‘More Major Attacks’ by Niger Delta Avengers Coming–Verisk Maplecroft

  ‘Realistic Threat’ NDA Will Carry Out More Major Attacks by  Andreas Exarheas   There is a ‘realistic threat’ that the Niger Delta Avengers will carry out more major attacks on infrastructure, says Verisk Maplecroft’s Ben Payton. There is a “realistic threat” that the Niger Delta Avengers (NDA) will carry out more major attacks on…

How Nigeria’s Oil Industry Went Local: The Unintended Benefits of Graft

How Nigeria’s Oil Industry Went Local The Unintended Benefits of Graft By Matt Mossman The biggest real-estate foreclosure in Manhattan’s history began with a Nigerian jet-fuel binge. Kola Aluko, now in hiding from the authorities of multiple countries, allegedly spent so much money on jet fuel that he could no longer pay the mortgage on his Midtown penthouse,…

Saudi Arabia’s ARAMCO Joins the Shale Revolution!

Saudi Arabia’s ARAMCO Joins the Shale Revolution! Saudi Aramco, the world’s largest oil exporter, is set to join the shale revolution with plans to start producing unconventional natural gas this month and exploit a deposit that could rival the Eagle Ford formation in Texas. Saudi Arabia’s gas resources from shale and other alternative supplies are…

Gold Tumbles, Then Rebounds as Other Commodities Crash on Trump’s Tariffs

Gold Tumbles, Then Rebounds as Other Commodities Crash on Trump’s Tariffs Gold was flat on Friday while silver, copper and oil all fell on the back of the Trump administration’s tariffs announcement.   The gold price rebounded on Friday (March 2) after Thursday (March 1) saw the yellow metal record its first monthly loss since October. The precious…