Oil

  • The African Resource Paradox: Nigeria’s Fuel Subsidy Cuts

    It’s been a week since Nigerian President Goodluck Jonathan moved to slash oil subsidies in West Africa’s largest oil producing country. Seven days on, and unprecedented protests have been the result. Nigerians argue that the increased oil prices will make overall living costs higher, particularly for food purchases as an estimated 160 million Nigerians live …

  • Africa

    Gaddafi’s Demise: What Next (For Africa)?

    I just got online after an English discussion session with the Italian kids who’s family I’m living with. First thing I see? An unpalatable, bloody image of someone who looks eerily like Libya’s ousted dictator leader Colonel Muammar Gaddafi. Apparently, he’s been killed. And in his own hometown of Sirte too! Now, with all the unrest …

  • Ghana’s “Luck”: The Oil/Gas Co-Efficient

    It’s been over three years since Ghana first struck (black) gold in June 2007, and while the euphoria around the find has somewhat diminished, most Ghanaians still have high hopes for our “new” resource. Then, as now, I am highly skeptical about our oil find and probably more pessimistic than optimistic about its potential for …