(GIN)—Subsidiaries of some of the world’s leading oil companies shipped millions of barrels of Nigerian crude oil to the U.S. but failed to report these, causing a drop in Nigeria’s oil export earnings. They have now been named in a landmark suit by the Nigerian government seeking billions in reimbursement. The Federal High Court in […]
(GIN)—The Kgalagadi Transfrontier Peace Park is a rich ecosystem where one finds the gemsbok desert antelope, black-maned Kalahari lions and pygmy falcons. It’s known far and wide for its breathtaking wilderness, wildlife and rest camps. Welcome to the new home of gas exploration and fracking. Last year, natural gas frackers from the UK—Karoo Energy formerly […]
(GIN)–Falling oil prices are happy news for American car owners but disastrous news for Africa which was recently celebrating an “oil boom” around the continent. Some energy consultants see falling prices as a political maneuver by the West designed to bring rebellious countries to their knees. Saudi Arabia also had a bone to pick with […]
(GIN)—It may not be clear who is running Somalia these days but energy companies appear to know who to call as they conduct onshore and offshore seismic surveys which could make the Horn of Africa an oil giant within six years. Exxon Mobil, Royal Dutch Shell, BP and Chevron are all activating plans to drill […]
(GIN)–U.S. and UK oil explorers are making their moves on the Western Sahara, between Mauritania and Morocco, despite calls by thousands of climate justice activists worldwide to “keep the soil in the oil.” Kosmos Energy, a US oil and gas exploration firm, along with Cairn Energy of the UK, plan to use rights obtained in […]
Dark clouds are shadowing Goodluck Jonathan who has been largely unscathed by scandal until new evidence of massive corruption on a shocking scale hit the front pages.