EIN News: Nigeria Oil & Gas News http://www.einnews.com/nigeria/newsfeed-nigeria-oilConstantly updated news and information about world affairs. IEA cuts world oil demand forecast on weak economy http://www.einnews.com/news.php?wid=192563482 11 Oct 2008 00:50 GMT ... and the worsening financial crisis are reducing oil consumption. Oil prices fell further after it ... result of outages in Angola, Iraq and Nigeria than deliberate cutbacks. At its September meeting, ... its September meeting, the Organization of the Petroleum Exporting Countries said it would trim about ... Oil prices plummet below $80 US for 1st time in a year http://www.einnews.com/news.php?wid=192537056 10 Oct 2008 21:27 GMT ... Oil prices plummet below $80 US for 1st ... Salem El-Badri, secretary-general for the Organization of Petroleum Exporting Countries, said that lower demand might ... production capacity and some states, such as Nigeria, must continue to pump oil for national ... West's sneeze is Africa's cold http://www.einnews.com/news.php?wid=192519432 10 Oct 2008 19:30 GMT ... food prices rises. The recent fall in oil prices has not yet translated into cheaper prices ... pinch. As the world's eighth-largest oil exporter, Nigeria's swollen foreign exchange reserves - estimated at over $63 billion (NZD$106.3 ... Nigerian Oil Workers to Strike http://www.einnews.com/news.php?wid=192514281 10 Oct 2008 18:50 GMT ... Oil workers in Nigeria say they will embark on an indefinite ... Gilbert da Costa reports from Abuja. The Petroleum and Natural Gas Senior Staff Association and ... Oil Price Settles Below $119 as Crude Stockpiles Rise http://www.einnews.com/news.php?wid=192509783 10 Oct 2008 18:28 GMT ... Oil Price Settles Below $119 as Crude Stockpiles ... GASOLINE, ENERGY PRICES, EIA, OPEC, DEMAND, IRAN, NIGERIA, CHINA, RUSSIA U.S. crude oil futures fell ... crude stocks shifted last week. The American Petroleum Institute, an industry group, said domestic crude ... U.S. trade deficit declined in August http://www.einnews.com/news.php?wid=192500055 10 Oct 2008 17:27 GMT ... $25.3 billion short, and the Organization of Petroleum Exporting Countries, where trades were $19.2 billion ... Canada, the European Union, Mexico, Japan, Venezuela, Nigeria, Taiwan and Korea, the report said. ... Oil Settles Above $121 as OPEC Amps Up Output http://www.einnews.com/news.php?wid=192494006 10 Oct 2008 16:30 GMT ... Oil Settles Above $121 as OPEC Amps Up ... GASOLINE, ENERGY PRICES, EIA, OPEC, DEMAND, IRAN, NIGERIA, CHINA, RUSSIA Oil fell to a three-month ... of the oil in the country's Strategic Petroleum Reserve, a move his campaign said was ... Oil Falls to 12-Week Low on Demand Worries http://www.einnews.com/news.php?wid=192494005 10 Oct 2008 16:30 GMT ... Oil Falls to 12-Week Low on Demand Worries ... GASOLINE, ENERGY PRICES, EIA, OPEC, DEMAND, IRAN, NIGERIA, CHINA, RUSSIA Oil fell to its lowest ... second-largest producer in the Organization of the Petroleum Exporting Countries. Attention Wednesday will focus on ... Oil Settles Above $119 After Hitting 3-Month Low http://www.einnews.com/news.php?wid=192494004 10 Oct 2008 16:30 GMT ... Oil Settles Above $119 After Hitting 3-Month Low ... GASOLINE, ENERGY PRICES, EIA, OPEC, DEMAND, IRAN, NIGERIA, CHINA, RUSSIA Oil prices sank as low ... curbing consumer demand for gasoline and other petroleum products. Crude's decline is giving Americans more ... Oil Settles at Nearly $127 On Drop in US Gas Supply http://www.einnews.com/news.php?wid=192494003 10 Oct 2008 16:30 GMT ... Oil Settles at Nearly $127 On Drop in US Gas Supply By AP | 30 Jul 2008 ... GASOLINE, ENERGY PRICES, EIA, OPEC, DEMAND, IRAN, NIGERIA, CHINA, RUSSIA Oil prices shot up as ... Shell Declares Force Majeure after Nigeria Attack http://www.einnews.com/news.php?wid=192494002 10 Oct 2008 16:30 GMT ... Shell Declares Force Majeure after Nigeria Attack By Reuters | 29 Jul 2008 ... 07:25 AM ET ROYAL DUTCH SHELL, ENERGY, OIL AND GAS, COMMODITIES, NIGERIA, AFRICA Royal Dutch Shell declared ... Oil Settles Lower Near $124 on Weak Economic Reports http://www.einnews.com/news.php?wid=192494001 10 Oct 2008 16:30 GMT ... Oil Settles Lower Near $124 on Weak Economic ... GASOLINE, ENERGY PRICES, EIA, OPEC, DEMAND, IRAN, NIGERIA, CHINA, RUSSIA Oil prices ended lower Thursday, ... for business continued to ratchet down retail gas prices, with a gallon of regular falling ... Oil prices plummet below $80 US for first time in a year http://www.einnews.com/news.php?wid=192493743 10 Oct 2008 16:30 GMT ... Oil prices plummet below $80 US for first ... Salem El-Badri, secretary-general for the Organization of Petroleum Exporting Countries, said that lower demand might ... production capacity and some states, such as Nigeria, must continue to pump oil for national ... Stocks to watch: ONGC, Infosys, TCS, Dish TV http://www.einnews.com/news.php?wid=192491273 10 Oct 2008 16:25 GMT ... to prevent a deeper economic downturn. Crude oil prices were down on Wednesday on concerns ... to set up its first refinery in Nigeria with an investment of around $4 billion. ... to the United States. Indian Oil, Hindustan Petroleum Corporation and Bharat Petroleum Corporation plans to ... Government reaffirms Coega refinery plans, says it 'has learnt from past mistakes' http://www.einnews.com/news.php?wid=192482208 10 Oct 2008 15:36 GMT ... reaffirmed its plans for a new crude oil refinery at the Coega Industrial Development Zone ... which would be operated by the State-owned petroleum company PetroSA, would produce about 400 000 ... gulf of Guinea, and possibly Angola and Nigeria, would also be approached to supply the ...