Tag Archives: Oil

Trump Is Taking The US-Saudi Relationship To The Next Level​ By
WASHINGTON, DC – One of the major tenets of Donald Trump’s presidential campaign was his promise to bring about “complete American energy independence,” a promise that won him the unwavering support of the U.S. fossil...
NATO’s War Of Resources Is Causing A Humanitarian Crisis In West Africa By
NEW YORK — (Analysis) In late February 2017, Norway hosted an international humanitarian conference on Nigeria and the Lake Chad region in hopes of attracting major donors to fund relief work.  As Norway’s Minister of Foreign Affairs Børge Brende explained, “The...
Trump’s Russia Charm Offensive Is Meant To Isolate Iran, China By
NEW YORK — (Analysis) Donald Trump’s presidential campaign rhetoric was a cocktail of ostensibly nationalist economics and isolationist foreign policy that was viewed by much of the punditocracy as a sharp break from traditional U.S. policy. But while his words...
Venezuela Cash Reserves Reach New Low Amid U.S.- Led Sabotage By
TEMUCO, CHILE — Despite having the world’s largest oil reserves, Venezuela’s economy has struggled to stay afloat in recent years. The Venezuelan government, led by Nicolás Maduro, has been forced to take out loans from China and Russia to avoid an economic collapse. Unsurprisingly,...
Contradicting Trump, Defense Secretary Says US ‘Not In Iraq To Seize Anybody’s Oil’ By
(REPORT) — The United States is not about to plunder Iraq’s oil, US Defense Secretary James Mattis said as he arrived in Baghdad on Monday and sought to soothe partners rattled by remarks from President Donald Trump. Trump has repeatedly said both while campaigning...
Shell, Eni Charged With Corruption In Billion Dollar Nigerian Oil Deal By
(REPORT) — Italian prosecutors have charged oil giants Shell and Eni with international corruption offences, as the companies struggle with the fallout from their controversial 2011 purchase of an oil licence in Nigeria. Several senior executives from the two companies...
In Trump’s World, Money Talks & Saudi Arabia Gets A Free Pass By
President Trump’s Muslim ban is not only mean-spirited and, hopefully, unconstitutional, but it is irrational because it doesn’t even include the country most responsible for spreading terrorism around the world: Saudi Arabia. The travel restrictions on seven Muslim-majority...
For 40 Years, Iran’s Been Preparing For The War The US Has Been Threatening By
IRVINE, California — (Insights) The Trump administration’s aggressive rhetoric and actions have alarmed the world. The protests in response to his visa ban that have targeted mostly Muslims from seven nations the United States has targeted in its wars of aggression...
BP, Total Set To Drill Near Newly Discovered Amazonian Coral Reef By
BP and Total are planning to drill for oil near a recently discovered coral reef off the coast of Brazil, Energydesk can reveal. Together the oil majors own five deepwater exploration licences in the Foz do Amazonas (Mouth of the Amazon River) basin and are expected to...
Trump’s Talk Of Seizing Iraq’s Oil Sparks Concern By
WASHINGTON  — No one knows how seriously to take President Donald Trump’s threat to seize Iraq’s oil. Doing so would involve extraordinary costs and risk confrontation with America’s best ground partner against ISIS, but the president told the CIA this...