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2026

2026

A Not so Happy New Year for Nigeria

Whilst the political crisis and rising death toll in Kenya is gaining global attention and absorbing the media’s attitude for stories from Africa, it’s a bloody New Year in Nigeria too. Thirteen people died after armed militants attacked targets in...

Nigeria: MEND Promises Bloodshed

More unrest for Nigeria. The main militant group in the Niger Delta – MEND or The Movement for the Emancipation of the Niger Delta - is threatening a "bloody fight" in the new year. MEND says in an e-mail statement...

Saudi Holds 200 Over Foiled Oil Attack

Saudi Arabia says it has arrested 208 militants for involvement in cells planning an imminent attack on an oil installation, as well as attacks on clerics and security forces. State television in the world's biggest oil exporter said one of...

Climate Change Will Disrupt US Oil Production

A new US government report has concluded that climate change may produce stronger hurricanes that could disrupt U.S. oil production in the Gulf of Mexico and damage ports and pipelines along the coast that move fuel supplies. The report from...

Iran: OPEC will not be Pressured by Consumers

As oil prices continue to rise, Iran has warned that OPEC would not allow itself to be pressured by consumers in the face of rising oil prices, saying current record crude highs were good for oil exporting countries. 'The talk...

Iran Warns Total Over Oil Project

Iran has warned France it is prepared to go ahead with a major gas project with Total using Iranian firms alone if the French oil giant gives in to political pressure and does not swiftly implement the deal. 'I have...

China Increases Hold On Kazakh Oil

China is undertaking a buying spree of oil and gas assets in oil rich Kazachstan. A year and a half ago, China’s state oil company CNPC became the main shareholder of PetroKazakhstan in a $4.2bn deal. From petrol stations to...

Dean Batters Mexican Oil Industry

Although Hurricane Dean may be weakened, it is still battering evacuated oil rigs in the Bay of Campeche in the heart of Mexico's energy industry. Although weakened from its overland journey, Dean has moved over the Bay of Campeche, home...

Venezuela and China Plan $10 Billion Heavy Oil Venture

Petroleos de Venezuela SA, the state-owned oil company, and China National Petroleum Corp will invest over $10 billion to produce oil in the Faja del Orinoco region and refine at least some of it in China. The venture may produce...

Ecuador: Pay Us to Keep the Oil in the Ground

Under pressure to preserve the environment while at the same time ease the poverty of his people, Ecuadorean President Rafael Correa has come up with an unusual and novel solution. President Rafael Correa has startled Wall Street with talk of...