News / International
The Energy Sector Undermines National Security and Development in Mozambique
Political stability and absence of violence in Mozambique are in their lowest levels in two decades. And while Mozambique's economy remains one of the most dynamic on the continent it is unclear how its main development driver - extractive sector, propelled by a boost in coal exports - will impact income inequality and the prospectives of future development in the country.
Australia’s New Standard Energy Exits US Amid Downturn
Another casualty of the downturn in oil prices: Australia's New Standard Energy Ltd. is exiting the U.S.
US Rejects Appeals on 2010 Oil Spill
Justices let stand a lower court ruling that said the owners of the blown-out Macondo well could not avoid federal fines for the spill by blaming another company's failed equipment.
Argentina’s Plan to Seize Assets of Falklands Oil Drillers Criticised by the UK
Britain on Monday accused Argentina of a politically motivated and illegal attack on the nascent oil industry around the disputed Falkland Islands, after Buenos Aires said it would seek to seize the assets of drillers operating in region.
Ethiopia Introduces Wind Power
The wind blows hard over Adama, a range of rocky hills in Ethiopia's highlands that provide the perfect location for one of the continent's largest wind farms.
Nigeria’s APC States Government Must Scrap Oil-Industry Bill
Nigeria’s ruling party recommended the government discard a long-delayed oil-industry bill, review fuel subsidies and sell off some units of the state petroleum company.
Nigeria’s Oil Company Kept Most of Oil Revenue
Nigeria's state oil company earned 8.1 trillion naira ($41 billion) from 2012 until the end of May, but only paid 4.3 trillion to the federal government, the country's National Economic Council (NEC) said on Monday.
ISIS Deploys Suicide Bombers Against Syrian Petroleum Targets
Islamic State suicide bombers blew up two trucks in the heart of the northeastern Syrian city of Hasaka and a fire erupted at petroleum storage tanks and a textile firm after shelling by the militant
