First Thoughts

Crude Oil

Petroleum (L. petroleum, from (rock) + (oil)) or crude oil is a naturally occurring flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface.

Niger Delta Volta Region Natural Gas Rivers State Bayelsa State North America Federal Government Boko Haram Senate Committee Saudi Arabia Labor Department Port Harcourt Commodity Market Yakubu Gowon Gulf Coast United States


Morning Energy Highlights: Outlook – Weak Chinese trade data over the weekend is assisting a pullback in WTI, Brent, ULSD and RBOB this morning. China is expected to account for 11 percent of global oil demand in 2014 compared to 21 percent for the US. Although most expect China’s economy to grow from 7.3 to 7.5 percent in 2014, a sharp decline in Chinese exports in February brings concern about the viability of this forecast. Consider near-term opportunities to position forward ULSD contracts with strong technical support nearby, low inventories and the prospect for increasing basis amidst spring refinery maintenance season. Crude Oil • On Friday night, China’s General Administration of Customs reported its February trade balance fell $23 billion when a $14.50 billion gain was expected. Exports plunged 18.1% from a year ago compared to a 6.8% expected rise. Some point to the Chinese Lunar New Year holidays as an influencing factor in the poor data, but nonetheless it was poor indeed. • China im ...
HELP NIGERIAN Federal Government TO THINK FOR ONCE WITHOUT MINDING CRUDE OIL-Do they love Nigerians or Nigeria´s Crude Oil? You do not need to be a genius before understanding that PDP is as Evil as APC and Goodluck is as guilty as Sanusi. Boko Haram has made it clear that they need their Arewa Country where they can worship their Allah without any disturbance from other faiths. What is wrong with that? Is it not their rights to rule themselves following their own customs, traditions, Religion, Style and mentality? On a Similar development, the Biafrans have long been agitating for their Freedom but England and Hausa- Fulani, PDP and APC as well as APGA would not allow that. Are we conscripted? How can we be happy living in a country we sincerely hate and are forced to live in at gun point? This is the question in the heart of Million of Arewans, Biafrans, Oduduwans and others. Have you also considered the level of hatred among the tribes you are forcing together? or does that also not matter? Boko Haram ...
Crude oil continues to skyrocket adding 18 cents this morning as the US dollar weakened. Crude Oil prices are expected to move in a range to lower for the day, as closure of US markets today would reduce the volumes and mixed bag of data coming from US and China can keep the prices in range to lower. Crude oil is trading at 100.32 while Brent oil eased by 1 point to trade at 108.95. US Crude oil futures remained in a range on Friday as poor US data and fear of unrest in Middle East kept the prices in range. U.S. manufacturing output unexpectedly fell in January, recording its biggest drop in more than 4-1/2 years as cold weather disrupted production. Positive Prelim GDP data on Friday from Eurozone also helped Crude to gain some support. Oil Speculators and Hedge funds have rapidly increased their bullish bets on crude oil.
UPDATE ON UNACCOUNTED US$20 BILLION / NNPC SAGA: - CBN Gov still maintains that about US$20 Billion is unaccounted for, - NNPC agreed that they, ON THEIR OWN POWER, used $8.54bn on Kerosine subsidy, without consulting Nigerians. - Quantity of Crude Oil lifted/sold by NNPC still not clear: Meanwhile, Chairman, Senate Committee on Finance, Senator Ahmed Makarfi indicated that the implications of spending money that is not appropriated, is well known to everybody and the whole world is hearing this. I don’t want us to joke or play with this. It is the most central issue. “All agencies that have spoken have confirmed to the whole world that this money was not appropriated and I want people to absorb the import of this confirmation. + WHAT A MESS!!! HOW CAN JUST ONE AGENCY USE SUCH HUGE AMOUNT OF MONEY WITHOUT GETTING APPROVAL FROM NIGERIANS, VIA THE NATIONAL ASSEMBLY? PLS MULTIPLY 20,000,000,000 X N160, AND YOU WILL HAVE AN IDEA OF THE MONEY IN QUESTION. WHO BENEFITED FROM THIS MISUSE OF PUBLIC FUND?? NIG ...
*EFCC's draft criminal charges against former Governor Peter Odili of PDP for $500m plunder of Rivers State *Criminal charges filled against Wale Babalakin of PDP for laundering $20m for imprisoned former Governor James Ibori of PDP *Jonathan economic advisers owing Nigeria N1.3 Trillions *SERAP asks EFCC to probe missing $20b Crude Oil money *How NNPC illegally diverted billions of dollars from the SPDC account *House probes whereabouts of proceeds of NITEL Asset *FG spokesmen said only Okonjo Iweala and NNPC that can explain missing $20b *N1.8b Subsidy Scan: Ship in Brazil when it purportedly discharged products in Nigeria says witnesses
93. 91. Which of the following has made the largest inbound foreign direct investment in India till date? (a) BP Plc (b) Vodafone © Dailchi Sankyo (d) Vedanta Resources 92. Which core sector industry has the highest weight in the index of Industrial Production (IIP)? (a) Crude Oil (b) Petroleum refinery Products © Coal (d) Electricity 93. An International Advisory Panel (IAP) reviewed the functioning of the National Rural Health Mission (NRHM) recently. A number of districts have been identified on basis of poor health indicators for focused attention. Which of the following statements is/ are correct? I. the number of beneficiaries under the Janani Suraksha Yojana (JSY) was more than 15 million during 2009-10 II. The number of districts identified is 264 III. The districts identified for focused attention account for nearly 70% of the infant and material deaths in the country (a) I only (b) I and II only (c) II only (d) II and III only 94 . Which of the following statements about South Korean steel com ...
THE NEED FOR TRUE FEDERALISM OR CONFEDERATION, USING THE GEO-POLITICAL ZONES AS THE BASIS Below are other benefits Nigeria stands to gain if True Federation or Confederation is allowed to take its place, using the geo-political zones as the basis of regionalisation. There is unity in recognising our diversity, but there cannot be unity where there undue rivalry or competition. Akhabue Eseoghene highlighted some of the benefits, viz: “(1) True Federalism will reduce corruption immensely. (2) It shall be a major means of developing modern cities and not all these junk towns and cities around. (3) Confederation will give room to competition among the Regions as it was in the past. (4) In other to find an alternative to Mineral Resources by Regions without Crude oil, there shall be an enormous concentration on Indigenous Technology and Modern Agricultural Development, these will give rise to availability and affordability of food nationwide. (5) Regions without Crude Oil and other Mineral Resources shall co ...
Ibeno iba land filled wit milk n honey. Her people r basically fishermen who enjoys d nature's love of earning a living from d fishes n PDA seafoods. Aside from fishing, she s blessed wit d black gold which s d nation's source of income. The people of ibeno r blessed wit Natural Resources. The production of Crude Oil begin in February 1970 from d Idaho field, located offshore of Ibeno Akwa Ibom State. Ulok-Ulok festival s one of d most popular n oldest festival of d Ibeno people. It s an event dat brings love, excitement, entertainment n peace amongst d people. It showcases culture displays, musical rendition, football competition n lots of other exciting events. The Tourist Beach is one of d most creditable place for tourism in Nigeria. People from all works of life gather at Ibeno Tourist Beach n Recreation center.
Mohammed Suleiman wrote: "We are proud of the "NORTH" or if u like Northern Nigeria.We had had Northern Region before with abundant wealth and resources. ...lived in PEACE on our land. ...plse bring back northern region purely for northerners. .period" * Our message to Arewans: TELL YOUR NORTHERN POLITICIANS AND LEADERS TO DISINTEGRATE NIGERIA NOW FOR THE SAKE OF PEACE. Thanks for speaking out as an adult who has sense of history. I have been saying this for a long time now. The younger generation Arewans failed to understand that the level of hatred between tribes in Nigeria is causing problems for all. The earlier we disintegrate the better. A good example is your manner of worshipping your God Allah and our manner of worshipping our God YAHWEH, though the same God of Abraham, varies a lot as ones manners of worship irritates the other. If all of us can join together and indeed open the eyes of these leaders whose eyes have completely been blocked by Crude Oil the better for all. Now they are talking ab ...
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Crude & Brent Oil Fundamental Analysis January 3, 2014 Forecast Analysis and Recommendations: Crude Oil is trading at 98.19 easing by 23 points as traders are now looking at fundamentals and implied demand more realistically. Brent Oil eased by 89 points as Libya looks set to bring production back on line this week. Brent crude traded near its lowest closing level in more than a week as protesters in Libya said they were prepared to resume work at the Al Sahara oil field after a three-month halt. Brent slipped as much as 0.5 percent after rising by the same amount earlier today. Demonstrators at the 300,000 barrel-a-day Al Sahara site in Libya, holder of Africa’s biggest oil reserves, said they suspended protests for two weeks as of yesterday after an agreement with the country’s defense minister. U.S. crude inventories probably fell for a fifth week, a Bloomberg survey showed before data tomorrow. Oil prices increased today following a greater-than-expected drop in the US crude inventories, followed ...
Crude Oil Scenario Crude Oil: General Characteristics: Crude oil is a mixture of hydrocarbons that exists in a liquid phase in natural underground reservoirs. Oil and gas account for about 60 per cent of the total world’s primary energy consumption. Almost all industries including agriculture are dependent on oil in one way or other. Oil & lubricants, transportation, petrochemicals, pesticides and insecticides, paints, perfumes, etc. are largely and directly affected by the oil prices. Aviation gasoline, motor gasoline, naphtha, kerosene, jet fuel, distillate fuel oil, residual fuel oil, liquefied petroleum gas, lubricants, paraffin wax, petroleum coke, asphalt and other products are obtained from the processing of crude and other hydrocarbon compounds. The prices of crude are highly volatile. High oil prices lead to inflation that in turn increases input costs; reduces non-oil demand and lower investment in net oil importing countries. Categories of Crude Oil: West Texas Intermediate (WTI) crude oil is ...
so has anyone used Edgar Cayce's remedy to grow back recessed hair via Crude Oil ? I want to try... I love...
How awesome is chatting with my friend Peter McGuire about Brazil and the huge energy -Crude Oil and Iron ore reserves they have and how exciting that we are holding the World Cup in 2014 and the Olympics in 2016.Well done Brazil!!
The market is slightly better this morning. Crude Oil went up a hair. A bunch of station in Central Ohio... Continue Reading:...
