Tuesday, February 9th, 2010
Shell oil company denied Sunday a claim by Nigerian militants that they had attacked a major Shell pipeline in the volatile Niger Delta, a company spokesman said.
A group called ...
Wednesday, February 3rd, 2010
The main militant group in oil-rich Nigeria announced a formal end to an October cease-fire, saying oil companies should prepare for "an all-out onslaught."
The Movement for the Emancipation of the ...
Saturday, January 30th, 2010
MEND says after careful consideration and extensive consultation, the Movement for the Emancipation of the Niger Delta (MEND) today, Saturday, January 30, 2010, has decided to call off a unilateral ...
Thursday, November 12th, 2009
The Shell Petroleum Development Company of Nigeria Limited (SPDC) announced resumption of crude oil production at its 115,000 barrels per day (bpd) East Area (EA) oilfield.
The oilfield was shut down ...
Tuesday, September 29th, 2009
US crude futures for November gained $0.03 to $66.87 a barrel by 06.40 GMT (2.40am EDT), after closing up $0.82 on Monday, reported Reuters.
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Unrest in Nigeria's oil-rich Niger Delta is ...
Thursday, September 10th, 2009
US light sweet crude rose $0.85 to $72.16 in Asian trading
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World oil demand is expected to grow by 900,000 barrels to 84.6million barrels per day (mbd) in 2010, and return ...
Wednesday, July 15th, 2009
Afren Plc, First City Monument Bank Plc (FCMB) and Guaranty Trust Bank Plc (GTBank) have established First Hydrocarbon Nigeria Company Limited (FHN), which is an... oil and gas company, as ...
Tuesday, July 14th, 2009
Pemex (Petroleos Mexicanos) will invite contractors to take part in bidding for the Coridon natural gas project Burgos region in northern Mexico.
The company said that it could take four months ...
Wednesday, July 8th, 2009
Movement for the Emancipation of Niger Delta (MEND) on Sunday blew up a crude oil facility belonging to the United States oil major, Chevron.
The militant group also seized a chemical ...
Tuesday, June 23rd, 2009
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Economic Mills Energy Nigeria to give Ghana more crude oil, extend credit days
From Benjamin Mensah, GNA Special Correspondent, Abuja, Nigeria
Abuja, Nigeria, June 19, GNA - President ...
Monday, June 15th, 2009
Over the weekend the Movement for the Emancipation of the Niger Delta (MEND) said that it had attacked more than one facility belonging to US major Chevron in the Niger ...
Tuesday, May 19th, 2009
)))))))))Light sweet crude for delivery in June hit 60.48 dollars a barrel in New York, Brent North Sea crude for July delivery touched a six-month high of 59.65 dollars a ...