Topic: Crude Petroleum

Crude Petroleum comes up in 1 chapter across 1 episode of The Higherside Chats Free Show, in July 2017.

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Glencore and ExxonMobil, Economic Warfare in Chad

The nation of Chad is currently a battleground for corporate control between ExxonMobil and Glencore. While ExxonMobil owns 75% of the country's oil infrastructure, the Chadian government went into massive debt to Glencore to purchase Chevron's 25% stake. This $1.3 billion loan, due in 2018, has placed the government under the direct influence of Glencore, effectively turning the country into a middleman for competing multinational corporations.

chadexxonmobilglencorecrude petroleumchevron