By Gilbert da Costa Abuja 15 September 2006 Nigerian oil unions say they could resume their strike, if the government fails to meet their demands. The unions suspended their strike Thursday, a day after it started. ----- A Nigerian army gunboat arri...
By Paul Sisco Washington, D.C. 18 August 2006 watch Oil Spill report A ceasefire in the Middle East is allowing officials to assess some of the environmental damage from the fighting between Israel and Hezbollah. Some experts say the long-term envir...
By Gilbert da Costa Abuja 14 August 2006 Militant patrols creeks of the Niger Delta area of Nigeria (File photo) Armed men seized four foreign oil workers Sunday in the latest kidnapping in the oil-rich Niger Delta. It was the fifth kidnapping in th...
By Barry Unger Washington, DC 17 July 2006 watch Russia Middle Class report As leaders of the world's industrial nations and Russia meet in St. Petersburg for the G-8 Summit, the country they are visiting has undergone many changes in recent years....
By Gilbert da Costa Abuja 13 July 2006 Nigerian authorities are investigating explosions at two crude oil pipelines, which are causing massive spills in the southern state of Bayelsa. State authorities are seeking to end a wave of kidnappings, hosta...
By Gilbert da Costa Abuja 07 June 2006 A militant group in the Niger Delta Wednesday staged a bloody raid on an oil facility seizing five South Korean oil workers and killing four soldiers. ----------...
By Gilbert da Costa Abuja 03 June 2006 Nigerian President Olusegun Obasanjo has taken charge of mediation efforts to secure the release of eight foreign oil workers seized Friday. Presidential spokesw...
By Mil Arcega Washington, DC 04 May 2006 watch Ripple Effect of Oil report The latest data on consumer spending shows the U.S. economy continues to expand at a healthy pace. But some economists fear o...
By Ron Corben Bangkok 02 May 2006 High global oil prices are taking their toll in Thailand, where the nation's fishing fleet - one of the largest in Southeast Asia - has been affected. Hundreds of ves...
By George Dwyer Washington, DC 01 May 2006 watch World Oil Peak report Rising oil prices have many consumers and business people wondering how long it will be before the price of a barrel of oil or a...