Oil - Page 5
Dangers of large scale biofuel production sounded by FAO
The UN food and Agriculture Organisation (FAO) has warned governments of the negative effects of large-scale production of biofuels, cautioning that rapid increases in...
Nigerian bourse records downturn
Transactions on the floor of the Nigerian Stock Exchange (NSE) at the end of the past week finished low, as 2.63 billion shares valued...
MEND – Nigeria militant group heeds to cease fire call from Obama
The Movement for the Emancipation of the Niger Delta (MEND) has confirmed the latest attack on a 30,000bpd Shell flow station in Nigeria's oil-rich...
Shell station bombed
Suspected militants have blown up a 30,000bpd Shell flow station in Nigeria's oil-rich state of Bayelsa, causing a massive oil spillage and dealing another...
Obama and Clinton tackle two primary states’ opposing economies
Barack Obama and Hillary Clinton face pressure from both sides of the debate over biofuels and soaring food prices as they prepare for Tuesday’s...
Egypt discovers petrol tunnels in Sinai
Egyptian security officials in the Sinai Peninsula have un covered at least five tunnels used for smuggling petrol into Gaza on Tuesday.
An official said...
MEND claims Shell Nigeria activities stopping after attacks
The string of attacks on Shell oil export pipelines by the militants from the Movement from the Emancipation of the Niger Delta (MEND) has...
Nigeria oil sector investigations begin
Nigeria's House of Representatives has set up a 26-member panel to probe the activities of the state-run Nigeria National Petroleum Corporation (NNPC) and the...