According 2 de initiator & de father(Lord Lugard) of amalgamation of different ethnic units called Nigeria,de amalgamation is a false marriage & should be review after 100 years.Now Nigeria is 100 years & tinz seems not woking well wit its attendant consuquencies of killings in North by BH,kiddnaping in South-East,Crude Oil theft in South-South & ritualist in South-West.Therefore,it is time 2 call 4 Genuine Sovereign National Conference 4 each of de geo- political zones 2 determine whether or not dey choose 2 remain as one indivisible entity&the process of review should be follow wit genuine hrt,not setting-up commites made up of array of political desperados who are like Australia bird who covers its head on de ground & say i predent not 2 see a hunter;a hunter will not see me
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Sen. Dr Christopher Nwabueze Ngige(OON), Senator of the Federal Republic of Nigeria representing Anambra Central, how many projects did you execute in your constituency with the funds allocated.? The last time I checked Hon Uche Ekwunife who represents Anaocha/Dunukofia/Njikoka Federal Constituency which is in your constituency has done more projects in your zone than yourself. U claim to have moved the motion for Ojukwu's state burial, but it was Peter Obi who used his closeness to the Presidency that made it possible. Uwazuruike, MASSOB Leader even confirmed it. As a medical doctor by profession which bills did you sponsor to tackle the problems of the sector? Lastly u want to govern a state that you could not defend its God given natural resource; Crude Oil. This does not show visionary leadership traits from a man who for the past 10 years thinks he was born to rule Anambra State, contesting three times under 3 different attires; PDP, ACN and APC. Odumody Nnamdi Lionel
Purnartha - 09-Oct-2013 - Analysis of events & factors likely to have near, medium term impact (To receive these updates in your mailbox - just call our toll free number: 1800 - 266 - 0161 or send an e-mail to supportgiving your name and phone number) 1) Equity Market We witnessed a high volatile session yesterday. NIFTY gave up almost 70 points from its intraday high levels and Bank NIFTY gave up almost 400 points from its intraday high. We are expecting this volatility to continue. Results will decide direction of stocks. We expect a lot of stock specific action in the next one month. 2) Currency Market Rupee witnessed high volatility. Rupee showed a swing move of 70 paisa in intraday against US dollar. Expecting big volatility in last two weeks of October. 3) Commodity Market Gold is inching higher slightly due to uncertainty in US. Crude Oil also inched higher. In the near term we have bearish view on Crude Oil and Gold. 4) US Market US market closed sharply lower due to shut down. Obama said in a pre ...
INVESTORS' INSIGHTS : The Marc Faber Blog : Crude Oil is one of the very...
“SOUTHERN CAMEROONS” SOUTHERN CAMEROONS REVOLUTIONARY COUNCIL (SCRC) [Former United Nations Trust Territory of the Southern Cameroons under United Kingdom Administration (1916-1961)] “THE NEW GLORY” NOTICE TO THE UNITED NATIONS SECRETARY GENERAL AND PRESIDENT OF THE UNITED NATIONS GENERAL ASSEMBLY DATE: 25/09/2013 SOUTHERN CAMEROONS NOTE: 1. Boundary with Cameroun (To the right of Mt. Cameroon, better still Mt. Mongo-Ma-Loba) is an international boundary by treaties since 1916, 1919, 1922, 1931, 1934, 1946 and 1961. 2. Southern Cameroons shares boundary with Cameroun to the East, Nigeria to the West, and the Atlantic Ocean to the South; 3. Mt. Cameroon is by its traditional name known as Mt. Mongo-Ma-Loba or “Chariot of Gods.” 4. Bakassi Peninsula is part of Marshy land next to south-western tip of boundary with Nigeria; 5. Crude Oil is not shown as part of Mineral resources even though by 1972 Cameroun President AhmadouAhidjo had already began mining oil from Southern Cameroons, clandestinely ...
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Crud Fed surprise on stimulus to have biggest impact on e Oil: Barclays The US Federal Reserve's decision to maintain status quo with stimulus measures and delay tapering will have the biggest impact on crude oil balances according to Barclays.Prices are expected to remain at current levles with an upward bias in September and Q4.OECD demand growth to support a tighter market balance.Surprise on stimulus comes at a time when spare capacity of producers have been stretched and relatively low crude and product stocks.US demand for Crude Oil has been driven by diesel rather than gasoline and cyclical factors of manufacturing, confidence and employment.Sharp depreciation of emerging market currencies of Latin America and Asia has led to record price for imported Oil. According to Barclays, postponement of tapering will have a lagged positive positive effect on non-OECD consumption in H1 2014.Brent crude to average $110 per barrel in 2014Fed decision to have a positive impact on emerging market currencies with ...
Crude Oil. At 0330GMT today, Brent crude oil one month futures contract is trading 0.05% or $0.05 lower at ...
6 Sep 2013 | 04:36 PM | Posted by: Giuseppe Montefinese Markets Higher Closing News 9/6/13 U.S. stock indexes finished relatively flat amid choppy trading as investors focused on the prospects of the Fed delaying its tapering plans following today’s disappointing U.S. jobs data. Of the major sectors, Utilities, Staples, and Technology led advancers, while Discretionary and Materials topped declines. Gold and Crude Oil are both higher. The equity markets dropped sharply in early trading after Russian president Vladimir Putin said Russia would assist Syria in case of external attack, as well as maintaining current military, economic, and humanitarian support for the country. Markets shook off the news late morning and recovered to positive territory mid-session. In U.S. economic news, the Labor Department said Nonfarm payrolls increased by 169K jobs in August, which is well above the adjusted +104K reading from July, but short of the +180K Wall Street had expected. The reading adding to signs that econ .. ...
Mark David should talk about Crude Oil theft first before thinking about Pipeline Vandalism...
How smuggled in mobile phones in North Korea may help Crude Oil bulls
hoping to be discovered like Gold in Gold Coast, Ivory in Ivory Coast, Crude Oil in Nigeria and Diamond in Sierra Leon!!!
Dickson's position on Crude Oil theft and illegal oil bunkering in Bayelsa Creeks and Waterways."What is going on is more of a threat to national security than even the loss of revenue that everybody is shouting about. Let me tell you that all the violence, brigandage and criminality that we experience in the Niger Delta states particularly Bayelsa where I know more, have their roots in the activities in the creeks. “It is from there they have easy funds to recruit followers; it is from these activities of crude oil theft and illegal refining that people are able to sustain such large numbers of youths and put them into various cult groups. “What is going on has a direct effect on the proliferation of small and light weapons because they need an army of youths to protect their territories to be able to withstand the onslaught of legitimate security personnel. The Governor warned those who have rebuffed the olive branch extended to cultists by the state government to have a change of heart, as his admi ...
The funniest part of my dear country naija.? 1. Crude Oil production/day - 2.5M barrels 2. Current Price = $113/barrel 3. Daily Sales = 2.5M x 113 = $282.5million 4. Monthly Sales = 282.5M x 30days = $8.475billion 5. Yearly Sales = $8.475billion x 12 = $101.7billion 6. Naira Equivalent = 101.7billion x = 16.272trillion Naira per year. 7. Nigeria's budget for 2012 = 4.5trillion Naira. Abu's addendum: Even if you take 90% of 16.272trillion naira as the Fed Govt's Share of the barrel, which comes to 14.645 trillion naira we still expect over 10 trillion surplus!!! Now, the question is: Where is the surplus going?!(Analysis by Femi Falana (Lagos lawyer/Activist on Channels Tv). If a further cost is deducted, say, the servicing of external debt, we should still have enough for infrastructure development that will create jobs for millions. This is truly the Arithmetic of Nigeria's Underdevelopment.".just imagine this
BREAKING NEWS - BUTv 26/06/2013 Subject: GEN. Yakubu Gowon OF NIGERIA TO BE JAILED: GEN. Yakubu Gowon OF NIGERIA MUST BE TRIED AND JAILED FOR WAR CRIMES; HAVING SPEARHEADED A GENOCIDE THAT CLAIMED THE LIVES OF 3.5 MILLION IGBOS and Biafrans. All true Biafrans all over the world have serious problems with ALL those killers like Yakubu Gowon and other Hausa-Fulani/Nigeria Generals who committed genocide 1967-1970 against Ndi-Igbo by killing 3.5 Million Igbo people/Biafrans. We also have problems with how Hausa-Fulani/ Nigeria have stolen almost all Crude Oil in Biafraland and denied Biafrans livelihood thereby committing yet another genocide - this time economic genocide against Ndi-Igbo. He (Gen.Yakubu Gowon of Nigeria MUST be used as an example to all Nigerians that no one is above the law of men not to talk of being above the laws of the Almighty God YAHWEH/ALLAH when he said: " you should not kill nor waste the blood of a fellow man" - a reason why Cain became of fugitive for live after killing his brot ...
If I ruled the World here is the first thing I would: Bring peace and harmony to world. move all criminals drug addicts and peddlers to a remote Island away from society. All right's as an equal to all people regardless.Close down all plants and government agencies causing harm to people. Close down the federal reserves and the IRS. A new government would be formed. *** Right's would granted to all. The Welfare System would be shut down. Only Taxes would be paid is Social Security. All Citizens would get free healthcare regardless of pre-existing conditions. All Citizens will have the freedom to grow and develop plantations for themselves to provide food and goods. Crude Oil would be ban. Ethanol Fuel would replace Crude Oil. Oil companies would be shut down. Oil Rig's Removed from the Oceans. To prevent further contamination of our eco system. I can go on forever to tell you the thing's I would fix.
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How are you, your work and all the members of your family? I hope and pray that you are all well. let me start by introducing myself officially. My name is Dr. Mrs. Ada Emillia Ahmed Bin Venezuela Citizen married to Libyan and wife of late Retire General Ahmed Diko Bin, who was shot dead during the civil war in Libya. ,My late Husband was Financial adviser and business associate with Mr.Saif Al-Arab Gaddafi that deals in Crude Oil lifting, Gold Dust/Bars situated in Tripoli-Libya. I was married with 6 kids,two boys and four girl.I lost my two daughters during Libya War last year. it was a terribly situation for me and my Family Right now in the Bani-Walid. There is a situation, a terrible one indeed here in Libya. Since the announcement of the trial of Saif al Islam Gaafi, the son of former Libya leader, Libyan Col Muammar Gaddafi in August, thing has changed drastically here. If you have been following the PRESS TV or even BBC news, then you will be aware of this development earlier before now. It said . ...
Crude Oil: On what basis did the FG gave out pipeline protection contracts to the 'Ex-Militants'? On the basis of competence? If the answer was in the affirmative, why the increase in the oil theft above and beyond anytime in the history if our exchequer? This is what the Minister of Petroleum said yesterday: “We should look forward to reduction in the quantity of oil that is being stolen from Nigeria. The challenge we have now is that a lot more oil is being stolen than we used to have and that is affecting the economy of the country in that less funds are now coming as revenue. You know our economy is still dependent on oil until we move it away from oil. That is why some of us are emphasising on the creating of an economy beyond oil..." When a nation keeps paying for inefficiencies and bribing its way for peace, all that we see is confusion and compounded problems...
Crude Oil prices came down sharply, as predicted.Gold and Silver on the recovery path. All base metals returning to normalc.
Bullions lost glitter yesterday , Crude Oil losing the Charm today , base metals still holding high , is it the next target ?
Market Pulse: Precious base metals may trade mixed Crude Oil to be bearish:
AGE-LONG GAS FLARING IN ADIBAWA FLOWING STATION HAS BROUGHT DIFFERENT KIND OF SICKNESSES AND DISEASES TO THE PEOPLE OF JOINKRAMA COMMUNITIES IN AHOADA WEST L.G.A OF Rivers State Crude oil exploration in Nigeria was first discovered in Oloibiri Southern Ijaw L.G.A of Bayelsa State in 1952 by Shell Petroleum Development Company Ltd and later discovered another oil well at Khana LGA of Rivers State and continue discovering in that order, discovered in Oba/Egbema Ndoni LGA of Rivers State as well as Adibawa flowing station in Ahoada West L.G.A, of Ondo Rivers State and later Delta State, Akwa Ibom State and other parts of Nigeria and ever since then till date, gas flaring has been going on and on and no solution to stop gas flaring in Nigeria. Oloibori Community where Crude Oil was first discovered in Nigeria is so primitive and is absolutely nothing to write home about and no any form of development in that community. In Adibawa flowing station in Joinkrama No. 4 Community in Ahoada West Local Government ...
