Neither sanctions nor persistently low oil prices are hindering Russia's ambitions or plans to develop oil resources in its sections of the Arctic.
China, the largest global oil importer, is putting pressure on Saudi Arabia to shun the U.S. dollar and denominate oil sales in Chinese yuan.
US-trained troops in the Iraqi army are facing off against US-trained troops in the Kurdish Peshmerga militias over Kurdish separatism and control of northern Iraq. What is at stake? Oil? Self-determination? Something else?
Amid confusion over whether the massive Saudi Aramco IPO is on hold until 2019, or permanently shelved in favor of a private placement, Reuters suggests the latter is now more likely as 'sources familiar with the matter' say China is offering to buy
Iraq's military has effectively gained control of major assets and government buildings in Kirkuk city, and is now set to fully pacify it after overnight clashes at a moment when oil prices rose toward a six month high as the conflict now threatens o
On paper, it would be almost impossible to find a less likely candidate for "Godfather" of the modern environmental movement than Maurice Strong. A junior high school dropout from a poor family in rural Manitoba struck hard by the great depressio
Eugenics. This was the guiding vision of JDR3 and the Rockefeller family's "philanthropy." A vision that cast the Rockefellers and their fellow oiligarchs as superior families, fit by very virtue of their wealth and success to guide the course
Two crucial things happened last week.
The 20th century was the century of oil. From farm to fork, factory to freeway, there is no aspect of our modern life that has not been shaped by the oil industry. But as the "post-carbon" era of the 21st century comes into view, there are those
From farm to pharmaceutical, diesel truck to dinner plate, pipeline to plastic product, it is impossible to think of an area of our modern-day lives that is not affected by the oil industry.
(Natural News) The dispersants used during the cleanup of the 2010 Deepwater Horizon oil spill have made the cleanup workers sick. This was the conclusion that federal scientists came to in their study that was published in Environmental Health Persp
VZ Oil Companies Align with China-Intervention Co
to Kill US Petrodollar...Venezuela just announced they will no longer accept US dollars for oil, as Russia and China create a system to bypass US petrodollar hegemony.
But as The Shanghai International Energy Exchange gears up for operation, it's important to note yet again that this is another engineered conflict with the pre-determined death of the dollar system being used to bring in the new multipolar world o
In a direct challenge to U.S. imperialism, China's yuan-denominated contracts - backed by gold -will let oil exporting countries bypass using the U.S. petrodollar.
According to the latest warning from the National Hurricane Service (NHS), Harvey looks to be the first hurricane to strike the Texas coast since 2008. According to NHS models, the storm is expected to gain hurricane-force winds by tomorrow afternoo
ISIS' last stand in Syria will take place in a strategic oil-rich region known as Deir ez-Zor, and this confrontation will pit the American military and its allied forces directly against the Syrian Arab Army and its backers, including Russia.
A surprise discovery coming out of Utah and Colorado's Paradox Basin oil field has captured the attention of the petroleum sector today.
Despite the public battles between the New York Times and President Donald Trump, the two seem to be on a similar page about the unfolding crisis in Venezuela.
Tuesday morning, Pence announced Trump is going to sign the Russian sanctions bill. This will guarantee the end of the US petrodollar.
Gartman said that prices could rally a bit in a couple of weeks, but added "I'll tell you one thing: in the long run, crude oil is heading egregiously lower. . ." Egregiously here means like shockingly. Of Saudi Crown Prince Muhammad bin Sal
Crude from West Texas shale fields is increasingly making its way abroad as a pipeline system is expanded to take it to market through Corpus Christi.
There will be an extremely painful oil supply shortfall sometime between 2018 and 2020.
Crude oil prices are cratering, down 20% this year, in the biggest 6-month free fall in years.
It may be too soon to write OPEC's obituary, but the oil producer club appears in urgent need of late-life care. It shows little understanding of where it is, how it got there or where it's going.
Oil dropped to the lowest in seven months, with both Brent and WTI sliding to prices not seen since November, following a burst of volume just after 6am, amid a revival in output from Libya and rising volumes of fuel held in floating storage, althoug
Before hitting the hay we need to call a big B.S. on the bastard 'bots from Rip (Off) City. They screwed us again yesterday (June 14) in crude oil futures.
The Trump Administration is reportedly considering plans to sell off about half of the Strategic Petroleum Reserve (SPR), which is the federal government's nearly-700 million barrel stockpile of crude oil.
Mexico City is making moves to secure its annual oil price hedging program, according to sources familiar with the process who spoke to Bloomberg.
IS BIG OIL PLANNING ITS OWN FUNERAL?