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Nigeria China Oil News. Service for global professionals. Constantly updated news and information about Nigeria.
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Latest Nigeria China Oil News

  • CNOOC to Dip Toes in Deepwater South China Sea Next Year 7 Dec 2009 21:24 GMT
    ... start drilling deepwater wells in the South China Sea next year, marking the company's initial foray into ... marking the company's initial foray into deepwater oil and gas exploration, said an executive. "In ... of overseas visits to Australia, Brazil and Nigeria to share experience in deepwater oil exploration ...

  • President says 60 pct of Angolans live in poverty 7 Dec 2009 15:54 GMT
    ... civil war as one of Africa's top oil producers, an estimated 60 percent of Angola's ... oil exports and multi-billion dollar loans from China. But Angola still ranks as one of the world's ... the lives of ordinary Angolans. Angola rivals Nigeria as Africa's biggest oil producer. The government ...

  • Indian Market Ends Lower On Dollar Rebound 7 Dec 2009 12:12 GMT
    ... exchanges. Cairn India declined 2.82% and Essar Oil eased 2% after crude oil prices drifted ... launching a currency trading platform for the Chinese inter-bank market. Infosys rose 0.31% and Wipro closed ... may set up a greenfield refinery in Nigeria. Reliance Media World plunged over 7%, a ...

  • Copenhagen and Climate Justice [editorial] 7 Dec 2009 10:30 GMT
    ... on how to ensure climate justice for Nigeria, the rest of Africa and , indeed ... world, especially the United States of America, China and other countries of Europe are the prime culprits ... For instance, the gas flaring in the oil fields of the Niger Delta must be ...

  • Copenhagen Summit: Who wants what 7 Dec 2009 10:19 GMT
    ... of state. Developing countries, including India and China, believe it is the responsibility of wealthy ... depend on the rate at which the Chinese economy swells. In other words, if the ... to climate change. Oil-producing nations, such as Nigeria, fear that they could lose revenues from ...

  • EU Backs Nigeria Energy Project 7 Dec 2009 10:10 GMT
    ... Shanghai, which means "on the sea", is China's largest city in terms of population and one ... Industrial Services who are serving the energy, oil and gas or industrial manufacturing sectors often ...

  • Mike Tyson, Magic Johnson, Dubai Inc. & Ghana's Oil Revenue 7 Dec 2009 02:34 GMT
    ... can't afford to mortgage its future to China. The post-petroleum African landscape is littered with ... of the economy as it did in Nigeria and Gabon. In the pre-petroleum era, Nigeria ... the future of the country to cheap Chinese imports fuelled by petro-dollars. Ghana should be ...

  • Growing sukuk market a boon to Saudi investors 7 Dec 2009 01:12 GMT
    ... year, there was a stunning decline in oil prices, dropping to below $50 a barrel ... signs of recovery from the East, especially China, it added. In an effort to stall declining oil ... Furthermore, political uncertainty in countries such as Nigeria, Iran and Venezuela may play an integral ...

  • Copenhagen 2009: An A-Z Guide 7 Dec 2009 00:53 GMT
    ... of the world to cut their emissions, China was recently hailed by UNFCCC executive secretary ... happened after the penny dropped among the Chinese leadership that their own country was being ... Countries - Algeria, Indonesia, Iran, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and ...

  • Crude Oil Consolidating Before the Next Big Move Higher 7 Dec 2009 00:17 GMT
    ... announced last year. Ministers from Kuwait and Nigeria have also indicated they expect quotas to ... left unchanged. The purchasing managers’ index for China, released today by HSBC Holdings, rose to ... Combined with other indicators, this points to Chinese oil demand increasing by 5% this year ...

  • Moody's mildly upbeat on crude 5 Dec 2009 20:35 GMT
    ... rosier view of business prospects for multinational oil companies amid forecasts of a recovery in ... competition from national oil companies such as China’s state-owned energy groups, which are keen to ensure ... as oil-rich host countries such as Brazil, Nigeria or Libya consider unfavourable changes in fiscal ...

  • Coltan, cash and oil 4 Dec 2009 18:06 GMT
    ... to be in charge of a rudderless Nigeria, writes Sokari Ekine in this week’s roundup ... The one country missing at present is China, but not for long as Friends of ... by the IMF between the DRC and Chinese governments. FOC believe the deal – which ...

  • Ghana - Object of international desire 4 Dec 2009 15:50 GMT
    ... Britain, fights to maintain a grip, and China is banging on the door. “Ghana’s major trading ... for Ghanaians who have grown accustomed to Nigeria, their bigger West African brother, getting a ... that come with fewer strings attached. President Hu Jintao personally approved the building of a 400 ...

  • Weak crude oil demand may pose risk to market 3 Dec 2009 23:29 GMT
    ... been contributed by the non-OECD countries, mainly China (0.96 mbpd). Just like in the US, the Chinese oil demand growth too shows a strong ... in October, while crude oil production in Nigeria crossed 2 mbpd in November after a ...

  • Climate talks in Copenhagen: IU professors offer perspectives 3 Dec 2009 21:24 GMT
    ... U.S., China and India could still be 'climate heroes.' ... unstable countries like Somalia, Sudan, Kenya and Nigeria. Leaders of China, India and Pakistan are ... insulated office buildings now saving energy in Chinese cities. China's solar power and wind turbine ...


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