Oilgame

This can be described as the battle between nationalization and privatization, between national interest and transnational authority, oil supplier’s countries and the non-oil suppliers and Venezuelan pride and US hegemony. While rising oil prices is...

American energy firms Exxon Mobil and Conoco Phillips have rejected Venezuelan government offer to work with the state-run Petroleos de Venezuela, S.A. Venezuela has nationalized its oil industry and told international companies to either partner..

The vicious side of global warming is apparent to all and most of the nations are pledged to take possible measures on it. Oil drillers are widely criticized and pressurized to minimize their proven role in it. After decades of environmentalists'...

Exxon Mobil, the world's biggest oil company, which earned a record $39.5 billion last year, plans to spend to the tune of $21 billion exploring for oil and expanding refineries this year as a worldwide shortage of drilling rigs inflates costs. The...

To curve the global warming, U.S government order to limit the carbon emissions to possible limit, as it has became a threat to the world. While addressing the congress, President Bush emphases on the new policy, which would be suggests all measures..

Foreign oil companies are finding it tough to ward off increasing pressure in Latin America as Honduras and Venezuela try to wield greater control over energy sector. However, U.S. oil firms have said that they will maintain their presence in...