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Tag Archives: oil

OPEC pumps more oil in July despite cut pledge: IEA

Paris, France | AFP | OPEC pumped more oil in July as global oil supplies rose for the third straight month, the IEA said Friday, giving figures that cast further doubt on the cartel’s pledge to cut output to raise prices. In its monthly report on the global oil market, the …

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Museveni, Magufuli lay foundation stone for oil pipeline

Presidents Museveni, Magufuli lay foundation stone for crude oil pipeline construction Tanga, Tanzania | PPU | President Yoweri Museveni and his Tanzania counterpart Joseph Pombe Magufuli have commissioned the construction of the 1,445km-long East African crude oil pipe line from Hoima district in Uganda to the Tanzanian port of Tanga. The …

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Nigerian military ordered to boost response to Boko Haram

Abuja, Nigeria | AFP | Nigeria’s military has been ordered to strengthen its response to Boko Haram after 69 people were killed in an ambush earlier this week, the government said on Sunday. Vice-President Yemi Osinbajo held emergency talks with top brass to discuss Tuesday’s attack, which targeted an oil exploration …

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Boko Haram ambush death toll hits 69

Kano, Nigeria | AFP | At least 69 people died in a Boko Haram ambush of an oil exploration team in northeast Nigeria, as three men kidnapped by the jihadists made a video appeal. Experts said the attack — Boko Haram’s bloodiest this year — underscored the persistent threat it …

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Shell shuts down key supply pipeline in Nigeria

Lagos, Nigeria | AFP | Anglo-Dutch energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria’s restive south because of a leak. Shell subsidiary the Shell Petroleum Development Corporation of Nigeria Ltd (SPDC) said the Trans Niger Pipeline (TNP) was shut on July 21 …

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Nigeria’s ex-oil minister battles slew of graft cases

Lagos, Nigeria | AFP | Nigeria’s former oil minister faces charges only at home but her name crops up in a growing number of international cases that lift the lid on the scale of alleged corruption in the country’s oil sector. Since leaving office in 2015, Diezani Alison-Madueke has been implicated …

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