Nigeria produces 2.5 million barrels of oil daily, yet 70 percent of Nigerians live below the poverty line,
Send Facebook Twitter google+ Whatsapp Tumblr linkedin stumble Digg reddit Newsvine
For Nigeria, oil is gold, a blessing and a curse. The curse is that it feeds the country's corruption. The Italian justice system is now looking into the sale of oil rights along Nigeria's coast. The court case involves Royal Dutch Shell and the Italian energy company Eni.
Libya's two largest oil terminals have been attacked by a Benghazi rebel group. Production is expected to drop by 240,000 barrels per day and exports interrupted.
Composed of over 7,000 oil barrels, the sculpture by the revered artist floats on the Serpentine Lake in London's Hyde Park through September 23. It accompanies a retrospective of Christo and Jeanne-Claude's work.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version