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Petroleum Oil Exploration Plan in Sudan
A key rebel leader in Sudan’s troubled Darfur region has singled out oil companies as military targets, particularly from China, posing a threat to the Asian nation’s crude imports and adding to the mounting challenges it faces over its involvement in Africa.
In a face-to-face interview with Dow Jones Newswires, Abdelwahid Nur, head of one of [...]
World’s mining firms dig in perilous terrain
The world’s biggest mining companies, hungry for metals increasingly tapped out in developed countries, are plunging into risky new terrain. Mining executives are setting up operations in some of the most violent, politically turbulent places, like the Tenke Fungurume copper and cobalt mine Phelps Dodge approved here in December.
Expatriate homes for the Tenke staff have [...]
The violence replaced in Nigeria tightens the production of oil
The violence which seized the principal oil area in the surplus of Nigeria the last year is still on the rise after weeks in an inconvenient truce. The tensions widened upwards in the delta of Niger, the site of much of production of oil of Nigeria, since worried presidential elections last month.
Dozen foreign oil [...]
Rebels kill 74 in Ethiopian oil field raid
Gunmen killed 65 Ethiopians and nine Chinese in their sleep on Tuesday in a pre-dawn raid on an oil field that Ethiopia blamed on rebels backed by regional foe Eritrea.
A separatist guerrilla group, the Ogaden National Liberation Front (ONLF), said it carried out the attack on the field which is run by a Chinese firm.
Ethnic Somali rebels kill 74 at Chinese oilfield in Ethiopia
Rebels stormed a Chinese-run oilfield in eastern Ethiopia today, killing 74 workers and destroying the facility, guerrillas and government officials said.
The Ogaden National Liberation Front, an ethnic Somali group that has fought alongside insurgents in Somalia, also kidnapped seven Chinese workers, said an Ethiopian government official, Bereket Simon. “This was a cold blooded killing,” Mr [...]
The price of coal is poised to rebound on demand from China
The price of coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The country gets 78 percent of its electricity [...]
Coal Surge Seen by Mobius as China’s Imports Increase (Update2)
Coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The nation gets 78 percent of its electricity from coal, spurring [...]
Sudan intensifies its search for oil in troubled Darfur
The Sudanese government is quietly escalating oil exploration inside the Darfur region, a step that has led to protests from rebel leaders in a volatile area where more than 200,000 people have been killed during three years of fighting.
Political and humanitarian experts say oil in Darfur could deliver much-needed development and investment to the region, [...]
While exploration may bring needed investment in Sudan, some say it only exacerbates the fighting
The Sudanese government is quietly escalating oil exploration inside the Darfur region, a step that has led to protests from rebel leaders in a volatile area where more than 200,000 people have been killed during three years of fighting.
Political and humanitarian experts say oil in Darfur could deliver much-needed development and investment to the region [...]
