Reconstruction and recovery needs following the catastrophic flooding in eastern Libya last September are estimated at $1.8 billion, according to this new report by the World Bank, the United Nations, and the European Union. The disaster impacted approximately 1.5 million people – 22 per cent of Libya’s population – living …
Some 800,000 people will require food aid in Niger in the coming months despite a good harvest last year due to problems supplying cereals to markets, which have pushed up prices, and an influx of Malian refugees, the United Nations said. The U.N. office for humanitarian coordination (OCHA) said they …
North Korea has resumed construction work on an experimental light water reactor (ELWR) in a move that could extend its capacity to produce more material for nuclear weapons, website 38North reported on Thursday. Based on April 30 satellite images, work halted in December at the reactor had now re-started, said …
Huge reserves of underground water in some of the driest parts of Africa could provide a buffer against the effects of climate change for years to come, scientists said on Friday. Researchers from the British Geological Survey and University College London have for the first time mapped the aquifers, or …
Huge reserves of underground water in some of the driest parts of Africa could provide a buffer against the effects of climate change for years to come, scientists said on Friday. Researchers from the British Geological Survey and University College London have for the first time mapped the aquifers, or …
Last night, as Earth Hour beganits monumental journey around the globe, hundreds of millions of people united to demonstrate that we urgently need to take action to protect our planet. The largest voluntary action for the environment is reaching further than ever before. Earth Hour was celebrated in a record …
Seasoned oil market observers have struggled to find an adequate explanation for the surge in Brent prices over the past fortnight, which has taken front-month futures to the highest level since July 2011. But the conundrum becomes easier to unravel if the focus is switched from the overall crude supply …
Libya’s new transitional government was only sworn in four days before the start of the UN climate summit in Durban on Monday. But that has not stopped it sending a six-person delegation, whose members are telling anyone who will listen about Libya’s plan to rescue the world from the perils …
The European Union’s executive arm announced plans on Wednesday aimed at stopping its countries from striking bilateral deals that cede too much power to oil and gas exporters like Russia. Günther Oettinger, the European energy commissioner, says Europe needs to speak “with one voice” in energy matters. Europe needs to …
Libyan women unload empty water bottles for filling at a distribution centre outside a Tripoli mosque on Monday Tripoli residents were hunting for water supplies from tankers and neighbours’ wells on Monday as the shortage triggered by the civil war’s arrival in the capital bit deeper. Amid other signs of …
Before the rebellion broke out in February, Libya exported 1.3 million barrels of oil a day. While that is less than 2 percent of world supplies, only a few other countries can supply equivalent grades of the sweet crude oil that many refineries around the world depend on. The resumption …
Many traders and hedge funds are nursing losses after a whiplash reversal in one of the biggest commodity trading trends of the year – a bet on a widening spread between different types of crude oil. Traders say the unexpected release of the Western countries’ petroleum strategic stocks last week …
Europe's fisheries chief called on Wednesday for close monitoring of the trade in bluefin tuna caught in Libyan waters, fearing illegal catches could push the endangered fish closer to extinction amid the chaos of war. Atlantic bluefin fetch more than $100,000 each in markets such as Japan, but stocks have …
Ideas and ideologies, images and reports of events, both minor and cataclysmic, fly on the Internet, swirling through cyberspace, gathering resonance, metamorphosing and touching millions of lives in different ways. Many of the ideas—and visuals—could be banal (as they very often are), some dangerous, others bringing promise of change. Some …
Zimbabwe is on the brink of having 100,000 infections of cholera, a preventable disease that has already killed 4,283 people there and remains a serious threat, the Zimbabwean Red Cross and its partners said on Tuesday. The damaged water and sewage systems that triggered the recent outbreak in the southern …
It's a geological bonanza for clean energy investors, yet no one's talking about it. With its population spread out over more than 17,000 islands, many Indonesians live in cities, yet some are in areas so remote that electricity access is almost zero. Indonesia is also the only OPEC member in …
Pakistan and China are set to sign memorandum of understanding (MoU) to enter into joint venture for oil and gas exploration. The MoU will be signed by Advisor to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain, who left here for China on Friday. Sources revealed to the …
South African farmers have been offered 10 million hectares of farm land to grow maize, soya beans as well as poultry and dairy farming in the Republic of Congo, South Africa's main farmers union said on Wednesday. The deal, which covers an area more than twice the size of Switzerland, …
Opec president Chakib Khelil warned on Sunday that oil prices will continue to rise because of the falling dollar, in an interview in the Algeria-News. "The price of oil will rise again in the coming weeks. We have to follow the evolution of the dollar, because a 1% fall in …
In a major breakthrough for the state-run Oil India Limited (OIL) in securing oil and gas assets abroad, the company and its partners have entered into an agreement with National Oil Corporation of Libya for four exploration blocks in that country that are estimated to hold two trillion cubic metres …
Libya on Tuesday shipped 30 tonnes of humanitarian relief to drought-stricken Niger, one of several African states struggling to cope with a surge in global food prices, Libyan state media said on Tuesday. Libya also sent a team of doctors and pharmacists to distribute the aid, which includes medicine, clothes …
