Portside

Petro-states are different from other countries because the fates of their governing institutions are so deeply woven into the boom-and-bust cycles of the international petroleum economy. Now, one thing is finally clear: the business model for these corporatized states is busted. The most basic assumption behind their operation -- that global oil demand will continue to outpace world petroleum supplies and ensure high prices into the foreseeable future -- no longer holds

Romero Jucá, recently appointed planning minister, was recorded saying: `We have to stop this shit. We have to change the government to be able to stop this bleeding - the corruption investigation. The motives and nature of the plot to remove Rousseff are apparent in the transcript of the phone conversation between Jucá - a ally of new president Michel Temer - and Sérgio Machado, former senator who until recently was president of the state oil company, Transpetro.

The judicial coup against President Dilma Rousseff is the culmination of the deepest political crisis in Brazil for 50 years. Dilma's second victory sparked a heated panic among the neoliberal and U.S.-aligned opposition. The fourth consecutive election of a President affiliated to the centre-left PT (Workers' Party) was bad news for the opposition, because it suggested that PT founder Lu¡s In cio Lula da Silva could return in 2018.

Two years ago this month, more than 300 residents of Kure Beach, North Carolina (pop. 2,000), packed town hall to voice their anger with then-Mayor Dean Lambeth's decision to sign a letter supporting seismic testing for offshore oil and gas deposits. The letter was written by America's Energy Forum, a project of the American Petroleum Institute, the industry’s leading trade association.

Fracking is a relatively expensive process—about ten times more costly than the $5 to $6 per barrel cost of drilling oil from conventional wells in Saudi Arabia. By letting the price of oil drop, OPEC, in which Saudi Arabia is the key partner, has been applying financial pressure on the fracking industry.

Twenty years after the execution of Ken Saro-Wiwa and 8 of his comrades, their work continues to inspire ethnic nationalities across the world, showing that it is possible to stand up against a multinational oil company. In all our struggles the message was simple: take on the devil without losing your moral belief in the tools of nonviolence. Ken Saro-Wiwa’s life is a lasting testament to the power of nonviolence, the power of resistance, the power of people.

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Europeans, in order to lessen their dependence on Russian oil and gas, are plotting to develop European controlled solar energy in the Algerian (or Tunisian Sahara). These projects would be done in such a manner as to maintain the core-peripheral relations between France and Algeria - using neo-liberal economic models that the Europeans should own and control the energy sources while the North Africans would get nothing out of the deal. Before it was oil, now solar.

Europeans, in order to lessen their dependence on Russian oil and gas, are plotting to develop European controlled solar energy in the Algerian (or Tunisian Sahara). These projects would be done in such a manner as to maintain the core-peripheral relations between France and Algeria - using neo-liberal economic models that the Europeans should own and control the energy sources while the North Africans would get nothing out of the deal. Before it was oil, now solar.