Oil Fields
latest news & developments
Kurds set sights firmly on oilfield
Kirkuk has long been coveted by Irbil. Owning it is now a reality, as Iraq crumbles under Isis attack.
S Sudan rebels seize oil-rich Upper Nile capital
The only region that is still producing oil in South Sudan two months after violence erupted has now been seized by rebels.
Africa’s richest man Dangote mulls buying Nigeria oil fields
Multi-billionaire Nigerian Aliko Dangote is considering buying Nigerian oil and gas fields from multinationals looking to sell.
We were wrong about peak oil, but disaster looms anyway
A boom in oil production has made a mockery of our predictions. Good news for capitalists – but a disaster for humanity, writes George Monbiot.
Nigeria’s onshore oil assets take a hit
Nigeria’s old oil assets are in certain cases declining by between 10% to 12% per year and new investment will be needed to push the industry forward.
Sudan mounts air strikes ‘to control oilfields’
Sudan’s army has launched repeated air strikes on the southern army in Unity state in a bid to seize oilfields weeks before the south’s independence.