"I am the Way, the Truth, and the Life"

Father God, thank you for the love of the truth you have given me. Please bless me with the wisdom, knowledge and discernment needed to always present the truth in an attitude of grace and love. Use this blog and Northwoods Ministries for your glory. Help us all to read and to study Your Word without preconceived notions, but rather, let scripture interpret scripture in the presence of the Holy Spirit. All praise to our Lord and Saviour Jesus Christ.

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Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Saturday, January 3, 2026

The Rise and Fall of Latin America > The USA invades Venezuela

 

'Narcoterrorism', 'safe' transition and oil:

Trump speaks after Maduro’s capture


AMERICAS

US President Donald ⁠Trump said Venezuelan President Nicolas Maduro and his wife were ​seized in ‍an overnight operation ​on Saturday and would face American ​justice, calling it one of the most successful military operations in US history. 

President Donald Trump speaks at his Mar-a-Lago club on January 3, 2026, in Palm Beach, Florida.
President Donald Trump speaks at his Mar-a-Lago club on January 3, 2026, in Palm Beach, Florida. © Alex Brandon, AP

President Donald Trump said Saturday that the United States will "run" Venezuela and tap its huge oil reserves after snatching leftist leader Nicolas Maduro out of the country during a bombing raid on Caracas.

Trump's announcement came hours after a lightning attack in which special forces grabbed Maduro and his wife, while airstrikes pounded multiple sites, stunning the capital city.

Trump did not go into detail what he meant but told a press conference in Florida: "We're going to be running it with a group."

READ MORELive: US is 'going to run' Venezuela until safe transition of power can take place, says Trump

"We're designating people," he said, mentioning that cabinet officials standing with him would be in charge.

In another surprise, Trump indicated that US troops could be deployed in Venezuela.

The US is "not afraid of boots on the ground", he said.

Although the operation is being framed as a law-enforcement action, Trump made clear that regime change and Venezuela's oil riches are the major goals.

"We're going to have our very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure," he said.

"We'll be selling large amounts of oil," he said.

The 79-year-old Republican posted a picture of Maduro in custody on a US naval ship wearing a blindfold, handcuffs and what looked like noise-canceling ear muffs. He and his wife were being taken to New York to face narcotics and terrorism charges.

Trump dismisses opposition leader 

US-backed opposition leader Maria Corina Machado, who won the Nobel Peace Prize last year, posted on social media: "The hour of freedom has arrived."

She called for the opposition's candidate in the 2024 election, Edmundo Gonzalez Urrutia, to "immediately" assume the presidency.

But Trump scotched any expectation that Machado should emerge as Venezuela's new leader. She doesn't have "support or respect" there, he said.

He indicated he could instead work with Maduro's deputy, Delcy Rodriguez, saying "she's essentially willing to do what we think is necessary to make Venezuela great again."

Trump also made clear that the US presence is unlikely to be short.

"We're there now, but we're going to stay until such time as the proper transition can take place."

The United Nations chief said he was "deeply concerned that the rules of international law have not been respected".

China, a backer of Maduro's hard-left regime, said it "strongly condemns" the US attack, while France warned that a solution for troubled Venezuela cannot "be imposed from outside".

Blackout and bombing 

Venezuelans had been bracing for attacks as US forces, including the aircraft carrier USS Gerald R. Ford, spent months massing off the coast.

Caracas residents woke to explosions and the whir of military helicopters around 2am (0600 GMT). Airstrikes hit a major military base and an airbase, among other sites, for nearly an hour, AFP journalists said.

The bombing turned out to be only part of the more ambitious plan to topple Maduro and bring him to US soil to face narco-trafficking charges.

Trump said the assault began with a partial blackout caused by US "expertise".

The top US military officer, General Dan Caine, said 150 aircraft took part in the operation, supporting troops helicoptering in to seize Machado with the help of months of intelligence into the leader's daily habits – down to "what he ate" and what pets he kept.

Maduro, 63, and his wife "gave up" without a struggle and there was "no loss of US life", he said.

Maria Eugenia Escobar, a 58-year-old resident of La Guaira, near the heavily bombed main airport, told AFP that the blasts "lifted me out of bed, and I immediately thought, 'God, the day has come.'" 

Within hours of the operation, Caracas had fallen eerily quiet, with police stationed outside public buildings and a smell of smoke drifting through the streets.

Shifting justifications 

The US and numerous European governments already did not recognise Maduro's legitimacy, saying he stole elections both in 2018 and 2024.

