Oil giant makes peace in Myanmar
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US oil giant Unocal Corp has agreed in principle to settle a lawsuit brought by Myanmar villagers who accused it of complicity in human rights abuses, including slave labour, during the building of a pipeline, a company spokesman said today.
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Aung San Suu Kyi is a symbol of peaceful defiance in Burma, but she has been kept quiet as protests have escalated.
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A peace deal between rebel gangs in Nigeria helped drag the price of a barrel of oil back below $50 in New York yesterday, giving a boost to the equity markets and pushing
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The leader of rebels in Nigeria's Niger Delta, the hub of the country's oil wealth, where unrest sent world crude prices soaring this week, said his group had no quarrel with multinationals operating in the region.
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NEW YORK - Oil prices ended above the $50-a-barrel mark last week amid concern over possible conflict in Nigeria&#39;s oil-producing delta region, where a two-day truce between rebel militia and government forces is holding.
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Calm reigned in Najaf Friday, as Shi&#39;ite militants abandoned the holy Imam Ali shrine in accordance with a peace deal brokered by Iraq&#39;s top Shi&#39;ite cleric Ayatollah Ali al-Sistani.
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19 October 2004 - Concerned by reports of the dismissal and detention of the Prime Minister of Myanmar, United Nations Secretary-General Kofi Annan today called on the country&#39;s authorities to remain committed to the process of national reconciliation
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An Asia-Europe forum has accepted Myanmar and 12 other new members ahead of a summit strained by Yangon&#39;s human rights record and detention of democracy icon Aung San Suu Kyi.
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Oil prices ended above the  $50-a-barrel mark on Friday amid concern over possible conflict  in Nigeria's oil-producing delta region, where a two-day truce  between rebel militia and government forces is holding.
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Burma agrees a peace deal with a splinter group of Karen rebels, but the main body insists it will carry on its fight for autonomy.
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YANGON, Oct. 20. - A change in Myanmarâs political leadership brought fresh calls today for the military-ruled south-east Asian country to carry on with promises to restore democracy.
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A consortium of foreign companies has resolved a dispute over Kazakhstanâs giant Kashagan oil field.
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Myanmar's military strongman Than Shwe wrapped up a visit to India with a pledge to bring democracy to his secretive state and said the junta will not let rebels against Indian rule operate from its soil.
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PORT HARCOURT, Nigeria  - A Nigerian community,  which forced ChevronTexaco to shut in 20,000 barrels per day of  crude for weeks, has ended its dispute with the U.S. oil giant,  saying it can resume production.
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The owner and operators of the tanker involved in South Korea's worst oil spill denied any wrongdoing Thursday and offered sympathy to locals affected by the environmental fallout.
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People in Myanmar welcomed the military government's promise of multi-party elections in 2010 on Sunday as an opportunity to be seized, despite deep skepticism from opposition politicians and abroad.
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A rebel Nigerian warlord withdrew a threat to shut oil operations in the world's seventh largest exporter on Friday as part of a peace deal negotiated with the government.