Oil

YAOUNDE Jan 11 (Reuters) – Construction of Cameroon’s 216 MW Kribi gas-fired power plant … is at the core of the government’s “Vision 2035″ plan to turn the oil-producing country into an emerging economy.

… was criticized for raising the price of locally produced fuel and consumers have threatened to buy their petrol in Cameroon. OIL: Oil exports account for over 90 percent of Nigeria’s foreign exchange revenues. – But its dependence on imports … Continue reading →

Cameron, according to the AP … decision we have made as a nation for 300 years,” Salmond was quoted as saying said Tuesday as he toured an oil facility in Dyce, eastern Scotland.

The diamond conflict in Sierra Leone in the 1990s and the recent Niger Delta oil and gas conflicts in Nigeria are few examples of how resources have fuelled conflicts in the sub-region. In the 1980s and 1990s Nigeria and Cameroon … Continue reading →

The subsidy has also encouraged smuggling into neighbouring nations such as Benin and Cameroon where fuel is more expensive … despite over $200 million a day worth of oil leaving Nigeria’s shores and many politicians growing rich.

The subsidy has also encouraged smuggling into neighboring nations such as Benin and Cameroon where fuel is more expensive. REFINING MISSION Critics say wealthy politicians could have found savings within government first and tackled oil industry corruption.

… was something not done in other countries like Cameroon where Chad relies on pipeline running through Cameroon to export its oil to the world markets. Sudan threatened to block South Sudan’s oil if that latter did not yield. So … Continue reading →

… was doing was something not done in other countries like Cameroon where Chad relies on pipeline running through Cameroon to export its oil to the world markets. Sudan threatened to block South Sudan’s oil if that latter did not … Continue reading →

… was something not done in other countries like Cameroon where Chad relies on pipeline running through Cameroon to export its oil to the world markets. Sudan threatened to block South Sudan’s oil if that latter did not yield. So … Continue reading →

As borders were closed, Nigeria also announced a decision on to scrap oil subsidies. That has affected bordering Cameroon towns that have relied on Nigeria for petroleum supply. Over the years, smuggling of fuel from Nigeria for sale in areas … Continue reading →