Army Col. Steve Warren, the spokesman for the U.S.-led coalition that has been bombing the Islamic State, claimed on Monday that the terror state’s lucrative oil export business has been largely shut down by airstrikes.
The Islamic State already controls eighty percent of the oil in Syria, but it’s looking for more… and it is sizing up the oil fields of Libya and Egypt for conquest.
Turkish media outlets have reported that a Russian warship fired at a Turkish fishing boat because the boat interrupted the ship attempting to hijack Ukrainian oil platforms.
At the heart of Korea’s Onsan Refinery lies a street called “A.I. Naimi Road,” an homage to Saudi Arabia’s oil minister. The reason: state-owned Saudi Arabian Oil Co. holds a 65 percent stake in the complex.
A senior U.S. Treasury official claimed Syrian President Bashar al-Assad and clients in Turkey are a few who purchase oil from the Islamic State (ISIS/ISIL).
According to an analysis published at Rudaw, the Islamic State’s books include $80 million per month in revenue from taxes, confiscating property, drug smuggling, oil sales, selling electricity to captive populations, kidnapping for ransom, and even old-fashioned banditry, such as bank robberies.
Governor Jerry Brown insists that his request for the Division of Oil, Gas & Geothermal Resources (DOGGR) to ascertain whether his 2,700-acre ranch lay atop an oil pool was motivated by a desire to obtain information about his ranch that he could store in a “glass case.”
Russian President Vladimir Putin told his country that Turkey could face more sanctions as a consequence for its forces shooting down a Russian warplane over Syria on November 24.
Turkish President Recep Tayyip Erdoğan now claims he possesses evidence that Russia purchased oil from the Islamic State (ISIS/ISIL). His accusations come a day after the Russian government said it had proof Erdoğan’s family benefits from ISIS oil.
Turkish President Recep Tayyip Erdoğan declared he would resign if it is proven that Turkey ever purchased oil from the Islamic State (ISIS/ISIL), following claims by the Russian government that they have found proof of transactions.
Environmental concerns, along with worry about the fortunes of Syrian civilians after ISIS is gone, kept the Obama administration from striking Islamic State oil targets, claims former CIA director Michael Morell.
Islamic State earns about $500 million a year from its oil revenues. But according to former CIA director Mike Morrell, US fighter aircraft have been ordered not to bomb their oil wells in case they cause “environmental damage.” Yes. That makes
Former CIA Director Mike Morell stated that there “seemed” to be a determination not to hit oil wells controlled by ISIS, partially because such strikes would create “environmental damage” on Tuesday’s broadcast of PBS’ “Charlie Rose.” Morrell said, “So, prior
The New York Times is reporting that for the first time ever, U.S. warplanes attacked the heart of what generates crucial revenue for ISIS: oil. For months and months and months, Republican presidential frontrunner Donald Trump has said (correctly) that
A consumer watchdog group is urging citizens to test Jerry Brown’s claim that any California resident can have the state prepare a report on their property’s oil and gas potential–just as it did for him.
Republican leaders in California have called for an investigation Thursday into Governor Jerry Brown in response to a story by the Associated Press earlier in the day that suggested he may have misappropriated state resources to search for oil on his family’s private property.
California governor Jerry Brown used state experts to prepare a 51-page report on the prospects for oil development on his family’s private land in Northern California, according to an Associated Press investigation released early Thursday morning.
Chevron plans to cut up to 7,000 jobs for the next two years due to low oil prices. Capital and exploratory projects will be delayed as well.
BP profits collapsed in the third quarter as oil prices halved on back of the stubborn global supply glut, the British energy giant said Tuesday. The London-listed energy major, which was ravaged by the catastrophic 2010 Gulf of Mexico oil
The U.S.-led coalition has been unable to interrupt the organized and sophisticated oil industry in areas in Iraq and Syria controlled by the Islamic State (ISIS/ISIL), which generates an average of $1.5 million daily, reports the Financial Times (FT), citing
Japan has left the stage of the United Nations General Assembly with a promise from Russia to strengthen bilateral relations– and schedule a visit by President Vladimir Putin– as both nations take on larger roles in Syria.
