Word: oil-rich
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...solar panels angled to the Middle Eastern sun like bathers lying poolside. The solar farm is the earliest tangible part of Abu Dhabi's Masdar City, a $22 billion project designed to be the world's first zero-carbon-footprint, zero-waste settlement--the embodiment of this oil-rich Arab city's surprisingly green dreams. "This is bringing attention and capital from around the world to Abu Dhabi," says Khoreibi. "We're going to use this as a launching pad for clean development...
...builder says the latest version of that warplane rolling off Lockheed Martin's assembly line in Fort Worth, Texas, yields "the most advanced multirole fighter available today." In fact, the hottest F-16 now in the skies is flown not by the U.S. Air Force but by the oil-rich United Arab Emirates...
...weekend brought further reminders of the bloody rifts that still crisscross the country. On Saturday, the top official in the semi-autonomous Kurdish region of northern Iraq voiced anger over what he described as provocative troop movements by the central government around Kirkuk, the disputed oil-rich city. The Associated Press reported that the Kurdish prime minister, Nechirvan Barzani, denounced a move by Iraqi Prime Minister Nouri al-Maliki to deploy Iraqi soldiers ahead of the provincial balloting on the outskirts of Kirkuk, which both the Iraqi central government and Kurdistan regional authorities claim. The Iraqi government denied the accusation...
...Kurds and forcibly displaced hundreds of thousands more, resettling the territory with Iraqi Arabs from further south. After the 1991 Gulf War, the U.S. protected a Kurdish enclave in northern Iraq, and after the 2003 invasion, the Peshmerga moved down to take control of parts of Diyala, Nineveh and oil-rich Kirkuk, all of which they claim as historically Kurdish. Iraq's new constitution promised that the future status of those areas would be settled in a referendum, after a census had been held. But the census and the referendum have yet to take place, and the government in Baghdad...
...latest cut follows an October cut of 1.5 million barrels a day, which failed to arrest the downward slide in oil futures - prices have plunged a further 18% since November, deepening fears among oil-rich nations of an economic disaster at home. Whereas in July, with futures at a record high of $147 a barrel, the daily oil earnings for Opec's 11 members stood at $4 billion, this week, with oil hovering at around $43 a barrel, the cartel's combined daily earnings stood closer to $1.2 billion. Saudi Arabia's oil minister Ali Al-Naimi said last month...