Gas exporters form new organization not a cartel

After months of negotiations, main gas producing countries agreed to form an Organisation to protect their common energy interests. The initiative has been criticised by those fearing the formation of a...

Worldwide oil consumption drops for the first time since 1983

The International Energy Agency is projecting that worldwide demand for oil will have declined in 2008, the first such decline in 25 years.  With softening demand due to the ongoing financial crises and the apparent global recession, oil prices have dropped dramatically...

Brazil's foreign policy: The samba beat, with missteps

The following article at the Economist recounts the Brazilian diplomatic mischiefs in the region amid the recent celebration of the LatAm Summit. It also analyses the Brazilian falling of grace with left...

Venezuela: Amendment Referendum likely early February 2009

As Christmas time approaches and Caracas enjoys a cool weather, political activities continue to warm up Venezuelans. On Friday 18 December 2008, the Venezuelan National Electoral Council (CNE) and the National...

Crude Below $36:Amazing but Confusing

All theories that govern the price of crude is in question, whether increasing demand or decreasing supply, or increasing winter demand, or hedging or gold price, non seems to be justifying this crude trend. But...

Is the Exxon Valdez Spill Site Clean?

2009 will mark the 20th Anniversary of the Exxon Valdez oil spill in Alaska, which many scientists say is the most 'notorious human-caused environmental disaster in history'. From a recent survey at Prince William...

Pikens Plan- Obama Names Energy Team

T. Boone Pickens Sent out this letter regarding Obams Energy Team Picks " Some big pieces of the puzzle got put in place this afternoon. President-elect Obama named his Energy Team, including Steven Chu as...

Scottish Expat Freed From Nigerian Kidnappers After Two Weeks

Two long weeks after he was abducted from the Niger Delta, Ben Strachan - a Scottish oil worker - was freed and reunited with his Nigerian wife and their son. Strachan - who is employed by one of the many oil...

in Niger, a War for What Is Beneath the Desert.

Now for once I did not write my self about Niger and the Tuaregs, no this is an article published in the Herald Tribune, the Global edition of the New York Times. This article called "in Niger, a war for what's...

Alberta's Oil Sands: Dirty Birds and Broken Promises

Inarguably, Alberta's oil sands are a boon to the Canadian economy: export revenues, jobs, infrastructure, attendant service industries... but this comes at a huge ecological price, preventing Canada from meeting...

Germany Doubles aid budget to Niger.

By, Uwe Paschen. The German Government has announced that it is now doubling its aid budget for the Republic of Niger as APA reported in Niamey, Niger....

Report: Increased Drilling Generates Revenue, Creates Thousands of Jobs, Boos...

The development of the United States’ vast domestic oil and natural gas resources that had been kept off limits by Congress for decades could generate more than $1.7 trillion in government revenue, create...

The 10 Poorest Countries on this planet.

By, Uwe Paschen.The 10 Poorest countries on our planet today.  The Republic of Congo in central Africa is leading the way being the Poorest Country today with a GDP-per Capita of  $300.00, being...

Leaderless Venezuelan Opposition damns Chavez vote bid

The following BBC article attempts to portray recent political events in Venezuela. Adopting the view of local opposition, it reports on the reaction to prospects of extending Chavez´s tenure in...

Cuban, Venezuelan bases unecessary

In reaction to unusual international media questioning over the recent Venezuelan-Russian joint naval exercises, Prime Minister Vladimir Putin made a strong clarification. "Russia sees no need to set up...

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