Maduro – in power since 2013 after taking over from leftist mentor Hugo Chavez – long accused Trump of seeking regime change in order to control Venezuela's huge oil reserves.

Trump said the extraordinary snatching of a foreign country's leader was justified because of his claim that Venezuela is responsible for mass death from drugs in the United States.

But Trump has given a variety of justifications for the aggressive policy towards Venezuela, at times stressing illegal migration, narcotics trafficking and the country's oil industry.

He had previously avoided openly calling for regime change – likely mindful of his nationalist political base's dislike for foreign entanglements.

Several members of Congress quickly questioned the legality of the operation. However, Trump's key ally Mike Johnson, Republican speaker in the House of Representatives, said it was "decisive and justified".

(FRANCE 24 with AFP)





Sunday, November 16, 2025

USA cornering the energy market in the EU - An astonishing act of greed; UPDATE: America's bullying of Europe continues in the Balkans

  

This is not news; it's been obvious for several years now that America is pushing Russia out of the European gas and oil market so they can move in with more expensive LNG. That it is destroying economies in Europe has no sway on the American government. There is nothing godly in this astonishing greed. It may not be criminal, but it sure as hell is immoral!


US officials working to corner EU energy market – FT


Washington wants to substitute the oil and gas exports to the bloc with its own, the Financial Times has said
US officials working to corner EU energy market – FT











The US is moving to push Russian energy out of the EU market and position itself to fill the gap, the Financial Times reported Friday.

Washington has also deliberately blocked a bid by Sweden-based Gunvor Group to acquire the foreign assets of Russian oil major Lukoil, according to the outlet.

Gunvor withdrew its $22 billion proposal after US officials accused the company of acting as “the Kremlin’s puppet.” Earlier in November, the US Treasury warned in a post on X that the company would “never get a license to operate and profit” if it pursued the deal.

The potential acquisition surfaced after US President Donald Trump imposed new sanctions on Lukoil and another Russian oil giant, Rosneft, prompting the former to seek buyers for its overseas holdings.

The bid was announced as “US officials toured Europe as part of efforts to sell American energy and eliminate ‘every last molecule’ of Russian gas from the continent,” the FT wrote. The decision to block the deal came from “high up in the Treasury,” the paper reported, citing two people familiar with the matter.

Afterward, Washington issued a general license enabling other bidders to pursue Lukoil’s international assets, the FT said. Private US equity firm Carlyle expressed interest this week, according to the report.

Lukoil confirmed on Friday that it is in “ongoing negotiations on the sale of its international assets with several potential buyers,” without naming them.

US officials have openly stated their intention to replace Russia in the EU energy market. US Energy Secretary Chris Wright said in September that the US was prepared “to displace all of the Russian gas that goes into Europe and all of the Russian refined products from oil as well.”

The Kremlin has condemned the sanctions as an “unfriendly step” but maintained it is still seeking “good relations with all countries, including the US.”

The restrictions on Lukoil are already affecting Europe. Earlier in November, Bulgaria curbed fuel exports to its fellow EU states amid supply concerns. Lukoil owns the country’s largest refinery, more than 200 gas stations and a major fuel transport network.

==============================================================================================



US pressuring Serbia to expel Russian companies from energy sector – minister


Washington imposed sanctions on the Balkan country’s oil refinery majority-owned by Gazprom
US pressuring Serbia to expel Russian companies from energy sector – minister











The US has refused to let Serbia’s only oil refinery resume operations unless the Russian co-owners give up their stakes, Serbian Energy Minister Dubravka Dedovic Handanovic said on Saturday.

The Petroleum Industry of Serbia (NIS), which runs the refinery, was hit with US sanctions last month. Banks have since stopped processing transactions, and Croatia’s JANAF pipeline, Serbia’s key crude oil supply route, has halted deliveries. Earlier, Reuters reported that the refinery can operate only until November 25 without new supplies.

Russian energy giants Gazprom and Gazprom Neft together own 56% of NIS, while the Serbian government owns around 30%.

NIS petitioned the US government for a temporary waiver that would allow the company to continue operating while it negotiates a change in ownership, Dedovic Handanovic said. The US granted only a three-month period to find new buyers, not permission for the refinery to keep running, she added.

Serbia was “not given even a single day for NIS to continue operating,” the minister said. “The American administration has, for the first time, stated clearly and unequivocally that it wants a complete change in the ownership held by Russian shareholders,” Dedovic Handanovic stated.

