Leaders in a volatile region of Nigeria have agreed to participate in government-backed talks intended to stop attacks on the country's oil industry, a government spokesman said Tuesday.
Oil prices edged higher Tuesday as traders remained wary of potential supply disruptions in Nigeria and held back ahead of an upcoming inventory report.
A Nigerian rebel movement blamed for an number of recent attacks on the African country's oil industry announced a unilateral truce Sunday after an appeal for negotiations by tribal leaders.
Concerns about supply in the Iranian, Nigerian, and Chinese oil markets sent crude through another volatile trading session Friday, with prices rising nearly $5 before settling higher by less than $3.
Oil production was shut down at an offshore Nigerian facility after an armed attack Thursday by a powerful militant group from the Delta region, Shell said.
Royal Dutch Shell said it shut down production from an offshore oil field that produces about 200,000 barrels per day after the most powerful militant group in Nigeria launched an attack on an installation there Thursday.
Royal Dutch Shell said it shut down production at an offshore oil installation that produces about 200,000 barrels per day after the most powerful militant group in Nigeria said it launched an attack there Thursday
Leaders in a volatile region of Nigeria have agreed to participate in government-backed talks intended to stop attacks on the country's oil industry, a government spokesman said Tuesday.
Oil prices edged higher Tuesday as traders remained wary of potential supply disruptions in Nigeria and held back ahead of an upcoming inventory report.
A Nigerian rebel movement blamed for an number of recent attacks on the African country's oil industry announced a unilateral truce Sunday after an appeal for negotiations by tribal leaders.
Concerns about supply in the Iranian, Nigerian, and Chinese oil markets sent crude through another volatile trading session Friday, with prices rising nearly $5 before settling higher by less than $3.
Oil production was shut down at an offshore Nigerian facility after an armed attack Thursday by a powerful militant group from the Delta region, Shell said.
Royal Dutch Shell said it shut down production from an offshore oil field that produces about 200,000 barrels per day after the most powerful militant group in Nigeria launched an attack on an installation there Thursday.
Royal Dutch Shell said it shut down production at an offshore oil installation that produces about 200,000 barrels per day after the most powerful militant group in Nigeria said it launched an attack there Thursday
In a nearly $5 swing from its lows, crude prices ended sharply higher Wednesday following a report that Nigerian oil workers are threatening to go on strike.
A rebel group that has been attacking oil pipelines in southern Nigeria claimed responsibility on Monday for another strike and said it killed 11 government soldiers in fighting that followed the sabotage.
Some 800,000 residents were forcibly evicted from their homes in
the Nigerian capital, Abuja, over a four-year period to make way for
development in the fast-growing city, a rights group said
Thursday
Polio cases have nearly doubled this year in the West African nation
of Nigeria as officials struggle to fight various natural strains of the
virus as well as an outbreak set off by the polio vaccine itself three
years ago
At age 77, author Chinua Achebe is living in grace and in exile, housed in a cottage built just for him on the campus of Bard College, lonely for his native Nigeria and the people for whom his stories have been written.
More than 30 people were killed after a car crashed into a fuel tanker, which exploded and burst into flames early Saturday in the oil-rich town of Port Harcourt in Nigeria, police said.
Oil prices kicked off 2008 by hitting $100 a barrel for the first time Wednesday, with violence in oil-rich Nigeria, the prospect of more interest rate cuts, a halt in Mexican imports and talk of yet another drop in U.S. crude supplies contributing to the milestone.
The Egbin Thermal Power Station, a few miles outside Lagos, is Nigeria's largest generating plant, with a capacity of 1,320 megawatts. It has six units, but two have been cannibalized to repair the remaining four, and at peak hours only two turbines are functioning. On bad days, like the first week in November, when the gas supply line was sabotaged, the plant shuts down altogether.
The Palms shopping center in Lagos is the largest mall in sub-Saharan Africa. It's managed by a South African company, Broll, and most of its stores - Game, Shoprite, NuMetro, Nandos - are South African brands. The largest mobile-phone company in Nigeria? It, too, is South African: MTN, which has captured nearly 50% of the market.
Nigerian kidnappers released a 3-year-old British girl on Sunday after holding her for four days, and no ransom was paid, according to Nigerian police sources close to the investigation.
Crude gained $1.00 Friday to settle at $72.81, the highest settlement since Aug. 22, 2006, as Nigerian disruptions and OPEC output cuts stirred supply concerns amid rising U.S. refiner demand.
Oil prices rose above $69 a barrel on Friday on fears a general strike in Nigeria could intensify and disrupt crude shipments from the world's eighth-largest exporter.
Oil prices were flat Tuesday, hovering near a 10-month high posted in the previous session on concerns that a strike call in Nigeria could further cut crude output in the world's eighth-biggest oil exporter.
Oil prices remained higher Wednesday after government said supplies of crude oil showed a surprise gain but gasoline stocks and refinery runs declined.
