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Deal or No Deal: Shell Will Not Abandon The Niger Delta

Deal or no deal, the Royal Dutch Shell says that the loss of 17 workers due to occupational hazards and violent conflicts and over 500,000 barrels of oil per day will not make the company abandon the Niger Delta region. Because, Shell is making huge profits as the largest oil producer in Nigeria with a daily output of over 2.6 million barrels.

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Hong Kong Futures Exchange Announces Revised Margins

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Thursday, 1 March 2007, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be outlined.

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