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The measure could also prove to be more disruptive for Western European nations, which relied on Russia for about 40% of their refined product imports. Perhaps most importantly, Russian diesel made up for a deficit in their own production.
the US occupation forces and their mercenaries steal up to 66,000 barrels every single day from the fields occupied in the Syrian eastern region
The Kremlin has decided that ownership of the LNG operation should be changed to a new domestic entity
In a press conference held today in Moscow via video conferencing, Klimov said, that the Syrian people have the right to protect their interests and decide their own fate.
It now appears that a full-blown oil price war is in the making. This comes as many believe the coronavirus will reduce demand as economic growth slows.
The Saudi Arabian oil company, Aramco, is now hiring oil workers throughout Deir Ezzor Province inside Syria as part of a joint effort, nominally with an unknown American entity and with a full partnership with both ISIS and the United States Army.
Stuart Littlewood - If Britain and America had played fair and allowed the Iranians to determine their own future instead of using economic terrorism to bring the country to its knees Iran might have been “the only democracy in the Middle East” today.
Donald Trump plays the Ugly American role to perfection.
Oil and Arms Industry still running the Global Game
Jim W. Dean - As I type, lran is conducting its major annual air defense drill, but where the US has no aircraft carrier in the region
This is amazing and wonderful because Qatar is moving forward successfully with Iraq and Iran. From Reuters: * Iraq’s Oil Ministry said on Wednesday Qatar Petroleum...
Russia Today: Serious questions are being raised over controversial proposals that could lure the multi-trillion share listing of Saudi Arabia oil giant Aramco to...
For over past hundred years, West Asia has been the theatre of conflicts and proxies. Most countries in the conflict did so due to history, dynasties and religion that attract attracted invasions from North Africans, Romans, Byzantines, Persians, Turks, French, Germans and Anglo-US forces. Since 1930s, petro dollars have provided the impetus.
Despite remarks by Defense Secretary James Mattis, US presence in Iraq is aimed at “stealing oil,” an analyst says. Gordon Duff, senior editor at VT,...
"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...
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.
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.
Exclusive eye witness reports and documents, abandoned by retreating jihadists and found by RT Documentary crew members in a region liberated by Syrian Kurds,...
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...
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.
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...
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.
Russia’s Foreign Minister Sergey Lavrov is to meet the leadership of the United Arab Emirates (UAE) on Tuesday to discuss the situation in the region, the situation in Syria and on the oil market.
Economists are still hotly debating whether the oil crash has been a net positive for advanced economies. Optimists argue that cheap oil is a good...
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