7.6.2012
WARRI, Nigeria — The young rebel fighters that once terrorized Nigeria’s oil industry are back, this time armed with an education and ready to work.
There’s just one problem: there aren’t enough jobs.
Anthony said that unless the Nigerian government financially compensates fighters and other communities, his boys are ready to return to battle. He said weapons and soldiers are at the ready — but he won’t say how many.

Read more at GlobalPost

WARRI, Nigeria — The young rebel fighters that once terrorized Nigeria’s oil industry are back, this time armed with an education and ready to work.

There’s just one problem: there aren’t enough jobs.

Anthony said that unless the Nigerian government financially compensates fighters and other communities, his boys are ready to return to battle. He said weapons and soldiers are at the ready — but he won’t say how many.

Read more at GlobalPost

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Posted at 7:07 PM
6.29.2012
Latin America’s biggest economy, Brazil, is betting on vast offshore oil treasures to leapfrog ahead of the world’s top crude producers. But sometimes the obstacles seem too huge for the country to reach its ambitious targets. Meanwhile, the fuel-guzzling United States hopes that a friendly country like Brazil will help wean it off an unhealthy dependency on other, drama-prone oil suppliers. Will Brazil fit the bill?
Read more on GlobalPost.

Latin America’s biggest economy, Brazil, is betting on vast offshore oil treasures to leapfrog ahead of the world’s top crude producers. But sometimes the obstacles seem too huge for the country to reach its ambitious targets. Meanwhile, the fuel-guzzling United States hopes that a friendly country like Brazil will help wean it off an unhealthy dependency on other, drama-prone oil suppliers. Will Brazil fit the bill?

Read more on GlobalPost.

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Posted at 7:10 PM
6.27.2012
Arctic oil drilling to be expanded, says Obama administration
The Obama administration signalled Tuesday that it was readying to grant new Arctic drilling rights to Shell, while putting other areas up for lease.
The Secretary of the Interior, Ken Salazar, said in a conference with reporters that the drilling rights to Alaska’s north coast would likely be granted to Royal Dutch Shell later in the week.
Salazar said that numerous regions in the Arctic near Alaska would go on auction for drilling rights in a “targeted leasing” strategy between now and 2017.
“These resources, if developed safely, can be an important component to the all-of-the-above energy strategy,” said Salazar, reported CNN.
According to the Associated Press, a series of lawsuits and permit appeals have stopped Shell’s plans for drilling in the Chukchi Sea, where it had already spent billions exploring.
Read more on GlobalPost: Germany battles over future of solar
Drilling in the Arctic has been contentious, with critics pointing to the recent BP oil spill as what could happen if drilling is opened in sensitive environmental areas.
“If there would be a problem, which one always has to anticipate, I believe that the response capabilities are there to arrest the problem in a very quick fashion and avoid environmental damage,” Salazar said, according to the Financial Times.
Shell won the permits during the Bush administration but they have yet to be granted by the Obama administration, which is expected to give the go-ahead shortly.
Environmental groups have been opposed to Arctic drilling due to the fragility of the wildlife in the area and because it is little understood how drilling would affect the ecosystem, reported the Los Angeles Times.

Arctic oil drilling to be expanded, says Obama administration

The Obama administration signalled Tuesday that it was readying to grant new Arctic drilling rights to Shell, while putting other areas up for lease.

The Secretary of the Interior, Ken Salazar, said in a conference with reporters that the drilling rights to Alaska’s north coast would likely be granted to Royal Dutch Shell later in the week.

Salazar said that numerous regions in the Arctic near Alaska would go on auction for drilling rights in a “targeted leasing” strategy between now and 2017.

“These resources, if developed safely, can be an important component to the all-of-the-above energy strategy,” said Salazar, reported CNN.

According to the Associated Press, a series of lawsuits and permit appeals have stopped Shell’s plans for drilling in the Chukchi Sea, where it had already spent billions exploring.

