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Indian marine engineer held captive in Nigeria returns, thanks Centre

Santosh Bhardwaj, the marine engineer who was rescued after being held in captivity in Niger delta in Nigeria for over a month, on Thursday expressed gratitude towards the Centre for its efforts to......

Nigeria: Captors free 2 kidnapped Indians

Two Indians, who were taken hostage at gunpoint in Nigeria's oil-producing Niger Delta, were released after 10 days in captivity, the head of the military in the region said. The two men, abducted......

4 killed in attack on Indian-owned ship in Nigeria

Four persons, including two soldiers, were killed when a ship belonging to an Indian company was attacked by pirates in Nigeria's oil-rich southern delta. The four persons killed, included two......

Indian sailors held by pirates in Nigeria freed

Five Indian sailors kidnapped off Nigeria's oil-rich southern delta and held captive for more than a month have been released by the pirates, a spokesman said on Saturday. The released men were......

Hijack drama off Nigerian coast; all Indian sailors safe

All 23 Indian sailors aboard an oil tanker were safe on Wednesday after the Nigerian navy rescued their vessel that was hijacked briefly by pirates off the coast of southern Nigeria. In the third......

Essar eyes Shell's stake in 4 Nigerian oil fields

Ruia's-owned Essar Group is among four consortia in race to buy Royal Dutch Shell Plc's stake in four Nigerian oil fields."At least one Indian group has expressed interest to buy the stakes,"......

OPEC oil production up by 1 lakh barrel/day

Oil production by the 12 member countries of Oil Producing and Exporting Countries, including Iraq which does not participate in the consortium's output pacts, has increased by 1,00,000 barrel per......

Global oil prices zoom to record highs

Global crude oil prices shot up to $54.28 per barrel for the first time in history on Tuesday.Following the nationwide strike that began in Nigeria to protest against high fuel prices on Monday,......

Gold: The most happening commodity in 2008

After closing out 2007 with an impressive 31.5% gain, spot gold started the new year with a new record high of $861.80 an ounce, surpassing the previous high of $850 recorded on January 21, 1980.......

US has tools to cool oil market

Oil prices are not just about oil. They are perhaps the most sensitive barometer of global macroeconomics and politics. So if you're wondering why prices on the New York Mercantile Exchange are......

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Niger Delta

News for Niger Delta

Indian marine engineer held captive in Nigeria returns, thanks Centre

Nigeria: Captors free 2 kidnapped Indians

4 killed in attack on Indian-owned ship in Nigeria

Indian sailors held by pirates in Nigeria freed

Hijack drama off Nigerian coast; all Indian sailors safe

Essar eyes Shell's stake in 4 Nigerian oil fields

OPEC oil production up by 1 lakh barrel/day

Global oil prices zoom to record highs

Gold: The most happening commodity in 2008

US has tools to cool oil market

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