Nigerians hoping for an honest leader to fight endemic corruption voted in presidential elections Saturday, but disarray at the polls and a failed truck bombing caused unease in a country trying to solidify democratic rule.
Twenty-four recently freed Filipino hostages safely arrived home to Manila Saturday after militants held them captive for 25 days in a clandestine jungle camp in Nigeria.
The Philippine government strongly hinted Friday it would approve the payment of ransoms to win the freedom of 26 Filipino hostages missing or kidnapped in Nigeria.
Splashing across the murky waters of southern Nigeria in a speedboat, I suddenly found myself in one of the scariest positions of my journalistic career: masked militants firing machine guns at me and my crew.
At least 200 people were killed outside Lagos, Nigeria, in a massive explosion and fire that ignited as crowds carried away buckets of refined fuel from a tapped fuel pipeline, the Nigerian Red Cross said.
A Nigerian airliner carrying 104 people crashed shortly after take-off Sunday near the Abuja airport and burst into flames, airport and government officials told CNN.
Nigerian militants on Wednesday staged a bloody attack on an oil facility in the Port Harcourt area, abducting five South Korean oil workers to be held until two imprisoned local leaders are freed from jail, militants told CNN.
Armed attackers stormed an oil rig off the coast of Nigeria, kidnapping eight foreign workers and raising new fears over security in Africa's top oil producing nation.
Former Liberian President Charles Taylor has vanished from the Nigerian villa where he was living in exile, days after Nigeria said Liberian authorities could repatriate the man wanted for war crimes, a Nigerian government spokesman said Tuesday.
Three Western oil workers were released Monday after having been taken captive last month by militants in Nigeria's oil-rich Delta state, a government spokesman told CNN.
Only 27 of 150 passengers on a ship traveling from Nigeria to Gabon survived when the vessel sank Wednesday night, said the harbor master for the main port in Cameroon.
Sixteen people were killed and 11 churches were burned Saturday in Nigeria as part of the continuing violence over cartoons of Islam's Prophet Mohammed.
A highly pathogenic strain of avian flu has reached the African continent, the World Organization for Animal Health (OIE) and the World Health Organization (WHO) said Wednesday.
The family and company of an American oil worker in captivity in Nigeria have said they are worried about his health, following reports from his kidnappers that he is gravely ill and could die.
Oil prices rose Thursday, reaching $66 a barrel, on supply fears in producer countries despite a government report showing crude inventories surprisingly increased.
Nigerian President Olusegun Obasanjo has grounded Sosoliso Airlines in the wake of a weekend crash that killed 108 people, many of them Catholic secondary school students on their way home for the holidays, the president's office said Tuesday.
Four people who initially survived a passenger plane crash in southern Nigeria have died, bringing the death toll to 107, officials in Nigeria told CNN.
Officials in Nigeria say they are investigating the cause of a passenger plane crash that killed 107 people, including at least 65 secondary school children.
A Nigerian passenger plane carrying a "large number" of school children headed home for the holidays crashed and burned Saturday at an airport in Port Harcourt.
CNN.com asked its readers to share their views on the death of Pope John Paul II, who died Saturday. Here is a sampling from thousands of responses, some of which have been edited:
International oil giant Shell said Thursday it has been forced to suspend some exports of 110,000 barrels a day because of community unrest in the Niger River Delta in Nigeria.
At least 20 people were killed in a blast Tuesday at an oil production facility in Lagos as they were stealing fuel, a Nigerian government official said Thursday.
Oil prices settled above $53 a barrel Friday, closing at a record high for the fourth straight session, as labor strife in Nigeria and Norway rekindled supply worries.
The Nigerian government has signed a cease-fire with three rebel groups that had been targeting foreign oil companies and their workers in the Niger Delta region, government officials said Friday.
A rebel leader who had threatened to attack multinational oil interests in Nigeria says he and President Olusegun Obasanjo have agreed that rebel and government troops will stop firing on each other immediately.
The Nigerian rebel group fighting government troops in the oil-rich Niger delta has warned it will launch "all-out war on the Nigerian state" from October 1 and advised all oil companies to shut production by then.
The polio outbreak that originated in northern Nigeria continues to infect new countries and threatens to become an epidemic across west and central Africa, health officials say.
Let's say you wanted to rent your house this summer--one week minimum, please. You placed an online ad and got a response from a South African honeymooning couple asking if your home is available f...
Two U.S. workers with the Chevron oil company and three Nigerian employees have been killed in an ambush in the volatile Niger delta region of Nigeria.
The so-called Nigerian 4-1-9 scam deserves a place in the record books. Despite the sheer audacity of the pitch--Make money by helping launder ours!--the scheme has been separating the greedy and g...
Royal Dutch/Shell recently announced plans to invest in an $8.5 billion oil-and-gas project in Nigeria, a deal that could bring some $20 billion to the government over the next 25 years. But if the...
After 13 months in a Nigerian prison, American business- woman Marie McBroom, 57, was acquitted of charges that she illegally traded in oil and gas. McBroom, who could have been sentenced to death ...
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