US government 'hacked global bank system' - BBC News:
"A huge range of security weaknesses, said to be worth over $2m if sold on the black market, have been leaked online.
The tools are said to have been created by the US National Security Agency (NSA), and accompanying documents appear to indicate a possible breach of the Swift global banking system.
Such a hack could have enabled the US to covertly monitor financial transactions, researchers said."
'via Blog this'
Saturday, 15 April 2017
Saudi Aramco chief warns of looming oil shortage
Saudi Aramco chief warns of looming oil shortage:
"The head of Saudi Arabia’s state energy giant has warned of a looming oil shortage as a $1tn drop in investments into future production takes effect.
Amin Nasser, chief executive of Saudi Aramco, the world’s largest oil producing company, said on Friday that 20m barrels a day in future production capacity was required to meet demand growth and offset natural field declines in the coming years.
“That is a lot of production capacity, and the investments we now see coming back — which are mostly smaller and shorter term — are not going to be enough to get us there,” he said at the Columbia University Energy Summit in New York. "
'via Blog this'
"The head of Saudi Arabia’s state energy giant has warned of a looming oil shortage as a $1tn drop in investments into future production takes effect.
Amin Nasser, chief executive of Saudi Aramco, the world’s largest oil producing company, said on Friday that 20m barrels a day in future production capacity was required to meet demand growth and offset natural field declines in the coming years.
“That is a lot of production capacity, and the investments we now see coming back — which are mostly smaller and shorter term — are not going to be enough to get us there,” he said at the Columbia University Energy Summit in New York. "
'via Blog this'
Subscribe to:
Posts (Atom)