Russian Oil Saves Sri Lanka From Energy Crisis

Russian Oil Saves Sri Lanka From Energy Crisis

Considering that Sri Lanka owes more than $50 billion in foreign debt, it remains uncertain how it compensated for the Russian crude. But the deal has been done as Russian oil is saving Sri Lanka from an energy crisis.

Sri Lanka Has Only One Day Of Petrol Left

Sri Lanka Has Only One Day Of Petrol Left

Sri Lanka merely has enough petrol to span a single day, and the country’s new prime minister has cautioned that power shortages could last up to 15 hours every day, as it confront its biggest economic crisis ever since independence in 1948.

How American Fuel Is Choking India

How American fuel is choking India

U.S. oil refineries that are unable to sell a dirty fuel waste product at home are exporting vast quantities of it to India instead. In 2016, the U.S. sent more than 8 million metric tons of dirty petcoke to India. That’s about 20 times more than in 2010, and enough to fill the Empire State […]

Holy Cow – Solution To India’s Energy Crisis: Part II

In the first part of this Energy Crisis Series: India’s Dependence On Oil & A Solution For A Sustainable Future we saw how after Independence, India has slowly descended from energy sufficiency into an oil dependent energy slavery economy through the model of unsustainable development advocated by the west and adopted by India. While India abandoned […]

Energy Geopolitics – An Overview

Global oil prices have fallen sharply over the past seven months, leading to significant revenue shortfalls in many energy exporting nations however it has been seen as an opportunity for energy importing countries. From 2010 until mid-2014, world oil prices had been fairly stable, at around $110 a barrel. But since June prices have more […]