On May 8, the people of Amazor community in Ekeremor Local Government Area of Bayelsa State opened a new front in the endless battle between oil multinationals and their host communities in the Niger ...

Royal Dutch-Shell, the crisis-torn oil giant, yesterday cut its proven reserves for the fourth time this year but then sought to reassure the City that it had drawn a line at last under the fiasco.

Shell took the decision after Iraq applied performance penalties on the Shell-operated venture "which had a significant impact on its commerciality," he said. Battling a sharp fall in oil prices since ...