The head of heavy oil for Shell warned yesterday that without making sure oil sand’s credentials were up to scratch the industry would not have a future.
GREEN groups welcomed news yesterday of EU moves to rule tar sands as more polluting than conventional transport fuels, which they said could ban the controversial oil from Europe.
AFRICA is on an upward growth curve. This growth is underpinned by a long-term process of economic and regulatory reform that has occurred across much of the continent since the end of the Cold War -- a period in which inflation has been brought under control, foreign debt and budget deficits reduced, state-owned enterprises privatised, regulatory and legal systems strengthened, and many African economies opened up to international trade and investment.