She said Belgrade would have to make “some of the most difficult decisions in history” at a government meeting Sunday that will include President Aleksandar Vucic and heads of major state companies. The options include nationalizing NIS and negotiating possible compensation for the Russian shareholders, she said.

The US and the EU have urged Serbia to cut its historically close ties with Russia, which Belgrade has so far resisted. The US also aims to push Russia from the European market, with Energy Secretary Chris Wright saying in September that Washington was prepared to “displace” the importation of Russian oil and gas.


Tuesday, August 19, 2025

Latin America Rising > Good News and Bad News for Guyana as Elections Approach

 

Guyana faces elections amid oil boom, Maduro's threats

By Macarena Hermosilla
   
Venezuelan President Nicolas Maduro has intensified his rhetoric over a long-standing territorial claim to the Essequibo, a region that makes up more than 60% of Guyana’s territory. File Photo by Miguel Gutierrez/EPA
Venezuelan President Nicolas Maduro has intensified his rhetoric over a long-standing territorial claim to the Essequibo, a region that makes up more than 60% of Guyana’s territory. File Photo by Miguel Gutierrez/EPA

Aug. 14 (UPI) -- With less than three weeks before Guyana's general elections Sept. 1, Venezuelan President Nicolás Maduro has intensified his rhetoric over a long-standing territorial claim to the Essequibo, a region that makes up more than 60% of Guyana's territory and that Caracas claims as its own.

The region bordered by Venezuela on the west, Brazil on the southwest and the Atlantic Ocean on the north: It contains dense rainforests, highlands, savannas and low coastal plains.

In his weekly address Tuesday, Maduro said Venezuela "will recover the Essequibo sooner rather than later," a statement that heightens diplomatic tensions at a sensitive moment for the English-speaking nation, which is preparing to elect a new parliament and president amid an unprecedented oil boom and growing regional polarization.

"No matter what ExxonMobil, imperialism or the International Court of Justice do, the Essequibo is and will be Venezuela's," the Venezuelan president said, firmly rejecting any ruling from the Hague-based court.

While such remarks are not new in Venezuela's official rhetoric, they come as Guyana gains international prominence thanks to the rapid development of its oil industry in the offshore area adjacent to the Essequibo.

Major companies such as ExxonMobil, Hess and CNOOC operate there under concessions challenged by Caracas.

Guyana President Irfaan Ali, seeking re-election with the People's Progressive Party/Civic, has avoided direct confrontations with Venezuela, but has firmly defended Guyanese territory before the international community.

The country has brought the dispute before the international court since 2018 and has reiterated its willingness to accept the court's ruling as binding.

The case is moving forward in The Hague, with hearings held in April. Venezuela continues to reject the court's jurisdiction, while Guyana's government has received diplomatic backing from Caribbean nations, the Commonwealth, the United States and the Organization of American States.

"The sovereignty of the Essequibo is not at stake. Guyana is committed to the peaceful resolution of the conflict in accordance with international law," the Ministry of Foreign Affairs said recently.

Analysts say the Venezuelan government may be using the territorial claim for electoral purposes as it faces international sanctions and the recent U.S. announcement of a $50 million reward for information leading to the arrest and/or conviction of Maduro.

U.S. Attorney General Pam Bondi accused him of working with criminal organizations, calling him one of the world's most dangerous drug traffickers and a threat to U.S. national security.

By contrast, for Guyana, defending the Essequibo is a matter of national unity. In 2023, after a consultative referendum promoted by Maduro -- in which Venezuelans backed creating a state called "Guayana Esequiba" -- the Guyanese government strengthened its diplomatic strategy and stepped up its appeals at the United Nations.

Guyana's political climate remains tense but stable, with seven parties registering candidates for the elections. The vote will be monitored by missions from the European Union, the Caribbean Community, or Caricom, and the Carter Center, which already has personnel deployed across the country.

The Essequibo has not dominated the campaign debates, which are focused instead on economic development, equitable access to oil revenues and the fight against corruption.

Guyana is undergoing an unprecedented economic transformation, driven by a surge in oil production. In 2024, the economy grew 43.6%, with the oil sector expanding 57.7% and the non-oil sector 13.1%.

The International Monetary Fund projects average annual growth of 14% over the next five years, supported by stronger infrastructure and higher productivity, with non-oil GDP expected to grow about 6.75%.

On the oil front, Guyana has begun production from its fourth floating production, storage and offloading unit, boosting capacity to more than 900,000 barrels per day -- already surpassing Venezuela's current output -- with a goal of reaching between 1.3 million barrels by 2027 and up to 1.7 million by 2030.



