Tag Archives: Oil

Venezuela Boosts Oil Sales to China

Venezuela Boosts Oil Sales to China Venezuela has increased oil sales to China to 640,000 barrels a day, the Andean nation’s energy minister said. “Before, we never sold a single barrel of petroleum to China and now we sell them … Continue reading

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Oil, Natural Gas and the Political Economy of East Africa

Oil, Natural Gas and the Political Economy of East Africa U.S. militarism is rooted in oil discoveries and resource control By Abayomi Azikiwe Editor, Pan African News Wire Transnational oil corporations and the Pentagon are very active throughout East Africa. … Continue reading

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Real cowards go to Tehran

By Pepe Escobar Imagine the classic United States neo-conservative wet dream; staring at Iran on a map and salivating about the crossroads between Europe and Asia, between the Arab world and the Indian subcontinent, between the Arabian Sea and Central … Continue reading

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Nigerias Economic Problem; Fuel Subsidies or Corruption ?

By Hilary Uguru Nigeria is one of the richest African nations with an annual GDP growth of 6.9% In spite of it´s wealth, Nigeria is ranking among the poorest on the UN Human Development Scale, and the average income is … Continue reading

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Geo-political stakes in Nigeria

Frederick William Engdahl – The Herald – Zimbabwe Nigeria, Africa’s most populous nation and its largest oil producer, is from all evidence being systematically thrown into chaos and a state of civil war. The recent surprise decision by the government … Continue reading

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Gaza tunnel smuggling OK, says confused Britain

By Stuart Littlewood – Radiofreepalestine. Fuel oil for power generation becomes a black market item. The British government gets hot under the collar at the very thought of Gaza smuggling anything in. So much so, that as Israel’s murderous assault … Continue reading

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France Lobbies for Embargo on Iran Oil

The global price for resources is determined by demand and availability, there would not be anything wrong with this was it not for the fact that the profits that can be made by producing either perceived or actual scarcity of … Continue reading

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