Obama May Have Just Dealt A Crushing Blow To Russia’s Oil Exploration
New U.S. sanctions handed down on Friday are designed to effectively “shut off” Russian oil conglomerates from oil exploration projects, U.
Oil
China Deploys Soldiers to South Sudan to Protect Oil Interests
China is deploying 700 soldiers to South Sudan to protect the only oil fields “still under control of the central government in Juba.” The soldiers will also protect “Chinese workers and installations.” The soldiers join a United Nations peacekeeping force and “will operate under UN command.
Scotland Nationalists Claim U.K. Oil In 40-Year Campaign
The discovery of North Sea riches in the 1970s planted the seed of modern-day Scottish nationalism as supporters of independence cried “It’s our oil!” Four decades later, nothing will be more important to the economic future of Scotland than the oil industry should the country vote to end the 307-year union with the rest of the U.K.
