Despite remarks by Defense Secretary James Mattis, US presence in Iraq is aimed at “stealing oil,” an analyst says. Gordon Duff, senior editor at Veterans Today, made the statement while commenting on Monday remarks by Mattis ahead of an unannounced visit to the war-ravaged country. In an apparent attempt to distance himself from recent remarks by […]
“In the last five years the United States has added oil-rich countries to its sphere of influence. According to its data, there are oil deposits in Kurdish territories that have not been discovered yet. This region is important to the US only in this respect. They can take Iraqi Kurdistan under control, making it dependent on Washington. This step will be made […]
After flooding the oil market since 2014 in a policy to hold its market share — but which deprived the kingdom of crucial revenue — Saudi Arabia finally agreed to change course and lower production.
U.S. President-elect Donald Trump announced Tuesday that he has nominated ExxonMobil CEO Rex Tillerson to arguably the most important position in his Cabinet — secretary of state. While Tillerson has no experience in public office, his nomination has drawn the ire of environmentalists for his company’s actions on climate change while even members of Trump’s own party are uneasy with the pick due to the CEO’s ties to Russia.
We have been reporting for over two years that Erdogan’s son has been the man responsible for the massive trade in stolen Iraqi oil that was being shipped out of northern Iraq in 12,000 tanker convoys through Turkey to be sold to unsuspecting European markets.
When oil began flowing out of Iraq after the 2003 American invasion, more than half went through Turkey.
Jim W. Dean – The Saudis are scrambling to sail their ship of state through stormy waters. They have come a long way since their thinking they had Iran on the mats, by keeping its oil off the market to run prices higher and maybe watch Israel or the US bomb its facilities.
For the second consecutive day US crude prices have dropped below $40 a barrel on growing concerns over global oversupply.
Iran has moved from number 12 out of 14 of Mid East countries in Foreign Direct investment (FDI). That is an amazing recovery from the regional perspective, with Iran now just behind the Saudis and the UAE, and we are only halfway through 2016.
Mustafa Hegiri, director of terrorist group known as Kurdistan Democratic Party of Kurdistan Iraq spearhead by Massoud Barzani, after Ashnavieh conflicts and excellent blow by the Revolutionary Guards, the Revolutionary Guards of the Islamic Revolution of Iran in a statement said ” it is through this portal new armed groups will flow to Iran.
The video released on Thursday shows Russian jets hitting oil reservoirs located on territory under Islamic State (IS, formerly ISIS/ISIL) control.
Or just the Same Game Plan with a different Puppet?
There have been many reasons put forward over the years for why the Falklands War of 1982 happened, both official and conspiratorial. It has always seemed rather dubious that Britain would launch a major amphibious task force halfway across the globe at a time of economic woe and deep defence cuts in order to save […]
__________ Mercopress Oil markets on alert: major overhaul in Saudi Arabia´s cabinet and economic policy Saudi Arabia’s King Salman removed the country’s veteran oil minister as part of a broad government overhaul. Ali al-Naimi has been replaced after more than 20 years in the role by former health minister Khaled al-Falih. Saudi Arabia, the world’s […]
…from SouthFront Libya’s rival governments host separate branches of the country’s National Oil Corp. (NOC) with an internationally recognized headquarters in Tripoli and a competing branch based in Bayda. On May 4, NOC-Bayda, which is loyal to Tobruk, blocked an oil tanker registered in Malta, the Seachance, from loading oil at the Marsa al Hariga […]
Exclusive eye witness reports and documents, abandoned by retreating jihadists and found by RT Documentary crew members in a region liberated by Syrian Kurds, point to commercial scale oil smuggling operations and cozy relations between ISIS and Turkey. TrendsIslamic State, Syria unrest Exclusive and unprecedented footage, along with witness accounts, was filmed by the RT […]
Russia’s aviation has destroyed more than 200 terrorist-controlled oil facilities and over 2,000 vehicles for fuel delivery since the start of its counter-terror operation in Syria, Head of the Russian General Staff Main Operations Department Sergey Rudskoy said on Wednesday.
Jim W. Dean – Despite all the international laws against providing material support to terrorism none of those backing the terrorists in Syria and Iraq have been charged or sanctioned.
The world’s largest crude exporter Saudi Arabia plans to create a huge sovereign wealth fund for the country’s most prized assets to prepare for a post oil era, said Deputy Crown Prince Mohammed bin Salman as cited by Bloomberg. The Public Investment Fund (PIF) will eventually control more than $2 trillion and help the kingdom […]
Kurdish Peshmerga forces have cut the Islamic State’s (ISIS) oil smuggling routes from Kirkuk, stopping what was reportedly a burgeoning trade between the militants and oil pirates, a top Kurdish official told Rudaw.
In a report the Virtualaz website published documents that indicated people close to the Azerbaijani authorities had hidden hands behind appropriating their national oil money.
Al-Qaeda in the Islamic Maghreb (AQIM) militants fired rocket propelled grenades at the Salah gas facility in Algeria on March 18.
Illegal oil traffic across the Syrian-Turkish border is still observed, Moscow insists on full compliance with UN Security Council resolutions demanding cessation of trade with terrorists, Russian Foreign Minister Sergey Lavrov said on Wednesday following talks with his German counterpart Frank-Walter Steinmeier.
If you want to see classic con and deception, keep reading and no matter what, don’t slide off your chair.
Fossil fuel millionaires collectively pumped more than $100m into Republican presidential contenders’ efforts last year – in an unprecedented investment by the oil and gas industry in the party’s future.
US banks are filling their reserves in preparation for a wave of defaults, as low oil prices force US shale producers into bankruptcy. US Oil Production to Decrease Across Major Shale Regions Two large US shale oil producers with a combined debt of $7.6 billion may be forced into bankruptcy next month because of low oil prices, which […]
By Tom Randall at Bloomberg.com Superior electric cars are on their way, and they could begin to wreck oil markets within a decade.
Oversupply of oil on the global market amounts to two percent according to Pouyanne, and the price of it is now impossible to predict.
Jim and Gordon – We will try to keep these morning Sitreps (situation reports) coming, with the map work included. That is how we routinely do a lot of our Skype briefings for a variety of official and unofficial audiences.
There is nothing new in the fact that oil smuggling is one of the important barriers on the way to solution of the Syrian crisis.