Word: crude
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Dates: during 2000-2009
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After realizing the gravity of the situation in Vietnam during his mission in 2000, Ringer and his colleagues tried to convince local doctors to implement CPAP in their home country. The Project Vietnam contingent was able to garner some curiosity about CPAP through exhibitions using crude prototypes of the equipment...
...decades. What's more, only about 25% of the country has yet been explored. Some 120 companies have joined Libya's first open bidding process to dig for new oil in 15 areas; the bid results are expected at the end of this month. Oil companies regard Libya's crude as some of the best on the planet. Relatively thin, it is among the easiest to refine. And tankers leaving Libya need far less time to reach U.S. and European ports than those leaving the Persian Gulf. Given the turmoil in Iraq, and the fact that Washington is on chilly...
...goes on, "we don't lack cash. We don't need capital." But Libya does need modern technological know-how and experienced manpower - the kinds of resources that big outside oil firms can provide. "We are strong enough to bargain," says Seif, who knows how valuable his country's crude is to the West. Who will have the upper hand in the negotiations remains to be seen. But with both sides motivated to get the oil pumping, Libya's importance to the world economy, and to America, will only grow...
...Army descended on Tawila in battered pick-ups, heading straight for the police station. After a gun battle that lasted almost an hour, some two dozen police officers had been killed. Then came the government response - old, white Antonov airplanes, circling the town under the noon sun and dropping crude bombs. Six civilians were killed, and three African Union helicopters were called in to evacuate 45 aid workers from a nearby displaced persons' camp. Two days later, the government followed up by bombing nearby villages suspected of harboring rebels. At least 20 people, mostly civilians, were killed, and twice...
...Scenarios of a terrorist strike in the strait vary, but they usually involve hijacking a tanker carrying chemicals, oil or liquefied natural gas. Blowing up an entire tanker is difficult?crude oil does not catch fire easily, for example?but it's not too hard to blast a hole in one so that its cargo is released, creating a maritime disaster. There's also the economic impact. When the oil tanker Limburg was attacked off the coast of Yemen in October 2002, insurance costs for calls to the country's ports rose by some $150,000 per ship. Such...