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Exxon subsidiary detects Nigeria offshore oil spill
by Staff Writers
Lagos (AFP) Nov 10, 2012


US oil giant ExxonMobil's Nigerian subsidiary on Saturday said a pipeline had been shut down after an oil spill off southern Akwa Ibom state.

The source of Friday's offshore leak had been identified and an investigation launched, the company said without giving further details.

Nigeria is Africa's largest oil producer. Its oil-producing Niger Delta region has been badly contaminated by decades of spills.

Spills occur frequently in the region due to a range of factors, including sabotage by oil thieves or militants as well as operational or maintenance faults by the oil companies.

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Iraq: Exxon pulls out, Russia wants in
Baghdad (UPI) Nov 9, 2012
Iraq's strategic effort to become the world's leading oil producer has taken some bad knocks, with the defection of Exxon Mobil and other majors to independence-minded Kurdistan, and Wednesday's expulsion of Turkey's state oil outfit from an exploration deal. But Russia seems more than ready to step in and fill the gap in foreign investment that Baghdad needs to rebuild and expand its o ... read more


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