Shell shuts down Nigerian oil field after attack »
Posted by: STONERS 2 months, 2 weeks agoRoyal Dutch Shell said it shut down production from an offshore oil field that produces about 200,000 barrels per day after the most powerful militant group in Nigeria launched an attack on an installation there Thursday.
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STONERS2 months, 2 weeks ago
"The location for today's attack was deliberately chosen to remove any notion that off-shore oil exploration is far from our reach," the group said in a subsequent statement. "The oil companies and their collaborators do not have any place to hide in conducting their nefarious activities."
((And here we go again jacking up the prices.))
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Nowalive2 months, 2 weeks ago
IMHO this is in reaction to the Saudi announcement that they will "look into" the inflated price of oil. Keep those prices up there. Odd coincidence though.... this oil rig produces the exact amount of oil the Saudi's were to increase production by. Things that make you go "Hmmmmmm.........."
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jose7862 months, 2 weeks ago
Its really attack Nigerian. Otherwise we have same problem to us. I am so sad to heard this news. Why the oil prices to high I don't know. But if I like this happen in world the problem to every people who is having a petrol or diesel vehicle.
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walden32 months, 2 weeks ago
No, this attack has to do with sovereignty that native peoples have over their own natural resources. You gotta remember foreign companies are in their land sucking their resources dry and they still live in a state of abject poverty.
It's about them looking through barb wire fences at air conditioning, refrigerators and electric like while they die of malaria and dysentery.
If capitalism did a better job of spreading the wealth you would not see these attacks.
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saintetienne2 months, 2 weeks ago
"The inequity between the haves and have nots of Nigeria is what's driving the militants to target the oil companies."
Please. Without the oil industry, Nigeria wouldn't even have the "haves". It would be just another impoverished, strife-torn, backwater stinkhole ranked amongst the world's poorest economies, like the rest of Africa.
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david_nwpa2 months, 2 weeks ago
With 2 noteworthy exceptions. Both Egypt and South Africa are not total stinkholes. Though Egypt may be impoverished, it is faring better than most of Africa. As for South Africa, it has a higher GDP and standard of living than most of Africa.
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Dicax_Maximus2 months, 2 weeks ago
Couple of modern armed & crewed gunboats (with radar) should be capable of sorting this little issue out.
Not that I completely disagree with the "militant group", as their Govt has done sod all for their population apart from teach them the benefits of corruption........
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dunkirk2 months, 2 weeks ago
WOW I wonder if Bush will think of invading Nigeria now swi9nce they have ample oil reserves also.
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saintetienne2 months, 2 weeks ago
"WOW I wonder if Bush will think of invading Nigeria now swi9nce they have ample oil reserves also."
Quite possible. Since the Democrats and the Enviro-Nazis won't allow our oil companies to drill on our own soil (Gulf of Mexico, off-shore California, Colorado oil shale deposits, ANWR in Alaska), we may have to start dealing with Nigeria, too.
I find it funny how the U.S. gets only a tiny fraction (about 20%) of its oil from the Middle East, yet Libs keep insisting that Bush invaded Iraq because of their oil reserves. I also find it funny that France, Germany and most of the rest of Europe gets almost ALL of their oil from the Middle East, yet won't lift a finger to help stabilize the region, formulate fair trade agreements or bring aid and security to Iraqi citizens plagued by militant terrorist groups.
(SIGH....)
Once again - - U.S to the rescue, U.S. takes the risks, U.S. makes the sacrifices, U.S. gets spat on.
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dcfixer2 months, 2 weeks ago
"Quite possible. Since the Democrats and the Enviro-Nazis won't allow our oil companies to drill on our own soil (Gulf of Mexico, off-shore California, Colorado oil shale deposits, ANWR in Alaska), we may have to start dealing with Nigeria, too."
The oil companies already have over 60 million acres of domestic, offshore leases that they haven't even developed yet. Why do they need more leases? If supply or foreign oil is the problem, like Chevron's CEO says, then why aren't they exploring and developing on those leases? It's not "enviro wakos" in this case. Drilling is allowed on these leases that I'm reffering to. Try 'control of supply'. Stinks of big business, greed and politics as usual.
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SwampFox-82nd2 months, 2 weeks ago
I AM an American, and have served to protect this country from bottom-feeders like Bush. Where the hell do you get off blaming the Democrats for your own greed? Are you yet another "new born" GOP? Want to play with the grownups, best do your homework BEFORE opening that mouth, slug... Better yet, what the hell did you do...enlist? I spit on Bush, the GOP, and any damned cracker who thinks best with their boy toy buried up their ass.
Guess you know what I think of your wisdom??? Bush doesn't rescue people, he kills people. Now, the question is do you?
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Xaos2 months, 2 weeks ago
A little side note, the Department of Energy shut down most of their Coal to Liquid Fuels research in 2003 and scrapped the equipment that was used in this research. Several of these processes became economically viable after oil went above $35 a barrel. Since DOE is run by a Bush appointee, I doubt if the environmentalist and Democrats had much of a hand in this.