Read more on GlobalPostGermany battles over future of solar

Drilling in the Arctic has been contentious, with critics pointing to the recent BP oil spill as what could happen if drilling is opened in sensitive environmental areas.

“If there would be a problem, which one always has to anticipate, I believe that the response capabilities are there to arrest the problem in a very quick fashion and avoid environmental damage,” Salazar said, according to the Financial Times.

Shell won the permits during the Bush administration but they have yet to be granted by the Obama administration, which is expected to give the go-ahead shortly.

Environmental groups have been opposed to Arctic drilling due to the fragility of the wildlife in the area and because it is little understood how drilling would affect the ecosystem, reported the Los Angeles Times.

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Posted at 8:49 AM
6.25.2012
Need to know: Egypt finally has a new president: Mohamed Morsi.
The victory that he and his Muslim Brotherhood party claimed days ago was officially confirmed yesterday. According to Egypt’s electoral commission, Morsi took 51.7 percent to Ahmed Shafiq’s 48.3 percent, defeating his rival by just under 900,000 votes.
“I stand here as first freely elected president of Egypt,” a triumphant Morsi told the nation. “I couldn’t be here without god’s blessing, and the sacrifices of others… Egypt needs to unite forces.”
As GlobalPost witnessed in Cairo, Morsi’s victory was greeted with fireworks and dancing in Tahrir Square, where supporters hailed it as a triumph of the revolution over the regime. Yet for all the jubilation, Egypt’s new president faces an uphill battle in the quest to govern free of military rule — and in a deeply polarized nation in the midst of profound, ongoing upheaval.
Want to know: Several senior members of the Syrian military have defected to Turkey, Turkish media is reporting.
More than 30 servicemen, including a general, two colonels and two majors, are said to have crossed the border into southern Turkey last night. If so, they’re among more than 33,000 Syrians who have sought refuge in Turkey since the anti-government uprising began last spring.
The reported defections come as Turkey prepares to announce what action it will take after Syria shot down one of its jets. Ankara says the plane was in international airspace; Damascus claims it was trespassing. The Turkish cabinet meets today to discuss their response. NATO will hold an emergency summit the day after. 
Dull but important: Indian police have arrested a man suspected of playing a key role in the 2008 terrorist attacks on Mumbai.
The man identified variously as Abu Hamza, Sayeed Zabi ud Deen and Abu Jindal was detained at Delhi airport as he arrived on a flight from the Gulf. An Indian national, he is accused of acting as the “handler” of the ten gunmen who stormed Mumbai’s main railway station and several hotels in late November 2008, killing 166 people and injuring 300.
While Jindal is thought to have been Pakistan during the 60-hour assault, police believe he gave the attackers instructions via telephone – and even taught them Hindi beforehand so they could blend in with the local population.
Just because: When Brazil discovered massive offshore crude oil reserves in 2007, the president at the time said the find “proves God is Brazilian.”
The deepwater deposits – the America’s biggest oil find in three decades – have the potential to make Brazil one of the largest oil producers in the world, and a global energy power.
The target market: the United States, which hopes that a friendly, oil-rich neighbor like Brazil could be the solution to its unhealthy dependency on other, more volatile suppliers. Not to mention the profits that an oil boom could make for US companies.
In a new series, Crude Awakening, GlobalPost ask whether Brazil can meet its ambitious targets – and what stands to get in the way.
Strange but true: Goodbye Lonesome George, the last of the Galapagos Islands’ Pinta tortoises.
The giant tortoise, the only known member of his subspecies, was found dead yesterday at the Galapagos National Park in Ecuador. He is thought to have been around 100 years old, which in tortoise terms made him a young adult.
Conservationists’ attempts to get George to reproduce were never successful. With his death, we lose not only a symbol of one of the world’s most unique habitats, but an entire subspecies.

Need to know:
Egypt finally has a new president: Mohamed Morsi.

