Category: oil

uae-a-hub-for-firms-helping-venezuela-dodge-us-sanctions,-report-says
30

Dec
2020

UAE A Hub For Firms Helping Venezuela Dodge US Sanctions, Report SaysUAE A Hub For Firms Helping Venezuela Dodge US Sanctions, Report Says

After the United States (U.S.) in June sanctioned several oil tankers to curb the Venezuelan oil trade, three firms based in the United Arab Emirates (UAE) have acted as intermediaries helping Venezuela sidestep those sanctions, an investigative report from Reuters found. The role the three companies — Muhit Maritime, Issa Shipping FZE, and Asia Charm […]

READ MOREREAD MORE
president-of-turkmenistan-tries-to-show-off-shooting-skills-by-exploding-a-pyramid-of-oil-drums
09

Sep
2020

President Of Turkmenistan Tries To Show Off Shooting Skills By Exploding A Pyramid Of Oil DrumsPresident Of Turkmenistan Tries To Show Off Shooting Skills By Exploding A Pyramid Of Oil Drums

September 09, 2020 12:18 PM ET A video released by Turkmenistan state media earlier this month showed President Gurbanguly Berdimuhamedov attempting to display his marksmanship by shooting at a pyramid of oil barrels in the desert. Clips from state-backed network Altyn Asyr circulated online and showed Berdimuhamedov exploding a group of oil barrels shaped into […]

READ MOREREAD MORE
‘a-looming-catastrophe’:-un-official-warns-oil-tanker-could-spill-four-times-more-oil-than-exxon-valdez
17

Jul
2020

‘A Looming Catastrophe’: UN Official Warns Oil Tanker Could Spill Four Times More Oil Than Exxon Valdez‘A Looming Catastrophe’: UN Official Warns Oil Tanker Could Spill Four Times More Oil Than Exxon Valdez

United Nations Executive Director Inger Andersen warned the U.N. Security Council Thursday that a spill from an abandoned oil tanker in Yemen could produce a “catastrophe.” In her briefing given to the U.N. Security Council Thursday, Andersen stated that a spill from the FSO Safer, an oil tanker moored off the coast of Yemen carrying […]

READ MOREREAD MORE
will-china-forming-oil-buying-cartel-end-the-petrodollar?
30

Jun
2020

Will China Forming Oil Buying Cartel End the Petrodollar?Will China Forming Oil Buying Cartel End the Petrodollar?

Authored by Tom Luongo via Gold, Goats, ‘n Guns blog: China is building a buyer’s group (or cartel) comprised of its major state oil companies. I’m frankly surprised that this wasn’t already the case, since everything else is tightly controlled in China. A report from Bloomberg (via Investing.com) states that: Senior executives from China Petroleum […]

READ MOREREAD MORE
us-sanctions-iranian-ship-captains-for-delivering-oil-to-venezuela
25

Jun
2020

US Sanctions Iranian Ship Captains For Delivering Oil To VenezuelaUS Sanctions Iranian Ship Captains For Delivering Oil To Venezuela

The State Department has sanctioned five Iranian ship captains for delivering 1.5 million barrels of gasoline and related components to Venezuela. The individuals will be added to the List of Specially Designated Nationals and Blocked Persons maintained by the Treasury Department’s Office of Foreign Assets Control, pursuant to updates of Executive Order 13599 made after […]

READ MOREREAD MORE
to-understand-iran’s-150-year-fight,-follow-the-trail-of-blood-and-oil
26

May
2020

To Understand Iran’s 150-Year Fight, Follow the Trail of Blood and OilTo Understand Iran’s 150-Year Fight, Follow the Trail of Blood and Oil

Authored by Cynthia Chung via The Strategic Culture Foundation: This past Sunday, April 17th, a dispute between Iran and the U.S. occurred over the U.S.’ decision to increase its military presence in Caribbean and Eastern Pacific waters, with the purported reason being a counter-narcotics campaign. Iranian foreign minister Mohammad Javad Zarif wrote to the UN […]

READ MOREREAD MORE
can-trump-save-the-economy-from-coronavirus?-he-needs-to-start-here-—-wall-street-meets-washington-ep.-4
25

Apr
2020

Can Trump Save The Economy From Coronavirus? He Needs To Start Here — WALL STREET MEETS WASHINGTON Ep. 4Can Trump Save The Economy From Coronavirus? He Needs To Start Here — WALL STREET MEETS WASHINGTON Ep. 4

April 24, 2020 11:27 AM ET Every Friday, Daily Caller White House correspondent Christian Datoc sits down with Wall Street guru and CEO of Farvahar Partners Omeed Malik for a new episode of “Wall Street Meets Washington,” the only show that breaks down the beltway’s economic updates in a way that makes sense for both […]

READ MOREREAD MORE
the-end-of-the-oil-age
16

Apr
2020

The end of the oil ageThe end of the oil age

Submitted by InfoBrics, authored by Lucas Leiroz, research fellow in international law at the Federal University of Rio de Janeiro… A historic agreement was signed last weekend between the main oil powers in the world, promoting an unprecedented cut in the production of daily barrels in order to face the global economic crisis generated by […]

READ MOREREAD MORE