Africa’s Oil Curse, the Example of Nigeria

Credit to Author: David Zarembka| Date: Sat, 12 Oct 2019 02:10:43 +0000

Pump-jack mining crude oil with the sunsetCleanTechnica has been running a number of articles on little noted negative aspects of gas/diesel vehicles. These include hundreds of US deaths annually from carbon monoxide poisoning, oil refinery explosions, 137 US oil spills last year, what to do with old oil tankers, and the 150 gas/diesel car fires daily in the US. A common concept in Africa that is not noticed in the United States or other parts of the world is what in Africa is called “Africa’s Oil Curse.”

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Breakdown Of Interdependency Between Big Auto & Big Oil

Credit to Author: Gerard Reid| Date: Thu, 10 Oct 2019 03:59:05 +0000

Some years back I visited one of the major automobile manufacturers with some investor clients of mine. We met the CTO of that particular company, who asked us “what is the biggest mistake the automobile industry has made in the last century?” Despite the varied responses from the audience, we were all surprised by his answer: “We never controlled the fuel value chain” and to that he added “and we won’t make the same mistake with electric cars.”

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The Hidden Cost Of Shell Oil Spills In Niger Delta

Credit to Author: The Beam| Date: Mon, 16 Sep 2019 19:15:53 +0000

Decades of oil spillage in Nigeria’s oil-rich Niger Delta and the incessant bickering over who should own up to the wanton environmental degradation has taken a toll on Nigeria’s economy, seeing it slid into recession with the delta being classified as one of the most polluted places on earth

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Oil price hike set on Tuesday, March 26

Credit to Author: ggaviola| Date: Mon, 25 Mar 2019 02:49:19 +0000

Pump prices of gasoline are going up for the seventh straight week, this time by 65 centavos per liter, while t diesel and kerosene will increase by 10 centavos per liter starting 6 am. on Tuesday, March 26.

The post Oil price hike set on Tuesday, March 26 appeared first on Inquirer News.

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