control of oil
Mass protests shake Baghdad regime
Following weeks of mounting protests over economic conditions and corruption, tens of thousands took to the streets of Baghdad Aug. 7, filling Tahrir Square to demand basic services including electricity in the midst of a crushing heat-wave. The protest had the support of all Iraq's Shi'ite factions—in a challenge to Prime Minister Haidar al-Abadi from his own constituency. Even parliament speaker Saleem al-Jubouri called on Abadi to dismiss of a number of ministers accused of corruption related to a budget-cutting package that just passed, under pressure from fallling oil prices. Large protests were also reported from across Iraq's Shi'ite south, including in the cities of Basra, Najaf, Karbala and Nasiriyah. A week earlier, secular and left-wing groups held a smaller protest in Tahrir Square. But the leftists also had a contingent at the Aug. 7 march, chanting "Secularism, secularism, no to Sunni, no to Shia." (In Defense of Marxism, Aug. 10; AP, Aug. 7)
Russia files revised bid for arctic territory
Russia's Ministry of Foreign Affairs on Aug. 4 announced they have submitted a revised bid claiming over 350 nautical miles of Arctic sea shelf to the UN Commission on the Limits of the Continental Shelf (CLCS). The country's previous bids in 2001 were rejected for lack of evidence. Under Article 76 of the UN Convention on the Law of the Sea (PDF), Russia now argues it has a right to extend its control up to 350 nautical miles. Canada, Norway, Denmark and the US are also attempting to claim territories in the Arctic. The sea shelf is believed to hold a large amount of oil and gas which Russia estimates could be worth up to $30 trillion.
Anishinaabe 'Water Walk' against pipeline plan
A group of First Nations activists in northwestern Ontario are walking 125 kilometers of the proposed Energy East pipeline route to demonstrate their opposition to TransCanada's plan to convert the natural gas pipeline to transport oil. The walk began at Eagle Lake First Nation, near Dryden, Ont., on Aug. 3 and is expected to arrive at Shoal Lake 39 First Nation, west of Kenora, Ont. this weekend. The Anishinaabe protesters cite concerns for the region's waters in the event of pipeline leaks, and are calling the cross-country march the "Water Walk." TransCanada on July 29 announced that the company has reached an "engagement" agreement with Grand Council Treaty 3, which represents First Nations in the region. But Treaty 3 Grand Chief Warren White said the agreement does not mean that the Treaty 3 nations support the project, only that the company will "share information and listen to the people." At least one Treaty 3 chief is openly opposed to the pipeline. Shoal Lake 39 First Nation Chief Fawn Wapioke is taking part in the Water Walk. "Water is life," she said in a news release at the start of the walk. "Our Anishinaabe laws and values tell us everything we need to know about Energy East that is why we say no." (CBC, Aug. 5)
China allows first pollution suit under new law
China's Qingdao Maritime Court on July 27 ruled that a lawsuit against ConocoPhillips China and China National Offshore Oil for a 2011 oil spill can proceed. The suit was brought by the China Biodiversity Conservation and Green Development Foundation and it the first case to proceed since the country revised a law (LoC backgrounder) allowing NGOs to directly sue polluters in the public interest. The Chinese government has already fined the companies approximately $258 million for the spill. Other cases are also pending under the law, which became effective on Jan. 1.
Ice Age fears: don't believe the hype
Russia Today on July 12 announces breathlessly: "Earth is facing the prospect of a 'mini ice age' this century, with our sun's activity projected to fall 60 percent in the 2030s, British astrophysicists say, based on the results of new research that they claim allows exact predictions of solar cycles." The scientists in question are a team from Northumbria University led by a Professor Valentina Zharkova. While the lead researcher's nice Russian name must be appealing to RT, there are other aspects of the story that doubtless make it even more irresistible. We smell Putin propaganda to allow him to go on exploiting Arctic oil without having to worry about contributing to global warming. Why have we seen this reported in few sources other than the unreliable (and state-controlled) RT?
Mexico sells offshore oil blocs, but majors are shy
For the first time in nearly 80 years, Mexico opened its oil industry to foreign companies, offering 14 offshore exploration blocs in a July 15 auction. However, only two of the blocs were sold, falling short of expectations. ExxonMobil, Chevron and Total all passed on the first 14 shallow-water oil blocs in the Gulf of Mexico. A consortium of Mexico-based Sierra Oil & Gas, Texas-based Talos Energy and UK-based Premier Oil Plc won Bloc No. 2 after the first bloc didn't receive a bid, Mexico's National Hydrocarbons Commission and Energy Secretariat announced. Only nine companies took part in the auction, fewer than the 25 originally planned. A larger auction is planned for next month. The blocs are near the US-Mexico transboundary waters, and close to some of the most significant discoveries of the past 15 years on the US side. A new Hydrocarbon Law, allowing for production-sharing and profit-sharing, was instated in 2014. Over the past decade, Mexico has fallen from the world's fifth oil producer to tenth. (FuelFix, July 16; FuelFix, BBC News, July 15; WSJ, July 12)
Greece seeks 'security axis' with Cyprus, Israel
Greece is in turmoil over what can only be seen as the ruling Syriza party's bait-and-switch: the government called a referendum on the EU-mandated austerity plan, voters said "No," and then the administration went ahead and agreed to a similar plan, sparking the worst riots in Athens in years. Finance Minister Yanis Varoufakis stepped down, and most Syriza MPs have broken with Prime Minister Alexis Tsipras. Amid all this, the Jerusalem Post reports more news that will alienate Tsipras from his leftist base. It seems that on July 6, Tsipras' Foreign Minister Nikos Kotzias spoke in Jerusalem of developing what the JP calls an "axis of security" (uncertain if Kotzias himself used that phrase) made up of Greece, Cyprus and Israel. This is an ostensible response to what Kotzias called a "triangle of destabilization" delineated by Ukraine, Libya and Iraq/Syria. "We have to create inside this triangle a security and stability framework, and the relations between Israel, Cyprus and Greece are very important," Kotzias said. "I call it the stabilization line in this area."
Vietnam tilts to US in Pacific 'Great Game'
Here's another one to file under "Life's little ironies." Vietnam's Communist Party boss Nguyen Phu Trong (the country's "paramount leader") meets with Obama at the White House—a first, coming exactly 20 years after US-Hanoi diplomatic relations were restored. Why now? The Washington Post flatly states that Obama "is seeking to reconfigure a historically difficult relationship with Vietnam into a strategic partnership against China." White House officials "said Hanoi has been signaling interest in forging deeper economic and military ties with the United States," and also emphasized that Vietnam "is among the 12 nations involved in an expansive Pacific Rim trade pact." That's the Trans-Pacific Partnership—which is nearly openly conceived as a counter-measure to China's economic rise.
Recent Updates
2 days 20 hours ago
2 days 20 hours ago
2 days 20 hours ago
2 days 20 hours ago
2 days 20 hours ago
2 days 21 hours ago
6 days 54 min ago
6 days 4 hours ago
6 days 21 hours ago
6 days 21 hours ago