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Arabica Robusta

ENVIRONMENT: EU Bank 'Financing Destruction' in Africa - 0 views

  • Osayande Omokaro from Friends of the Earth Nigeria said that European energy firms are eager to increase their investment in Africa in order to compete with China and to reduce their dependence on oil and gas from the Middle East and Russia. "Europeans pride themselves as promoters of human rights, freedom and good governance," he added. "The Chinese do not really promote these values. The Europeans must live by what they practise at home, even if it means losing some ground to the Chinese. It is better to make sure you practise what you preach."
Arabica Robusta

» Understanding the political economy and rising oil prices - Vanguard (Nigeria) - 0 views

  • Nigeria is strategic to the global energy need, it is also crucial to the maintenance of security of the Gulf of Guinea region; the fear of the magnitude of the crisis and insecurity in that region forced the US to create the African Command.
Arabica Robusta

Exxon Said to Pay $4 Billion for Stake in African Field - NYTimes.com - 0 views

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    "While major companies like Exxon have focused on developing large oil and gas projects, much of the riskier and more prospective exploration has been undertaken by smaller, independent producers like Anadarko Petroleum, Tullow Oil and Kosmos. "
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