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OIL AND GAS
US air strike in Libya kills Qaeda operative: military
by Staff Writers
Washington (AFP) June 14, 2018

The US military has conducted an air strike in Libya targeting an Al-Qaeda affiliate, killing one "terrorist," the US military said Thursday.

The Wednesday strike took place approximately 50 miles (80 kilometers) southeast of the town of Bani Walid, US Africa Command (AFRICOM) said in a statement.

"In coordination with the Libyan Government of National Accord, US forces conducted a precision air strike against Al-Qaeda in the Islamic Maghreb (AQIM)... killing one terrorist," the statement read, adding that no civilians had been killed in the action.

AFRICOM said it was the second US strike against AQIM in Libya.

The first, on March 24, resulted in the death of Musa Abu Dawud, a high-ranking AQIM official, officials said.

Libya has been gripped by chaos since a NATO-backed uprising toppled and killed dictator Moamer Kadhafi in 2011, with rival administrations and multiple militias vying for control of the oil-rich country.

Jihadists and people-traffickers have taken advantage of the chaos to gain a foothold in the North African country.

On June 6, AFRICOM said it had killed four members of an Islamic State jihadist group affiliate, also near Bani Walid.

The town, on the edge of the desert, is a transit point for migrants aiming to reach Europe by boat from the coast further north.

Chinese businesswoman shot dead in Chad: police
N'Djamena (AFP) June 14, 2018 - A Chinese businesswoman was shot dead in Chad on Thursday as she was going home in the capital N'Djamena, police told AFP.

The woman "was on her way home when she was cornered and shot not far from where she lives," a police spokesman said.

"She had definitely been followed," he added.

The victim's vehicle was stolen by her killers but police said the motive for the crime was not clear.

The woman was the owner of a wholesale outlet in N'Djamena where this type of crime is very rare.

Chad is a poverty-stricken landlocked country of nearly 15 million people.


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OIL AND GAS
Equinor sees break-evens slashed for Johan Castberg
Washington (UPI) Jun 12, 2018
Norwegian energy company Equinor said Tuesday its Johan Castberg field could be profitable so long as the price of oil is about $35 per barrel. The Norwegian Parliament approved the company's plans for development of the Barents Sea field on Monday and it awaits formal approval from the Norwegian Ministry of Petroleum and Energy. Oil was first discovered at Johan Castberg in 2011. Its future was in doubt when the price of crude oil collapsed and Equinor was envisioning a break-even cost ... read more

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