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 by AFP Staff Writers Nasiriyah, Iraq (AFP) Dec 28, 2021
A rocket and gunfire targeted the premises of a Chinese oil services company in southern Iraq at dawn on Tuesday, without causing any casualties or damage, officials said. Six people have been arrested as part of the investigation into the attack, said a security official in the restive, poverty-stricken province of Dhi Qar. "The headquarters of the Chinese company ZPEC, which operates in the Al-Gharraf field north of Nasiriyah, was targeted with a rocket and live ammunition," said Karim al-Jandil, spokesman for the state oil company in Dhi Qar. Another security official said the rocket failed to explode and that the only damage to the site was bullet holes on a nearby trailer. The Chinese company is in charge of drilling wells in the Al-Gharraf oil field. The attack was motivated by "blackmail" to put pressure on the company and secure jobs for locals, an official of the state oil company alleged. The province of Dhi Qar, including its capital Nasiriyah, has been hit by bloody protests against corruption and unemployment since the second half of 2019. Iraq is the second-largest producer in the Organization of the Petroleum Exporting Countries, and oil accounts for more than 90 percent of its revenues. In November, the country exported more than 98 million barrels of crude that brought in more than $7.6 billion, the oil ministry says.
Climate crisis puts oil in the crosshairs, but dependence persists Paris (AFP) Dec 26, 2021 The climate crisis has put the end of oil onto the agenda, but achieving that is a colossal task given the world economy's deep dependence on petroleum. "In 2021, several developments showed clearly that (the petroleum) industry doesn't have a future," said Romain Ioualalen at the activist group Oil Change International. The International Energy Agency warned in May that an immediate halt to new investment in fossil projects is needed if the world is to reach net-zero carbon emissions by 2050 an ... read more
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