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2026

2026

Stop Complaining About Gas Prices

Stop complaining about high gas prices – you have it cheap – that is the message from the oil barons to the American public. In parts of Europe, gas prices are $5 per gallon to $7 per gallon, the chairman...

Dozen Niger Delta Chiefs Assassinated

Reports in the Nigerian press suggest twelve chiefs from the Kula community in Rivers State were killed earlier this month, bringing the death-toll in the area to twenty five in oil-related violence. The Vanguard newspaper reports that the Kula Chiefs...

Court Backs Chávez in Row with Exxon

President Hugo Chávez has scored a significant victory over Exxon Mobil when a British court lifted a $12bn freeze on Venezuelan assets and sided with his administration against the oil giant. The ruling backed Venezuela's government in a row with...

UK Watchdog Warns About Carbon Trading

The fast-growing market in carbon dioxide emissions poses risks that could threaten other commodities markets, the British Financial Services Authority has warned. The watchdog said problems including investors being sold unsuitable products, confusion over the regulation of emissions traders, and...