The United Nations has warned that Sudan faces a “very high” risk of genocide, as the civil war between the Sudanese army and the paramilitary Rapid Support Forces (RSF) continues to devastate the country. Senior UN official Virginia Gamba highlighted ethnically motivated attacks by the RSF and allied militias against groups like the Zaghawa, Masalit, […]
The global oil glut that has taken a toll on the budgets of many oil producing nations will persist into 2017, as oil supply is expected to continue outstripping demand, the International Energy Agency said in a recent report. The report argues that oil markets will take “a while longer” to rebalance in light of […]
Independent Perenco has announced the investment of $1 billion for construction of a Liquefied Natural Gas unit in Gabon. The company-based in London said it presented the plan for the unit to the Minister of Oil and Gas, and the subsequent technical approval by the Gabonese authorities in December 2022. The unit will be located […]
