Oil Rich Nation Charges Thatcher with Coup Plot
Sir Mark Thatcher has been charged with involvement in a coup plot in oil rich Equatorial Guinea prosecutors confirmed today.
Sir Mark Thatcher has been charged with involvement in a coup plot in oil rich Equatorial Guinea prosecutors confirmed today.
Plans for major reforms in Iraq’s oil sector have been postponed as the interim government focus on its daily problems, the Middle East Economic Survey reported on Tuesday.
Saboteurs attacked an oil pipeline and an oil well near northern Kirkuk on Wednesday, oil officials said.
It will not come as news to anyone that the US dominates the world economically and militarily. But the exact mechanisms by which American hegemony has been established and maintained are perhaps less well understood than they might be. One tool used to great effect has been the dollar, but its efficacy has recently been under threat since Europe introduced the euro.
The row over the intrusion into Japanese waters of one of China’s nuclear submarines is the latest in a long series of awkward moments in the fraught relationship between Asia’s two most powerful nations.
SABOTEURS have set fire to four oil wells in Iraq’s northern fields.
Successive explosions had rocked the four wells in Khabbaza, 20km northwest of Kirkuk, the state-run Northern Oil Co said today.
China, the world’s second-largest consumer of oil after the United States, has plenty of cash to secure sources of petroleum and natural gas. But as aggressively as any nation, it is also cutting deals and forging alliances to get the energy it needs.
Stan Goff of CounterPunch debates a Neocon and finds him a paper tiger. His leftist analysis of Iraq, oil, and US hegemony finds a surprisingly receptive audience.
Japan will protest to China after concluding that a nuclear-powered submarine that intruded into its waters this week belonged to the Chinese navy. Tokyo and Beijing are also at odds over a Chinese gas field project in a disputed part of the East China Sea.
The United States may soon decide to ask Japan and China to share security expenses in the Persian Gulf so that it would be able to use more regional energy resources, according to an Iranian oil expert.
Harken Energy is the latest oil company to benefit from the United States’ escalating involvement in Colombia. On November 4, the Texas-based company announced the signing of a new oil exploration and production contract in Colombia.
The similarities between the Vietnam and Iraq wars become more marked
with each passing week. We are now told that the U.S. forces have
surrounded Fallujah and are about to unleash a full-scale attack to
recover it from the insurgents.