Nigeria eyes review of oil deals
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Nigeria's top energy adviser says oil extraction partnerships with foreign firms should be reviewed.
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Representatives of a remote community in southern Nigeria&#39;s Delta region have taken over three oil installations. The plants are run by the Nigerian wing of the Anglo-Dutch multi-national, Shell, and the American company, Chevron-Texaco.
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London crude prices hit record highs on Monday as Nigeria emerged as the new focus of worries about supply security on world oil markets.
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Halliburton Co., the world's No. 2  oilfield services company, said an internal probe found  information suggesting that members of a consortium it helps  lead considered bribing Nigerian officials to win business a  decade ago.
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Nigeria&#39;s main umbrella union has said it will go ahead with a general strike in Africa&#39;s top oil producer on Monday to protest against rising domestic fuel prices.
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A multi-billion dollar lawsuit brought by the government against major tobacco firms is to open in Nigeria.
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A general strike gripped Nigeria on Wednesday, posing the first significant test for the country&#39;s new president and putting oil markets on edge over supplies from one of the world&#39;s top crude exporters.
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Business & money: Nigerian strike and Iran worries add to pressure as cost of crude oil rises to its highest level this year.
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WASHINGTON : US oil service firm Halliburton has acknowledged that improper payments &quot;may have been made&quot; to Nigerian officials through a consortium of which it was a member.
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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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London crude prices have hit record highs as Nigeria emerges as the new focus of worries about supply security on world oil markets.
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LAGOS, Nigeria A union leader in Nigeria is threatening to prolong a four-day nationwide strike that has helped push world oil prices to record highs.
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A rebel fighting for autonomy in  Nigeria's oil-producing Niger Delta said he would meet  President Olusegun Obasanjo on Wednesday to discuss terms for  ending the violence that has helped push crude prices to record  highs.
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still near the record high of $53 a barrel -- slipped a little Friday, as Nigerian union leaders and government officials entered last-minute talks to resolve a dispute over rising fuel prices.
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Oil prices rose to record highs Monday  near $50 a barrel for U.S. crude as Nigeria emerged as the  latest focus for worries about supply in an already tight  worldwide energy market.
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Oil giant BP is planning to review its global operations in response to last year's Texas refinery blast, a report says.
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Crude oil in New York approached $70 a barrel for the first time since September after Nigerian unions planned a strike this week, threatening supplies from Africa's biggest oil producer.