Italian oil company, Eni has declared force majeure on 37,000 barrels a day oil shipments from Ogbainbiri flow station in Bayelsa State in the Niger Delta after the facility was attacked at the weekend. The declaration of force majeure allows...
Nigeria's new vice president visited hotspots in the Niger Delta yesterday in a bid to build confidence ahead of expected talks with local militants who have disrupted oil output and abducted foreign workers. Goodluck Jonathan was likely to visit impoverished...
The US Congress has voted to brand OPEC’s efforts to control world oil prices illegal. And with support of the legislation strong in the Senate as well, President Bush could soon be thrust into the unenviable position of siding with...
A protest by Ogoni villagers at a major oil export pipeline complex in Nigeria has entered its fourth day. Villagers from K-Dere occupied the pipeline hub at Bomu, which feeds the Bonny shipping terminal, and forced Shell to shut 150...
Archbishop Desmond Tutu, scholar and Nobel Peace Prize laureate, makes a passionate call for G8 action on global warming in today's Huffington Post. "I can think of three billion reasons why President Bush should agree to take action on climate...
The violence in the Niger Delta is escalating. Fighters from the Movement for the Emancipation of the Niger Delta (MEND) today claimed to have destroyed three major oil pipelines in the region. MEND said the Italian oil firm Agip's Brass...
Further to Steve’s blog on Saturday – more on the New York Times story. Between 100,000 and 300,000 barrels a day of Iraq’s declared oil production over the past four years is unaccounted for and could have been siphoned off...
The United States is stepping up its involvement in the Nigeria to counter growing violence in the Niger Delta. Theresa Whelan, Deputy Assistant Secretary of Defense, told a conference sponsored by the Center for Strategic and International Studies that the...
Gulf governments are planning to build oil pipelines that will bypass the world’s most vulnerable energy choke point, the Strait of Hormuz, aiming to avoid possible Iranian threats to global oil shipments. Around two-fifths of the world’s traded oil is...
Chinese President Hu Jintao arrives in Moscow today, offering trade deal in return for Russian oil and gas. Hu's three-day state visit to Russia will be his third as president, showing how seriously Beijing is courting President Putin. "At present,...