Contents: New York’s Obamacare Co-op collapses, the fourth so far this year; Copper’s crashing prices cause devastating economic ripples around the world; China’s ‘climate change’ promise may already be in trouble
HBO host Bill Maher declared, “f*ck your jobs” while talking about oil rig workers in Louisiana on Friday’s “Real Time.” Maher, while discussing the Volkswagen emissions scandal, stated, “shouldn’t someone ask a Republican candidate…who are always going on about how
Officials from the oil nations of the Gulf have refused to accept Syrian refugees because, as one Kuwaiti official put it, their nations are “too valuable” to risk waves of migrants resettling there.
A flash mob invaded the British Museum in London to protest its sponsorship by oil and gas giant BP on Sunday. Dressed in black and carrying black umbrellas, the protesters sang and performed a dramatisation of an oil spill, before
The Ford, Tides, and the William and Flora Hewlett Foundation have granted tens of millions of dollars to left-wing political agitation groups in Canada in recent years. The beneficiary groups vary in their focuses of public policy prescriptions. The ostensible objectives of these groups, as indicated by their self-descriptions, include advocacy for “clean energy transition,” “ecological and equitable choices,” “restor(ing) and preservin(ing) the environment,” “social, economic, and environmental justice” and “indigenous sovereignty.”
A poll from the Public Opinion Foundation found Russian President Vladimir Putin’s approval rating is slightly down, but still “extremely high” despite a failing Russian economy.
AFP reports the Islamic State (ISIS/ISIL) “mafia” made around $11 million a month in Nineveh province in Iraq through extortion and bribery.
Contents: Slovakia will accept 200 migrants — but only if they’re Christian; China’s yuan devaluation causes currency chaos in Asia
A Western official told The Guardian that evidence seized at the compound of Abu Sayyaf, an Islamic State (ISIS/ISIL) leader, proved indisputable links between the terrorist group and the Turkish government.
Mexico’s President Enrique Peña Nieto reformed his country’s energy policy and invited outside intelligence and investment to boost slumping oil output. In late 2013, he amended the Constitution to allow private and foreign companies to explore and produce oil and gas in Mexico—for the first time in nearly eight decades. The amendments put an end to the government monopoly. Nieto hopes his reforms will bring in $50 billion in investment by 2018.
The Russian government has unilaterally moved its nation’s border nearly a mile into Georgian territory through South Ossetia. Not surprisingly, a British Petroleum (BP) oil pipeline is in the region.
While some Arabic speakers applauded Iran’s nuclear deal with America on Twitter, there are some who blasted the country for negotiating with the United States at all. Saudi Arabia, a natural enemy of Iran, is also displeased about the deal, specifically the release of sanctions.
China is teetering on the edge of a 1929-style stock market meltdown, and Greece might be about to exit the Euro. China is worried about what the Grexit, or an even larger collapse of the Euro, might do to its house-of-cards stock market. Everybody else is worried about what a Chinese collapse could do to their markets, especially since Western socialists have sold so much of their own nations to China over the years.
Libya is more Hillary Clinton’s disaster than Barack Obama’s, although that does not let him off the hook for agreeing to her push for intervention. Neither of them had the faintest, foggiest clue what to do with the ruins of the country after Moammar Qaddafi was ousted.
Russian President Vladimir Putin used his trip to Italy to attempt to persuade Italian officials to end the sanctions against his country, which he claims hurt Italian businesses. He also snuggled close with disgraced politician Silvio Berlusconi.
To buy peace with climate change activists after the Environmental Protection Agency (EPA) determined that oil fracking does not poison water, President Obama has signed an executive order tripling the size of the Farallones National Marine Sanctuary, just north of San Francisco. The order bans oil drilling in the area Obama renamed the “Greater” Farallones National Marine Sanctuary. The move is merely symbolic, since there are no oil reserves in the area.
The government of Guyana has declared Venezuela a “regional threat” after the socialist nation imposed an expansion of its “integral maritime zone” deep into Guyanese waters, just months after President Obama denounced Venezuela as a threat to America’s national security.
Over the weekend, Russian President Vladimir Putin appeared to endorse Ukrainian sovereignty when he told Italian publication Corriere Della Sera that Donetsk and Luhansk regions should remain with Ukraine, but only under certain conditions.
As Governor Brown wrestles with the Democrat-run state legislature on how to spend the state’s supposed $3 billion surplus, he is being challenged by California’s powerful environmentalist lobby.