The victory that he and his Muslim Brotherhood party claimed days ago was officially confirmed yesterday. According to Egypt’s electoral commission, Morsi took 51.7 percent to Ahmed Shafiq’s 48.3 percent, defeating his rival by just under 900,000 votes.

“I stand here as first freely elected president of Egypt,” a triumphant Morsi told the nation. “I couldn’t be here without god’s blessing, and the sacrifices of others… Egypt needs to unite forces.”

As GlobalPost witnessed in Cairo, Morsi’s victory was greeted with fireworks and dancing in Tahrir Square, where supporters hailed it as a triumph of the revolution over the regime. Yet for all the jubilation, Egypt’s new president faces an uphill battle in the quest to govern free of military rule — and in a deeply polarized nation in the midst of profound, ongoing upheaval.

Want to know:
Several senior members of the Syrian military have defected to Turkey, Turkish media is reporting.

More than 30 servicemen, including a general, two colonels and two majors, are said to have crossed the border into southern Turkey last night. If so, they’re among more than 33,000 Syrians who have sought refuge in Turkey since the anti-government uprising began last spring.

The reported defections come as Turkey prepares to announce what action it will take after Syria shot down one of its jets. Ankara says the plane was in international airspace; Damascus claims it was trespassing. The Turkish cabinet meets today to discuss their response. NATO will hold an emergency summit the day after. 

Dull but important:
Indian police have arrested a man suspected of playing a key role in the 2008 terrorist attacks on Mumbai.

The man identified variously as Abu Hamza, Sayeed Zabi ud Deen and Abu Jindal was detained at Delhi airport as he arrived on a flight from the Gulf. An Indian national, he is accused of acting as the “handler” of the ten gunmen who stormed Mumbai’s main railway station and several hotels in late November 2008, killing 166 people and injuring 300.

While Jindal is thought to have been Pakistan during the 60-hour assault, police believe he gave the attackers instructions via telephone – and even taught them Hindi beforehand so they could blend in with the local population.

Just because:
When Brazil discovered massive offshore crude oil reserves in 2007, the president at the time said the find “proves God is Brazilian.”

The deepwater deposits – the America’s biggest oil find in three decades – have the potential to make Brazil one of the largest oil producers in the world, and a global energy power.

The target market: the United States, which hopes that a friendly, oil-rich neighbor like Brazil could be the solution to its unhealthy dependency on other, more volatile suppliers. Not to mention the profits that an oil boom could make for US companies.

In a new series, Crude Awakening, GlobalPost ask whether Brazil can meet its ambitious targets – and what stands to get in the way.

Strange but true:
Goodbye Lonesome George, the last of the Galapagos Islands’ Pinta tortoises.

The giant tortoise, the only known member of his subspecies, was found dead yesterday at the Galapagos National Park in Ecuador. He is thought to have been around 100 years old, which in tortoise terms made him a young adult.

Conservationists’ attempts to get George to reproduce were never successful. With his death, we lose not only a symbol of one of the world’s most unique habitats, but an entire subspecies.

4 notes
Permalink
Posted at 1:20 PM
6.25.2012
Crude Awakening. 
Latin America’s biggest economy, Brazil, is betting on vast offshore oil treasures to leapfrog ahead of the world’s top crude producers. But sometimes the obstacles seem too huge for the country to reach its ambitious targets. Meanwhile, the fuel-guzzling United States hopes that a friendly country like Brazil will help wean it off an unhealthy dependency on other, drama-prone oil suppliers. Will Brazil fit the bill?
Click here for the interactive infographics. 

Crude Awakening. 

Latin America’s biggest economy, Brazil, is betting on vast offshore oil treasures to leapfrog ahead of the world’s top crude producers. But sometimes the obstacles seem too huge for the country to reach its ambitious targets. Meanwhile, the fuel-guzzling United States hopes that a friendly country like Brazil will help wean it off an unhealthy dependency on other, drama-prone oil suppliers. Will Brazil fit the bill?

Click here for the interactive infographics. 

4 notes
Permalink
Posted at 9:39 AM