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11.08.25 - 18:12
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Libya to set up committee for oil contracts audit (TASS)
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According to its text, the committee is tasked with "legal, technical and financial due diligence of all the contracts made in these two sectors over the last five years and checking the extent to which the parties to the agreement abide by Libyan laws"...
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09.08.25 - 16:09
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International Energy Agency Policies Hurt Africans (ZeroHedge)
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International Energy Agency Policies Hurt Africans
Authored by Brenda Shaffer via RealClearWire,
One of the most important developments this century has been a major increase in energy access across the globe: Billions of people have gained access to modern energy, a precondition for rising from poverty.
Sub-Saharan Africa is the only region of the world not benefiting from this transformation. In Africa, energy poverty is growing. For the first time since World War II, access to electricity is also backsliding in Africa.
Over the past year, the International Energy Agency (IEA) has sought to address Africa's rising energy poverty, through organizing conferences and publishing reports. The IEA and global leaders gathered in conferences in Africa. The Norwegian Agency for Development Cooperation was a major funder of the endeavor. Yet, the IEA did not offer any practical solution to address the rising energy poverty in Africa because it is unable to utter the essential words: fossil fuels.
In ...
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