Word: petroleum
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Dates: during 2000-2009
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Commodity speculators are exploiting geopolitical tensions to put a "fear factor premium" on oil prices, says Qatar's Energy and Oil Minister Abdulla Bin Hamad al-Attiya in an interview with TIME. The blame for high prices - a record $93.53 a barrel on Monday - should not fall on petroleum producers, he says. "How do you blame us?" asked Attiya, who also serves as deputy prime minister of Qatar, a small country of nearly one million people whose per capita income of $66,000 is the world's fifth-highest. "I am an oil producer and cannot tell...
...floor office with panoramic views of Doha's new skyscrapers and the Gulf waters beyond, Attiya said that the failure of industrialized countries to provide more refining capacity in the world had led to some shortages of usable fuel. But he was adamant that the Organization of the Oil Petroleum Exporting Countries, which will hold a major summit in Riyadh, Saudi Arabia, in mid-November, is not responsible for today's soaring prices...
...water was murky grey and appeared to contain everything from household garbage to industrial sediment and waste. And it’s really no surprise, since environmental regulations do little to prevent the dumping of waste into water bodies by factories and farms, including everything from petroleum to ammonia nitrogen to mercury. Since China has only one-fifth the water supply per capita as the U.S., conservation and stricter regulation is essential in order to preserve a sustainable water supply...
...said. The Mossavar-Rahmani Center carries its name as a result of a $15 million gift from a prominent business couple—Sharmin Mossavar-Rahmani, who is Managing Director of Goldman-Sachs, and her husband Bijan, a KSG alumnus who heads Mondoil Corporation, an international petroleum firm. The Mossavar-Rahmani Center runs a wide range of programs, including initiatives on corporate social policy, regulatory policy, and environmental economics. —Staff writer David K. Hausman can be reached at dhausman@fas.harvard.edu...
...seen more as a national issue, a small rebel movement that Uganda can deal with on its own,” said Ross, who is also HHRA’s director of advocacy for Africa. Alison Lawton, who produced the film, said that Sudan’s wealth of petroleum resources has made its humanitarian crisis a priority over that of northern Uganda, where there is little economic interest. “Yet, we’re talking about people instead of economics. From a social justice perspective, it’s shocking and unacceptable,” she said...