Iraq Keeps South Oil Pipeline Shut
Authorities kept a main oil pipeline in southern Iraq shut on Sunday rather than risk it being attacked, restricting the country’s exports to half normal levels, a South Oil Official said.
Authorities kept a main oil pipeline in southern Iraq shut on Sunday rather than risk it being attacked, restricting the country’s exports to half normal levels, a South Oil Official said.
Peasant farmers in Bolivia have ended an occupation of foreign-owned oil fields after the government promised to speed-up land redistribution.
Global oil prices raced to fresh highs on Friday carrying U.S. crude close to $49 a barrel, driven by escalating violence in Iraq and unabated demand growth from China and India.
Iranian Defense Minister Ali Shamkhani warned Wednesday that Iran might launch a preemptive strike against US forces in the region to prevent an attack on its nuclear facilities.
PRESIDENT HUGO Chavez has won a resounding victory in a referendum designed to topple him and the government of Venezuela—a government hated by the rich and powerful in both Caracas and Washington.
The American government officials and presidential candidates of both parties know all about Peak Oil and the fact that (UNDER ALL CIRCUMSTANCES) the American way of life (as we know it) is nearing its end.
Panicked by looming peak oil, the Bush administration jettisoned the Constitution and international law in a grab for the Middle East bonanza. They thought to control the region, but that is quite impossible.
It is surprising that the media - left media included - has been relatively silent regarding Venezuela’s upcoming presidential recall referendum.
Japan’s Trade Minister Shoichi Nakagawa said Sunday his country has no intention of changing its policy of pursuing an oil development deal with Iran due to a US request to reconsider.
KHARTOUM, Sudan (Reuters) – Sudan’s president Thursday accused the West of exploiting the Darfur conflict in the hope of seizing the country’s gold and oil, but Washington replied its only aim was to halt mass murder and starvation.
Workers at an oil pumping station in southern Iraq said on Wednesday they have stopped operations to protest the government’s backing of the U.S. offensive against followers of rebel cleric Moqtada al-Sadr.
Hugo Chavez drives George Bush crazy. Maybe it’s jealousy: Unlike Mr. Bush, Chavez, in Venezuela, won his Presidency by a majority of the vote.