MATADOR NINETY-FOUR

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Entries Tagged as 'Oil'

The Fateful Geological Prize Called Haiti

January 31st, 2010 · No Comments

Behind the smoke, rubble and unending drama of human tragedy in the hapless Caribbean country, a drama is in full play for control of what geophysicists believe may be one of the world’s richest zones for hydrocarbons-oil and gas outside the Middle East, possibly orders of magnitude greater than that of nearby Venezuela.

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Tags: Haiti · Oil

USGS claims Venezuela sits on Earth’s largest oil reserves

January 24th, 2010 · No Comments

The Orinoco Belt, situated squarely underneath the South American nation, may hold some 513 billion barrels of crude oil, according to a new report by the U.S. Geological Survey (USGS)

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Tags: Latin America · Oil · Venezuela

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