About ORGANO GOLD WHY? Join in our business NOW... COFFEE is the 2nd most traded commodity in the World after Crude Oil! Can you name 1 country that the people there don't drink coffee? :) POTENTIAL: 2010: 60,000 Global distributors with an est. revenue of $35 million. 2012: Launched in Malaysia, Global distributors are 350,000 with est. revenue of $300 million. 2015: Est. number of Global distributors will be around 1 million with est. revenue of $800 million. BACKGROUND: Organo Gold is founded by Bernardo Chua, in 2008 and is on a mission, spreading the knowledge of Ganoderma to the four corners of the world and partnering with thousands of people along the way. Using the cost effective network distribution system to deliver these Ganoderma products, more of every dollar is shared with the growing Organo Gold family world-wide. Open in over 35 countries for business: the USA, Canada, Germany, UK, Greece, Jamaica, Mexico, Dominican Republic, The Netherlands, Austria, Cyprus, Spain, Philippines, Ecuador, ...
Seems par for us Crude Oil at 98.79 barrel it went up 12.4 cents a gallon since May 31 but we have a Gas increase of almost 40 cents since then. This must be some new math for the Oil Companies. It is now more than ever to ask how we can put a stop to the gouging that has been going on for years.
Dear Friend, I am Alhaji Aliko Dangote,and i am one of the most richest Man in Africa and I got your contact on my desperate search for a trusted partner who will help me in investing my wealth abroad in a good business. am one of the most successful Business Man in West Africa and i wot over fifty million US dollars ( $50m) in my deposit account in a Bank here in the country. As a business man i thought investing in an Oil business we be more profitable and reliable, so that's why i need a truthful partner over there in abroad that i can trust and relay on. with a promise i will do my possible best to make a good partner, which i hope He/She will also do. I contact you so you can be my foreign partner in investing this money in a Crude Oil business so i can settle down in your country and start my life there. If you are interested in helping me invest this money in a legit Crude Oil business i promise i will be a good partner. I also want to assure you that 40% 0f what we get as a profit will be yours f ...
*Dangote now 25th richest man in the world* Today Aliko Dangote is advertising himself all over world as the richest man in Africa but we all know that he got that money from our oil in the South East and South South. His ewu hausa/foolanis dictators gave him oil blocks, contracts to make the money and yet 99% of the real the owners of the Crude Oil are dying in abject poverty. How can an ewu claim he made the money from selling groundnuts and camels? Is it possible for groundnuts sales to make someone the richest in Africa? Why are they against pipeline protection contracts given to Niger Delta freedom fighters? GEAJ please transfer all the Oil Blocks to their originals owners. Give more Pipeline protection contracts to persons from the South East and South South. Someone from the desert cannot come take what belongs to us. This slavery MUST end now. Great Biafra, Niger Delta, Oduduwa, Middlebelt, Boko Haram etc Republics must be by the end of 2015. GEAJ bifurcate this useless imperialist contraption cal ...
Crude Oil (CPC (Caspian Pipeline Consortium) Blend), Kazakhstan Origin, from Kumkol, FOB Novorossiysk (Yuzhnaya Ozereevka Terminal), 150.000 MT per month x 12 with R&E. Seller is Allocation and Titleholder. Discounted price based on Mediterranean Platts Market can. Potential buyer have to have freight history in Novorossiysk and/or other Black Sea Ports.
When I was 19, I got politically active opposing nuclear energy as an unsafe energy source. I have changed a lot since then because I have learned a lot. NOT to say that TODAY I am FOR nuclear energy. But, I am more diligent about gathering information before I become active on an issue or political campaign. We face a global crisis as a result of rapid climate change.Climate Change not seen in millions of years. How can anyone dispute that our intensive burning of Fossil Fuels has not been an enormous factor in this climate change? The data is all there. So, the Keystone XL Pipeline, a pipeline transmitting TAR SANDS from Alberta Canada to the Gulf Coast of the United States is indisputably a form of suicide on our part and/or a form of murder on the part of the Fossil Fuel Industry. To make TAR SANDS usable requires the burning of about 18% more Fossil Fuel than standard Crude Oil. Bill McKibben is right. The whole world is in a war with the greedy fossil fuel industry.
EUR, GBP, JPY, AUD, CHF, Gold, Silver, Crude Oil and other currencies and commodities are likely to fall around 500-1000 pips as US central bank is going to end its QE program
TREASURE IN THE NORTH | Develope Our Mineral Resources In Nasarawa State & Go With Your Oil - Engr. Mustapha. = ENGINEER MUSTAPHA: NASARAWA STATE is a home of Solid Minerals. As at last count, there are 114 different mineral deposits that have not only been detected but are detected in commercial quantities, and are left untapped due to Federal Government negligence to explore other means of revenue generation. The rocks in Nasarawa state are the host of Gold in Wamba; Baryte in Azara, Wase & Aloshi; Coal (Among the highest grade in Africa) at Obi, Jangwa & Shankodi; Large Marble deposite at Ugya and Gadabuke/Toro; Tin, Columbite and Tantalite at Afu, Udege Beki and Wanbai; Germstones in Keffi, Garaku, Andaha and Nasarawa Eggon; Copper Deposite in Akiri... ETC, ETC... NASARWA STATE is more Mineralized, both in quantity and quality than South Africa, whose economy depend majorly on solid mineral resources. The Nigeria Government have continued to depend solely on Crude Oil from Niger Delta and refused to d ...
eat track record as always "Yexxon" remermber Alaska is still cleaning up after the Valdez crashed but didn't burn just leaked a few MILLION gallons of Crude Oil all over everything!
45,000 Barrels per day Crude Oil is NOT worth US$2.5 million ...: Dr. Austin Sichinga is som...
Register for the Diesel Price Risk Management and Crude Oil live webinar on 17 April.
MCX Crude Oil has resistance at Rs 5080-5130: GEPL Capital
Steps to create wealth from Commodity Market _ The fastest wealth creation opportunity is Commodity Market in India. Do you really want to create wealth from Commodity Market ? Learn and Master this seven steps. 1. CHOOSE THE RIGHT COMMODITY In commodity exchange there are 1000s of commodities are available for trading, but your success is based on selecting the right commodity. Example, you can choose Crude Oil , which is the best commodity to trade. Crude Oil gives you lot of opportunity to create wealth. Its having good volatility and liquidity. 2. Identify the right exchange to trade In India we have two important Commodity Exchange. MCX (Multy Commodity Exchange) and NCDEX (National Commodity and Derivative Exchange). So you have to choose the right exchange based on liquidity and volatility of the commodity. Let us say we are trading in Crude Oil, MCX is the best exchange which is in parallel to International Commodity Exchange in Price Movement and Liquidity. 3. UNDERSTAND THE COMMODITY WELL Th ...
Venezuelan state TV has Just Informed the Faithfull that Cuba and Venezuela are one in the Continueing War of Liberation in South America (That Means Overthrowing Chile and Colombia and Perhaps Peru and Certainly Paraguay with its Fresh Water Rivers runing to the Atlantic thats stops Boliviar Being Landlocked, unless they all Threaten Chile for the Port of Arica in North of Chile (used to Belong to Boliviar till a Salt Peter War I thinK) and now Vital to MERCORSUR Anti Imperialist Mafia if they are not to Collapese in there own Internal Contradictions as the Chavez Economic Model does not Work, even with Venezuela Piggy Bank, as Argentina goes Down to a Technical Default, and Venezuela Bails out Welfare checks to 18 Other Countries in oil and 24 Billion Subsidies on food and Petrol at Home to use it Pays America for (10 Barrels of Crude Oil sold to America of which 2 Barrels Refind comes Back and Paid top Dollar for, and Subsidiesd in Venezuela) Like the old Soviet Union Economics 2 Plus 2 do not make 5 . ...
Can anyone tell me with Crude Oil under $90 a barrel why gas is still $3.54 +? Do we have a refinery shut down??? What gives!
The Neo Black Movement of Africa to help in fighting Crude Oil pipeline vandals The Neo-Black Movement (NBM) of Africa has pledged its readiness to help the government and oil companies combat pipeline vandalism. NBM’s Head (Worldwide), Mr. Bemigho Eyeoyibo, made the pledge recently when he met the commissioner representing Edo State at Niger Delta Development Commission (NDDC), Henry Okuarubo. He hailed Okuarubo’s vision and dedication in the discharge of his duties, saying he has brought many projects to the state. He added: “NBM is a pan-Africanist organisation dedicated to the unity and development of the continent and its people in the Diaspora. We are capable of tackling pipeline vandals.
Did you know... DR.OZ says: "Petroleum jelly is a byproduct of oil drilling, and when you spread it on your lips, you eat it, which is essentially the same as drinking gasoline." Women with breast cancer have twice the levels of hydrocarbons (found in petroleum jelly) in their breasts than women who haven't had breast cancer. // This is JUST ONE REASON why I trust my Arbonne products and won't use anything else!!! Everything is formulated Petroleum/Mineral Oil FREE. I am telling you.Arbonne was Green when Green wasn't Cool. I've been asked why Arbonne products are "expensive." Here is my reply: The main reason Arbonne is more expensive than some products on the market are the cost of the raw materials used to manufacture Arbonne products. In comparison, other companies are able to lower product prices because cheap and often dangerous ingredients comprise their products. Almost all US formulated products contain mineral oil. Mineral Oil is processed Crude Oil. It is a byproduct of drilling. It is occlusiv ...
How can Allison Madueke tell us that GEJ is so worried of Crude Oil theft from Niger Delta when she is the person over seeing the ministry?
WHERE IS THE GRASS ROOTS SHARE OF Rivers State 13% DERIVATION FUNDS FROM Federal Government? LG CHAIRMEN IN BONDAGE TOO SCARED TO EVEN CRY OUT!!! It is a known fact that on a monthly basis, Rivers State account is grossly depleted, the State is BROKE!! Rivers State has been led without peopes’ consultations into Foreign Debts, due to colossal sums borrowed from firms abroad under the guise of collaborative development initiatives. What and whose initiatives if this group may ask on behalf of the Voiceless citizens of Rivers State. ONLY Rotimi and his cronies know about these. Apart from roads in Port Harcourt, once guess is as good as any as to what may be happening to state allocations. With all the Crude Oil monies and 13% monthly derivation allocated monthly to Rivers State from the Federal Government, what! (For crying out loud) do we need with extra foreign cash for? The answer is greed, and uncontrollable greed for power. Why oh why should our dear state be plagued like this? Why enslave the futur ...
So that oil thingy found in Volta Region wasnt Crude Oil. The Ewes have pranked us :(
Crude Oil ; Japan isn’t seeking an agreement with Saudi Arabia to raise production if it makes an emergency request for oil supply, Japanese Trade Minister Toshimitsu Motegi told reporters in Abu Dhabi today.Motegi comments came two days after Nikkei newspaper reported that the Japanese minister visited the kingdom to sign an agreement to secure future oil supply to limit shocks to Japanese economy as Saudi Arabian exports may decline on growing local consumption.
