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UN chief: $4 million dispersed for energy-strapped Gaza

August 30, 2017 Middle East Monitor 0

UN Secretary-General Antonio Guterres on Wednesday announced that $4 million would be dispersed to help UN agencies in the Gaza Strip deal with the enclave’s chronic electricity crisis. Speaking at a school in Gaza City on the final day of his first Israel-Palestine tour, Guterres described the situation in Gaza as “one of the most dramatic humanitarian crises that I’ve seen”. He also urged Israel and Egypt to lift their 10-year-long blockade of Gaza, which effectively bars access to the coastal enclave by air, land and sea. Since March, the people of Gaza have been forced to get by on about four hours of electricity a day after the West Bank-based Palestinian Authority reduced electricity payments to Israel — which […]

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Lukoil To Sell Oil Its Trading Arm Due To Russia Sanctions

August 30, 2017 Tsvetana Paraskova 0

Russia’s second-biggest oil producer Lukoil is studying the possible sale of its oil trading arm, Switzerland-based Litasco, fearing that the new U.S. sanctions on Russia will make it more difficult for the oil trader to raise new financing, Reuters reported on Wednesday, citing industry sources. Litasco’s sale could take place sometime at the end of this year, a senior industry source told Reuters, adding that this could be the first move to Lukoil selling more assets abroad to focus on upstream in Russia. “One of the reasons…

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Lukoil To Sell Oil Its Trading Arm Due To Russia Sanctions

August 30, 2017 Tsvetana Paraskova 0

Russia’s second-biggest oil producer Lukoil is studying the possible sale of its oil trading arm, Switzerland-based Litasco, fearing that the new U.S. sanctions on Russia will make it more difficult for the oil trader to raise new financing, Reuters reported on Wednesday, citing industry sources. Litasco’s sale could take place sometime at the end of this year, a senior industry source told Reuters, adding that this could be the first move to Lukoil selling more assets abroad to focus on upstream in Russia. “One of the reasons…

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Will This Bring Big Oil Back To The Bakken?

August 30, 2017 Irina Slav 0

If shale plays were people, everyone would be jealous of the Permian for getting all the attention. It is the leader in overall national oil output growth, and just last year the USGS announced a new estimate for part of it, the Wolfcamp Basin, which is now thought to contain as much as 20 billion barrels of recoverable oil. It’s perhaps this new assessment that has prompted North Dakota government officials to request a new estimate for the Bakken-Three Forks formation. The last one, from 2013, estimated the recoverable reserves of crude…

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Power Companies Snubbed By Trump’s Tax Proposal

August 30, 2017 OilPrice.com 0

We have often thought that tax policy should be written by the U.S., Department of Agriculture. Who better to deal with all the sacred cows and gored oxen? As the Trump administration turns to address tax policy, eager for legislative victory, one aspect will unite Washington lobbyists. Those representing industries that presently receive a tax exception, will of course seek to retain it. Those industries lacking beneficial tax exemptions will exert considerable influence to obtain them. A cynical mind might suggest that our tax code’s complexity…

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Sanders, Warren Tied For 2020 Democratic Presidential Nomination; Zuckerberg A Long-Shot

August 30, 2017 Tyler Durden 0

Despite Silicon Valley’s hopes, Mark Zuckerberg remains an outside long-shot bet to get the Democratic Presidential nomination for the 2020 election. The front-runners are Bernie Sanders and Elizabeth Warren, with Joe “soul of the nation” Biden in 4th …

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Is Cactus Gas The Future Of Biofuel?

August 30, 2017 Haley Zaremba 0

The prickly pear cactus (locally known as nopal) is ubiquitous in Mexico. Farmed in massive quantities across the nation, it’s a local food staple, an ancient sacred symbol, and the centerpiece of the nation’s flag. Now, it could be the key to the nation’s energy future. In the past, the spiny outer layer of the cactus has always been a waste product, but no longer–a group of scientists in Mexican green energy start up Suema discovered a way to turn it into a completely sustainable biogas. The pilot project dedicated to developing…

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Sudan’s al-Bashir pardons jailed human rights advocate

August 30, 2017 Middle East Monitor 0

Sudanese President Omar al-Bashir has issued a presidential decree pardoning Dr Mudawi Ibrahim, a prominent rights activist arrested last year for alleged spying. Last December, Ibrahim was detained — and held without trial — after being accused of conducting “espionage” against the Sudanese government at the behest of foreign entities. A court accused the activist of “fabricating” information that was later used in an Amnesty International report about Khartoum’s alleged use of chemical weapons in the restive Darfur region. Along with a handful of his colleagues, Ibrahim had also faced accusations of attempting to undermine the Sudanese state, making unauthorized contact with foreign embassies, and treason — all offenses that can potentially carry the death penalty. Ibrahim’s lawyers hailed the […]

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Test 8.30

August 30, 2017 New Videos 0

The post Test 8.30 appeared first on Central bank.
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