A US judge has ordered that ExxonMobil must face a lawsuit launched by Indonesian villagers. The villagers, from Aceh, say the oil giant has contributed to human rights abuses committed by Indonesian military personnel.
(Via the WSJ Law Blog.)
Latest Updates: energy RSS
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thabet
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Turkey pulls out of deal to buy Iranian gas ‘under pressure from US’.
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Russia wants “regime change” in Georgia, says US.
Steve LeVine puts this conflict into context — it is all part of the ongoing ‘pipeline wars’.
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BG Group has resumed talks with Israel over developing a gas field off the coast of Gaza.
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thabet
First, we needed their oil.
Now, we need their sunshine.
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thabet
Oil price reaches nearly $139.
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Lawrence of Arabia
it seems to me that those in the u.s. who wish to secure energy independence from the middle east have put little thought into what the world is going to look like when the great oil producing countries are no longer receiving revenues from that source. when the wells finally run dry, the collapse of several national economies cannot possibly be a pretty picture, it seems to me.
saudi arabia, et al., should squeeze every dollar and euro out of their wells that they possibly can while they can because they could be looking at a very bleak economic future.
