When the U.S. commercialized the oil and gas industry it also fought to ensure that its position as the leading provider of oil and gas remained unfettered. During the industrial revolution Standard Oil Company, a U.S. based oil and gas conglomerate, initially operated as a Trust Company and later as a Holding Company. It was […]
Africa used to be a place where governments were often accused of sleeping at the wheel, but Ethiopia has made a point of not being deemed one of them. Desperation often times necessitates the speed of innovation and progress. The cost of that innovation and progress, as with most innovative measures undertaken by nation States […]
Egypt gets 95% of its water from the Blue Nile, which is one of two major tributaries of the Nile River. The Other major tributary is the White River which originates in Uganda. Egypt is concerned that the diversion of that water via a Dam will affect the flow of the Nile River water to Egypt, which it disparately needs to sustain itself. The Dam is 20% complete and is expected to cost $4.2 billion to complete. Ethiopia states that it needs that Dam to help generate the necessary hydropower to grow its economy.