Shell won&#39;t halt Nigeria operations
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Rebels tell companies to shut down ahead of a planned offensive; firm sees no reason to comply. LAGOS  - Nigeria&#39;s largest oil producer Royal Dutch Shell Group said it saw no reason to discontinue
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Lagos - Oil majors in Nigeria said on Tuesday they were undeterred by the threat of an armed group fighting government troops in the Niger Delta to attack oil facilities and personnel.
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Unions vowed to extend a general strike over fuel prices in Nigeria to a second day on Tuesday, helping drive world oil prices to record highs even though shipments from Africa&#39;s top producer were unaffected.
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Royal Dutch/Shell Group&#39;s Nigerian venture, which pumps almost half the oil in Africa&#39;s biggest oil producer, closed an oil-pumping station and reduced the movement of staff after rebels threatened to attack oil installations.
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HOUSTON -- The Securities and Exchange Commission has decided to take no action against the former Royal Dutch Shell PLC chief executive over the 2004 oil reserves overbooking scandal, his lawyer said yesterday.
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A freed Nigerian oil militant vows to continue his struggle to keep more oil wealth in the Niger Delta.
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Nigeria&#39;s senior union leaders have called for an indefinite general strike to disrupt oil supplies in the Niger Delta. The strike is a protest against Anglo-Dutch giant Shell, which they said is an &quot;enemy of the Nigerian people&quot;.
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Nigeria&#39;s main labour union said it would go ahead with its general strike called for Wednesday after the government refused to reverse a 15 percent hike in the price of petrol.
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The oil wing of Russia's state-controlled natural gas giant Gazprom does not intend to pull out of this weekend's auction of the main production unit of the embattled Yukos oil company, the ITAR-Tass news agency reported Friday.
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Oil prices stayed on the boil above &#36;53 a barrel on Monday, bolstered by persistent anxiety over OPEC member Nigeria and the nearly month-long loss of a quarter of U.S. Gulf of Mexico production, traders said.
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Trade Unions and civil rights groups in Nigeria, Africa&#39;s largest oil exporter, have called off a national strike over fuel prices.
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Nigeria's Senate says it is considering penalties against a unit of Shell for refusing to pay a $1.5bn pollution order.
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Nigerian villagers have ended their three-day occupation of three oil installations in the Niger Delta. Anglo-Dutch energy giant Shell said the protestors on its two plants had departed to nearby village Freetown, on Tuesday.
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Venezuela's oil operations and cash flows have not been affected by court orders won by Exxon Mobil Corp  to freeze up assets as the U.S. giant fights for compensation for a project nationalized last year, the nation's energy minister said on Friday.
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Dutch oil giant Shell has asked a Nigerian court to block oil workers from joining a nationwide labor strike set to begin November 16.
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UN Secretary Kofi Annan says he has no intention of resigning following the oil-for-food scandal.
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Nigerian unions have clashed in court with the oil giant Shell as the labour movement flexed its muscles ahead of a nationwide general strike.