The Niger Delta Rebel group MEND has promised to suspend attacks on US and European oil facilities in Nigeria if former American President Jimmy Carter mediates peace talks.
“President Carter represents transparency, impartiality, humility and integrity; four key ingredients critical in the mediator recipe towards ensuring a genuine and enduring peace process for the region,” said […]

Nigeria, which has been forced to shut in more than half of its oil output following rebel attacks and a workers’ strike, could lose its position as Africa’s top oil exporter to Angola.
The cumulative oil production outage for Africa’s most populous nation now amounts to more than 1.3 million barrels per day from its most […]

A group of US senators is pressing President Bush to halt billions of dollars in sophisticated arms sales to Saudi Arabia and several other Gulf oil producers unless they agree to pump more oil.
The senators said if Saudi Arabia does not increase production, they would seek a resolution that would block the arms deals. But […]

Many years ago, before he died in a plane crash, the Nigerian academic Claude Ake warned about the consequences of the militarisation of commerce. Over a decade later, the spiral of violence concerning oil continues. Ake’s painful warning has come true.
As America conducts more naval maneuvers in the Gulf of Guinea, the Movement for […]

Things are certainly hotting up for foreign oil companies in Yemen. A blast shook an area near the headquarters of Canadian oil company Nexen in the capital Sanaa yesterday.
The blast followed Sunday’s mortar attack by an Al Qaeda terrorist organization on a residential complex in Yemen that houses executives and the headquarters of Safer E&P […]