Nigeria adopts new gas policy to favour domestic users
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Energy-rich Nigeria has approved a new policy requiring gas producers to direct a part of their output to the domestic market, rather than exporting it, a presidential statement said Friday.
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Oil and gas-rich Nigeria plans to build a second multi-billion-dollar liquefied natural gas (LNG) plant in the southwestern state of Ondo, officials said.
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Tokyo, Feb. 13 (Jiji Press)--Japan Airlines  said Tuesday it has applied to the Land, Infrastructure and Transport Ministry for approval to lower fuel surcharges for international flights.
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A nation-wide strike is under way in Nigeria to protest fuel price increases in the oil-rich west African nation. Reports from Abuja, the Nigerian capital, and Lagos, the country&#39;s commercial cenbter, say
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The government unveiled a plan to help consumers more effectively offset the carbon dioxide their lifestyles produce.
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Oil giant Exxon Mobil Corp. said Wednesday it is teaming up with Nigeria's state-owned oil company to build a plant to produce natural gas on the country's Atlantic coast for markets in Europe and America.
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Trade unions have joined a government team to find ways of easing the impact of a 25% rise, but refused to end the protest. Nigeria is Africa&#39;s biggest oil producer and is seeking to cut heavily subsidised fuel prices.
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LONDON -- British Gas on Tuesday announced sharp increases in domestic natural gas and electricity bills, blaming part of them on the high cost of wholesale gasoline.
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Subsidising cheap fuel costs the government in Abuja more than $2bn (Â£1.25bn) a year - and President Olusegun Obasanjo has spent much of his second term in power trying to get rid of that subsidy.
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Nigeria is working to soon restore losses in oil production because of militant attacks on some pipelines, the country's finance minister said Tuesday.
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Nigerian unions Wednesday launched a general strike over a steep hike in fuel prices in one of the world&#39;s foremost oil exporters, in a first big test for the countryÃÂÃÂs new president, Umaru Yar-Adua.
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LAGOS, 11 Oct 2004 (IRIN) - Several of Nigeria&#39;s biggest cities were paralysed on Monday as labour unions began a four-day general strike to protest at the latest fuel price increases under President Olusegun Obasanjoâs deregulation programme.
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Iraq's cabinet approved changes to a draft oil law on Tuesday, taking a big step towards meeting a key political target for national reconciliation set by the United States.
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A sudden aviation fuel shortage grounds domestic and international flights out of Nigeria's commercial centre.
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Crude prices have hit record highs as Nigeria emerges as the new focus of worries about supply security on world oil markets. London Brent on the International Petroleum
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Foreign oil companies have increased security precautions amid fears of attacks by rebels in Nigeria&#39;s Niger Delta region. A group known as the Niger Delta People&#39;s Volunteer Force says it will attack foreign oil workers.
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Nigeria has bought 15 new patrol boats from the United States to help Africa&#39;s top oil producer crack down on rampant theft of crude from its coastal oilfields, a navy spokesman says.