Word: chevron
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Further diluting international influence is the potential of oil and gas revenues to transform Cambodia's still largely agrarian economy. Two years ago, Chevron announced the discovery of offshore oil reserves in Cambodia. If natural-resources dollars do start flowing in 2010, as some expect, the country may for the first time enjoy a major revenue source that could help it stand on its own feet. Yet, in countries like Nigeria, oil money has only served to enrich a tiny minority while leaving the rest of the country impoverished. And the alternate source of income may only make it more...
...hasn't done so yet. In January this year, Chevron said it had not found enough oil to make a well economically viable at the first of its two drill sites off São Tomé. Exxon Mobil, too, has said that it will not, for now, be pursuing exploration off the island, though it retains its drilling rights there. Praxeres, however, still dreams his dreams, and his little country continues to attract a stream of oil-fevered visitors from overseas: this year alone, officials have arrived from the U.S., the U.K., Germany and Japan. But even...
Praxeres and his compatriots will have to wait a while. Though Chevron and Exxon Mobil may have lost some of their earlier excitement over São Tomé, seismologists are convinced the oil is there - up to 11 billion barrels, according to Exxon Mobil's survey in 2000. But as yet, it's not clear how accessible those reserves might be. That gives São Tomé's people time to think and dream - but to do so with a caution that not all Africans have shown when the drillers come to town. In Club Tropicana, Salvaterra ponders...
...schooling-"all this life, all this huge unelaborated life, told her there was more on heaven and earth than was dreamt of by Mister Shakespeare." Neglected by her self-absorbed parents, Perdita befriends the family's Aboriginal servant Mary and a different education begins. Perdita learns to read "the chevron sand-lines of lizards... The ripples of departed snakes, the scroll shapes and mounds and pathways of bush tucker-all that had been inscribed there before them, in a hidden language never noticed, became suddenly visible." Mary, in turn, is absorbed into Perdita's world of books, finding sanctuary under...
...German state of North Rhine-Westphalia, relied almost entirely on its harbor for its growth within the Rhineland, Europe's third strongest economic region after London and Paris. And as the city began to shift from strategic shipping hub to creative media center in the early 1990s, its chevron-shaped dockside led the way. Today, following over a decade of frenzied development, MedienHafen (Media Harbor) has become a hip center for great restaurants, swish bars and dimly lit lounges, many housed in outré structures designed by the likes of Frank Gehry, Steven Holl and David Chipperfield...