Saturday, August 06, 2005

Nigerian Oil and Chevron

As I have reported earlier Nigeria has recently signed a deal with Russia to export its oil and a deal is in the works with China, two countries that are soon to conduct military maneuvers together. Today news comes from Nigeria that South Korea and the U.S.’s company Chevron may clash over a deal in Nigerian Oil. The U.S. media has no mention of this story or its impact on Chevron’s stock. It doesn’t seem to difficult to keep a story out of the press when the editors of most of the news outlets in this country are conservative.

- Chris Mansel

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