Recent Posts

Shell, Eni misled Nigeria on oil spills: Amnesty

Bloomberg Royal Dutch Shell Plc and Eni SpA may have misled regulators in Nigeria by wrongly attributing oil spills to theft and sabotage in order to avoid paying compensation to affected communities, rights group Amnesty International said. “Amnesty International researchers have identified that at least 89 spills may have been wrongly labeled as theft or sabotage when in fact they ...

Read More »

Iran doubles production at world’s largest gas field

Reuters Iran has nearly doubled gas production at South Pars, the world’s largest gas field, in the past year, Iranian President Hassan Rouhani said on Sunday, according to state media. Gas production at South Pars increased from 285 million cubic meters to 555 million cubic meters in the past Iranian calendar year, which started in late March 2017, Rouhani said, ...

Read More »

China economy’s strong start faces risks at home, abroad

Bloomberg China’s crackdown on financial risks and trade tensions with the US threaten to undermine a stronger-than-expected start to the year for the world’s second-largest economy. Factory output and investment in fixed assets exceeded economists’ expectations in the first two months of this year, climbing 7.2 percent and 7.9 percent respectively from a year earlier as Chinese exports surged. Retail ...

Read More »
Send this to a friend