oil

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UN Libya mission ‘concerned’ over threats to block oil exports | News

The United Nations mission in Libya has express deep concern over efforts to disrupt oil production in the war-torn country and urged all sides to exercise restraint. “This move would have devastating consequences first and foremost for the Libyan people who depend on the free flow of oil for their well-being,” the mission said in […]

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The KRG’s anti-corruption effort must start from its oil sector | Iraq

Iraq is one of the most corrupt countries in the world and oil has a lot to do with it. With nearly $100bn in annual revenues coming from oil, which constitutes 90 percent of its budget, the country is a great example of what political economists call “the resource curse”. Over the past two decades, […]

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The world’s demand for palm oil is igniting a climate bomb

By Rebecca Wright, Ivan Watson, Tom Booth and Masrur Jamaluddin, CNN Kalimantan, Indonesia (CNN) — Deep within the jungles of Indonesian Borneo, illegal fires rage, creating apocalyptic red skies and smoke that has spread as far as Malaysia and Singapore. People are choking. Animals are dying. This is no ordinary fire. It was lit for […]

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