Tag Archives | Oil

Texaco operations in Ecuador from 1962 to 1994 dumped 70 billion litres of “wastewater”, heavily contaminated with oil and other chemicals, into the Amazon rainforest, plus over 650,000 barrels of crude oil. They polluted over 800,000 hectares.

Venezuela has doubled its oil production over the past months thanks to Iran’s help in defiance of U.S. sanctions against Caracas, oil industry analysts say.

Last month, Nigeria’s President Muhammadu Buhari wrote an op-ed in the Financial Times. It might as well have been written by the Pentagon. Buhari promoted Brand Nigeria, auctioning the country’s military services to Western powers, telling readers that Nigeria would lead Africa’s “war on terror” in exchange for foreign infrastructure investment.

When the big shutdown finally takes hold in the Bakken, the frackers will have gone and most wells abandoned, and people in the region will still have to deal with the illegal trash dumps, polluted streams, health problems, and other unfortunate effects of the boom.

ExxonMobil, one of the world’s largest oil companies (newly merged in 1998), signed an agreement with the government of Guyana in 1999 to develop the Stabroek block, which is off the coast of the disputed Essequibo region.

U.S. Secretary of State Mike Pompeo completed a whirlwind tour of Surinam, Guyana, Brazil and Colombia to boost anti-Venezuela efforts.

Venezuelan crude exports on track for 70 year low as Washington continues to target tankers and shipping companies.

While gaining control of key resources for partitioning Syria and destabilizing the government in Damascus, the U.S.’ main goal in occupying the oil and water rich northeastern Syria is aimed not at Syria but at Iran.