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Tag: press
Viewing 11 - 15 out of 243 Blogs.
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By mid-afternoon in Europe, benchmark crude for November delivery was up 74 cents at $70.31 in electronic trading on the New York Mercantile Exchange. The contract lost $1.31 to settle at $69.57 on Wednesday.A slide in the U.S. dollar has helped bolster oil prices, which are traded in the American c[Oil rises above $70 on weaker dollar, Nigeria risk - The Associated Press]... Read More
The Movement for the Emancipation of the Niger Delta said in a statement late Wednesday that it will burn down all attacked oil installations and no longer limit attacks to the destruction of pipelines.Militant spokesman Jomo Gbomo warned oil companies to disregard government claims that the amnesty[Nigerian militants vow to resume attacks next week - The Associated Press]... Read More
Government amnesty committee spokeswoman Timiebi Koripamo-Agari says militant leader Government Tompolo is among those taking part. Another leader, Farah Dagogo, surrendered over the weekend.The Movement for the Emancipation of the Niger Delta has said that it has replaced commanders who have surren[Key Nigerian militants taking part in amnesty deal - The Associated Press]... Read More
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has expressed readiness to bid for refinery license in the country. The development came on the heels of recent announcement by the Federal government that it had removed $1million mandatory deposit placed on investors wis[Nigeria: US$1 Million Waiver - Pengassan Expresses Interest in ... - AllAfrica.com]... Read More
The government has acknowledged the grievances of many in the Niger Delta, but denounces the militants as criminals who steal crude oil from Nigeria's wells and pipelines and profit by selling it overseas.A truce that the militants declared in July expired last week, but the militant Movement for th[Nigeria says truce with delta militants holding - The Associated Press]... Read More
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