News

World Bank Accused of Fueling Debt and Fossil Fuel Dependence in Ghana – New Report
A new investigative report by the Centre for Research on Multinational Corporations (SOMO) and ActionAid Ghana has revealed that $2 billion in World Bank funding for oil and gas projects in Ghana has ...
Rudaw22h
Major obstacles cleared for Kurdish oil exports, only technical issues remain: SOMO
A top executive from the government entity responsible for commercializing Iraq's oil told Rudaw that “major obstacles” ...
Opinion
SweetCrude Reports on MSN1dOpinion
World Bank projects drive Ghana’s crippling debt, fossil fuel dependency
World Bank funding of about $2 billion in oil & gas projects has supported deeply harmful fossil and energy investments in Ghana – Foreign-led, expensive energy contracts contribute to draining over ...
Opinion
MyJoyOnline1dOpinion
Ghana: World Bank-backed projects drive crippling debt and fossil fuel dependency
The World Bank Group must be held accountable for the devastating consequences of its energy policies in Ghana. Instead of fostering sustainable growth, the Bank has locked the country into crippling ...
Arabian Gulf Business Insight on MSN2d
Iraq to cut oil spending after fall in crude prices
Iraq is seeking to cut operational spending on oil projects while trying to maintain investment in increasing crude production, following a steep fall in prices, the official news agency reported on ...
Kurdistan 244d
Baghdad May Act Unilaterally on Oil Advisor After Deadline Passes, Lawmaker Warns
Disputes Stall Kurdistan Oil Export Deal Despite Budget Law Amendments; Deadline for Cost Assessment Passes Without Consensus ...