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Saturday, November 29, 2008

Riots kill hundreds in Nigeria

Hundreds of people are reported to have been killed during religious clashes in the central Nigerian town of Jos

Opec discusses falling oil prices

OPEC ministers are meeting in Cairo to discuss the recent fall in oil price as Saudi Arabia identifies a price target per barrel of oil for the first time in years.

NIGERIAN RED CROSS OFFICIAL SAYS BODY COUNT IN JOS AT 200 POSSIBLY MORE

IGERIAN RED CROSS OFFICIAL SAYS MORE THAN 200 BODIES BROUGHT TO MOSQUE IN CITY OF JOS AFTER CLASHES, DEATH TOLL LIKELY TO RISE

Sunday, November 23, 2008

Govs Finally Agree to $45 Benchmark

A week after demanding that the 2009 budget should be benchmarked against $50 per barrel of crude oil, the governors of the 36 states yesterday agreed with the Federal Government's proposal of $45 per barrel

Saturday, November 15, 2008

IEA Predicts Oil Prices Would Rise to $200 Barrel By 2030

nternational Energy Agency, one of the world's leading authorities on energy supply says the era of cheap oil is over and prices could soon be back up to $100 a barrel

OPEC Meets As Oil Prices Slide

The 13-member nation of the Organisation of Petroleum Exporting Countries (OPEC) will meet in Cairo, Egypt on 29 November for "consultation" on the oil market, a senior Iranian oil official said yesterday, after oil prices continued their slide

Saturday, November 1, 2008

Nigeria: Chevron Faces Trial Over 1998 Platform Clash

A trial to determine, if Chevron Corp was responsible for a deadly clash between Nigerian forces and locals occupying an oil platform began Monday, raising questions about how far multinationals can go to protect their staff