For the second time in less than a year, oil services provider Hercules Offshore is heading for Chapter 11 bankruptcy protection by entering a restructuring support agreement (RSA). The Wall Street Journal writes that ”In 25
ABUJA (Reuters) – The Nigerian government will talk to leaders in the Delta region to address their grievances while cracking down on militants who have staged a wave of attacks oil pipelines there, President Muhammadu 25
Casey Anthony killed her daughter and had sex with her defense lawyer in exchange for legal services, according to court documents filed in Florida. Anthony, who represented by attorney Jose Baez, was acquitted in 2011 of her daughter’s 25
This article was written by Paul Wallace. It appeared first on the Bloomberg Terminal. Nigeria’s central bank may soon give bond and stock investors what they have been pleading for: a weaker naira. Governor Godwin 25
Drastic times call for drastic measures. Zimbabwe’s economy is plunging toward total ruin and the government is looking for ways to stanch the bleeding it has inflicted on itself. In May, the government announced that it would 25
Newsweek/The Niger Delta is once again under siege. Seven years on from the end of a sustained period of militancy—which saw oil workers kidnapped and production cut to less than a third of maximum capacity—a 25
Oil watchers have been waiting for a production cut for almost two years. But while OPEC hasn’t yet participated in a coordinated effort, the cartel of oil-producing countries technically has slashed its output. Or, more 25
United Airlines will stop flying to Nigeria next month, ending the carrier’s only route to Africa because of weakness in the energy sector and difficulty in collecting money from tickets sold in that country. The 25
Nigeria owes airlines more than half a billion dollars in outstanding air fares as the oil-price slump depletes reserves of the U.S. currency and prompts the government to limit the amount of money that can 25
Second Lt. Alix Schoelcher Idrache never thought that he would one day be standing tall in a commissioned officer’s uniform. “I am from Haiti and never did I imagine that such honor would be one day 25
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