Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Tuesday, January 31, 2012

#GoldforOil



India bypassed U.S. sanctions against Iran by agreeing to pay Tehran gold for oil.
China is soon to follow. This will surely have damaging effects on the U.S. Dollar.

Update 2.7.2012: Someone did not want everybody to know about
#GoldforOil so they have re-released the 'official terms of the deal'.

 Update 11.13.2012: The above article has been slgihtly 'removed' from the Internet,
 which seems pretty strange.  So I have another article/link for you here.

Friday, June 25, 2010

Wednesday, June 16, 2010

Wednesday, June 9, 2010

Monday, June 7, 2010

Saturday, June 5, 2010

Niger delta oil spills

With 606 oilfields, the Niger delta supplies 40% of all the crude the United States imports and is the world capital of oil pollution. Life expectancy in its rural communities has fallen to little more than 40 years.
Locals blame the oil that pollutes their land and can scarcely believe the contrast with the steps taken by BP and the US government to try to stop the Gulf oil leak and to protect the Louisiana shoreline from pollution.
"If this Gulf accident had happened in Nigeria, neither the government nor the company would have paid
much attention," said the writer Ben Ikari, a member of the Ogoni people. "This kind of spill happens all
the time in the delta."

Source

Sunday, May 30, 2010

Gas need

Friday, May 21, 2010

'Oceansize'



What if the oil spilled on us ?

Monday, May 10, 2010

Wednesday, January 27, 2010

Oil in Haiti

Since the early twentieth century the physical and political map of the island of Haiti, erected in 1908 by Alexander Poujol and Henry Thomasset, reported a major oil reservoir in Haiti near the source of the Rio Todo El Mondo better known today as the River Thomonde. The deposit of oil in question straddles the boundary between the boroughs of Hinche and Mirebalais in a mountainous area located at the foot of the chain of the Black Mountains, due west of Thomond.
map of oil in Haiti
On June 2nd of last year, Chevron Corporation announced that it had entered into a securities purchase agreement to sell its fuels marketing businesses in Haiti to Medley Capital Limited, which is owned by GB Group. GB is a Haiti-based industrial group with core holdings in energy, steel and food products. Some of
the items discussed in this press release were forward-looking statements about Chevron's activities in
Haiti. Words such as "anticipates," "expects," "intends," "targets," "projects," and "believes," were used to describe future plans. Under the terms of the agreement, Medley Capital Limited would acquire 58 service stations, a portfolio of approximately 120 commercial and industrial customers, and other lines of business. Other terms of the agreement were not disclosed.

Reference 1, Reference 2, Reference 3