Energy News  
OIL AND GAS
Kuwait defence chief says government quit over embezzlement
by Staff Writers
Kuwait City (AFP) Nov 16, 2019

Kuwait's defence minister said Saturday that the government's recent resignation was triggered by the alleged embezzlement of nearly $800 million from a military aid fund.

"It is the main reason for the government's resignation", said Sheikh Nasser Sabah al-Ahmad Al-Sabah, two days after Prime Minister Sheikh Jaber Mubarak Al-Sabah quit along with his cabinet.

In a statement, Sheikh Nasser said that the embezzlement of 240 million Kuwaiti dinars (789 million dollars, 715 million euros) had taken place before his 2017 nomination to head the defence ministry.

He added that he had given to judicial authorities elements of an internal investigation just before the government resigned.

Sheikh Nasser, the eldest son of Kuwait's emir, said that he had requested explanations of the alleged irregularities from the prime minister and the interior minister, to no avail.

He had decided to "boycott government meetings" in protest against the absence of a response to these questions, he said.

In a statement on Thursday, government spokesman Tareq al-Mazrem had said the administration's resignation stemmed from lawmakers' criticism of several ministers for alleged malpractice.

The departure of the premier and his ministers paves the way for the formation of a new cabinet in a country accustomed to disputes between lawmakers and the ruling family-led government.

Hundreds of people joined an anti-corruption protest outside Kuwait's parliament earlier this month.

Oil-rich Kuwait has a fully elected parliament that enjoys wide legislative powers and can vote ministers out of office.


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Climate change looms over giant Saudi energy IPO
Dubai (AFP) Nov 15, 2019
As investors weigh up the value of Saudi energy colossus Aramco ahead of its IPO next month, the global drive to contain climate change and waning demand for fossil fuels are seen as key risks. The world's largest hydrocarbon supplier is set to announce a price range for its shares on Sunday, in a listing dogged by years of delays and false starts partly caused by question marks over how much it is worth. Ironically, the state-owned firm must spur investors' appetite for oil assets even though t ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Artificial Intelligence for Earth Observation: join the UNOSAT Challenge

Changes in high-altitude winds over the South Pacific produce long-term effects

China launches new Earth observation satellite

Nature might be better than tech at reducing air pollution

OIL AND GAS
Russia to launch glass sphere into space before new year to obtain accurate Earth data

Lockheed Martin GPS Spatial Temporal Anti-Jam Receiver System to be integrated in F-35 modernization

GPS III Ground System Operations Contingency Program Nearing Operational Acceptance

UK should ditch plans for GPS to tival Galileo

OIL AND GAS
Human activities are drying out the Amazon

Lost trees hugely overrated as environmental threat, study finds

Stunning Senegal baobab forest being swallowed by mining

Amazon fires in Brazil fall to record low in October: official

OIL AND GAS
Scientists create 'artificial leaf' that turns carbon into fuel

Adhesive which debonds in magnetic field could reduce landfill waste

Fractionation processes can improve profitability of ethanol production

Bowman Power helps biogas plant reduce fuel consumption and greenhouse emissions

OIL AND GAS
Auraria campus installs largest rooftop solar array in Downtown Denver

Orsted to build massive solar and storage project for Texas oil sector

GCL-SI supplies 150 MW solar modules for the largest solar project in europe

'Messy' production of perovskite material increases solar cell efficiency

OIL AND GAS
Superconducting wind turbine chalks up first test success

Breaking down controls to better control wind energy systems

Mainstream Renewable closes $580M wind and solar financing deal in Chile

Offshore wind power set for 15-fold increase: IEA

OIL AND GAS
Asia must quit 'coal addiction': UN chief

European coal plants burning cash: activists

Australia blocks 'unacceptable' South Korean coal mine

Greenpeace activists charged over Polish coal protest

OIL AND GAS
China accuses US of using UN to 'meddle' in Tibet

Police shoot protester, man set alight in day of Hong Kong fury

Hong Kong protests hit universities, business district

Protesters hit Hong Kong commute as western powers urge restraint









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.