Oil firms ordered to Niger Delta
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Nigeria's government tells all oil firms that fled militant attacks in the Niger Delta to return or cease work.
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Nigeria and Sao Tome signed a landmark oil exploration contract with a U.S.-dominated consortium on Tuesday, marking Sao Tome's first steps into the world of big oil, authorities said on Tuesday.
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Oil prices dropped from record highs  above $50 a barrel on Wednesday as the U.S. government reported  a surprise increase in crude stocks and rebels in Nigeria's  oil-rich delta region agreed a cease-fire.
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Hundreds of people invade an oil installation operated by Chevron Texaco in Nigeria's Delta region.
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Nigerian rebels fighting for sovereignty of the oil-producing Niger delta told oil companies in the world&#39;s seventh largest exporter to shut production before they begin an &quot;all-out war&quot; on Oct. 1.
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Nigerian security agents have stepped up efforts to secure the release of four foreign oil and gas workers who were taken prisoner this week in the restive Niger Delta.
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Nigerian rebels fighting for sovereignty  of the oil-producing Niger delta told oil companies in the  world's seventh largest exporter to shut production before they  begin an "all-out war" on Oct. 1.
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Lagos, Nigeria, Sep. 30 (FIDES/CWNews.com) - Lagos (Fides Service)- The leader of a Nigerian rebel group which has threatened to sabotage oil production in the Niger River delta is in Abuja, the capital of
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PORT HARCOURT, Nigeria  - Gunmen used dynamite and heavy machine guns to kidnap at least three senior managers of Indonesian chemical company Indorama in Nigeria's southern oil-producing Niger Delta, police said on Friday.
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The Nigerian Senate has ordered Anglo-Dutch oil giant Shell to pay 1.5 billion dollars (1.2 billion euros) compensation for damages caused by nearly 60 years of exploration in the Niger Delta, a Senate document said.
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By Pascal Fletcher CARACAS, Venezuela  - Venezuela on Sunday orderedforeign oil firms operating in its huge Orinoco heavy crudebelt to pay much higher taxes in what President Hugo Chavezcalled a drive to tighten sovereign control over petroleumresources.
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Five oil workers have been kidnapped in southern Nigeria's oil-rich Delta region, officials say.
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The Chevron Corporation said it had restored normal production levels at its Pennington oil fields in Nigeria after a militant attack forced the company to cut output earlier this month. Chevron shut off 15,000 barrels a day on May 1 from its offshore Funiwa oil field, which is connected to the Pennington export terminal, after the kidnapping of foreign oil workers by militants.
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Insurgents in Nigeriaâs southern Niger Delta will begin âa full-scale armed struggleâ to wrest control of the regionâs oil riches from the government on Friday, a rebel spokesman said today.
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Port Harcourt, Nigeria - Multinational oil companies began talks with hundreds of Nigerian villagers occupying three oil platforms yesterday in a dispute over jobs that shut at least 90 000 barrels per day (bpd) of oil production.
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Crude oil futures rose in New York after unions in Nigeria, the fifth-biggest supplier to the US, called a strike this month to disrupt the country&#39;s oil exports.
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A Jordanian oil firm sought approval from a U.S.-led international naval force to import millions of barrels of Iraqi crude through the Persian Gulf in violation of U.N. sanctions in February 2003, according to an internal company e-mail released Wednesday.