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Oil

Iranian Oil Workers Organize the Country’s Biggest Strikes since the Iranian Revolution

For almost a month, Iranian oil workers, along with workers in other industries, have organized demonstrations and wildcat strikes in response to a dire economic and health crisis accentuated by U.S. sanctions.

Maryam Alaniz

July 15, 2021

U.S. Senators and Oil Multinationals are Debating Whether to Impose Sanctions on Myanmar to Protect Imperialist Interests

U.S. senators are lobbying Joe Biden to impose sanctions on Myanmar's oil industry despite lobbying from oil and gas multinationals such as Chevron and Total.

Philippe Alcoy

May 2, 2021

Armenia and Azerbaijan: On the Brink of War Again?

The clashes in the separatist region of Nagorno-Karabakh in Azerbaijan could turn into a full-scale conflict involving other regional powers. With economic, health, and ecological crises rising worldwide, geopolitical conflicts and capitalist aggression will also increase.

Philippe Alcoy

September 29, 2020

Turkey and Greece Face Off for Oil and Gas in the Eastern Mediterranean

The dispute for the control over hydrocarbons discovered at the bottom of the Mediterranean is re-configuring the links between two powers that are at a crossroads while also facing severe domestic issues.

Salvador Soler

September 9, 2020

Marx Was Right: Reflections on the Imperialist Oil Crisis

What can Marxism tell us about the current oil crisis?

Felix Melita

April 28, 2020

Trump Threatens War with Iran for Oil

The price of oil has been collapsing, and last week it reached negative values. Trump’s threats to Iran were enough to cause a rebound in prices. But the effects were short-lived. They expose Trump’s return to “America First” politics in the midst of the pandemic and crisis, signaling the rivalries and competition between powers in the coming period.

Claudia Cinatti

April 27, 2020

The Plunder of Venezuela’s Oil

International corporations are trying to pillage Venezuelan oil, taking advantage of the economic catastrophe ravaging the country. Plans for privatization are supported by the Maduro government and the right-wing opposition.

Milton D'León

February 14, 2020

Fossil Fuel Industry Booms, Schools Go Bust in OK

Oklahoma has seen an explosion in natural gas extraction over the past decade. Yet state legislators cut education funding by 28 percent in the same period. What happened?

Robert Belano

April 4, 2018

Against corruption and privatization: Brazilian oil for Brazilian workers

With the recent corruption scandal in Petrobras, foreign investors seek to profit off of Brazilian oil. While former president Cardoso was much more aggressive and vocal about privatizing Petrobras, both Workers’ Party presidents Lula and Dilma have furthered the privatization. Workers must fight against all forces behind the privatization of Petrobras and build a movement for a 100% state-owned Petrobras, managed by workers. This is the only way Brazilian oil will help build badly-needed infrastructure and serve the people.

Tatiana Cozzarelli

July 16, 2015