Tag: petroleum
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Equatorial Guinea: Oil Wealth Squandered and Stolen #guyana
manna from heaven guyana 🙂 sounds familiar? The 85-page report, “‘Manna From Heaven’?: How Health and Education Pay the Price for Self-Dealing in Equatorial Guinea,” reveals that the government spent only 2 to 3 percent of its annual budget on health and education in 2008 and 2011, the years for which data is available, while…
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Exxon 1.4 billion settlement against Venezuela overturned by International Center for Settlement of Investment Disputes
study this dispute and you will know why exxon is drilling for oil in Guyana. the original ruling was based on a ‘dispute’ between Exxon and the Bolivar republic over 1.5 billion barrels of heavy crude at operadora cerro negro, orinocco delta. this is circa 2007 when hugo chavez decided to nationalise his counttys resources.…
simple farmer 