Keyword: oil curse

Al Jazeera on Oil Companies: The New Scramble for Africa's Oil

Picture: As seen on Al Jazeera. Video Al Jazeera has released the second of a four-part series that reveals how a secret pact formed a cartel, the Seven Sisters, which controls the world's oil. At the end of the 1960s, the world’s major oil companies controlled 85 percent of the world's oil reserves. Today, they control just 10 percent. New hunting grounds are therefore required, and the Sisters have turned their gaze towards Africa. In their bid to dominate Africa, the Sisters installed a king in Libya, a dictator in...

Has Obama Just Kicked Off Another Oil War -- This Time in Africa?

Picture: Alternet Steve Horn - Here's what is likely behind Obama's decision to send special forces to Uganda. On Friday, October 14, President Barack Obama announced he would be sending 100 Joint Special Operations Command (JSOC) forces to Uganda to "remove from the battlefield" (meaning capture or kill) the leader of the Lord's Resistance Army (LRA), Joseph Kony. "I believe that deploying these U.S. Armed Forces furthers U.S. national security interests and foreign policy and will be a significant...