Fighting forces UN to evacuate seven staff from South Darfur Sudan

The fighting has continued and clashes have also taken place in areas of Jabal Marra in central Darfur, according to UNMIS.In another development, the mission reported that a person reported missing following yesterday’s helicopter crash in Jabal Marra had been later confirmed dead. None of the injured passengers, who were on a humanitarian mission when the accident occurred, had to be taken to Sudan’s capital, Khartoum, for medical treatment.Meanwhile, the UN Development Programme (UNDP) in Sudan has helped the Government of National Unity launch a project under its Transfer of Knowledge through Expatriate Nationals programme encouraging them to volunteer their expertise for short periods.The programme will encourage various Sudanese institutions to bring interested expatriate Sudanese professionals to Sudan to share their skills and expertise for up to eight-week periods. UNDP will cover the expatriates’ travel expenses and provide a living allowance in Sudan.First implemented in Turkey in 1977, the programme has since been expanded to include more than 25 countries, including India, Pakistan, China, the Philippines, Poland, Bosnia-Herzegovina, Vietnam, Lebanon, Syria, Senegal, and Nigeria. read more

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Oil industry will continue to lose money this year Conference Board of

by The Canadian Press Posted Mar 13, 2017 7:38 am MDT Last Updated Mar 13, 2017 at 8:40 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Oil industry will continue to lose money this year: Conference Board of Canada CALGARY – The Conference Board of Canada says the oil industry will continue to lose money for much of this year despite stronger financial conditions and the promise of new pipeline capacity.Economist Carlos Murillo says the sector has narrowed losses since hitting rock bottom with an $11-billion overall loss in the first quarter of 2016, but it won’t post positive numbers until the fourth quarter of this year.He says he expects the industry to recover to match its 2010 profit of around $13 billion by 2021.The board says in a report released Monday that capital investment this year is expected to fall to $22 billion from $27 billion last year as big construction projects in the Alberta oilsands and offshore Newfoundland are completed.The peak investment level was $62 billion in 2014.The board says benchmark light crude will average US$55 per barrel this year and rise to US$71 by 2021.Murillo predicts Canadian industry costs will jump by an average of 13 per cent per year between 2017 and 2021, in part because of pipeline transportation constraints that could force more producers to switch to crude-by-rail options.“The way we kind of look at it is, because the losses have been so large over the last couple of years, it takes a bit of time to get up there to the point that you actually are starting to make money again,” said Murillo.“Of course, improving revenues will help, but there are already cost pressures.” read more

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