oil

Fuel distributors in Nigeria have turned off the tap, leaving residents of Africa’s main oil producer without gas and electricity. Critics say they are holding Nigeria hostage.

Is Nigeria’s wealthiest woman self-made, or part of a corrupt system?

President Obama vetoed a bill that would approve construction of the Keystone XL pipeline, but that still doesn’t mean the project is officially dead. But with collapsed oil prices and a world moving away from fossil fuels, would Keystone’s builders eventually regret it if they do win approval?

ISIS fighters surrounded Iraq’s largest refinery in June, but Iraqi troops have kept control of this key oil facility for three months — even securing a visit by the country’s new oil minister. Taking over the refinery would be a huge boost for the militant group as the US bombs its oil facilities in Syria.

ISIS is funding its war by selling oil from the fields it controls in Iraq and Syria, to the tune of millions of dollars. Strangely enough, the enemies it is fighting are some of the main customers. That complicates the US goal of crippling the ISIS war machine.