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Violent attacks on oil installations have increased in recent weeks, raising concerns that Nigeria's militants are aiming to make good on a promise to cripple the country's petroleum industry.
Nigerian President Umaru Yar'Adua is hoping to transform his energy-rich country into a leading world player on the energy market and beyond.
Nigeria loses $14 billion a year to oil theft, according to the President of the Corporate Council on Africa Stephen Hayes.
WASHINGTON, Oct. 12 (UPI) -- A Houston-based gasoline blending company, its president and its operations manager pleaded guilty Friday to falsifying lab results for hundreds of millions of