
New research out of Kuwait, using a new method of calculating the crude oil production potential of 47 of the world’s largest oil producing countries, has found that peak oil — the period in time when oil production reaches a maximum and then begins to decline — will come much sooner than expected… 2014 to be exact.
Read more of this story »
Link to Source
LIMA, Mar 9 (IPS) - Although the Peruvian government reported that it
had suspended the exploration activities of the Afrodita mining
company in the country's northern Amazon jungle region to
avoid further protests by local indigenous people, officials took
no actual steps to bring the firm's work to a halt.
Link to Source
QUITO, Mar 9 (IPS) - Science fiction blockbuster Avatar was the big
loser in the Oscar awards ceremony - not only a blow for director
James Cameron but also seen as a symbolic reverse in the struggle
to recover Amazon rainforest areas in Ecuador from the effects of
oil pollution.
Link to Source