Oil

U.S. Oil Firm Creates Tension over Western Sahara

Even as U.S. and Moroccan executives meet to discuss strengthening private sector ties between the two countries, advocacy groups are raising concerns about plans by a U.S. energy firm to explore for oil in the contested territory known as Western Sahara. 

Economic Reforms Needed for Peace in South Sudan

Gatmai Deng lost three family members in the violence that erupted in South Sudan on Dec. 15 and lasted until the end of January. And he blames their deaths on the government’s failure to use the country’s vast oil revenues to create a better life for its almost 11 million people.

Africa’s Billions that the Poor Won’t Touch

With its two-trillion-dollar economy, recent discoveries of billions of dollars worth of minerals and oil, and the number of investment opportunities it has to offer global players, Africa is slowly shedding its image as a development burden. 

OP-ED: Saudi Anger Masks Concern About Loss of Influence

Saudi Arabia’s public anger against the United States masks the kingdom’s growing concern about its diminishing influence in the Persian Gulf and the wider Arab world.

“The Oil Is Ours” – But Its Secrets Are the NSA’s

Reported U.S. spying on Brazil’s Petrobras oil firm revived the controversy over opening up the company, a symbol of Brazilian sovereignty since the 1950s, to foreign investment.

OP-ED: Making Sense of Syria

Tarzie Vittachi, a Sri Lankan journalist who in his final years was the bemused occupant of a high United Nations office, once summed up with his characteristic terse wit a central truth about international affairs: “Everything is about something else.”

Analysts Say Oil Could Help Mend U.S.-Venezuela Relations

A shift in U.S. foreign policy towards Venezuela may be pending as a bilateral rapprochement suddenly appears more possible than it has in years.

Tribes Keep Uneasy Peace in Southern Libya

Kaltoum Saleh, 18, is elated to graduate from her overcrowded high school in the remote Saharan town of Ubari, near the Algerian border.

U.S. Kiobel Decision Bucks 30 Years of Precedent

The U.S. Supreme Court has dismissed a lawsuit against the Royal Dutch Shell Petroleum Company brought by alleged human rights victims.

Oil Flows Beneath the Battlefield

At seven o’clock in the morning on Mar. 1, Kurdish militias took over the only operational oil refinery in Syria, located about 800 kilometres northwest of Damascus.

Dependent on Venezuela’s Oil Diplomacy

Venezuela’s economic challenges, more than the uncertainty over who will succeed late president Hugo Chávez, could threaten the oil diplomacy he practiced in the region.

Russia to Get Venezuelan Oil for a Few Cents a Barrel

Russian state oil firm Rosneft and Venezuela's PDVSA (Petróleos de Venezuela S.A.) have agreed to form a partnership to exploit an oilfield with estimated reserves of 40 billion barrels, strengthening the alliance between the two countries.

Latin America and Caribbean Won’t Lose Oil Aid from Venezuela

Venezuela will keep in place the regional energy integration policies promoted by the late president Hugo Chávez if he is succeeded by acting president Nicolás Maduro, experts on regional relations told IPS.

Cuba Diversifies – But Energy Focus Still on Oil

Cuba continues to focus heavily on oil for its energy needs, through agreements with partners like Venezuela, with the hope of discovering commercially exploitable wells in the Gulf of Mexico.

Shell Case Shows Failure of Nigerian Judiciary

The decision by The Hague over Shell’s liability for polluting in the Niger Delta shows that justice is possible – but it is extremely hard to achieve if you are taking on a massive multinational, says Amnesty International’s Africa programme director Audrey Gaughran.

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