Company Search

December 9, 2005Ebocha JournalStrangers in the Dazzling Night: A Mix of Oil and MiseryBy LYDIA POLGREENEBOCHA, Nigeria - The sun had almost set, and another glum happy hour arrived at One for the Road. Veronica, its proprietor, put out her white plastic chairs and tables, checked her stock of chilled beer and waited for paying customers. There was no need to switch on the lights. Across from her tavern, day and night, burns a ghastly, eternal flame. Read More

Oil giant Total is to compensate Burmese villagers who claimed they were used as forced labour during the building of a major gas pipeline. Read More

An antitrust lawsuit filed against Exxon Mobil Corp. and BP PLC claims the two oil giants are restricting the nation's supply of natural gas and keeping prices at record highs. Read More

Venezuela has given the world's biggest oil company, ExxonMobil, until the end of this year to enter a joint venture with the state. Failure to do so will almost certainly result in Exxon losing its oil field concessions in the country. Venezuela's socialist government has now signed new agreements with almost all foreign petroleum companies. After months of pressure from left- wing leader Hugo Chavez most foreign oil firms working there have caved in. Read More

The corruption-prone country expects oil revenues to total $160 billion by 2025. Read More

For months a pitched battle has been fought between communities that claim authority over this village and the right to control what lies beneath its watery ground: a potentially vast field of crude oil that has caught the attention of a major energy company. Read More

Spanish energy giant Repsol-YPF said that it respects international law, in reaction to accusations that the company claimed to own part of Bolivia's gas reserves. Read More