Resignation & cynicism

Article Abstract:

Nigeria has an opaque and irresponsible government not interested in the welfare of the people and incapable of providing them the possible and fair benefits afforded by high profits of oil companies. The elections can be chance for the public to express their political preference and attempt to change their country, but most Nigerians are resigned and cynical about the fact that polling would necessarily be manipulated.

Nigeria, Analysis, Political aspects, Elections, Growth, Social structure, Company growth, Political systems

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The nationals are coming

Article Abstract:

The ultimately unsuccessful attempt by the Chinese National Oil Company to buy Unocal of California was remarkable not only because the bidder was Chinese, but also because it was national oil companies not an international giant. National oil companies from a host of developing countries are branching out, signing deals and earning respect for their international ambitions and capabilities.

United States, China, Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Unocal Corp., China National Offshore Oil Corp.

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Bursting with confidence

Article Abstract:

The sudden increase in the oil revenue in 2005 has changed the attitudes in African countries, with a robust stance towards western oil companies becoming common. The Gulf of Guinea alone is likely to provide a quarter of all the US' oil imports in less than a decade and Angola has surpassed Saudi Arabia as China's largest foreign supplier of oil in 2006.

Sales & consumption, Africa, International politics, Economic aspects, International aspects, International relations, Industry sales and revenue

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