NEWS ARCHIVE

Nigerian oil workers on strike

Nigerian oil workers have launched an indefinite strike on the weekend that could shut down crude...

The strike over pay and conditions comes as the threat of war in Iraq and a prolonged strike in Venezuela have pushed oil prices to a two-year high. Half of Nigerian exports go to the United States.

The action was launched by the employees of the Department of Petroleum Resources, a government unit overseeing operations of oil multinationals such ExxonMobil, ChevronTexaco, Royal Dutch/Shell and TotalFinaElf.

The strike is also backed by the country's powerful Natural Gas Senior Staff Association of Nigeria.

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