Oil and Energy

Let’s place 1 trillion barrels of oil in context. Global oil consumption is currently 35 billion barrels a year. Thus, the Orinoco Belt alone could satisfy 100% of global demand for almost 30 years! As for the Orinoco field’s dollar value. World oil prices are currently hovering near $60 …do the math.
Yemen is a strategically key geopolitical stretch of land at the connecting point of the Red Sea which links to the Mediterranean via the Suez Canal and the Indian Ocean. It’s the site of one of the world’s most strategic shipping choke points, the Bab el Mandab, a narrow passage a mere 18 miles distance from Djibouti in the Horn of Africa
Israel is set to become a major exporter of gas, if all goes to plan. The giant Leviathan natural gas field, in the eastern Mediterranean, discovered in December 2010, is widely described as “off the coast of Israel.”
Mali at first glance seems a most unlikely place for the NATO powers, led by a neo-colonialist French government of Socialist President Francois Hollande (and quietly backed to the hilt by the Obama Administration), to launch what is being called by some a new Thirty Years’ War Against Terrorism.
3-Year Old Report on Fracking Risks Quietly Published This Week After Cuadrilla Permit Awarded By True Publica, August 06, 2018
Chinese State Oil Major Suspends U.S. Oil Imports Amid Trade War By Tsvetana Paraskova, August 06, 2018
Can Iran Legally Close the Strait of Hormuz? By Faramarz Davar, August 01, 2018
Ethiopia and U.S. Geopolitics in the Horn of Africa By Rob Prince, July 30, 2018
US Suddenly Buys More Ecuadorian Oil: Is Trump Also Buying Assange’s Arrest? By Whitney Webb, July 29, 2018
Mexico’s New Populist President Considers Foreign Pipeline Plans Despite Indigenous Protests By Steve Horn, July 26, 2018
Saudi Oil Shipment Halt: A Potential Watershed in the Yemen War By James M. Dorsey, July 26, 2018
The Might of Petro Dollar: Why Saudi Arabia Can Continue Its Atrocities in Yemen? By Paul Antonopoulos, July 24, 2018
Mainstream Media Obscure Most Important Issues From Public Eyes By Shane Quinn, July 24, 2018
The ‘eBus or bust’ Approach Ignores Damning LA Times Report By Rosemary Frei, July 19, 2018
The Real Problem with Palm Oil By Tim Hunt and Mackenzie Denyer, July 19, 2018
Refiner in China Replacing US Imports with Iranian Crude. Beijing Slaps Tariffs on American Crude Oil By Financial Tribune, July 17, 2018
Chaos at the NATO Summit Benefits Eurasian Integration By Federico Pieraccini, July 16, 2018
Oil Producers and Consumers Are the Final Losers By Marwan Salamah, July 15, 2018
Trump Is Seeding War Clouds Over Iran By Michael S. Rozeff, July 13, 2018
European Powers Prepare to Scrap Dollar in Iran Trade as Disgust with “America First” Policies Mount By Elliott Gabriel, July 12, 2018
North Korea Advances in Sustainable Farming and Renewable Energy By Kim Soobok, July 12, 2018
Trump’s Using Russian Gas Rhetoric to Control Germany and Support Poland By Andrew Korybko, July 11, 2018
Washington’s Latest Myths, Lies and Oil Wars. “A Coherent Strategy to Promote Disruption in Key Oil Flows” By F. William Engdahl, July 08, 2018
Venezuela: Was Another World Possible? By Julia Buxton and Michael Welch, July 08, 2018
Iran oil, US sanctions
Iran Looks to Barter Oil as U.S. Sanctions Bite By Tsvetana Paraskova, July 06, 2018
Trump Pressed Aides, Latin American Leaders on US Invasion of Venezuela By Bill Van Auken, July 05, 2018
