Recent Posts

Libya starts work at biggest oil port

  Bloomberg Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves. Exports should resume in a month once official orders are received to reopen the port, Galal Mohamed, head of operations at Waha Oil Co. , said in a phone ...

Read More »

Ukraine sees solar power as Chernobyl’s future

  AFP Imagine one of the largest solar farms ever at the site of the world’s worst man-made nuclear disaster that struck Chernobyl in modern-day Ukraine and sowed panic across Europe. That is the grand vision of Ukrainian Environment Minister Ostap Semerak, backed up by big-time investors such as the European Bank for Reconstruction and Development (EBRD). The Chernobyl catastrophe ...

Read More »

China’s imports plunge 12.5pc in July

  Beijing / AFP China’s economy, the world’s second largest, struggled in July with a worse-than-expected trade performance as imports plunged 12.5 percent year-on-year, Customs said. Imports fell to $132.4 billion, data showed, as weaker global commodity prices and lacklustre domestic demand weighed on purchases. The drop in imports was significantly larger than expectations for a 7.0 percent fall, the ...

Read More »
Send this to a friend