The Nigerian military on Sunday confirmed that multiple attacks were carried out on oil installations in the Niger Delta area. The Commander of the Joint Task Force, JTF, Alani Okunlola, Continue Reading
Nigeria’s troubled economy, which is on the brink of a recession, is expected to worsen following the lifting of economic sanctions on Iran by the United States which effectively re-admits Continue Reading
China Securities Regulatory Commission Chairman Xiao Gang in Hong Kong in January 2015. What’s wrong with China’s stock market? Just about everything, according to a statement from Xiao Gang , Continue Reading
Sainty Marine Corporation started small, buying and selling a few ships in the 1980s. But the state-owned Chinese company went on a debt-fueled binge over the last few years, opening Continue Reading
Chinese oil producer MIE Holdings Corp. fell to record lows in the bond market after Fitch Ratings downgraded it further into junk territory citing uncertainty it will be able to Continue Reading
The classic I.P.A.T. (Ecological Impact = Population * Affluence * Technology) equation very succinctly sums up the problem that humanity faces. Growth in both the number of people on the Continue Reading
The head of Nexen Energy ULC, which is owned by Chinese state-controlled energy company Cnooc, apologized for the accident at its Long Lake facility in northern Alberta and said Cnooc Continue Reading
Oil held above $118 on Wednesday but stayed on the boil due to a weakening dollar, supply disruptions in Nigeria and fears that a refinery strike in Scotland could hit Continue Reading
Negative energy prices are rare but not unprecedented. Propane traded at a negative value in Edmonton, a key pipeline hub in oil-rich Alberta province, for about three months last year. Continue Reading
The two Canadian energy companies have been working on a revised bid since Friday , this person said, adding that talks were still ongoing. The value of the potential revised Continue Reading
