A ruling in an historic $27 billion lawsuit against Chevron in Ecuador is expected later this year. In anticipation of Chevron appealing that ruling, NGOs financed by a large number of foundations and a Philadelphia-based law firm are staffing up for a prolonged...
created by Alex Thorne | 14 wks ago | updated 13 wks ago 832 views | 2 recommendations | 25 comments
For most of the past three weeks, I’ve been trying to learn as many details as possible about the a $27 billion class-action lawsuit pitting the Amazon Defense Coalition against Chevron. Only last night,...
" Venezuelan President Hugo Chavez said he’s investigating whether representatives from the U.S. Embassy in Caracas met with leaders of the political opposition, and said he may expel them from the country. Chavez said he knows a group of opposition leaders recently...
created by urbano411 | 44 wks ago 89 views | 0 recommendations | 1 comment
After sliding for many weeks Crude Oil prices have started rising due to violence flared between Israel and Hamas. Crude supplies from the Middle East are likely to be affected in the ongoing fight between...
created by Sanjay Jha | 46 wks ago | updated 46 wks ago 236 views | 15 recommendations | 2 comments
According to predictions from Merrill Lynch & Co. crude oil is expected to drop below $25 a barrel. Definetly news which oil/energy companies are not going to be very happy about. What do you think about...
created by mazevedo | 49 wks ago | updated 49 wks ago 911 views | 9 recommendations | 10 comments
Joining Lybian previous calls, Venezuela has also suggested a OPEC output cuts for stabilising world prices. This reduction -of an estimate one million barrels a day- would be proposed during the next OPEC...
"On the Dubai Mercantile Exchange, Oman crude oil closed at US$46.98 a barrel yesterday, the first time it has settled below $50 since it started trading on the exchange last year. On the New York Mercantile...
Stocks in emerging countries such as Brazil are currently a roller coaster ride for the strong hearted. If you believe the Dow, Nasdaq, and TSX are currently a roller coaster ride, take a look at stock markets in emerging countries and you'll see several very hardcore and...
created by mazevedo | 1 year ago | updated 1 year ago 74 views | 2 recommendations | 0 comments
Despite hope from the oil markets that demand from China would see an end to the oil price slide prices today fell to a 20 month low. Wether this will be reflected anytime soon in price falls at fuel pumps is...
"SINGAPORE (AP) -- Oil prices fell below $65 a barrel Thursday in Asia as renewed concerns about the severity of a global economic slowdown triggered an exodus from stocks and commodities. Light, sweet crude for December delivery was down 83 cents to $64.47 a barrel in...
created by RayBanBro66 | 1 year ago | updated 1 year ago 55 views | 2 recommendations | 1 comment
Oil after touching $147 just few month back, is searching new bottom. Today it touched $60, which is far below the oil experts forecast.Whether sino-india led demand fueled yhe price to such high or the...
The Iranian parliament today sacked the Interior minister on charges of fake degree from oxford.Ali Kordan accepted that the degree he obtained from oxford is fake. " Parliament in Iran has voted to sack...
OPEC has agreed to cut production due to rapidly falling oil prices. Airlines and other Oil dependent companies rushed to buy call options to lock in the current prices. A call option means buyers can...
OPEC agreed to reduce oil production in an attempt to stop falling prices. As the world economy enters into a recession, oil demand has been dropping in the last week. As OPEC only controls 40% of the global oil...
Fried chicken, ribs, watermelon, Kool-Aid and a donkey with Senator Obama's head. These images appear on what is identified as a food stamp. The images were included in an October newsletter...
created by Karen Hatter | 1 year ago | updated 1 year ago 2439 views | 81 recommendations | 63 comments