The Andes
Ecuador reaches settlement with Oxy Petroleum
Ecuador will pay $1 billion to US oil giant Occidental following a settlement in a case over cancellation of a massive contract in the Amazon basin.
Tag: control of oil
North Africa
Libya: ISIS attacks oil export terminals
At least two members of Libya's Petroleum Facilities Guard were killed as ISIS militants launched coordinated attacks on the Sidra and Ras Lanouf oil export terminals.
The Andes
Bolivia: first woman serves as military commander
For the first time, a woman was sworn in as chief of Bolivia's military High Command, Gen. Gina Reque Terán—ironically, daughter of the general who led the hunt for Che Guevara.
Greater Middle East
Syria and Ukraine wars headed for convergence?
Russian naval forces got in a confrontation with Turkish vessels in the Black Sea, with control of contested oil platforms off the Crimean Peninsula at issue.
Central Asia
Russo-Turkish pipeline route on hold amid crisis
With Moscow threatening sanctions against Turkey, plans for a Russo-Turkish free trade zone and joint gas pipeline route appear be on hold.
North Africa
Glencore secures Libya oil contract
Global commodities giant Glencore signed a deal with Libya's state oil company—which is now divided into feuding branches loyal to the country's rival regimes.
North Africa
Libya: oil output plummets as rival regimes fight
Libya's oil output dropped to a record low after the government in the east sent troops to shut down an export terminal controlled by the rival regime in the west.
Planet Watch
Obama and the KXL-TPP contradiction
Obama nixed the Keystone XL pipeline a day after announcing he will sign the Trans-Pacific Partnership—which includes mechanisms for challenging the KXL cancellation.
Southeast Asia
Hague to rule in South China Sea dispute
Amid US brinkmanship in the South China Sea, a UN arbitration court agreed to hear the Philippines' challenge of Beijing's territorial claims.
Africa
South Sudan: oil wealth as threat to peace plan
South Sudan's opposition charges that a plan by President Salva Kiir to redraw the country's internal borders aims at keeping oil wealth in the hands of his Dinka followers.
Planet Watch
Retreat on Arctic drilling —push to open ANWR
The Interior Department announced the cancellation of two pending Arctic offshore lease sales—as Alaska's governor makes a new push to open the ANWR to oil companies.
Greater Middle East
AKP-ISIS collaboration in Ankara massacre?
Several PKK sympathizers have been arrested in connection with the Ankara suicide blasts—but the Turkish left charges that the ruling AKP collaborated with ISIS in the attack.