Iran’s Rhetoric Is Meant to Raise the Oil Price By Andrew Korybko, July 04, 2018
Libya Has Reached Its Turning Point. The Battle for Oil, “US-NATO Go Home” By Richard Galustian, July 01, 2018
Obsessed With Regime Change: Trump’s Iran Gambit Won’t Pay Off By Soraya Sepahpour-Ulrich, July 01, 2018
Deepwater Horizon Oil Spill Continues to Disrupt Marine Life By Steve Hanley, June 30, 2018
US Sanctions Against Iran Aimed at Regime Change By Peter Symonds, June 30, 2018
Seven Years Ago, UK Environment Agency Warned that 12 of Our 19 Nuclear Sites Were in Danger of Flooding and Erosion By Nuclear Industries, June 26, 2018
US, China and Ultra-Low Oil Prices By Dr. Dan Steinbock, June 24, 2018
Malaysian-Saudi Relations: A Lesson in the Pitfalls of Authoritarianism and Autocracy By James M. Dorsey, June 24, 2018
Chinese-Owned Company Forges Ahead with US Lithium Mine in Former Supervolcano By Sputnik, June 23, 2018
Pipeline Geopolitics: Russia Takes Gas to South Asia By Andrew Korybko, June 22, 2018
Oil Giants Shell and Eni Face Trial in Milan Over Bribery Allegations in Biggest Corruption Case Facing Sector in Years By Chloe Farand, June 19, 2018
Trudeau’s Troubles: Pipelines, Tariffs, and the Wrath of Trump By Michael Welch, David Hughes, David Orchard, and John Helmer, June 18, 2018
‘We Are No Longer Your Backyard’: Bolivia’s Evo Morales Condemns US Interventionism in Venezuela, Latin America By Telesur, June 17, 2018
UK – Building a Nuclear Nightmare on ‘Technology Far from Proven’ By Simon Roach, June 15, 2018
UK Worst of G7 Countries for ‘Hiding’ Fossil Fuel Subsidies. “Fudging” How Much Money Spent on Subsidizing Coal and Fossil Fuel Use By Chloe Farand, June 12, 2018
After Trumps Solar Panel Tariffs – $2.5 Billion in Renewable Energy Projects Shelved By True Publica, June 12, 2018
British Medical Journal Editorial By Ruth Hayhurst, June 11, 2018
Helen Caldicott: The Fukushima Nuclear Meltdown Continues Unabated. Radioactive Waste into the Pacific Ocean By Dr. Helen Caldicott, June 10, 2018
Venezuela: Vanguard of a New World. Iran to Follow in the Same Footsteps? By Peter Koenig, June 08, 2018
“We Cannot Defy the US”: EU Oil Refiners Fold to Trump, Will Stop Buying Iran Crude By Zero Hedge, June 07, 2018
Did Fracking Cause the Hawaii Volcanic Eruption? By Jon Rappoport, June 07, 2018
Video: Syrian Government, SDF Reach Agreement on Omar Oil Field By South Front, June 05, 2018
Failures of the Petro-Dollar? Africa Speculates Joining Russia, China, India and EU in the “De-Dollarisation” of Oil Trades By True Publica, June 04, 2018
China’s Petro-yuan “Becomes Real”: India Joins International Group Dumping US Dollars in Oil Trades to Bypass US Sanctions By True Publica, June 03, 2018
Pipeline Geopolitics: The US is Against Russia’s Nord Stream II Because of the “Three Seas Initiative” By Andrew Korybko, June 03, 2018
Big Oil and the Arctic: Chevron Pressured to Stay Away from the Arctic National Wildlife Refuge By Sierra Club, June 02, 2018
Climate Science Denial and Game Changers for Survival By Charlie Smith, June 01, 2018
Pipeline Geopolitics: Why is Russia Maintaining Its Gas Transit Pipelines Through Ukraine Open? By Andrew Korybko, May 31, 2018
Trudeau’s Reckless Support for Kinder-Morgan. Billions of Tax Dollars to Buy an Unbuildable, Financially Doomed Pipeline By Adam Scott, May 30, 2018
Canada’s Deal to Purchase Kinder Morgan Assets By Adam Scott, May 30, 2018
