ANALYSIS: Nigeria losing ground in changing oil world

ABUJA (Reuters) - Nigeria will earn less for its oil and struggle to replace reserves unless it can end years of industry stagnation, at a time its biggest customer is becoming self-sufficient and African rivals are boosting supplies. A domestic energy boom in the United States has already sharply cut demand for Nigerian oil, while legal uncertainty, political wrangling, corruption and ...
Read the rest of the story on Yahoo Nigerian News

Added February 25, 2013
from Yahoo Nigerian News