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Breaking News Sat, 28 Jan 2012
Angry youths protest in front of the National television station on fourth day of the nationwide strike on the removal of a fuel subsidy by the government in Lagos, Nigeria
(photo: AP / Sunday Alamba)
Nigeria oil union threats shutdown amid strike
Denver Post
| LAGOS, Nigeria—A union representing 20,000 oil and gas workers in Nigeria threatened Thursday it would shut down all production starting Sunday to take part in the crippling nationwide strike over spiraling fuel prices. | The strike began Monday after the Nigerian government reversed a two-d...
Trade union members display placards during a protest, in Lagos, Nigeria, Wednesday, Nov. 10, 2010. Trade unions protesting Nigeria's minimum wage have called a warning strike across the oil-rich nation. Wednesday's strike by the Nigerian Labor Congress and the Trade Union Congress comes despite last-minute negotiations between President Goodluck Jonathan and union leaders.
(photo: AP / Sunday Alamba)
Anger grows as Nigeria fuel strike enters 3rd day
The Guardian
* Deadlock over fuel subsidy removal * Strikes hurt security as Boko Haram menace grows * Africa's second biggest economy paralised By Tim Cocks LAGOS, Jan 11 (Reuters) - A bitter showdown between Nigeria's government and unions with popular backing enters its third day on Wednesday, with workers vo...
US Homeland Security Suggests Military Action in Nigeria
GlobalResearch
| For the fifth consecutive day, the Nigerian people have staged national strikes throughout their country in protest of the recent removal of fuel subsidies, which more than doubled the prices of transportation and commodities. In the northern city ...
Nigeria president's bungled fuel policy hurts his reputation
The Los Angeles Times
Reporting from Johannesburg, South Africa— Nigerian President Goodluck Jonathan's bungled effort to raise the country's fuel prices to the market rate has hurt his international reputation as a potential reformer and infuriated a population tir...
Analysis: Nigeria protests up pressure to reform oil sector
Daily Press
| LAGOS (Reuters) - A week of protests over fuel prices has put Nigeria's government under more pressure than ever to make good on long-unfulfilled promises to reform its notoriously inefficient and corrupt energy sector, and this time it will be har...
Chevron: Nigeria rig still burning, two people missing
The Business Review
San Francisco Business Times by Steven E.F. Brown, Web Editor Date: Tuesday, January 17, 2012, 1:58pm PST Related: , , Photo: Chevron Corp. | Chevron’s K.S. Endeavor drilling rig burning off the Nigerian coast. Related News Steven E.F. Brown Web Ed...
Chevron oil rig catches fire off Nigeria coast
The Guardian
| The company is still investigating the fire, which occurred near its North Apoi oil platform, where two workers are missing | • Nigeria on alert as Shell announces worst oil spill in a decade The KS Endeavor jack-up rig on fire at the Funiwa fiel...
Chevron rig catches fire off Nigeria's delta
Indian Express
| An offshore rig exploring possible oil and gas fields off Nigeria's coast for Chevron Corp. caught fire Monday, and the oil company said officials were still trying to account for all those working there. | Chevron said two workers were missing and...
PENGASSAN, NUPENG Urge Enactment of Petroleum Industry Bill
All Africa
Leadership (Abuja)-The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the Federal Government to fast-track the enactment of the Petroleum Industry Bill (PIB). | ...
On Our Radar: House Panel Summons Clinton on Keystone Pipeline
The New York Times
| Fred Upton, the Republican chairman of the House Energy and Commerce Committee, says he has asked Secretary of State Hillary Clinton to testify next week on the Obama administration’s decision not to approve the Keystone XL pipeline. The pipeline...
US Homeland Security Suggests Military Action in Nigeria
GlobalResearch
| For the fifth consecutive day, the Nigerian people have staged national strikes throughout their country in protest of the recent removal of fuel subsidies, which more than doubled the prices of transportation and commodities. In the northern city ...
Good Fate for Petroleum Industry Bill
All Africa
The Moment (London)-Now that the federal legislators have finally agreed to pass the Petroleum Industry Bill (PIB), one can boldly say that there is now good fate for the PIB, which would be for the benefits of all Nigerians. | ...
FG Approves the Audit of Oil, Gas and Mining Revenues
All Africa
Nigeria First (Abuja)-Further to the resolve of the Federal Government to promote transparency and accountability in the management of Nigeria's oil, gas and mining revenues, the Federal Executive Council (FEC) has approved the sum of N364 million fo...
Stock Market
The UniCredit bank logo is seen on the bank's headquarters in downtown Milan, Italy, Sunday, Oct.5, 2008 as an extraordinary board meeting has been called for Sunday to discuss measures concerning its financial position
(photo: AP / Antonio Calanni)
UniCredit Gaining Investor Support for $9.6 Billion Rights Issue
The New York Times
| LONDON — Aabar Investments, an investment vehicle for Abu Dhabi’s sovereign wealth fund, said on Tuesday that it would increase its stake in Italian bank UniCredit to 6.5 percent from 5 percent after the Milan-based firm completes a so-called rights offering at the end of the month. The deal would make Aabar the largest individual investo...
Economy
General view showing an empty beach at the Red Sea resort of Sharm el Sheik, Egypt, Sunday, Dec.5, 2010. Security officials say a shark has killed an elderly German tourist at an Egyptian Red Sea resort, a few days after three Russians and a Ukrainian tourist were badly mauled in shark attacks.
(photo: AP)
Egypt's tourism sector struggles to revive fortunes
m&c
| Hurghada, Egypt - The beaches are almost empty and taxi drivers jockey for customers in Egypt's Red Sea resort of Hurghada, once a bustling city, now desperately struggling to revive its tourism sector a year after the country's political revolution. | 'No tourists simply means no money,' said diving instructor Mohamed, standing under a palm tree...



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2009.02.25
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