#oil-industry

#oil-industry

The Niger Delta, which produces the crude that earned Nigeria 80 percent of its foreign revenues, teemed with gun-carrying soldiers from the military dictatorship of the feared General Sani Abacha.

Ukura Midar, forced from his family's house for an airport, laments the loss of his land and the severance from family graves, stating, "Here, I feel bad. There I felt very fine. I had my land."

BP's ongoing underperformance and strategic missteps render it an attractive takeover target, particularly given Shell's historic interest and potential cost-efficiencies.

Strathcona Resources Ltd. is making a takeover offer for MEG Energy Corp. valued at $5.9 billion, despite a previous rejection by MEG's board.

The Trans Mountain Pipeline has downgraded its flow forecasts, highlighting industry tension over rising toll costs and the impact on oil exports from Western Canada.

The two largest U.S. oil companies reported their lowest first-quarter profits in years as they brace for the economic fallout from President Trump's trade war.