The Price of Oil
Every conflict since World War One has been influenced by oil in some way.
Every conflict since World War One has been influenced by oil in some way.
American lobbying adds to pressure as PM battles to keep controversial energy option on climate change agenda.
Opponents say terrorists or earthquakes could turn the terminal’s vast stores of super-cooled gas into a mile-high fireball, destroying the port and scorching people and buildings a mile away in downtown Long Beach.
A significant factor behind the higher prices this year is the fear that the global oil industry is close to capacity.
Recent announcements from Repsol YPF, the big Spanish oil and gas company, indicate an ambitious expansion program, with projects planned for countries like Libya and Equatorial Guinea that are not for the risk-averse. But none has attracted as much attention as its gamble on Cuba.
The viability of the human race is at stake because of “offences against our environment” which threaten the world with further wars and rising inequality, the Archbishop of Canterbury, Dr Rowan Williams, said last night.
Energy giant Total has shut down oil and gas production in Nigeria in the face of a threatened labor strike that raised management fears that there could be violence, the company said Tuesday.
The minister stressed close contacts between Iranian and foreign contractors to help promote national oil, gas and petrochemical industries.
The fighting in Sudan’s Darfur region, which is being reported in the world press as ‘ethnic cleansing’ and a ‘humanitarian crisis’, reportedly stems from attempts to gain control over the oil resources in the region, claim Arab sources.
China is in discussions with a group of six Middle Eastern countries to establish a free trade pact, state media reported Monday.
New Zealand has an abundant wind resource capable of producing up to 20 percent of our electricity needs.
The installation of the Ayad Allawi government in Baghdad may only increase the chaos in the country, which faces the prospect of internal conflicts and balkanisation.