Tag: Oil

China's economy grew more than expected in the second quarter of the year but officials warned of headwinds from 'uncertain factors abroad and long-term structural contradictions' at home

China Caps Oil Supplies to North Korea, Bans Steel Imports

China’s Commerce Ministry announced on Friday that it will cap oil supplies to North Korea and ban imports of steel and other manufactured goods, in accordance with tougher U.N. Security Council sanctions against North Korea’s nuclear missile program.

RIYADH, SAUDI ARABIA - NOVEMBER 11: (----EDITORIAL USE ONLY MANDATORY CREDIT - 'BANDAR ALGALOUD / SAUDI ROYAL COUNCIL / HANDOUT' - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS----) King of Saudi Arabia Salman bin Abdulaziz Al Saud (L) is welcomed by Saudi Crown Prince and Defense Minister of Saudi Arabia Mohammad bin Salman al-Saud (R) at King Salman Air Base Airport in Riyadh, Saudi Arabia on November 11, 2017. (Photo by Bandar Algaloud / Saudi Royal Council / Handout/Anadolu Agency/Getty Images)

Saudi Arabia Releases Most Corruption Detainees After Settlements Reached

A statement from Saudi Arabia’s public prosecutor on Tuesday indicated that most of the suspects swept up in the recent anti-corruption crackdown will be released after reaching settlements with the government, although a sizable number remain in detention, and some of those will be prosecuted for their offenses.

US Ambassador to the UN, Nikki Haley pushes for more nuclear inspections in Iran

Haley: Trump Demanded Xi Jinping Cut off North Korea’s Oil Supply

American Ambassador to the United Nations Nikki Haley told the Security Council on Wednesday that President Donald Trump had urged his Chinese counterpart Xi Jinping to cut off North Korea’s oil supply, a move considered among the last and most devastating measures possible against the crippled North Korean economy.

FILE - In this July 20, 2013, file photo, an ethanol plant stands next to a cornfield near Nevada, Iowa. The Obama administration has failed to study as legally required the impact of requiring ethanol in gasoline and ensuring that new regulations intended to address one problem do not actually make other problems worse, the Environmental Protection Agency inspector general said Thursday, Aug. 18, 2016. The conclusion in the new audit confirmed findings of an Associated Press investigation in November 2013. (AP Photo/Charlie Riedel, File)

Exclusive — Jim Talent: A Trump Promise on Biofuels

President Trump recently pulled the Environmental Protection Agency (EPA) back from an obvious blunder, and the reactions have been fascinating. The agency had been considering an oil industry request to roll back competition from U.S. biofuels, but the White House sided with rural communities, where renewable fuels are produced from farm-crops or agricultural waste.

Iraqi security forces and volunteers celebrate in front of Governorate Council Building in Kirkuk, 290 kilometers (180 miles) north of Baghdad, Iraq, Monday, Oct. 16, 2017. A spokesman for Iraq's state-sanctioned militias says they have "achieved all our goals" in retaking areas from Kurdish forces in and around the disputed northern city of Kirkuk. (AP Photo/Emad Matti)

Kurdish Official Forbidden to Speak Kurdish at Kirkuk Press Conference

The freshly-appointed interim governor of Kirkuk, Rakan Ali al-Jabouri, held a press conference on his first full day in office Tuesday, at which Kurdish police chief Omar Khatab was asked to speak. Khatab was also rather forcefully asked not to speak in Kurdish on three different occasions, even when responding to questions asked in that language by a Kurdish reporter.

Russian President Vladimir Putin, right, speaks with Prime Minister of Iraq's autonomous Kurdish region Nechirvan Barzani during their meeting at the the St. Petersburg International Economic Forum in St. Petersburg, Russia, Friday, June 2, 2017. (Alexei Druzhinin/Sputnik, Kremlin Pool Photo via AP)

Russia Becomes Primary Source of Funding for Kurdistan

The Russian government is now the primary funder of oil and gas deals in the autonomous region of Kurdistan and has yet to outline its position on next week’s Kurdish independence referendum, a report from Reuters has revealed.

Venezuelan President Nicolas Maduro has weathered a wave of protests that left 125 people dead but is facing a growing economic crisis

Venezuelan Dictator Maduro Meets Erdogan, Rouhani

Venezuela’s socialist dictator Nicolás Maduro met Sunday with prominent Middle East presidents Recep Tayyip Erdogan of Turkey and Hassan Rouhani of Iran this weekend, seeking support amid a global outcry against his regime.

China's Daqing has produced more than two billion tonnes of oil since it started flowing almost 60 years ago

China Cracks Down on Coal, but Continues to Feed North Korea Oil

China is abiding by United Nations sanctions on North Korea, halting shipments of coal and seafood, among other exports. Yet, as they fall out of the scope of the sanctions, China continues to supply Pyongyang with a pivotal oil supply that can diminish the effects of the sanctions, Australia’s ABC reported Sunday.

AP Photo

Wealthiest U.S. County Located in Texas

When one thinks of the richest regions of the United States, the opulence of Rodeo Drive in Beverly Hills, the high-end lifestyle of New York’s Tribeca, and the high-tech high life of the Silicon Valley may come to mind, but when ranking the wealthiest counties in the nation, the top spot went to an unassuming, small, south Texas locale.

Deep State (alien / Flickr / CC / Cropped)

Claim: ‘Deep State’ Resisting Trump’s Executive Order on Waters

A California company fighting the Environmental Protection Agency (EPA) in court has written to Attorney General Jeff Sessions to complain that Department of Justice (DOJ) lawyers are still pursuing a case after President Donald Trump’s recent executive order on water policy removed the basis for the lawsuit.

A view of the anchorage at the Es Sider export terminal in Ras Lanuf, west of Benghazi March 11, 2014. REUTERS/Esam Omran Al-Fetori

Chaos in Libya: Turkish Oil Tanker Seized, Rebel Militias Capture Major Oil Ports

The situation in Libya since dictator Muammar Qaddafi died in 2011 remains fractured and volatile for domestic and foreign interests alike. Following the news that oil smugglers had seized a Turkish tanker on its way to Malta Thursday, Reuters reported that the Benghazi Defence Brigades (BDB), a rebel militia, had captured two of the nation’s few remaining productive oil ports.