Hegemony or Survival?
In Hegemony or Survival, Noam Chomsky suggested that our leaders, facing the choice in the book’s title, might well opt for hegemony over survival.
Time to pump cash in, not out
IF THEY sound worried, it is because they are desperate. The multinational oil companies are rolling in cash but they have little to spend it on.
High oil prices expected to be the norm
The world of crude has flipped upside down, with high prices becoming the norm, says the president of Devon Energy Corp., the largest U.S. oil and gas independent.
India asks OPEC for uniform pricing policy
India Friday urged the Organisation of Petroleum Exporting Countries (OPEC) to adopt a uniform pricing policy for all buyers and not charge a premium from developing countries in Asia.
Get used to high oil prices, they are here to stay
Oil prices may have fallen about 10 per cent from their high near $US50 a barrel in mid-August, but that’s not deterring fund managers, many of whom say the long bull run has a lot of life left in it.
YUKOS raises Yugansk reserves estimate fivefold
Russian oil major YUKOS, fighting to prevent a cheap fire sale of assets in a tax dispute with the state, boosted oil-reserve estimates of its core Yugansk unit fivefold today.
UN body warns of US$ crisis
The US dollar is likely to be devalued to deal with the booming trade deficit in the United States, raising the prospect of global financial instability, the UN Conference on Trade and Development said yesterday.
New Forecast Shows Oil Supply-Demand Tipping Point Within A Decade
World oil production will likely not be able to meet global demand as early as the middle of the next decade, according to a new study by Washington-based consultants PFC Energy.
Asia switches slowly to green power
Rising oil prices and pollution are fueling interest in green power in Asia but experts see no prospect of a rapid switch from the region’s growing dependence on oil, coal and gas.
Big Oil hashes out issues with state-run firms
Big Oil met national oil Thursday during an OPEC-sponsored conference of the world’s most powerful companies, from Exxon Mobil and Royal Dutch-Shell to Saudi Aramco and Venezuela’s PDVSA.
GIs claim threat by Army
Soldiers from a Fort Carson combat unit say they have been issued an ultimatum – re-enlist for three more years or be transferred to other units expected to deploy to Iraq.
Putin merges Gazprom and Rosneft
The Kremlin moves swiftly to strengthen its vertical power by giving the green light to a merger between Gazprom and state-owned Rosneft, paving the way for the consolidation of the state’s control over the energy sector.