Not for Sale: Congo’s Forests Must be Protected from the Fossil Fuels Industry By Global Witness, May 30, 2018
Trump Set to Recognize Israel’s Claim to Occupied Golan Heights and Its Sizable Oil Reserves By Whitney Webb, May 28, 2018
Will Russia’s “Energy Diplomacy” Help Vietnam and China Make a Deal? By Andrew Korybko, May 26, 2018
Canada’s Trans Mountain Pipeline, Civil Society to Justin Trudeau: “The Time for Investment in New Fossil Fuel Infrastructure Is Over” By Andy Rowell, May 25, 2018
Bulgarian Government Thinks that Reviving the South Stream Pipeline Will Make It More Strategic By Andrew Korybko, May 21, 2018
Is Russia About to Abandon the OPEC Deal? By Irina Slav, May 20, 2018
The Dispossession of Canada’s First Nations and the Kinder Morgan Pipeline By Kim Petersen, May 20, 2018
© Lucy Nicholson / Reuters
Back to the Future with Empire Oil By Mike Small, May 18, 2018
EU to Switch from US Dollar to Euro on Oil Trades from Iran By True Publica, May 17, 2018
EU to Buy Iranian Oil in Euros? Weakening Dollar Dominance? By Stephen Lendman, May 17, 2018
Why is Venezuela’s Buying Foreign Oil for Latin American Allies? By Andrew Korybko, May 16, 2018
Empire Oil: London’s Dirty Secret By Chloe Farand, May 15, 2018
Trump Is a Disaster for the Environment, for Wildlife, and for Human Life By Dr. Paul Craig Roberts, May 12, 2018
Climate Change
The Solution to the Climate Crisis Is to Put Power in the Hands of Those Hit Hardest By Asad Rehman, May 11, 2018
Costa Rica’s New President Promises 100% Green Energy, Aims to be First Such Nation By Juan Cole, May 11, 2018
Exxon's own research in the 1980s indicated that without major reductions in fossil fuel combustion, "[t]here are some potentially catastrophic events that must be considered." (Photo: Luc B / Flickr)
When You Are in a Hole… Fossil Fuel and the Climate Crisis By Hannah McKinnon, May 10, 2018
Actors Allegedly Paid to Support New Orleans Power Plant By Tsvetana Paraskova, May 09, 2018
Aboriginal Rights and the Proposed Pipeline Corridor: Why Are Canadian Governments Doing the Kinder Morgan Kowtow? By David Orchard, May 03, 2018
Liberia: The Promise of “Sustainable Palm Oil” Sows Anger and Doubt By Gaurav Madan, May 02, 2018
Trump Administration’s Rollback of Offshore-drilling Safety Regulations Enacted after the BP Deepwater Horizon Disaster By Center For Biological Diversity, April 30, 2018
America’s 1.2 Trillion Dollar Nuclear Weapons Project. Are Nuclear Weapons Immoral? By Matt Brown and Alex Nunes, April 28, 2018
Macron’s Mission to Washington: Protect French Business Interests With Iran? Trump’s Intent to Jeopardize the Iran Nuclear Deal? By Adam Garrie, April 26, 2018
Hydraulic Failures from the Uncontrolled Flow of Water: A Few Examples of Earthen Dam Failures By Dr. Gary G. Kohls, April 24, 2018
Earth Day: Conflict over the Future of the Planet By Kevin Zeese and Margaret Flowers, April 23, 2018
‘Incredible’ News as Banking Giant HSBC Ditches New Coal, Tar Sands, and Offshore Arctic Drilling Projects By Andrea Germanos, April 22, 2018
Washington Using Currency War to Destabilize Iran By F. William Engdahl, April 22, 2018
Dolphins or LNG Tankers in the Shannon Estuary? The Processing of U.S. Fracked Hydrocarbons in the Republic of Ireland By True Publica, April 21, 2018
Achieving 100% Renewable Energy. Conversion to Clean Energy: Wind, Water and Sun By Bill McKibben, April 21, 2018