Libya’s Damaged Pipeline Will Come Back Online In January
The Libyan crude oil pipeline blown up on Tuesday will take about a week to repair , the chairman of Libya’s National Oil Corporation (NOC) said on Wednesday. On Tuesday, Continue Reading
Nigeria: Senate Cuts Short Recess to Address Fuel Scarcity
The Senate yesterday cut short its three-week recess to convene a meeting with stakeholders in the oil sector, with a view to addressing the fuel scarcity which appears to have Continue Reading
Nigeria: Blame Game Continues As Fuel Scarcity Persists in Abuja
The relief felt in Lagos is yet to extend to Abuja as the shortage of fuel persisted in the nation’s federal capital territory Wednesday. Long queues remained the main feature Continue Reading
Fuel Crisis Intensifies In Nigeria
Williams is a financial/business journalist, a communications specialist and an author. With over ten years’ newsroom experience, he has a reputation for crafting major headlines… Again, Nigeria’s government has failed Continue Reading
Once a Cash Cow, Venezuela’s Oil Company Now Verges on Collapse
A general with no energy experience has been installed as the head of the state oil company. Arrest s, firings, and desperate emigration have gutted top talent. Oil facilities are Continue Reading
Venezuelans protest over pork shortage, Maduro blames Portugal
Hundreds of Venezuelans took to the streets in poor parts of Caracas overnight to protest a shortage of pork for traditional Christmas meals in the latest symptom of social discontent Continue Reading
Venezuela Backs Its New Cryptocurrency With 5 Billion Barrels Of Crude
Venezuelan President Maduro shocked the market in early December when he followed China’s ‘petro-yuan’ futures announcement by making headlines of himself proclaiming a new national cryptocurrency – the ‘Petro’ – Continue Reading
South Korea finalizes energy plan to boost renewable power generation
South Korea has finalized a power supply plan that aims to make renewables the country’s fuel of choice for power generation for the next 15 years, its energy ministry said Continue Reading
China’s leaders fret over debts lurking in shadow banking system
In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager Continue Reading
Beijing starts using special license plates for green vehicles
State media in China reported Thursday that commuters in Beijing started using special license plates to designate alternative vehicles for the first time. The Chinese Ministry of Public Security in Continue Reading