Nigeria, others to earn N150tr from oil export

Govt initiates bill to protect local oil firms Shell defends equity divestment in Nigeria IN its current Short-Term Energy Outlook indicator, the United States (U.S.) Energy Information Administration (EIA) has disclosed that Nigeria and other Organisation of Petroleum Exporting Countries (OPEC) would earn $1 trillion from crude oil export this year. The EIA report, released at the weekend by the agency, stated that the 12 OPEC members could earn $1.028 trillion (about N166.2 trillion) of net ...
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Added July 24, 2011
from Guardian News