oil

Venezuelan President Hugo Chávez supported many social programs under "Socialism for the 21st Century" with oil revenue. Photo: <a href="http://www.flickr.com/photos/my_own_view/1287187469/">Nueva Perspectiva (flickr)</a>

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Coming Down from an Oil High

Last week oil prices dipped under $70 a barrel for the first time in over a year. While the lower price may have Americans at the gas pump celebrating, it’s bad news for the leaders of oil-rich countries that made

Brazil is experiencing an economic boom. Photo: <a href="http://www.flickr.com/photos/adam79/1423511472/">adam79 (flickr)</a>

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Brazil's Boom

While much of the world fights off fears of recession and economic stagnation, Brazil is having an economic boom. Its steady growth rate has boosted production and has made Brazil a major player in world trade.

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Oil May Not Grease Friendship

A paper testing the idea that a strong entrepreneurial spirit can indicate a prospective US ally, while oil wealth indicates a divergence of interest.

entrepreneurship

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General Globalization

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Russia and the New Great Game

Russia appears to be perfectly situated in the global scramble to secure energy resources. This position is giving rise to a more assertive and possibly antagonistic Russia.

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Photo: <a href="http://www.flickr.com/photos/johnmphoto/2278645728">JohnMMM (Flickr)</a>

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Ghana: Optimistic About Oil

Typically, the discovery of “black gold” in African countries has led to conflict over land and overwhelms governments with more revenue than can be effectively managed.

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Shady Business in Nigeria

A recent development in oil-rich Nigeria has all but been overlooked in recent news coverage as the violence in Kenya continues

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El petroleo es nuestro!

How do you manage a country's largest national resource so that it creates the largest benefit for its citizens? It's a complicated question — especially when that resource is oil.

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Beyond the Oil Peak

Peak oil may only be decades away and it is time to understand the consequences for an oil-dependent society.

rising oil prices

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The Mixed Blessings of Oil Boom for African Countries

In Africa, oil revenue has the potential to improve the lives of millions.

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Russia Puts Energy Importers Over a Barrel

Current negotiations may redirect large quantities of Russian energy supplies into Asia rather than being sent west to Europe.

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Global Oil Trends

Dwindling oil reserves and shaky relations between producers and consumers has made oil the central concern in today's global marketplace.

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The Rising and Falling Power of Hydrocarbon States

The oil card is good for only a few rounds in the long-term game of international diplomacy.

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Europe and Middle East

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General Globalization

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Time for Congress to Lift OPEC's Immunity

The U.S. House of Representatives is likely to pass a bill that could potentially change the nature of the petroleum industry.

Organization for Petroleum Exporting States

petroleum industry

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Europe and Middle East

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Is Water the Next Oil?

Global warming and a rise in population, pollution and waste, threaten the world's water supply.

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Oil Interests - Chinese President Hu Jintao's Africa Trip

China views Africa as a promising source of oil to support the country's recent surge in energy consumption.

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