Free Republic

BEIJING - Chinese state-controlled oil company CNOOC Ltd. said Monday it is paying $2.3 billion for a 45 percent stake in a Nigerian oil field in its first major investment since its failed bid to take over Unocal Corp. last year. The deal adds to a multibillion-dollar string of foreign acquisitions by Chinese oil companies, which are aggressively pursuing energy supplies to fuel China's booming economy. The agreement, which requires approval from the Nigerian and Chinese governments, covers a deep-water area of the oil-rich Niger Delta region, CNOOC said. It said the area includes the Akpo oil field discovered in...

Sunday’s national meeting for the radical Hizb ut-Tahrir included incitement to destroy Israel and a re-establishment of the Caliphate Islamic empire Controversial Islamic organisation Hizb ut-Tahrir celebrated its annual congress in Copenhagen on Sunday with words of anger against Jews and the West, reported daily free newspaper Nyhedsavisen. Nearly 600 Muslims attended the meeting at KB Hallen in the city’s enclave of Frederiksberg, where religious leaders spoke of the rise of an new Islamic Caliphate and the fall of Western powers. ‘The Caliphate can arrive in an hour, two months or two years from now,’ said Fadi Abdullatif, Hizb ut-Tahrir’s...