Tag: oil

‘Scheme’ to lower gas at the pump hits Africa hard

‘Scheme’ to lower gas at the pump hits Africa hard

| December 19, 2014

(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 […]

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Energy companies set sights on war-torn Somalia for next big dig

Energy companies set sights on war-torn Somalia for next big dig

| December 11, 2014

(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 […]

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Oil barons jump on new finds in Africa, ignoring climate justice calls

Oil barons jump on new finds in Africa, ignoring climate justice calls

| October 3, 2014

(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 […]

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Nigerian President Goodluck Jonathan feels heat as critics turn up volume

Nigerian President Goodluck Jonathan feels heat as critics turn up volume

| December 28, 2013

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.

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Africa News in Brief: Sept. 11 edition

Africa News in Brief: Sept. 11 edition

| September 10, 2013

• Oil polluter snared in corruption crackdown
• Gold miners reject 6 percent pay hike as owners sock away cash
• Kenyan actress wins strong accolades for new epic film
• Sisulu University heads for chopping block

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