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US oil output to surpass imports this year – EIA

US oil output to surpass imports this year – EIA

The US will become a net oil exporter late this year as domestic crude production surpasses imports for the first time in 18 years, the Energy Information Administration said Wednesday.

Helped by a surge in shale-based output in North Dakota and Texas, monthly crude production has pushed past seven million barrels a day and could reach eight million barrels a day by the beginning of 2014.

2015: Jonathan/Sambo ticket rattles opposition

2015: Jonathan/Sambo ticket rattles opposition

WE are in the season of political anomie in Nigeria and the vultures are already searching for carrion. The alarm bells are ringing where normality is undisturbed and the names and reputations of innocent people are the subject of sadistic imaginations of the character assassins.

Power cut forces House to adjourn

Power cut forces House to adjourn

The House of Representatives was Wednesday, forced to adjourn its plenary session due to intermittent power cuts which affected the public address system of the House.

Bangladesh president dies in Singapore

Bangladesh president dies in Singapore

Bangladesh President Zillur Rahman, a veteran ruling party politician named to the largely ceremonial post in 2009, died Wednesday in a Singapore hospital, officials said. He was 84.