From the print edition: Special report Tweet Submit to reddit View all comments (54) Want more? Subscribe to The Economist and get the week's most relevant news and analysis. Billions have already been put into roads and schools over the past decade; the tech revolution has only just reached the more remote corners of the continent; plenty of new oilfields and gold mines have been tapped but are not yet producing revenues
Husseini said that at that point Aramco would not be able to stop the rise of global oil prices because the Saudi energy industry had overstated its recoverable reserves to spur foreign investment. However, Sadad al-Husseini, a geologist and former head of exploration at the Saudi oil monopoly Aramco, met the US consul general in Riyadh in November 2007 and told the US diplomat that Aramco's 12.5m barrel-a-day capacity needed to keep a lid on prices could not be reached
105,000 gallons of oil may have spilled in Santa Barbara County - LA Times
Coast Guard said a pair of oil slicks are stretching across a combined nine miles.The California Department of Fish and Wildlife said it had crews combing the beaches in search of oiled wildlife but that the agency did not yet have a count of how many have been affected.At least two brown pelicans were oiled by the spill, said Jim Milbury, a spokesman for NOAA Fisheries. Caption Spill spreads to 9 miles of beaches An oil spill from a ruptured onshore pipeline that fouled beaches and threatened wildlife along a scenic stretch of the California coast spread across 9 miles of ocean
BBC News - Frankincense: Could it be a cure for cancer?
FRANKINCENSE FACTS Boswellia sacra grows in Oman, Yemen and Somalia Other Boswellia species grow in Africa and India The tree may have been named after John Boswell, the uncle of Samuel Johnson's biographer In ancient Egypt frankincense was thought to be sweat of the gods Source: The Pharmaceutical Journal Dr Suhail (who is originally from Iraq) has teamed up with medical scientists from the University of Oklahoma for the task. In the first century BCE, Augustus Caesar sent 10,000 troops to invade what the Romans called Arabia Felix to find the source of frankincense and to control its production
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Dowden writes in his book, "China is playing a long game for oil and other raw materials in Africa and securing allies who will vote for it in the United Nations." Meanwhile, St. Through significant investment in a continent known for political and security risks, China has helped many African countries develop their nascent oil sectors in exchange for advantageous trade deals
The Middle East Friendship Chart
Senators Introduce Legislation to Protect Your Car From Being Hacked Download This Windows Patch Right Now Drones Keep Getting in the Way of Firefighting in California. continues to attack al-Qaida and its affiliated groups in Libya, Somalia, Pakistan, and Yemen, though these efforts have shifted more toward affiliates like al-Qaida in the Arabian Peninsula rather than the central Pakistan-based group once led by Osama Bin Laden
BP was concerned that if Washington allowed TotalFinaElf's existing contact with Saddam Hussein to stand after the invasion it would make the French conglomerate the world's leading oil company. Five months before the March 2003 invasion, Baroness Symons, then the Trade Minister, told BP that the Government believed British energy firms should be given a share of Iraq's enormous oil and gas reserves as a reward for Tony Blair's military commitment to US plans for regime change
Security Council voted unanimously Monday to endorse a landmark nuclear pact that would lift international sanctions against Iran in exchange for Tehran's commitment ... FP Staff 377 Shares By FP Staff July 17, 2015 The Cable Are the Shootings in Chattanooga Terrorism? The FBI says it is investigating whether the brutal killings of four Marines at the hands of Muhammad Youssef Abdulazeez in Tennessee Thursday constitute an ..
They also combined their findings with historical exploration and production analyses to determine the undiscovered, technically recoverable oil estimates. New geologic models applied to the Bakken Formation, advances in drilling and production technologies, and recent oil discoveries have resulted in these substantially larger technically recoverable oil volumes
CAMERA: Committee for Accuracy in Middle East Reporting in America
John Dorhauer, the newly-elected president and general minister of the United Christ, had a chance to express his misgivings about a BDS resolution passed by his church's General Synod. ...MoreCAMERA Prompts Corrections on Aid to NepalMay 4, 2015Several media outlets, citing CNN, incorrectly reported that Israel's aid delegation to Nepal was the largest of any country's
Much of the country's rapidly growing production of light crude oil, including lease condensates (i.e., ultra-light oil), comes from either areas where refiners are not interested in or able to process it, given that many U.S. Tellis The authors argue that the United States has responded inadequately to the rise of Chinese power and recommend placing less strategic emphasis on the goal of integrating China into the international system and more on balancing China's rise
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