Crude Oil reportedly discovered by locals in the Volta Region in deployed to verify find claims
I pity the people of Nkwanta, where the Oil may have been found!! If only we had the right Property Rights Laws in Ghana, things wont look so bad for them!! If it is Crude Oil, the Story 10 years from now, will be not so good for them, because by our laws they will almost certainly lose their lands!! and by our history they wont get well compensated for it!! If I were the Chief there, I would assemble am army of Lawyers and promise them a good chunk of the compensation and settlement for the lands, and instruct them to make sure we get everything due us, and a hefty compensation to make up for all the losses we are about to suffer!! Cry the beloved nation!! whose bowels will be torn out, so some can have meat!
Finali, Crude Oil has been discovered in Volta Region..Proud to be NO.9
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Crude Oil now inland.!!! in the Volta Region?? Ei God n.a. you be too much ooh..Wey kind blessing na this for Ghana..Oga Akpe. Ooh.!!!
Crude Oil discovered in large quantities in Nkwanta North, a town in the Volta Region of Ghana.- Citi FM
Must read The Gujarat's Contribution to India.. • 35% of Petrochemical production • 23% of Crude Oil (Onshore) • 41% of Chemical products • 27% of Groundnut production • 15% of Cargo Handling • 11% of Cotton production • 30% of Natural Gas (Onshore) • 18% of Mineral production • 25% of Textile production • 26% of Pharmaceutical products • Gujarat records highest decadal agricultural growth rate of 10.97% • Over 20% of the S&P CNX 500 conglomerates have corporate offices in Gujarat • As per RBI report, in year 2006–07, 26% out of total bank finance in India was in Gujarat. • In a July 2011 report, The Economist noted that Gujarat's infrastructure competes with Guangdong - the economic engine of China. With double digit growth rates, Gujarat continues to outpace growth in other Indian states. Beyond better road networks, The Economist article claims the state government of Gujarat has kept red tape to a minimum, does not ask for bribes, and does not interfere with entrepreneuri ...
A Young Nigerian Builds Light Aircraft In Bayelsa State The Niger Delta is synonymous with mostly two things – Crude Oil and Youth restiveness but a young man from Brass LG in Bayelsa State, is changing that perception and it can get better if only he gets all the necessary support. Ifiemi Felagha, 36, built a light plane in the comfort of his homestead. The young man who works with an oil servicing firm, spent his leisure time over the past 8 years to bring his dream project - a light plane – to fruition which he named ‘Destiny.’ According to Felagha’s parents, they noticed from his childhood that he loved putting different things together although he achieved his latest feat even without a tertiary education. The aircraft is however yet to take-off because Ifiemi is not a trained Pilot. He is now consulting with aviation experts but for now, he keeps moving the aircraft on his make- shift runway.
NEW YORK (TheStreet) -- Business have been good at Hess (HES) , Jim Cramer told Debra Borchardt at TheStreet.com Monday, but that hasn't stopped shares from being chronically undervalued. Cramer said Hess, like many of the big oil names, has been making a lot of changes in itsbusiness in response to America's oil boom, and that includes shedding low-margin businesses as well as assets that are simply in the wrong areas of the country. More Headlines Precious Metals and Miners Making Waves and New Trends Energy Stocks, Crude Oil: Trend Analysis, Special Report Will Homebuilders Q4 Support Additional Share Price Strength? Cramer's 6 Stocks in 60 Seconds: HAL NTAP WM JOSB TKR SPLS Pandora Can and Will Profit Beyond Mobile Advertising He said with so much oil coming out of America's oil shale regions, refineries that are based on the higher prices of Brent crude just aren't as desirable as they once were. What is a fair valuation for Hess? Cramer said he thinks shares are easily worth $70. To sign up for Jim ...
MTECHTIPS:-WTI Crude Oil trades near 4 month highs on robust economic outlook Crude oil futures traded near the highest level in 4 months on the NYMEX on hopes of global economic recovery and as growth returns to China and US, the world's biggest consumers of crude oil.The profits from Chinese industrial companies zoomed for a fourth month in December even as US data may show that durable goods orders and pending home sales climbed last month.“We can be a little bit optimistic on the economic recovery, and of course on China and the U.S.,” said Ken Hasegawa, energy trading manager at Newedge Group in Tokyo to Bloomberg.“The oil market is trending to the upside.” he added.WTI crude oil futures on the NYMEX for delivery on March 13 was spotted trading at $95.94 a barrel, a gain of $0.06 or 0.06% as of 09.52 AM IST, Monday. Brent crude oil on ICE Futures Europe for delivery on March 13 was seen trading at $113.16 a barrel, a loss of $0.30 or 0.26% as of 09.53 AM IST.
Price of OPEC basket of Crude Oil on 18 Jan: $108.92:
Perkins Folorunsho Ojeaga Snr As citizens of Nigeria from the Niger Delta extraction, we have the inalienable mandate to use the wealth of our God given natural resources of Crude Oil as an effective tool to propel Nigeria towards true federalism by conducting the Sovereign National Conference (SNC) immediately. General Ibrahim Babangida cleverly and most candidly put it to President Goodluck Ebele Jonathan recently that, the President has been given the greatest opportunity to reverse history and restructure Nigeria immediately. No region of Nigeria has ever been given such opportunity in our history since the amalgamation in 1914. Just for once, the Niger Delta region has been delivered the mandate to do so on a platter of Gold. Unfortunately, not a single Ijaw's amongst us in this dispensation has the brain to think about this great opportunity and change the cause of our beleaguered history. All they have been busy doing is simply running around like headless chicken sharing money in the various hotel ...
The Technical Analysis Report Market comments: Euro: Support and Resistance 1st 2nd 3rd Resistance 1.3600 1.3960 1.4550 Support 1.3000 1.2045 1.1030 Our system has reentered the Euro trade at 1.3180, targeting 1.3460 then 1.3960 with a stop loss at 1.2640 (this is a long term weekly entry). Our system has a potential buy signal on the daily Charts. Should the Euro close above 1.3116 we would get this signal so stay alert. Gold: Gold is trading a range 1520/1920 on the weekly charts. Gold has plunged back down below the 1670 level targeting the 1635/1625 levels then going down to the lower end of the weekly range. Based on our analysis, it is better to remain short the gold until we get a clear reversal pattern. S&P Futures: The SP is trading a range 1340/1468 on the daily charts. On the weekly charts it seems poised to break its 1468 highs and resume the uptrend and only a break below 1340 would reverse this up trend. Crude Oil: Still nothing new, the crude oil is still trading its (75/100) range. On the ...
Crude Oil: Oil futures traded fractionally lower in the early part of Monday’s Asian session after a Sunday session for Congress produced no tangible results regarding a fiscal cliff resolution. Oil prices turned lower after the U.S. Energy Information Administration said that U.S. crude oil inventories fell by 0.6 million barrels last week, compared to expectations for a decline of 1.85 million barrels.
Note storage reports for both Crude Oil & Natural Gas are released today due to the Christmas holiday: $CL_F $OIL $USO $NG_F $UNG
Crude Oil: Oil prices have been bullish which were supported by some upbeat macroeconomic home prices data from the U.S. and supply concerns of reduced outflow from the Kurdish regions in Iraq. In other news the United Arab Emirates had apprehended members of an alleged terrorist cell which may have affected major oil producing nations
Gold. Crude Oil. Natural Gas. Copper. Commodities are present in every facet of our daily lives. We all seem to be sensitive to the price of gas at the pump, what it costs to heat our house, and what we pay at the grocery store. When we turn on CNBC, the ticker not only shows the Dow and the Nasdaq, but oil, gold, silver, and a host of other products that have become almost mainstream. Niche products, such as frozen orange juice (think of the film “Trading Places”) and coffee, have become chat room staples. The list of commodities the average investor can trade has exploded in the last 10 years. What was once the playing field for farmers, merchants, and end users to hedge their price risk is now an ever-expanding list of products designed to give customers exposure to the price fluctuations of everyday goods used by people and companies around the world. This brings up two very important questions you should ask yourself: Should I be investing in commodities? If I so, how do I do it? Who Uses Commodi ...
Happy Holidays: Extremely light volume in the abbreviated Christmas Eve trading session finds the grain markets finishing up as follows: Corn up 2 to 3c , Wheat up 1 to 2c, and soybeans trading 6 to 8c higher. Grain and oilseed futures and options will resume trading at 9:30AM on Wednesday. Old floor (day trader) adage: “Never sell a quiet market.” Reports on tap for the remainder of the week: Export Inspections on Wednesday; Export Sales on Friday. Otherwise, no real news to report. Washington still busy on the “fiscal cliff” measures but taking time off for the holiday. Grain markets will now turn their immediate focus to index fund rebalancing of positions in January as well the January 11th Final Crop Production report from the USDA. In livestock trading, February Cattle are 30c lower and February Hogs are 62c higher. In other markets, Crude Oil pretty much uncharged, Gold futures are down a buck and the U.S. Dollar is trading 5 ticks lower. Technicals: Same as earlier this morning: CH ...
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Online Gold Trading bforex offers online Gold trading with simplicity. Within the fx market, it is actually a form of currency. Online Gold trading is electronic, along with other currencies, and other commodities, such as Silver and Crude Oil. It is important to differentiate between currencies and commodities, such as Gold, Silver and Crude Oil, as these commodities are only traded against the US Dollar. As a result, Gold prices are at all times stated in US Dollars. At bforex, Gold (XAU/USD) prices are reflected per Ounce, its spreads are fixed at 50 pips and leverage is 1:200. Gold Trading Rates The physical buying or selling of Gold is not involved while trading Gold. This is the same for other commodities and currencies. The technique that is known for trading online Gold is the OTC system (Over the Counter). As the OTC method of trading is not exclusive to or controlled by a particular stock exchange of any country, such as the NYSE of the US, the Gold OTC trading is carried out in a nonstop direct ...
Crude Oil was discovered in Nigeria at Olobiri, Bayelsa State in 1956
Crude Oil prices continue to remain weak amidst Euro zone crisis, rise in gasoline…
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Algae biofuel is definitely goin' 2b th fuel for th future. It's easy to cultivate, takes lesser tym 2 grow compared to other crops lyk soyabean or corn. 'n the MOST IMPORTANT THING- IT DOESN'T JEOPARDIZE THE FOOD SECURITY... One day it'll change th financial sytem f th entire world. The economy 'll hv to find a new base to rely upon rather than Crude Oil.. Every household 'll hv its own fuel tank to produce ALGAE-FUEL :)
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NEW YORK, Nov 4 (Reuters) - Victims of superstorm Sandy on the East Coast struggled against the cold...
I strongly want, perhaps need, to believe ignorance has a real lower limit. But on the train today, I had to unwillingly listen to two individuals have an entire conversation based on the notion that facial oil and crude oil are the same thing. God help the human race.
Iran's export of crude oil to India jumped 53% in September:
Iran crude exports to India jump 53%
NEWS US To Export Oil: Nigeria loses revenue and market by 2014 |
Crude Oil on fractional distillation produces these products.
In an earlier discussion on linkedin in regards to biofuels. Some think that it will not be competitive as to crude oil. I beg to differ.
Well, it's supposed to be about extracting pure substances so I think you should just stick with crude oil.
