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U.K. Coal Mining Exploration and Industry : Advances Bussiness Fivefold on Fuel Prices
U.K. Coal Plc, the nation’s largest producer of the fuel, said full-year profit rose more than fivefold on record prices and a jump in the value of its property holdings.
Net income increased to 94 million pounds ($187 million), or 59.9 pence a share, from 17.5 million pounds, or 11.7 pence, a year earlier, the Doncaster, [...]
More abductions in Nigerian oil delta, siege ends
Gunmen used dynamite and heavy machine guns to kidnap at least three senior managers of Indonesian chemical company Indorama in Nigeria’s southern oil-producing Niger Delta, police said on Friday.
In a different area of the impoverished delta, community elders expelled protesters occupying a major oil export pipeline hub and reopened valves to allow crude oil to [...]
Black gold dreaming
When Chad became an oil producer its needy people anticipated benefiting from the incredibly profitable industry. Instead, the World Bank has frozen the country’s wealth in London bank accounts. Edmund Sanders reports.
When Chad became an oil producer its needy people anticipated benefiting from the incredibly profitable industry. Instead, the World Bank has frozen the country’s [...]
