Oil prices rise in response to Nigerian strike
Nigeria’s largest oil union has threatened to completely cut off production in response to the scrapping of a fuel subsidy.
Business news - 12 January 2012
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Japan to make 'concrete' steps towards ending Iranian oil imports
After a visit by US Treasury Secretary, Timothy Geithner, Japan has vowed to make 'concrete' steps towards ending its reliance upon imported Iranian oil.
Fracking unlikely to cause dangerous earthquakes
Scientists in London argue that fracking is unlikely to cause an earthquake greater than 3.3 on the Richter scale.