Insight and inspiration in turbulent times.
The competition for remaining oil & gas reserves just gets hotter, with India’s Oil and Natural Gas Corporation making recent commitments to Caspian and Sakhalin Island projects, meanwhile pursuing stray Yukos assets.
Iraq has developed into a two-front war: the battles for control over Iraq’s cities and the constant struggle to protect its far-flung petroleum infrastructure against sabotage and attack.
India finally announced the long awaited announcement that she will tap into Chinese energy sources. The news was significant because India and China agreed to collaborate and support each other on Energy.
One of the biggest stories of 2004 was Peak Oil—the hardening consensus among analysts that global reserves of recoverable oil are half gone … which makes the current pipeline-terrorism fad more than a little ironic.
China is the last industrialized nation of the cheap energy age. Its factory production is keyed to the continuation of regular supplies of cheap oil. It has little oil of its own.
Competition for water resources could provoke wars in Africa and the Middle East, Boutros Boutros Ghali has said.
Russia is moving towards building new geopolitical muscle based on its huge oil and gas riches: this week Moscow conceded that its policy, notably in the Middle East, has been strongly connected with energy considerations.
Venezuelan state-run oil company considers buying Shell’s Argentinian assets, while off-loading refining operations in the US. Meanwhile President Chávez is building alliances with China and Iran.
A counterpoint to the corporate media’s unquestioning praise, this article portrays the Iraqi election as a PR effort by U.S. occupiers.
Concentration on fluctuations in oil prices has detracted attention from the fundamental geopolitical changes occurring in world oil and gas markets.
China and India are locked in an increasingly aggressive wrangle with the United States over the world’s most critical economic commodity: oil.
Chomsky discusses Iraq, parallels/differences with Vietnam and 9-11.
