Tag: control of oil

The Andes

Bolivia hosts ‘Gas OPEC’ summit —amid dissension

The summit of the Gas Exporting Countries Forum (GECF) opened in the Bolivian city of Santa Cruz—central hub of the country's hydrocarbon-rich eastern lowlands. President Evo Morales took the opportunity to boast of his "nationalization" of Bolivia's hydrocarbon resources. But in addition to pressure from his populist base for greater state control over the hydrocarbons, Morales faces ecologist and indigenist dissidents who reject continued reliance on an extractivist model altogether.

Iraq

Iraqi forces take Kirkuk, lower Kurdistan flag

Iraqi government forces, including elite troops of the US-trained Counter Terrorism Service and irregulars of the Shi'ite militia Hashd al-Shaabi, have taken the disputed city of Kirkuk, and its nearby military bases and oilfields. Prime Minister Haider al-Abadi ordered Iraqi forces take down the Kurdistan flag in the city, and hoist only the Iraqi national flag. Thousands of Kurdish civilians have fled the city, heading toward  territory within the official borders of the Kurdistan Region.

The Amazon

China wins contract for Amazon mega-project

Peru's Transport and Communications Ministry signed a contract with Chinese state-owned engineering giant SinoHydro to build the Hidrovía Amazónica, a mega-project aimed at turning the major rivers of the Amazon into arteries for delivering the resources of the rainforest basin to foreign markets. The government claims to have carried out a "prior consultation" with impacted communities along the rivers, having won 40 agreements to proceed with work.

Africa

Ruling for Ghana in Ivory Coast boundary dispute

The International Tribunal for the Law of the Sea ruled in favor of Ghana in a lengthy maritime dispute with Ivory Coast. The case, which was brought to the international body by Ghana in 2014, was an attempt to clarify the boundary between the two countries, as both countries were vying for control of offshore oil leases in the contested area.

The Andes

Venezuela drops petro-dollar: how meaningful?

Venezuela, under growing pressure from US sanctions, has told oil traders that it is dropping petro-dollars for petro-euros and petro-yuans. Despite the instinct to cheer the decline of US world domination, will this make any real difference—either to Venezuela, still dependent on oil exports in a world of depressed prices, or to Planet Earth, facing biosphere collapse as a result of burning hydrocarbons?

Iraq

Kirkuk at question in Kurdish independence vote

Baghdad and Iraq's Kurdistan Region are at odds over the referendum on Kurdish indpendence to be held this month. A particular sticking point is the inclusion of oil-rich Kirkuk in the vote—not within the Kurdistan Regional Government's formal borders, but under its de facto control since Kurdish forces occupied the city with the collapse of the Iraqi army during the ISIS offensive of June 2014.

Planet Watch

Control of oil at issue in NAFTA re-negotiation

As "NAFTA 2.0" negotiations open, a provision that essentially locks in Canada's current levels of oil exports to the US is drawing opposition from unlikely allies across the Canadian political spectrum but winning staunch support in the country's petroleum industry.

The Andes

Venezuela: is the problem really ‘socialism’?

There is an unseemly tone of gloating to conservative commentary on the crisis in Venezuela, with pundits pointing to the current chaos as evidence that "socialism" doesn't work. But a case can be made that, contrary to conservative and mainstream assumptions, the problem is precisely that the Bolivarian Revolution has been insufficiently revolutionary and socialist.

The Andes

Venezuela: independent left rejects both sides

Venezuela's marginal but growing independent left has staked out a position rejecting Maduro's constitutional reform but also rejecting the right-wing leadership of the opposition. The Chavismo Crítico current held a press conference before the vote, pledging to struggle "for the re-establishment of the validity" of the 1999 constitution, the "rescue of the best of our revolution," and "overcoming the grave errors and deviations of those who pretend to serve as its political leadership."

Planet Watch

Victory for Inuit sea rights in Canadian high court

The Supreme Court of Canada ruled unanimously in favor of the Inuit community of Clyde River, Nunavut, which has for the past three years fought to stop seismic testing in their Arctic waters. The Court found that the Inuit were not properly consulted on the oil exploration project off Baffin Island. The decision nullified a seismic testing permit issued by the National Energy Board.

Europe

Ukraine says Russia behind global cyber-attack

The Security Service of Ukraine stated that the hackers behind the recent global cyber-attack are the same Kremlin-backed outfit that conducted an attack on Ukraine's power grid in December.

Iraq

Iraq: Kurdistan to vote on independence

Authorities in Iraq's autonomous Kurdish region announced that a referendum on independence will be held in September—drawing immediate harsh criticism from Baghdad.