Saturday, April 12, 2025

Corruption is Everywhere > But Gabon is trying to rise above it; Lukashenko tells Belarusian politicians to support their own mistresses

 

Gabon votes in first presidential election since coup ended 

55-year Bongo dynasty


Africa

Gabon voted on Saturday for its first elected leader since a 2023 coup overthrew the Bongo dynasty, which had ruled Gabon for more than 55 years. The Bongo family has been accused of looting the wealth of a nation where a third of its 2.3 million people live in poverty despite the nation's vast oil resources.



Voters in Gabon headed to polling stations on Saturday in the first presidential election since a 2023 military coup ended a political dynasty that lasted for more than 50 years.

Some 920,000 voters, including over 28,000 overseas, were registered to participate across more than 3,000 polling stations. After voting ended at 6:00 pm (1700 GMT), the interior ministry said turnout had run to 87.12 percent.

It is a crucial election for the country’s 2.3 million people, a third of whom live in poverty despite its vast oil wealth.

The interim president, General Brice Clotaire Oligui Nguema, toppled President Ali Bongo Ondimba two years ago. He hopes to consolidate his grip on power for a new seven-year term in office, renewable once.

Nineteen months after overthrowing president Bongo, whose family ruled Gabon for more 55 years, Nguema has pitched himself as a change agent cracking down on the corrupt old guard.

Nguema, 50, has criss-crossed Gabon in a baseball cap with the slogan, "We Build Together" during the campaign.

‘Votes delayed due to some logistical problems’

FRANCE 24's Marcel Amoko reports on Gabon's presidential election © FRANCE 24

He has been leading in opinion polls.

Polling stations opened at 7am (0600 GMT) and closed at 6pm (1700 GMT), with the result due on Sunday.

His main challenger is Alain Claude Bilie By Nze, who was serving as prime minister under Bongo before the August 2023 coup, the eighth in West and Central Africa since 2020.

A new constitution approved in November cleared the way for Nguema's candidacy.

Analysts say his status as the frontrunner comes from a sense that people were broadly happy with the coup and him being the most visible candidate during the campaign.

Nze's close ties to the old government – which was accused by critics of vote-rigging – also undermine his warning that Nguema poses a threat to Gabonese democracy, said Florence Bernault, a historian of Central Africa at Sciences Po.

"He doesn't seem to be very well placed to criticise," Bernault said.

 France 24

Power cuts

Gabon's economy grew by 2.9% in 2024, up from 2.4% in 2023, driven in part by infrastructure projects and increased production of commodities such as oil, manganese and timber, according to the World Bank.

But many voters told Reuters they were mostly concerned about basic services, citing power cuts that plague the capital.

"We talk about it every day. So this is a primary urgency because we don't want to have this anymore, these daily power cuts," said 40-year-old electrician Herve Regis Ossouami.

"I don't know a Gabonese person who would say they don't want water and electricity."




Lukashenko tells Belarus officials to

self-fund ‘mistresses’

State money allocated to support athletics must be spent properly, the country’s president has declared
Lukashenko tells Belarus officials to self-fund ‘mistresses’











Belarusian President Alexander Lukashenko has called for the exclusion of personal expenses from state funds earmarked for promoting sports. Instead, he has urged top government officials to fund their “mistresses” with their own money.

Speaking on Friday at a meeting focused on support for physical culture and sports organizations, the Belarusian leader told officials to report on various issues, including oversight of state funds allocated to national sports clubs and federations.

“I want to warn you, guys, it’s not hard these days to track how this money is being spent – and we will track it,” Lukashenko cautioned.

“But I want to say, man to man, that you should support your family, loved ones, mistresses, or anyone else with your own money. That will be the right thing to do – both humanely and manfully,” the president added, noting that officials can earn money wherever they want.

Lukashenko expressed hope that his comments would prompt officials to draw the right conclusions.

“The real question is: how fairly – and more importantly, how responsibly – are clubs managing these funds? Or are they just blindly using them? What exactly are the finances being spent on?” he asked.

Combating corruption was one a key theme of Lukashenko’s presidential campaign ahead of an election held in January. In early February, the Central Election Commission declared the 70-year-old politician the winner with 86.82% of the vote. None of the other candidates received more than 5%.

In December, upon appointing Ruslan Chernetsky as Minister of Culture, the Belarusian leader expressed dissatisfaction with the state of the country’s film industry.

“I just want to say man-to-man, Ruslan – you have no other choice: either die, or bring order to the sector,” Lukashenko said at the time.