Im doing mine on crude oil which is general or do I chose like Gasoline which is made from crude oil. I just got confused. :S
Well correct me if I'm wrong crude oil dropped another $2.00 as of today.gas prices have dropped or remained steady..there are fuel shortages all up and down the areas effected by hurricane sandy..new jersey is rationing gas depending on your license plate number..really? Economics 101 Supply and demand? Election year?
Turns out there are a few things thicker than blood...like crude oil for instance, and hate.
We should think abt another option to gain our energy.becoz crude oil price is really gaining sped like Usain Bolt.
Texas Brine Co. began burning off Natural Gas Friday that was trapped in a water aquifer near a sinkhole in northern Assumption Parish, …
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We can fix it tho. stop burning fossil fuels. Industrial Hemp can replace anything they can make from crude oil. Cheaper and better for the environment. read up on it.
If you're a genuine buyer/ agent who is fed up with dealing with fictitious suppliers of B light crude oil. contact:
The Government in Cambodia is incapable and let the both international and national oil companies sell products to the people at highest price eg: $1.35/liter while international crude oil price has been decreasing very low. Will you vote for this leader again in July, 13?
BAYONNE, N.J., Nov 3 (Reuters) - In the shadow of the huge tanks where oil companies have stored the...
Scientists in Michigan are making crude fuel in minutes -
NEW YORK - The dollar climbed to a more-than-six-month peak against the yen and a three-week…
Watching it rain here at Hope while I'm unloading a load of Crude Oil!
Could this make the current crude oil industry and it's methods... Obsolete? Green energy at its finest.
In case of natural disasters I keep a box of squirrels and an exercise wheel around. They make power for nuts running on the wheel, and when they drop dead they become dinner. Twice the mileage for each squirrel. I keep about two dozen. If you pressure cook about two dozen of them for a week you get about 2 gallons of crude oil, 1.4 gallons of gasoline if you can refine it. The furs make nice little hats and mittens if the black outs and shortages should last for too long. Their fuzzy tails make great wind vanes and fishing lures. Keeping a couple of dozen squirrels around can be rather handy in a jam, eh?
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University of Michigan finds a new way to cook algae into oil crude. Getting closer to shake and bake fossil fuels
The President doesn't control gas prices you *** crude oil suppliers do. F'ing google it Mitt
NEW YORK, Nov 3 (Reuters) - Fuel supplies headed toward disaster zones in the U.S. Northeast on Satu...
ONGC crude seeps into paddy fields in Nagapattinam district: Crude oil from an abandoned Oil and Natural Gas Com...
United Kingdom : PROFITS Reduced due to oil prices in Royal Dutch Shell … –
Make only one trade per day (Houston): I trade the CL (Crude Oil). I only make one trade per day at the same tim...
(LOI) to an onward presentation to our licensed crude oil Seller prior to other procedures.
I've always wanted to hold crude oil. It's like milking the earth
Baton Rouge is good at 4 things: growing live oaks, refining crude oil, giving you cancer, and hosting a god *** football game.
Global stocks and crude oil retreated on Friday even after a U.S. employment report for October surpassed expect...
The Relationship Between Crude Oil And Cad - Historically speaking, crude oil and the Canadian dollar have...
The whole world is now a global market place for transacting local and international business. buying and selling constitute the entire marleting concept. What as a people are we bringing to the global market place? Sub standard movies of shrines and witchcraft - or un-refined crude oil that fetches bottom prices?
Nigerian crude oil...is it a blessing or a curse? Claims,claims n more claims.
The unsplendid state of Nigeria on her abundance in Crude oil but rely on imported Refined oil is amazingly ironic! Nigeria is like a rich man who inherited lots of resources but he is breathing through another man's Nose.
Is BC ready for oil tankers filled with tar sands crude naviigating the waterways that sank the 'Queen' six years ago?
NHL Stanley Cup Memorabilia from The Bradford Exchange Online
Oil spill on fields leaves farmers on edge: Leak from crude oil trunk line of ONGC-Cauvery Asset
With average prices at the pump approaching $3 a gallon, filling up is causing American consumers increasing pain in the pocketbook. NPR's Scott Horsley looks at the issues surrounding high gas prices.
Why will I pay N200k for a roadside prostitute? Will crude oil pop out from her nipples when I press it?
If you are looking for a job, check out Odessa TX. They are hiring everywhere. The economy is turbocharged because of high crude oil prices. I wish I knew about this great little city 6 months ago.
Mr. President, may God help U to achieve what U have just said yesterday that soon, Nigeria will stop importation of fuel and exortation of crude oil. Thanks to Nuhu Ribadu and his noble committee.
Why is Federal Government can't generate other source of income in dis nation except crude oil? For God sake hm! Pals dis is a word please negotiate with me AM HAPPY TO BE FB MEMBER
Vanguard News shared the following link: battle between Rivers State and its neighbouring Bayelsa State, over who owns the stretch of area that generates three hundred thousand barrels of crude oil per day has left the court room. The battle is now on the streets of Port Harcourt where, on Wednesday, traditional rulers, chiefs and other prominent community leaders of Kalabari stock took ...
" What’s different about the sewage contamination from Sandy is that, due to the storm surge, sewage spilled back into roads and homes in many communities, rather than being discharged into the river or harbor."
Nigerian police stormed the hideout of the kidnappers of a Turkish national in oil-rich Rivers State and killed 14 of them in a shootout, police said Saturday. “The hoodlums were shot dead during a gun battle with the security agents in their camp in Kaani community in Ogoni land,” state police spokesman Ben Ugwuegbulam told AFP of the incident on Friday. He said members of the gang who abducted a Turkish construction worker last month had opened fire upon seeing the security agents in their camp. “The security operatives returned with a superior firepower and in the process shot dead six of the kidnappers instantly, while eight others with gunshot wounds died on the way to the hospital,” the police spokesman said. He added that two other suspects were assisting the police in their investigation. Ugwuegbulam said the Turkish national had earlier been released unhurt by his captors after they collected ransom money. “The security team recovered some arms and ammunition as well as cash in the camp ...
I see that CT got their supply of crude oil
From discussions with NNPC officials, the pricing of domestic crude oil was based on international prices. PRSTF Ribadu Report Nigeria
Serious concern:colonial time in th 40s,50s and 60s,th cars were running on crude oil,bad braking system,no electronic ,no power steering ,heavy on fuel and th speed was 120km/h,now we have th best and most sophiscated vehicles in th world,can't th Goverment put th speed up to 140-160km/h
A new heat/pressure processing method for algae allows to transform them into crude oil. (What is the enegry balance?)
Was Lindsey Williams right about the gulf oil spill causing the USA to sink?
If anyone really wants gas let me know ill be digging to find some crude oil
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Looking to buy 100,000+ barrels of WTI crude oil/month for export. Whose selling production?
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Anambra North Insists On Producing Next Governor In 2014 Submitted by Emeka Nwanchu on November 2, 2012 - 6:36pm The people of Anambra North Senatorial Zone have insisted that the area would produce the next governor at the governorship election of the state scheduled for 2014. Rising from a meeting in Awka, the group which meets under the umbrella of “Olu Na Dagbe,” said that part of the decision was based on an agreement reached with Gov. Peter Obi in 2010. Addressing newsmen shortly after the meeting,Christopher Eluemunoh,said that the stewardship of the people under governors from other zones was long enough. Eluemunoh said that besides the agreement, “the zone as at today has become the goose that lays golden eggs for Anambra as oil is now coming from the area. “We discussed with Gov. Peter Obi in 2010 when he was seeking re-election, and we told him that we are going to hold him responsible if anything goes wrong, and he made a promise to sponsor a candidate from the North, if need be. “An ...
For nigerians to stop fuel importation in d next 4 yrs,how visible?
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Crude oil dropped further last week and breached mentioned 61.8% retracement of 77.28 to 100.42 at 86.12 as expected. Deeper decline is still in favor in near term. But as noted before, we’d expect strong support ahead of 77.28 support and bring rebound. So focus will be on reversal sign as the curr...
So the whole food label thing has gone to *** when margarine is labeled as vegan and gluten free. It's made with vegetable oil anyway isn't it? lmao Usually canola. And people saying that cheese whiz is one molecule away from plastic. Plastic is a by-product of crude oil. lol That is all. ;)
A Louisiana official said analysis has revealed the liquid hydrocarbon from the failed cavern and samples from the nearby sinkhole strongly indicate both are naturally occurring crude oil.
Don't be fooled by dropping gas prices. The price we pay at the pump is controlled by the Arabs who control the price of crude oil. They have dropped the price of crude because of all the talk about domestic drilling. The last thing they want is for us to tap into our vast oil reserves and become energy independent and stop buying their oil. If that happens where would they get the money to attack us. This isn't the first time this has happened. They'll raise the price until we get mad enough to start talking about drilling in the US then they back the prices down until the talk subsides but the prices would still be higher than previously leaving us with higher and higher prices at the pump. So the President doesn't control the gas prices.unless he lowers taxes on gasoline or he promtes domestic drilling. The next President must do more than just promote it they must do it. We should join with Canada and Mexico to make North America free from Arab oil. If we do this our prices will stabilize and then we ...
Sweet crude oil just dropped another $2.30. It is now at a price, It was when unleaded regular gas sold for $2.45. So why is the gas still high ???
No, seriously, the election is on my mind, as I hope it is on yours. The future is in our hands. Tuesday will decide not only an election, but a direction. Here's a list of 10 goals that I think our leader should pursue to get us headed in the RIGHT direction. 1) Produce a balanced budget by the end of his term. 2) Repeal the Affordable Healthcare Act and replace it with something that will actually slow or stop the increases in the cost and offer coverage to the uninsured, if they want it. 3) Continue the current tax rates (Bush tax cuts) that are set to expire in January. 4) Maintain our military strength at or above its current level. 5) Modify Social Security and Medicare to ensure their long term survival. 6) Remove ALL our troops from Irag and Afghanistan as soon as possible (no date certain). 7)Make us independent of crude oil not produced in North America. 8)Reform the welfare system to truly serve the needy and not the gimme. 9) Remove barriers to business that slow or delay their growth, and t ...
Yep, its still there. And getting bigger, and bigger, and bigger... Crude oil, and Natural Gas escaping. Surrounding aquifers are filling with Natural Gas.
KOCH BROTHERS~ The Koch brothers would profit from Canadian oil pipeline at the expense of working families, who live and work along the approximately 2,000 miles of the pipeline’s route. The brothers own almost all of the $100bn Koch Industries, which is “among Canada’s largest crude oil purchasers, shippers and exporters”, according to a Koch subsidiary’s website. The Kochs also operate an entire business line called Koch Exploration Canada, LP, which is devoted to exploring and refining one of the most toxic energy sources on Earth. Koch Industries handles 25% of this oil, and the brothers stand to make millions of dollars from the pipeline’s construction, which could generate $15tn for special interests in North America.
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Funny country we are! This is a country of comics no dought, well was it not an american polls company that said once that we are the happiest people on earth? well even Fela immotalized the saying 'suffering and smiling'.. anyway why is it that whenever there is an enquiry into anything, say crude oil money, subsidy or oil and gas money, tax money, the committees come up with different sets of criminals, so say 5 committees submit their reports today there can be 500 companies and 2000 people indicted, this inturn setup the police for another round of rat race running around making money from indicttees (lol), remember that 40 year old billionaire that is to account for over 70billion naira that a court remanded but a DPO (or was it a police station?) bailed him administrtively? Sometimes I just laugh and laugh and laugh at Nigeria.. the lawlessness is 3 much, every body is a minigod, waring to retain his or her throne. Go to ministries, state or federal and you will see them, kings everywhere, or should ...
