The controversy over Russian charges against Greenpeace activists rages on, but ultimately it's all about Russia's aspiration in the thawing north.
Petronas, Malaysia's state-owned energy giant, announced Sunday it will invest $35 billion in the Canadian liquefied natural gas industry. British Columbia's government hopes to use the revenue generated by projects like this to pay down the province’s debt and to establish a prosperity fund to bank energy-related revenue.
Venezuela's squandering of its oil wealth has left its economy in tatters while leaders merely blame the US. As more resource-rich nations learn to dodge the 'oil curse,' Venezuela can do the same.
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