going to eat or drink it overseas, you are going to refine it.
"So, if they are going to refine it overseas, let them refine it here. If they refine it here, more Nigerians will get jobs," Hon. Ojougboh further said.
I have watched this develop over the past few months, and it's part of the reason why I believe Offor's future lies in owning the Port Harcourt or the Warri refinery that Chrome services, not as the bankroll for exploration in the GoG. You may also note that ChevronTexaco, in a bigger development, is building its own US6 billion refinery in Nigeria. That's a huge outlay, and I have to tell you - goven the political climate - a hugely risky one. I don't know who's going to keep all the promises that may have been made to them, and I don't think they do either.
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