My Pain That Moment when you open your overflow wardrobe and scream no cloths to wear is that moment when my dear country endowed with crude oil and solid minerals has its people screaming No FUEL. Travel Can ameliorate your understanding of other cultures yet our wide travel leaders refuse to make us live in concord, to them, life should be difficult for the less privilege and make them die of hunger. Their concupiscence for hot leg ladies makes them a cheerful giver, no wonder the roads are full of exotic cars. A white man once asked me " if you claim 70% are still living below average in your country, who owns those big cars, building..". Yet no good road to ride our old beetle but anyway, they now acquire aircraft and private jets for their own safety. The terrorist action has been condemned as an act of barbarism and cowardice, the government yesterday, today and maybe tomorrow will reaffirm its commitment to the current situation and expose its enemies. Well, to the masses, the peace process reaffir ...
May the almighty settle the dispute rolling over d country. Trpple amen.
Assuming Nigeria does not have Crude Oil, We will all be Riding BICYCLE! Becos even wen we have it, its too Costly.
May this be the link out of Nigeria black gold poverty...May the crude characteristics associated with crude oil be a thing of the past, so that our future in Nigeria with be glorious.Madam Petroleum try and address misconduct of Mr. Oronsaye during the presentation of the report to Mr.President... This is a slap on the faces of Nigeria especially Mr.President... Let it not be said: '' if it was OBJ''...Prophet of luv,2012
Just got back. latest scamming ponzi game in town. crude oil. LOL! Interesting. Selling shares in residual oil field. Just love the way the scam gets packaged now that gold has really gotten rotten name... letih babe. ;)
Ribadu: Mr. President, another point I will highlight is d use of traders 2 sell our own crude oil. Nigeria is d only doing it except Congo.
The best way to cheer yourself up is to try cheer someone else up...jus lyk oprah winfrey nd gladys anthony yhu kw?...shes the wealthiest black woman,all she does is talk,meeting people needs,interview celebs,discuss societal values,she doesn't sell cement or crude oil.
NNPC, DPR, Shell others embezzled N2.8 trillion – Ribadu report The report of Nuhu Ribadu-led Petroleum Revenues Task Force has shown that government agencies and major oil companies will be asked to refund about $17.8 billion to the Federation account. President Goodluck Jonathan on Monday asked the committee to submit the report. The report which was last week published by an international news agency, Reuters, has generated anxiety within the oil sector. The indicted agencies and companies include; Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Shell Nigeria, Addax oil company and Nigeria Liquefied Natural Gas (NLNG). If the recommendations of the report are implemented, NNPC will be made to refund $13 billion (about N2.19 trillion) being the total outstanding amount due to the Federation Account in the past 10 years. The report said, “The review revealed that over a 10 year period (2002 -2011), the state may have been short paid by an estimated sum of US$5 ...
A repeated offense should be punished be because it is not the day the child spills oil that he is flogged, but rather the day he spills crude oil.
Many Nigerian youths will not cease to amuse me with their folly as they keep defending GEJ’s actions and in-actions. One even champion as an achievement by appointing a profit oriented firm, KPMG, to audit NNPC books; nonsense..! Truly, such people are either an ethnic bigot or a beneficiary of the corruption in the Nigerian system or both. One does not need the wisdom of Solomon to know that Jonathan does not have the political will to fight corruption in the present Nigeria(?). We don’t need an angel to announce the level of corruption in Nigerian Oil sector; even blind man knows that. Setting up different probing committees is just an after thought by GEJ to give himself clean bill upon the evil he committed against Nigeria by removing subsidy that never exist in the first place and save his face. It’s all about 2015. No right thinking person would expect GEJ, a product of corrupt election won by PDP, to sincerely probe the past activities of PDP led government, to which he has always being part ...
Good thinking tho.Now here comes the IMF warning 'don't waste your oil money'
Person A: u related to the real crosby? Me: Well, there's the Bing Crosby that I used to get asked as a child by older men. There's the David Crosby I think only one hippie ever asked me. But I'm not related to either... Instead, I was adopted into a Crosby line where daddy made ICBM nuclear missiles and some great uncle Dixi Crosby invented Fuel Oil from Crude Oil.
Need for Keystone XL Shrinking as Industry Looks to Export U.S. Crude Oil | InsideClimate News via
Questions begging for urgent answers. Why is the ACN so *** bent on "capturing" Ondo State? (a) Good governance (b) Crude Oil (c) Regional integration. But,considering the fact that NO SOUTHWESTERN STATE IS ENJOYING ANYTHING NEAR GOOD GOVERNANCE AT THE MOMENT,except Ondo and Lagos States, then what's the fuss about good governance? Osun State has the worst indices of good governance in Southern Nigeria. If Osun CJ cannot be chosen from amidst judges in the state, a student of Osun State University pays over 150k, Bola Ilori from Ondo town is in the State Executive Council in Osun, no commissioner for works, Osun workers are still fighting for 18,000 minimum wage after about 2 years of being passed by the National Assembly and other 'criminal' moves of Aregbesola, what then is the noise about good governance?. I have always wondered what the gains of the phony regional integration have been in the last 2 years that ACN has been in the South West? Ogun is not working, Oyo is violence-stricken, Ado-Ekiti wh ...
Boy takes his bath in Crude Oil as Senator Bukola Saraki laments Ogoni Situation -Ben Ezeamalu {Premium Times} The environmental pollution brought about by oil exploration in Ogoniland is so bad that kids sometimes have to bath in crude oil as a result of absence of clean water, a senator has said. The Chairman of the Senate Committee on Environment, Bukola Saraki, whose committee visited Ogoni on Tuesday, said he witnessed a boy bath in crude oil. “Seeing a boy take a bath in crude oil in Ogoni land broke my heart,” Mr. Saraki said. At an oil spill site in Bodo community, the Senate Committee, performing its oversight functions, also saw a woman processing cassava in water contaminated with crude. The various contamination cases witnessed by the committee caused an infuriated Mr. Saraki to lament at the oil pollution in Ogoni land. “I experienced firsthand degradation of our land by oil spill. The floor I was standing on during oversight visit caved in,” said Mr. Saraki, representing Kwara Centra ...
After the successful business of E Commerce, Company has started a new business of Forex Trading, Physical Gold, Crude Oil. As you all know, we are involved in variety of Online & Offline business. We are expanding our business all over the world.
That pathetic Zionist Prime Minister,Benjamin Netanyahu,drew what he considered a 'red line' to Iran's Nuclear programe at the UN today.He drew a line he himself knows he can't do anything even if Iran crosses it. He had even blackmailed the President of the United States to draw the red line but Obama refused.The lack of the usual work-out by Western nations anytime the President of Iran is making a speach at the UN only points to one thing;the West are getting tired of the antics of the Israelis. Certainly fortune had turn its back on these criminal Occupiers who had used the Holocaust myth to psychologically enslaved their Western victims.They canlt fool the whole world all the time. This is the best opportunity for Muslim nations to do away with this cancerous tumor but unfortunately most of these states are still reeling in neo-colonialism.How do one expect a country like Saudi Arabia to champion the cause of Palestine?This is a country that produces 10 million barrels of Crude Oil daily.Oil embargo ...
Hear the NDC, particularly Lee Ocran, current Minister of Education shouting himself hoarse when Oil was first discovered. He said emphatically that it was not time to shout eureka and that what was sent to Parliament House was not Crude Oil but adwe ngo palm kernel oil. The Palaver in its ed
Each time i read papers and come across Impeachment of President GoodLuck Jonathan, it only makes me laugh because it sounds like Nursary school children discusions. Let me come out categorically, the impeachment of President Jonathan will be another thing that will be grevious than the past Nigerian Civil War. The impeachment of President will bring to an end what we have as Nigeria. If the so called majorities who usually think they are Born to Rule will not allow Jonathan Rule them, then they too so know that we the Niger Deltans will also forbid their own leadership after all we been feeding this Nation at our own detrimen where our lands and water have been poluted with Crude Oil used in feeding the whole Nation. If they like to impeach Mr. President then let them do it. This will only favour us the Niger Deltans because that will bring the end of what we have as Nigeria since we will not fold our hands and watch them just push away our only person who ever Ruled this country after long rule by the ...
Thank God and may all glories be His name for making it possible for the Government of Bayelsa State to Restore her electricity supply to Oloibiri-Ogbia Communities yesterday after two months of total black-out, even when it was more than one week of the expected time promised by our Hon. Comnr. of Energy. At last, Oloibiri, the Goose that laid the Golden Egg called Crude Oil can now see Light. Thanks to the able Restoration Government of Hon. H.S.D.!
Crude Oil discovered in Borno State. Boko Haram would jusat lay ambush for Shell and co there
Lyk say na we get am! But criously kwara go beta b dat o "omo i don beta b dat"Crude Oil for Kwara State!!!
Energy stocks posted modest gains Thursday, boosted by brief spike in natural-gas prices and crude-oil resumption of a week-long ascent.
Crude palm oil futures decline on sluggish demand
Crude oil futures down on Asian cues
Oil update: IEA says OPEC crude supply fell by 70,000 bpd in July to 31.39 million bpd on declines from Iran, Angola and Libya: RTRS
* Moody's says that Indian Oil Corporation's (IOC Baa3 stable) results for the first quarter ending ...
Lmaoo ak said you should start saying 'im crude oil in complexion'
Is glycerin or melt & pour soap really making soap? You melt it & add stuff & some glycerin is made from crude oil:
Canadian Natural president Steve Laut: Canada on cusp of new oil era | Financial Post
Tinkanena ts unwise to float fuel prices,wht wl happen if crude oil prices hit $140/barrel like it was last yr?
Taiwan's crude-oil imports in June fell 8.6% from a year earlier and decreased 20% from May to 21.6 million barr...
Crude-oil futures fall after the International Energy Agency warns that weak global growth could restrict...
Crude drops after hours. Looking for further dip today
Our crude oil near to traget book profit at 5110-5105
Futures Movers: Oil futures drop as IEA cuts demand forecast: Crude-oil futures fall after the International Ene...
News: Crude-oil futures fell Friday, after the International Energy Agency warned weak global growth could restrict demand for the commodity, while weaker-than-expected China trade data were also in focus.
Energy investors still searching for direction Check out today’s oil comment
Crude oil falls on global growth concerns
Booking half Crude Oil short for delta of 1.05 USD and moving stop to 94.75
They make it seem like they import bandwidth as tho its crude oil That Easyblaze ...
Investors put stocks, commodities on front burner: Investors' renewed risk appetite was evident in crude oil, wi...
Energy Demands Decline on China:           Crude oil futures prices have come under pressure during today on con...
Crude Oil Is Bearish After Chinese Data: Crude oil is trying to erase its weekly gains after the Chinese data we...
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My prayer for those that see everything good in our govt! May their wealth be wasted like that of Nigeria crude oil account!
Every Nigerian eats crude-oil...breaths crude-oil.talks crude-oil.thinks crude-oil.makes love with crude-oil...feeds his pregnant concubine with crude-oil.her breast milk is crude-oil.and their child baths crude-oil... Located in GEJ.
