News

‘OCCUPY NIGERIA’: Huge Strike Brewing As President Moves To End Fuel Subsidies

[credit provider=”AP”] LAGOS, Nigeria (AP) — Nigerian lawmakers on Sunday turned against the president’s decision to end government fuel subsidies that kept gasoline prices low, just ahead of a planned labour strike that could paralyze Africa’s most populous nation.Meeting in an emergency session, Nigeria’s House of Representatives shouted down supporters […]
‘OCCUPY NIGERIA’: Huge Strike Brewing As President Moves To End Fuel Subsidies
Markets

Brazil Fuel Imports Increase Despite Massive Offshore Discovery Four Years Ago

[credit provider=”Petrobras News Agency” url=”http://www.agenciapetrobrasdenoticias.com.br/en_conteudo_exclusivo.asp?id_noticia=&tipo=F&pagina=2″] Brazil had expected to become a regional exporter of fuel when it discovered massive offshore crude reserves four years ago. The economic boom in the Latin American giant however has put a hole in those plans, making it rely heavily on imports, according to Reuters.In […]
Brazil Fuel Imports Increase Despite Massive Offshore Discovery Four Years Ago