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Leaders attending the annual Rainbow PUSH Coalition conference on Monday called for a boycott of oil giant BP PLC, a conference sponsor, and for a renewed focus on increasing minority representation on national television news channels, including CNN.
Venezuela's state oil monopoly, PDVSA, one of the biggest companies in the Southern Hemisphere, is facing the challenge of holding onto its status as one of the world's leading oil firms after a two-month lockout that crippled output and the dismissal of nearly half of the company's executives.
The World Bank should revamp its lending policies for mining, oil and gas projects to avoid corruption, mismanagement and poor economic performance spreading in countries that rely on such industries, says a confidential study by the Bank's internal review body.
MOSCOW, Apr. 1 (IPS) -- Moscow is planning to develop new markets in Asia for its crude oil and become an alternative to the volatile Middle East. In the blueprint are big pipeline projects to boost its oil exports to countries such as Japan -- the second biggest importer of oil in the world after the United States -- and China, the world's third largest oil consumer.
Nigeria's petroleum industry may not benefit from the bombardment of Iraq by the United Stated-led coalition after ethnic clashes last week forced multi-national companies to shut down of operations in Warri, one of the major oil-producing cities in the Niger Delta region.
The invasion of Iraq hasn't even begun and already Rubar Sandi is drawing up post-war plans to repair decrepit oil wells, overhaul the financial services sector and revamp its economy.
While the Bush Administration relentlessly pushes for war in Iraq, they continue to fan the flames of oil wars and corporate terror around the world, and Colombia is proving to be ground zero in the other front of the War on Terrorism.
We take a look at the geopolitics of oil and the role they play in Washington's war on Iraq.
Lord Browne, the chief executive of BP, is facing a possible grilling by the US federal safety watchdog over last year's explosion at the oil giant's Texas refinery, which killed 15 people.
ORGANIZE a demonstration for peace at your local gas station, on February 4th. On that day, hundreds of gas stations across the country and around the world will be targeted as we send a clear message that access to oil is not worth war.
Former South African president Nelson Mandela has criticised US President George W Bush over Iraq, saying the sole reason for a possible US-led attack would be to gain control of Iraqi oil.
Oil field services company Halliburton Co. expects net income and earnings per share to double over the next three to five years, Chief Financial Officer Cris Gaut said today.
The World Bank has frozen the distribution of $225m in loans to Venezuela's oil industry until the country ''normalises''.