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AbuAmirah2 months, 2 weeks ago
You bet your ass it is. For the record though, most of the fighting will be concentrated on the Atlantic coastal countries that have recently found vast oil reserves. Countries like Ghana and Angola will be the next proxy theatre. But this time it won't be us versus the Russians, it'll be us versus China. Furthermore, speaking as someone who has ancestry from and still has vast amounts of relatives in the Mahgreb/Sahel region, I am pi$$ed. I don't want an American pressence there for not reason what so ever and I hope the countries of the region realize that they will lose a little of their independance if AFRICOM comes on line
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jmopinion2 months, 2 weeks ago
FOUR Western oil companies are close to signing oil contracts with the Iraqi Government that will return them to the country 36 years after losing their oil concession when Saddam Hussein rose to power.
Exxon Mobil, BP, Shell and Total, the original partners in the Iraq Petroleum Company before the industry was nationalised by Saddam, as well as Chevron and a number of smaller oil producers, had been in talks with the Iraqi Oil Ministry, The New York Times reported yesterday, citing information from the ministry and oil companies.
http://www.theaustralian.news.com.au/story/0,25...
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Ratskii2 months, 2 weeks ago
FTA-(jimopinion link):But the deals do nothing to allay suspicions within the Arab world and the American public that the US went to war in Iraq to secure its oil wealth.
To be announced on June 30, the contracts will be awarded on a no-bid basis.
An Iraqi Oil Ministry spokesman told the newspaper yesterday that the companies had been chosen because they had been advising the ministry without charge for two years, and because these companies had the required technology.
A total of 46 companies, including firms from China, India and Russia, were providing similar assistance to Iraq but were not awarded contracts.
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SunnyDays2 months, 2 weeks ago
They should focus more in taking care of their people to avoid more losses.
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panzerv2 months, 2 weeks ago
The oil companies are just that...companies. Every other company in America has to eat the $hit sandwich and loose money when the chips are down. Oil shouldn't be any different. Oh...your $hit blew up, take a hit like the auto industry is. Too much power...time to take it back..http...">http://www.youtube.com/watch?v=rJb3Lcvtn4M">bac...
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Justice4All2 months, 2 weeks ago
And they have done just that many times in the past. People remember record oil profits, but quickly forget the bad years.
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AbuAmirah2 months, 2 weeks ago
Probably will. Look how many times has this happened in this country during the summer when most of the world is on vacation. Vacations which most of the time means we're driving somewhere? If its not this then its an explosion or a work action. I don't know why we're surprised
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SwampFox-82nd2 months, 2 weeks ago
Get something clear here, my fellow Americans. The REASON we won't let the oil companies dig in our off-shore grounds -- that's right, you vermin of the GOP -- OUR OFF-SHORE lands' because when they did, they ruined our beaches, our natural resources, scum-bags. NOT OIL. Then you allow some scum-bag to buffalo your greedy asses into thinking that nature's against you slime-balls? For what? Think nature is a mole Democrat? If you had half the brain your mother implanted in your sorry asses, you know better. What happened, momma drop you down the stairs once too often? Daddy spend too long in the war? And, why is that, you sperm-cells? Bush rotated your fathers, brothers, and sisters in HIS LITTLE WAR?
America, you are pathetic..........
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AbuAmirah2 months, 2 weeks ago
Personally, as someone who live off the coast of SoCal (Playa Del Rey) I don't know if I want off shore drilling. One of the big cogs of California economy is tourism. People come here for the weather and the beaches. Who is going to come if there is some sort of oil spill? Are you hayseeds in the mid-west going to compensate us? No. Is the federal government going to clean it up? NO, oh wait a minute, they've done a good job rebuilding New Orleans.
Wake the hell up people. Drilling in ANWAR and off shore California and Florida is nothing more than a political issue desgined to f up Democrats. I heard conservatives on NPR yesterday say that even if we did that, it would take years for that oil to be converted into oil and brought to market. Geez you people need to start thinking for yourselves and stop listening to Faux News for once
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rumple4skin2 months, 2 weeks ago
Boo-hoo ... poor Shell Oil. Well, I don't know about you but I think there is an element not being reported in this story. We have another 'militant' group attacking those who would be their financial saviours. I wonder how many Nigerians are working for Shell in a meaningful way. My civilized western brothers will earnestly suggest that there are no Nigerians trained to do work in the petrol industry. Too specialized ... need engineering degrees and the bulk of the population: dumb, ignorant, and untrainable. Their universities produce only militant warriors, half-trained doctors and engineers. The way I see it ... Shell has an obligation to use as much local labor as possible. I guarantee this is not happening. These 'militants' want a share of the economic bonanza or they will continue to be annoying bystanders while watching their country being raped again.
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Xaos2 months, 2 weeks ago
Wonder how these rebels are getting the finances to acquire the weapons and equipment needed to strike at offshore oil platforms?
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walden32 months, 2 weeks ago
This is a great article written by a great author. It's a little long, but easy reading and will really help to understand the greater context over and above what the Big Media allows us to know.
"Could a bunch of Nigerian militants in speedboats bring about a U.S. recession? Blowing up facilities and taking hostages, they are wreaking havoc on the oil production of America's fifth-largest supplier. Deep in the Niger-delta swamps, the author meets the nightmarish result of four decades of corruption."
http://www.vanityfair.com/politics/features/200...
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