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Oil & Gas

ISIS in bid to take Libyan oil port

Islamic State (ISIS) militants have been battling to seize the largest oil depot in Libya, according to reports. The Telegraph said the terror group, which previously gained control of former leader Colonel Gaddafi’s home city of Sirte, has reportedly been involved in clashes with guards trying to protect Sidra oil port.

Oil & Gas

US official claims Syrian government is buying IS oil

A top US official has claimed the Syrian government has been buying oil from the terrorist group Islamic State (IS). Adam Szubin, currently the Treasury’s acting under secretary for Terrorism and Financial Intelligence, said although some crude was making its way over the border to Turkey a “far greater amount” was ending up in areas under Bashar al-Assad’s control.

Other News

COP 21 climate change march cancelled after Paris attacks

A huge march through Paris on the eve of international climate talks in the French capital will not go ahead following Friday’s terror attacks. The organisers of the march, which had been expected to draw as many as several hundred thousand people on Sunday November 29 calling for strong action on climate change, had hoped to go ahead with the demonstration despite the attacks. But in the wake of the killings in Paris, French authorities have told the coalition of campaigners it cannot proceed.

Other News

London and Madrid terror attacks show French economy could remain resilient

The Paris attacks will impact the French economy in the near term but activity is likely to remain resilient, according to a leading expert. IHS global insight chief European and UK economist Howard Archer has compared the most recent attack in the French capital – which killed 129 people – to previous incidents in both London and Madrid. Archer said experience from those events showed the economic impact is likely to be “limited and temporary”.

Other News

Thatcher files: North Sea terror simulation

A full-scale terrorist hijacking of a North Sea platform was simulated by the UK authorities in the 1980s – and code-named the “Smoked Salmon” exercises. Declassified files have revealed that the offshore counter-terror mission was run from November 25 to 28 in 1985. Royal Marines and members of all the armed services were involved in the exercise, as well as the intelligence agencies.