Come and listen to my story about a man named Jed, a poor mountaineer--barely kept his fam-lee fed. Then one day he was shootin at some food and up through the ground come a bubblin crude... oil that is... black gold... Texas tea..
A LIFE OF PURITY Purity means that which is NOT polluted. In the physical pollution causes disease and death. Take for instance, Crude Oil spill into the ONLY source of drinking water to a Niger Delta village. Imagine the consequences the villagers will get themselves into buy continual consumption of such water. And so is our Spiritual lives. It can be polluted and if care is NOT taken can lead to spiritual death. Consider this: most of the things that entertain us today would have shocked our parents and grandparents. And is it that we are more enlightened? No! Look around yourself! Here's a case study: The prodigal son was better off while living under his father's authority. As soon as he ventured into the search for enlightenment and entertainment, he ended up in a pigsty. Yes, he was forgiven and welcomed back home, but NOT after loosing much in the process. Today the world of politics, education and entertainment compete for our time, mind, attention and allegiance. So here's a Scripture to conside ...
What is Hillary Clinton thinking? That Nigeria is not safe for her to sleep over? I hope our crude oil will not be safe for her too.
Crude oil n moni rules d world.jst get any of dem n own al d gals in whole wide world.
The oil companies are sticking it to the motoring public again. I knew crude oil would go up after hearing about the oil refinery fire out West. They use any old excuse to raise prices at the pump. If an arab oil king gets a hangnail, the oil prices go up. Ridiculous!! The local Iowa stations raised their prices 3 time in 3 weeks recently. OH! That's Right! The Iowa State Fair started today. It never fails to happen.
Long day at work, but it's great to have crude oil on my hands again.
Men, subtly learning from women might have spawned the 19th and 20th century Scientific Revolution. I have always believed that science, really flourished, only when women became "part of the equation", after not being allowed to read or write for 6000 years. When I look at the "rewriting of history", "lying","organized religion" and the sociopaths that I know, there seems to be a strong male bias. Women seem to have a wisdom and honesty that men simply do not have. (I am well aware that women lie also, can be dishonest etc.) Perhaps women, just by being peripheral to male scientists, as women got more of a voice, were the real reason science progressed so quickly in the 19th and 20th centuries. There were countless women scientists that were not acknowledged throughout this period but men seemed to finally start "getting it" and not be in such severe denial about our natural world, as they had been for thousands of years. All popular culture and organized religions attempt to keep women as "sexual ** ...
Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America. Enbridge operates, in Canada and the U.S., the world's longest crude oil and liquids transportation system. Enbridge also has a growing involvement in the Natural Gas transmission and midstream...
Back in April, when gas at the pump hit all time highs for that time of the year, and when the world was still hoping the euphoria from the LTRO would last (it didn't), Obama decided to implement his own centrally-planned vision of events in yet another market: crude. Recall: "now that Obama's uber-...
Corn looks ready to breakout of the bullish flag. I like to wait for the bounce off the flag to test new support. Gold looking to attack the 200MA daily again. We hold gold both for wealth and for income in ETFs. The fireworks, however, will be in silver in both metal and mining stocks. Many silver stocks on the attack of major 200MA resistance. Crude oil also attacking last pivot high to the 200MA. 200MA is the great wall of china. It has the magic of stopping a decline or a push upward. Once broken, the 200MA reverses role i.e. from resistance into support. The strongest 200MA is a flat one. Long treasury bonds on a short-term bearish pattern into the, again, 200MA. The bullish candle shadow on the dailys means a fight from the manipulators. If treasuries bounce off the 200MA, it will make it stronger. If, however, 200MA is broken, the position trade is DOWN with a possible waterfall event. From Jesse Livermore, Trade what you see, not what you think!
At his factory in the outskirts of Mumbai, Nitin Bondal is staring proudly at a large machine. The 4m (13ft) orange structure has a futuristic air, as it stands, pride of place, in the corner of a dusty, decades-old workshop, filled with the stench of factory fumes.
The futures market up with GOLD increasing $4 to $1,620 per ounce and Crude Oil up $0.35 to $93.70 per barrel
Unemployment is at 8.3 percent. The economy is sputtering at 1.5 percent growth.
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A few things about your reality you should look at... I would like to bring your attention to something. Please close your eyelids and stare at the sun with your eyelids closed for a few minutes. Actually do this. You'll notice two little dots appear, then soon after, the rest of your retinal dots appear. The two little dots have a line going through them that forks off, this is the signature of your geneticist. The engineers of the ecosystem and organic life on the surface of this planet have been turning your civilizations into petroleum (tar) rather than humus (plant food), routinely, as evidenced by the piles of skeletons (bipedal and quadropedal) resting at the bottom of the crude oil deposits and several layers of these. An aquatic or subteranian city would be nice to have so we can survive the next terrestrial *** Mars was the moon of a much larger planet that exploded producing the asteroid belt around mars, a layer of its crust, and two large rocks that struck us contrary to our rotation in t ...
I know dat when de oil is finised every one we part ways .we are one cos of de crude oil.
Exploring crude oil under Lake Malawi; how different will é lives of pple along é lake be 4rm residents of Niger Delta?... ???
The price of crude oil seems to be firming ,I'm sure we all know what that means for SA possibility of an increase in the price of fuel- brace your selves people This free market system is not working people Its high we so subsidies particularly in the fuel and energy sector
Analysis & trends for WTI Cushing Crude Oil Spot Px (USCRWTIC) including current rate, chart, profile, news and other data.
Investigators are waiting for access to the charred crude oil unit of a Chevron refinery where a fire sent a towering plume of black smoke into San Francisco Bay area skies and pushed gas prices higher along the West Coast. The same team of U.S. Chemical Safety Board investigators that probed the Deepwater Horizon oil spill along the Gulf Coast was waiting Thursday for structural and environmental tests to find out if it was safe to enter the unit in California. Chevron said it did not know when access to the site would occur, but government investigators expected testing to be completed Friday. Hundreds of people went to hospitals with respiratory issues during the fire at the Richmond refinery that produces 16 percent of the region's daily gasoline supply. Inventories of California's specially formulated, clean-burning gas already were low.
When buying your back to school supplies - Think green!
Don't be coward and be stupid for his miserable approach of this an desirable element on earth barstard brilliant pool too, to address press men and the nation at large just like that, and walks freely no any positive legal action against him, so i call our fellow people to knew their stand, we are ready for everythings and if we die we died for glory not for crude oil or gold
Some people think that oil is what happens when old plant and animal material decompose. That's only half the story. Decomposition takes place because of bacteria. These bacteria eat the old material and poop out hydrocarbons, i.e. crude oil. Plastic is made from crude oil. That means that every time you lift that soda or water bottle to your mouth you are putting poop in your mouth. That's nasty.
Infrastructure player Punj Lloyd today said it has bagged a Rs 330 crore order from Ministry of Petroleum and Natural Gas for process facilities & utilities at an upcoming crude oil storage cavern in Mangalore.
The damage caused by a massive fire at the Chevron Corp. refinery in Richmond will take months to repair and will hobble one of the West Coast's biggest sources of fuel, industry experts said Wednesday. [...] while panic buying appears to have prompted a spike in wholesale gasoline prices after Mon...
Season 3: world ranked among d top ten crude oil & Natural Gas exporter n d world by d vienna,Austria-based organiztion of petroleum exporting countries, OPEC
Bay area real estate market update. US interest rates continue to increase this morning. The 10 yr note at 1.70% +2 bp frm yesterday while mortgage prices down 6 bp. Weekly jobless claims this morning were down 6K to 361K, better than what was expected. Fewer firings mean employers are seeing enough demand to retain staff, indicating the economy is sustaining the recovery from the recession. Labor Department data last week showed payrolls rose more than forecast in July. Today’s data should be clear of any influence from the annual auto plant retooling closures that make it difficult to adjust the data for seasonal variations. The stock market at 9:30 opened -13 no the DJIA, +2 on the NASDAQ and -1 on the S&P. The 10 yr note at 9:30 at 1.70% with mortgage prices weaker. US June trade deficit was also better than expected at -$42.9B against -$47.5; weaker imports as the economy struggles with consumers continuing to tighten belts. The biggest drop in crude oil prices in more than three years helped cut ...
Who knows? (1)How many days can Human survives without sleep? (2)How many litres do we have in a barrel? (3) How many minerals can we find in Crude oil?
I have decide my next career.. Shootin at sum food and up comes bubbling crude oil that is texas tea, black gold
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You are free to make a choice! Go to Nembe, the smaller but highest crude oil producing village in Nigeria, you know what? They have no road! Is it the Will of god/God?
Concern Youths shared the following link and had this to say about it: 2013 BUDGET PROPOSAL READY , IS IT WRONG? Projected Revenue – N3.891tr Projected Expenditure – N4.929tr Oil Benchmark - $75 per barrel Crude oil Production - 2.53mnb/d Recurrent Spending – 68.66% Capital Spending – 31.34% Fiscal Deficit – 2.17% (N727.19bn) of GDP In line with the promise by the Minister of Finance and Coordinating Min...
“Chief E. K. Clark also went to the creeks with the then Vice President, now President Goodluck Ebele Jonathan, particularly to Okerenkoko and Camp 5 (which was the headquarters of the militants), thereby laying the foundation for late President Yar Adua’s amnesty programme. “Therefore, amnesty did not come on a platter of gold, but through the genuine determination of the leaders of the Niger Delta, led by Chief E. K. Clark. Today, crude oil production inNigeriahas risen to about 2.7 million barrels per day. “It is therefore imperative, irrespective of the name calling, to restate what was said at the NIALS lecture on the state of Nigerian Federation that ”Gen. Babangida and other Northern leaders must speak out, be proactive as well as demonstrate genuine commitment to address the challenges posed by the Boko Haram.
I think the time is right to teach this illiterate JTF members on the effects of burning a tanker Loaded wit diesel or crude oil to humans and the Environment. OR Is a systematic way to still pollute the Land of Eleme and reduce their Life Span fr 40yrs as Predicted by UNEP to 20yrs. Must they bring any tanker caught wit Crude or bunkering products to Eleme 4 burning?
The responses were evidence of the great commitment which Nigerians have for the peace, harmony and progress of Nigeria. However, while not wanting to join issues with anybody, Chief E. K. Clark would want to touch briefly on unfortunate comments attributed to General Ibrahim Gbadamasi Babangida, GCFR, which are at total variance with the very positive and patriotic feedback received from Nigerians in general towards the lecture. The statements showed nothing but insulting miscomprehension and misconception of Chief E. K. Clark’s innocuous expressed opinions and the challenge thrown down to the leaders of the North on the need to resolve the Boko Haram menace. Ordinarily, Gen. Babangida should have joined many other Nigerians who applauded Chief E. K. Clark for crying out over the wanton loss of lives being experienced daily over the senseless killings of Nigeria’s women and children, christians and moslems alike. Chief E. K. Clark is committed to the unity of Nigerian and peace within its borders. Th ...
Ain't it funny how there's an oil refinery fire, accident, storm damage, or something every year or so and it always happens when crude oil prices are DOWN. Now there's a California refinery incident and crude oil is UP because Iran is breathing hard - all of this contributing to HIGHER gasoline prices. Guess who will have record profits AGAIN - big oil. How stupid do they think we are?
