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liz solomon

Brazil Takes More Control of Oil Fields, With Long-Term Risks - NYTimes.com - 0 views

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    The Brazilian Government is starting to directly control oil extraction in order to put their global power status in place. Brazil hopes for Petrobas, a national oil company, to take control of the deep sea oil fields. Although Brazil is still struggling with poverty, illiteracy and inequality, they hope to increase their oil production to 5.7 million barrels a day by 2020.
Arabica Robusta

The Chevron Pit: After 18 Years Of Waiting, Justice Is Served! - 0 views

  • Few legal experts expected the case to get this far. The plaintiffs first sued Texaco in New York in 1993. Texaco, and later Chevron, successfully argued that the case should instead be heard in Ecuador, which was then run by a government seen as friendly to American business interests.
    • Arabica Robusta
       
      "Few legal experts expected case to get this far [because of business-friendly government]."  However, in the next paragraph, Chevron accuses Correa government of "interference."  Clearly, Chevron and allies consider interference to only mean situations where government is against Chevron interests (even when government supports interests of its own people).
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