The Interior Ministry said four bombers were killed when security forces blew up four rigged cars at dawn before they reached their targets. A guard was also killed, a worker with Canadian oil company Nexen Inc. There was no damage to the state-owned facilities, the ministry added, and Nexen said its terminal was receiving and exporting oil as normal. Yemen, a minor oil producer, is the ancestral home of Al Qaeda leader Osama bin Laden’s family and has been battling militants for years. The attackers planned to hit oil facilities in two provinces in eastern Yemen, officials said. Militants from Al Qaeda and other groups regard Western-allied governments such as Yemen’s as traitors and therefore legitimate targets. The ministry statement said that in the first attack, one of the bombers was disguised as a military officer while the second attacker wore the uniform of workers at the terminal. It said a small fire broke out at one of the storage tanks in Hadramout, and it was quickly brought under control. In the Marib attack, two cars tried to storm the refinery and gas production unit, the ministry said. The Marib refinery has a production capacity of 10, barrels per day.
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Follow our live coverage for the latest news on the coronavirus pandemic. PNG-focussed gas and oil producer Oil Search has seen its first-half profit crushed by falling oil prices, tumbling almost 90 per cent. This was despite a 4 per cent lift in production to
Queensway’s collaborations with the governments of Africa’s resource-rich states have in Kenya, Madagascar, Sierra Leone, and Uganda, as well as important curse actually pre-date the discovery of oil or minerals. Israeli tycoon Arcady Gaydamak earned the loyalty of Angola’s senior leaders in the early s when.
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Since Holding’s death in , the multimillion-dollar operation has been run by Holding’s widow Carol and their three children. Farmers John and Clova Angus founded their family cattle-rearing company in raising, appropriately enough, the Angus breed of cattle. Today, the Angus Pastoral Company is run by their children and grandchildren, who own , hectares of grazing land in Queensland, Australia according to The Weekly Times.
Billionaire investor Philip Anschutz owns a total of , hectares of land in several western US states, according to the Land Report. Anschutz started accumulating enormous tracts of oil-rich land during the early s, but has since turned his efforts to the renewable sector. He is currently developing what will be the largest, and most expensive, wind farm in North America.
Source of Wealth: Telecoms, Oil, Self Made South African media tycoon Koos Bekker stepped down as CEO of media Location: Kenya.
It shows how rising and extreme inequality across Africa is undermining efforts to fight poverty. A Tale of Two Continents reveals that while the richest Africans fortunes are increasing, extreme poverty is rising in the continent. The report also looks at how unsustainable levels of debt and a rigged international tax system are depriving African governments of billions of dollars in lost revenue each year – money that could otherwise be invested in education, healthcare and social protection.
The continent is rapidly becoming the epicentre of global extreme poverty. They can achieve this by investing in inequality-busting, universal and quality public services like health and education and by developing truly progressive tax systems. These are particularly powerful for women and girls living in poverty. They can also back a transformation towards decent and dignified work that protects the rights of workers, especially in the age of the African Free Trade Area and the new digital era.
The report features a first-ever ranking of African nations on their commitment to tackling inequality. The Commitment to Reducing Inequality Index, developed by Oxfam and Development Finance International, ranks countries on their policies on social spending, tax, and labor rights – three areas the organizations say are critical to reducing inequality.
South Africa and Namibia take first and second place respectively, with their strong social spending and a progressive tax system. Nigeria meanwhile has an unenviable distinction of being at the bottom of the Africa ranking, as well as the global ranking for two years running. African women and girls are also most likely to be poor. They also stand to lose the most when public services like healthcare and education are underfunded. In Kenya, a boy from a rich family has a one-in-three chance of continuing his studies beyond secondary school.
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The number of billionaires in Africa — and the size of their fortunes — continues to drop. That in turn was down from 28 African billionaires in South Africa retains its dominance on the Africa List. Alakija is the vice chair of Nigerian oil exploration company, Famfa Oil. The 21 billionaires hail from seven countries: South Africa, Egypt, Nigeria, Morocco which has three billionaires , Algeria one billionaire , Angola one billionaire and Tanzania one billionaire.
The company produces more than 30 million metric tons annually, and plans to double capacity by
Daniel Hale Williams (), an African-American surgeon, Jul 9, John Paul Getty II, US-British oil magnate, billionaire (Getty Oil), was born. Jul 9, In Kenya armed police shut down the Univ. of Nairobi and clubbed and Germany seeking chemicals used to produce an illicit date-rape drug.
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Kenya Moore Talks Married African Oil Tycoon Following Romance Rumors
The albino humpback whale nicknamed Migaloo cruises along the eastern coast of Australia near Coffs Harbour with another whale in On Thursday, June 19, he was spotted swimming along the coast near Sydney on his annual migration. A rare pound marlin was caught and released off the coast of Costa Rica during a fishing trip run by Maverick Yachts and Maverick Sportfishing Tours on March
for African Oil: Asian National Oil Companies in Nigeria and Angola. Alex Vines, Lillian date, the threat remains because the Asian companies have not kept to their side of including South Africa, Egypt, Kenya and Senegal. It has magnate Lev Leviev, sold a US$ million stake in its New. York City.
Kenya Moore is speaking up about the married African oil tycoon named Tonye Cole after being romantically linked to him. Moore, the year-old former beauty queen turned “Real Housewives of Atlanta” television show personality, has been speaking abobut dating an African man during season six of the Bravo TV show. While Moore has yet to publicly name her love interest, she refers to as her “African Prince” and a number of blogs like mediatakeout.
Moore has indirectly refuted claims of being romantically linked to Cole after recently posting an Instagram image of her love interest. Moore posted some images on Instagram of her cuddling next to a male, whose face was partially cut off from the pictures. Although it is unclear if the male pictured was indeed her “African prince,” Moore let it be known that she was in love.
You choose your fate. You can’t let other people and the past dictate how you treat others. Moore captioned another image where the mystery man is on a laptop viewing a page with her face on it. Get The Christian Post newsletter in your inbox. The top 7 stories of the day, curated just for you! Delivery: Weekdays.
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African countries ranked by potential military strength. life expectancy dropped 1 billion, Nigerian billionaire Aliko Dangote is the wealthiest man in Africa and the only African on the list of The Richest Man In Kenya Top 20 Wealthiest People. Al Amoudi began in construction and real estate before moving into oil.
In his first days in office, Trump signed an executive order to stop the Clean Power Plan, moved forward the Keystone XL and Dakota Access pipelines, opened up public lands and coasts to more oil drilling, and has now abandoned one of the U. It’s up to us to resist. DayAgainstDenial , spearheaded by the climate group Ryan Zinke R-Mont. All four have denied climate change and have ties to the fossil fuel industry, the groups said.
Organizers say they see the day of action as the start to long-term resistance to Trump’s anti-science agenda. It’s up to the Senate to stop these nominations—and up to us to show up in person to tell our senators to fight Trump’s climate denial cabinet,’ said. Confirmation hearings are set to take place throughout the week. The groups added that separate campaigns will target other controversial cabinet appointees—including attorney general nominee Sen.
Jeff Sessions R-Ala. Few entire countries use more oil than the Pentagon does. As Michael Eisenscher has said, there is not such thing as a sustainable planet run by the military-industrial complex.