The number of Americans filing new claims for jobless benefits unexpectedly fell last week, government data showed on Thursday, suggesting a modest improvement in the labor market. Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 361,000, the Labor Department said. The prior week's figure was revised up to 367,000 from the previously reported 365,000. Elsewhere in the economy, the U.S. trade deficit in June was the smallest in 1-1/2 years as lower oil prices curbed imports, according to government data that suggested an upward revision to second-quarter growth. Economists polled by Reuters had forecast claims rising to 370,000 last week. The four-week moving average for new claims, a better measure of labor market trends, rose 2,250 to 368,250. A Labor Department official said there was nothing unusual in the state-level data and no state had been estimated. Problems anticipating the timing of temporary plant shutdowns by automakers for annual retooling caused wide swi ...
Abbasi and Company Private Limited -ACPL is a corporate brokerage house with membership of Lahore Stock Exchange (LSE) and is also a licensed brokerage house of Pakistan Mercantile Exchange Ltd - PMEX (formerly NCEL) to provide brokerage of Commodity Trading (Precious Metals and Energy) and Shares T...
2013 BUDGET, BORED AGAIN! Yes, I would rather light a candle than curse the darkness, but not ignorant of the equips to light one should not make me shy from words. The Harvard developmental Economist *** Uniport Zoologist are working! based on projected production of 2.53million barrels of crude oil per day, but, when're we diversifying the economy? Lest you forget, Budget2012's gulped by Security expense of faces poor implementation. Budget deficit's strenght lies in capital expenditure over recurrent's, not otherwise. 2013's capital exp of 31.34% under recurrent's 68.66% aint a fair deal, at least, a par should be sought. Yes, I've got my reserves, and it should be sought amidst my contentment with a paradigm shift in countryhood. B'MAM(Be Mad At Me!)
Indian exports to Europe up by 16%; imports rise by 29% in 2011-12 Aug 09, 2012 Despite global slowdown and recession fears, India’s exports to Europe have increased by nearly 16% to $57.7 billion during the previous financial year (2011-12), albeit the increase in imports is by 29% year-on-year to $91.5 billion, as per the commerce ministry. While, in 2010-11 Indian exports to European countries was at $49.86 billion and imports at $71 billion. India's export growth has slashed by 5.45% in June for the second month in a row to $25 billion. Exports to US and European countries account for about 30% of the country's total exports earnings. With surging inflation and tight monetary policy measures adopted by the RBI, exports have pared some gains, which have caused decreased flow of investment and sluggish growth in several sectors including industries. Further, the increase in crude oil prices ahs also affected the industrial growth. Moreover, the Minister of State for Commerce and Industry Jyotiraditya ...
Its funny how Chicks ask for so much Money from a Guy, Do you think we *** Crude oil ?
Good luck Jonathon embarrassed by his *** Pictorial: Afrocoons Loot & 'Refine' Crude Oil in Nigeria looting and 'cooking' of Nigeria's crude Thieves puncture pipelines with farm tools, siphon oil into boats, and take it to risky makeshift refineries. Last Modified: 03 Aug 2012 15:42 Cooking the crude: The oil is processed in a makeshift refinery made of barrels heated by fire. The fuel then evaporates and passes through pipes cooled by water. The diesel and other fuel refined from stolen crude also gets a ready market locally as most of Nigeria's legal refineries are not operational and fuel shortages are common. There is a thick film of oil floating on the river. The destruction to the environment here is profound. Bayelsa, Nigeria - Goodluck Jonathan, the Nigerian president, has called the stealing of the country's oil an "embarrassment" to his nation. To many people in oil-producing regions, however, the crude that is siphoned from fuel company pipelines is the one thing they depend on. A recent Al ...
Need some Niger Delta big boys to allocate one tanker of Crude Oil to KobeBryant & LebronJames to sit out in vs tonite
If you are an end user of Crude Oil: (BLCO) or (FLCO) Light Crude Oil, kindly present a (LOI) to mpn.global.ventures
5 Year Crude Oil prices and Crude Oil price charts on InvestmentMine.
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Cross River State, Pls leave Crude Oil alone oooh, its not for everybody. Go back to your tourism, palm oil etc business. LoL
It takes 42 gallons of crude oil, but only 1 gallon of used oil, to produce 2.5 quarts of new, high-quality lubricating oil.
Has THREE fantastic opportunities for Product Control Analysts within the Crude Oil, Gas and LNG divisions for a global oil and gas company…
Brent crude market structure eases after Norwegian shut-in averted --
Hedge funds plow most into commods in 2 yrs as Q3 dawns
Walla how retarded -.- Crude oil is absolutely useless unless it's "ripped out" -.- Foolish men
I would suggest that the near-term short cycles had pared between 10% and 12% of the actual market price of crude oil.
Norway intervenes to avert oil industry closure
Malaysian crude palm oil futures slipped as weak exports signalled consumers might have stocked...
In 2007, 54 billion cans were recycled, saving the energy equivalent of 15 million barrels of crude oil
Fap Turbo is Studying Gold, Silver & Crude Oil presumably to do an EA.
S.Africa in talks to get Iran to insure oil cargoes
"Most of the top govt officials are involved in crude oil bunkering!">& dey wonder y u r my guyn!
Crude Oil gains halted as Norway labour strike ends
Crude as Norway prevents industry lockout - Market Watch
Chinese crude oil imports fall from 25MMT to 21.72MMT in June, lowest level since December
Everything but the kitchen sink analysis of falling prices (with some interesting NGL and Opec mentions)
With you can trade multiple commodities such as Gold, Silver, Corn, Sugar and Crude Oil
Groups plan suit over Shell drilling off Alaska – Chicago Tribune: Groups plan suit over Shell d...
August crude oil prices traded lower during the overnight and initial morning hours, pressured by...
August RBOB was the upside leader within the crude oil complex this morning, despite a number of...
Remember that China buys Iranian Oil typically at a discount to the brent price
"20%: Percentage of the world's crude oil used by the U.S.; we produce 2%. q hace nuestro crudo en arabia? diria yanki
Oil setting up for fall back to $78.31: August WTI Crude worked back above $86 on Monday in a bout of short-cove...
The National Union of Petroleum and Natural Gas Workers (NUPENG) has called on the Federal Government to stop the stealing of crude oil allocated to refineries or else it would adopt some methods that government might not like to solve the problem. He said the union fought for democracy and, therefore, would adopt various options, such as dialogue, consultation and even strike if need be to fight for the revers...
Commodity News Wrap Up: 1. Proposed ban on bank sale of gold coins to benefit common man 2. Crude Oil gains...
With No Lockout, Oil Pulls Back Slightly: Crude-oil futures were just modestly lower after the Norwegian governm...
Crude Oil gave us some easy money with the BIG CLUE from the Wedge today, and GOLD is looking to reverse at this overhead resistance...
Gold and crude oil folks.gold and crude oil! It's really the only place to be right now and for some time to come. And whatever you do.dont fall or even listen to the strong USA Dollar hoarse crap! It's al about the debts.
Oil dropped to near $85 a barrel Tuesday after weak Chinese trade figures suggested the economic slowdown in the world's second-largest crude consumer is deepening.
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Share it if you agree Mr. Modi will be next PM
No car runs on Crude oil, my friend go and refine ur gift!!!
Nuhu Sulaiman wrote: The rich would have to eat money if the poor did not provide food.friend,its either they eat money or crude oil. Nigeria must go back to agriculture,else both poor and rich will eat either money or crude oil#
Leadership Newspapers shared the following link: Elias Mbam, the Chairman, Revenue Mobilisation Allocation and Fiscal Commission, has backed the Senate Committee probing a foreign crude oil account allegedly managed by the NNPC and domiciled w
As I have previously noted, Corexit is toxic, is less effective than other dispersants, and is actually worsening the damage caused by the oil spill.Now, two toxicologists are saying that Corexit is much more harmful to human health and marine life than we've been told.Specifically Gulf toxicologist...
Crude oil futures dropped in early Tuesday trading on news a Norwegian oilworkers' strike appeared set to end when the government intervened and ordered a settlement, which eased supply concerns...
I'm sure you've heard; "if it bleeds, it leads". To help prove this point, click "LIKE" if you HAVEN'T heard about this. Remember the human catastrophe that resulted in a giant fountain of cruide oil, methane, and Natural Gas to spew into the Gulf of Mexico in 2010? Apparently the Gulf was saved from ecological collapse by bacteria that have evolved to feed on up-to a million barrels crude oil that naturally sweep into the Gulf every year since time immemorial. When the Macondo blowout happened if was followed by an explosion of bacteria that ate all the compressed carbon in 4 months. Wow. Fortunately for us, the problem was solved by Mother Nature. Skeptical? See:
Boston.com wrote: Becky Short and Chris English participated in the naked bike ride at the Boston Common on Saturday night to protest the use of crude oil. See more photos from the near-naked ride:
Russia flash floods: 144 killed in Krasnodar region Flash floods caused by torrential rain have swept the southern Russian Krasnodar region, killing 144 people, officials say. The floods, the worst there in living memory, struck at night, reportedly without warning. TV pictures showed people scrambling onto their rooftops to escape. President Vladimir Putin has flown over the region by helicopter and has had emergency talks with officials in the worst-hit town of Krymsk. Most of those who died were in and around Krymsk, a town of 57,000 people. But nine deaths were reported in the Black Sea resort of Gelendzhik with a further two in the port town of Novorossiysk. Russian TV showed thousands of houses in the region almost completely submerged and police said many of the victims were elderly people who had been asleep at the time. "Our house was flooded to the ceiling," Krymsk pensioner Lidiya Polinina told the Agence France-Presse news agency. "We broke the window to climb out. I put my five-year-old grand ...
If gas & crude oil futures are both down according to CNBC, why has gas jumped nearly 20¢ a gallon since this past Friday? The Hess station near me was $3.179 on Friday morning and jumped 8¢ a gallon to $3.259 that afternoon. When I went past there this morning, it was $3.359!
The failure of labor unions and companies in Norway to reach an agreement poses threat to supplies and hence supportive of prices.
J. Richard Bird and the company, Bird Construction Inc. have strong ties with the Canadian military and Harper government.
What manner of growth? Trillions spent on fuel subsidy, theft of crude oil at trillion Naira, external debt peaked to trillion Naira, billions of Naira stolen from pension fund. May be there is a new law in *** where satan culd b bribed with Dollar, pounds or Naira. I know these looters and fraudsters wuld ave no place in heaven but *** is sure. Nigerians, thnk.
Crude oil meant for PH refinery are bn diverted, refined illegally,then 'ship' into d country. Subsidy is paid on (illegal)locally refind crude as we speak. PH refinery is at present idle,wt no product to refine. The lesson is that dz administration wl never allow local refineries to function.
I 'm a member of the FAIR FULL UK campaign. The goverment bowed to public presure and dropped the 3p tax rise in August. I've noticed the garages around here are dramatically rising their prices of petrol & diesal. I checked on the Internet & the price of Crude Oil is still falling!!! Have the oil companies or garage owners jumped on the bandwagon now the tax rise has been defered?
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Killings,, Corruption, no safety, no security, no Water, no LIGHT, no roads, no health, no school,Our sports are dead, Crude oil plenty but not in our hands, kids on the street, leaders making gestures of our money, bribe daily cos is in the system, gradually and fervently the country will soon explode. Plan ahead if u are dulling?
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