By Kathryn Pomroy In Texas, the energy industry plays an important role, particularly when it comes to green energy. Because of the prominence coal, oil, and renewable energy play in the Lone Star State, concerns over CO2 emission levels are equally important. Burning fossil fuels and producing cement account for about two-thirds of all carbon dioxide
Tag: Oil
West African Oil Fortunes Diverge Along With Europe and China
By Bill Lehane For a glimpse of the growing disparity in the oil market’s recovery, look at crude sales from West Africa. Nigeria, the region’s biggest producer, has slashed prices while struggling to attract buyers in Europe, its main export market where demand is faltering. Meanwhile, Angola -- closely linked to China
Nigerian Oil Region Crisis Threatens Buhari’s Economic Plans
By Dulue Mbachu and Elisha Bala-Gbogbo Fresh from his comfortable re-election, Nigerian President Muhammadu Buhari faces a huge hurdle to keep his vow to end the economy’s addiction to oil: win a lasting peace in the crude-rich Niger River delta. The 76-year-old former military ruler will have to score a breakthrough that’s eluded previous governments
NNPC: Explosion hits major gas pipeline
An explosion ruptured a major Nigerian gas pipeline on Thursday, the state oil firm said in a statement, days after the same line was repaired following damage from a fire that shut it down earlier this month. The Escarvos-Lagos Pipeline was hit by an explosion along Egbokodo-Omadino in the Warri region
Op-ed: What if the oil is the true ideology of Boko Haram?
By Richards Murphy Editor's note: The views and opinions expressed here are those of the author and do not necessarily reflect the official policy of Global Sentinel. In this piece, Murphy analysed the ongoing insurgency in the north-eastern Nigeria. He also suggests that oil could be the root cause of the ongoing terrorism
Venezuela’s Unprecedented Collapse by Ricardo Hausmann
CAMBRIDGE – In a hastily organized plebiscite on July 16, held under the auspices of the opposition-controlled National Assembly to reject President Nicolás Maduro’s call for a National Constituent Assembly, more than 720,000 Venezuelans voted abroad. In the 2013 presidential election, only 62,311 did. Four days before the referendum, 2,117
Oil Swap Deal: The “conspiracy theory” against Captain ‘Hosa
By Sufuyan Ojeifo These are trying times for many businesses and their owners in Nigeria. Businesses are crumbling due to economic upheavals. Reputations of businessmen and women, nay government contractors, especially those of them who are not politically correct, are being shredded on account of some alleged malfeasances in recent years.
MRA slams NNPC for violating FOI Act
Babatunde Opalana For what was described as its persistent and unjustifiable violation of the provisions of the Freedom of Information Act over the last six years, a right activist group, Media Rights Agenda (MRA) has named the Nigerian National Petroleum Corporation (NNPC) as the latest inductee into its Freedom of Information