America Saw No More Oil. China Saw an Atlantic Military Fortress
2 Articles
2 Articles
America saw no more oil. China saw an Atlantic military fortress
For decades, Equatorial Guinea mattered to Western powers largely because of its oil. But the small Central African country is no longer the oil producer it once was. After reaching peak production in 2007, its oil production entered a steep decline as mature fields started to deplete. The sector’s changing environment has already reshaped Western companies’ involvement. For instance, in 2024, Exxon Mobil ended more than three decades of operat…
China studies in Equatorial Guinea a military base in the Atlantic while Washington retreats. Thus it affects Spanish security. The entry China turns Equatorial Guinea into a military base in the Atlantic while the US loses its foot in Africa aparece primero en Moncloa.
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