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Blowout: Another Side of the Deepwater Horizon Story

Blowout: Another Side of the Deepwater Horizon Story thumbnail

In November 2012 Bob Kaluza was in Houston meeting with the defense lawyers that his employer, the British oil giant BP, had hired on his behalf. Two and a half years earlier, Kaluza had been one of two BP supervisors on the Deepwater Horizon oil rig the night it exploded, and he was worried that […]


Russian Gas Mega-Pipeline To China Goes Online As Putin & Xi Hail Closer Ties

Russian Gas Mega-Pipeline To China Goes Online As Putin & Xi Hail Closer Ties thumbnail

Late Monday Chinese President Xi Jinping and Russia’s Vladimir Putin jointly launched the major unprecedented cooperative project that had been years in the making called the ‘Power of Siberia’ gas pipeline. The China-Russia east-route pipeline is now providing China with Russian natural gas, which according to Chinese state media is expected to reach 5 billion cubic meters in 2020 and increase […]


‘I kept the oil’: Donald Trump defends U.S. withdrawal

‘I kept the oil’: Donald Trump defends U.S. withdrawal thumbnail

President Donald Trump defended his policy on Turkey as the NATO ally faces scrutiny from member nations – and repeated his assertion that he ‘kept the oil’ inside Syrian territory. The president proclaimed: ‘We can do with the oil that we want’ – although the Pentagon said last month that Syrian Democratic Forces were getting […]


Brouillette Takes Over as Energy Secretary

Brouillette Takes Over as Energy Secretary thumbnail

The U.S. Senate on Dec. 2 confirmed Dan Brouillette as the new Secretary of Energy, tapping the former lobbyist for Ford Motor Company to replace Rick Perry, the former Texas governor who stepped down as Department of Energy (DOE) chief after becoming part of the impeachment inquiry into President Trump. Perry’s tenure was marked by […]


Brexit and Peak Oil

Public Policy

Authored by Haley Zaremba via OilPrice.com, The uncertainty of the future of Brexit has left the United Kingdom’s economy in stagnation as business investment falters on the eve of the nation’s December general election. While Boris Johnson tries to rally voters to instill their confidence in him to usher in a new era of economic prosperity […]


Furious China Shadows Two US Warships Sailing Through Disputed Waters, Warns Them To Leave

Furious China Shadows Two US Warships Sailing Through Disputed Waters, Warns Them To Leave thumbnail

China is again furious after the US sailed several warships through the heavily disputed waters in the South China Sea, military sources told Reuters.  The move by the US has escalated tensions between both countries, already tense as the latest round of trade talks have fallen apart, and the signing of the phase one trade deal […]


Israel Carries Out ‘Wide-scale’ Strikes on Iranian Targets

Israel Carries Out ‘Wide-scale’ Strikes on Iranian Targets thumbnail

Jerusalem — The Israeli military said it struck dozens of Iranian targets in Syria on Wednesday, carrying out a “wide-scale” strike in response to rocket fire on the Israeli-controlled Golan Heights the day before. A Britain-based war monitoring group said the Israeli airstrikes killed 11 people, including seven non-Syrians who were most likely Iranians. Syrian state […]


Enter the Old White Knight

Enter the Old White Knight thumbnail

They say he has beheld the weenies of the field and found them wanting — no, dangerously feeble, limp, insipid, deluded unto a kind of hebephrenia — and now, just maybe, Michael “Mike” Bloomberg will don the old steel breastplate and Kevlar jockstrap, take up the lance, and sally forth in a Lincoln Navigator to […]


Exposing The Plan For A Global Dystopia

Exposing The Plan For A Global Dystopia thumbnail

Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable exchange controls to be introduced between nations by separating cross-border trade payments from domestic money circulation. The […]


s a new Arab Spring unfolding in the Middle East?

s a new Arab Spring unfolding in the Middle East? thumbnail

As the last of the Middle Eastern summer fades away, is the region slipping into a new Arab spring? In Iraq, demonstrators are being shot dead in the streets. In Lebanon, protesters have paralysed the country and seem set to bring down the government of Prime Minister Saad al-Hariri. In recent weeks the Egyptian security […]


‘Mission creep’: US to block Russian, Syrian forces from vast oil fields

‘Mission creep’: US to block Russian, Syrian forces from vast oil fields thumbnail

The U.S. mission in Syria has morphed far beyond counterterrorism operations and now puts American forces in a position where they could battle Russian troops for control of Syrian oil. A day after President Trump announced a successful raid that resulted in the death of Islamic State leader Abu Bakr al-Baghdadi, Pentagon officials said the […]


Renewed protests challenge Iraqi government as death toll rises

Renewed protests challenge Iraqi government as death toll rises thumbnail

Iraqi Prime Minister Adil Abd al-Mahdi’s year-old government hung on to power Friday, as mass protests over corruption, unemployment, and poor services — and a heavy-handed government response to recent demonstrations — brought parts of Baghdad and southern Iraq to a standstill. The Iraq Human Rights Commission said late Friday that at least 30 people […]


“We Want To Keep The Oil”

“We Want To Keep The Oil” thumbnail

“Well you may throw your rock and hide your hand, workin’ in the dark against your fellow man. But as sure as God made black and white what’s down in the dark will be brought to the light.” ~ Johnny Cash/traditional, ‘God’s Gonna Cut You Down’ The Grayzone has an excellent new article out titled […]


Pentagon readying plan to contain Islamic State, safeguard oil

Public Policy

U.S. military leaders are preparing a plan that could keep Islamic State fighters from regaining a foothold in Syria, while preventing Syrian oil from falling into the hands of Iran or the militant group, a Republican senator said on Thursday. “There’s a plan coming together from the Joint Chiefs that I think may work, that […]


Washington Thwarts Maduro’s Devious Oil Debt Scheme

Public Policy

The U.S. Treasury is blocking for 90 days creditors from seizing shares in Venezuela’s U.S. subsidiary Citgo, temporarily shielding the prized Venezuelan asset in a win for Venezuela’s opposition and its leader Juan Guaidó. Venezuela’s state oil firm PDVSA must make a payment of US$913 million on a 2020 bond on Monday, October 28, but […]


6 Warning Signs That Civil Unrest Is Imminent

6 Warning Signs That Civil Unrest Is Imminent thumbnail

This week has been “interesting” in South America. Interesting, indeed, but as in the ancient Chinese curse style. For those of us in this side of the hemisphere, having been able to witness first-hand, in the front line, how the very same plot that made us get the heck out of our country, is unleashing a vendetta […]


Greta Thunberg’s climate change rally is crashed by counter-protest led by truck convoy of oil and gas workers in Canada

Greta Thunberg’s climate change rally is crashed by counter-protest led by truck convoy of oil and gas workers in Canada thumbnail

Greta Thunberg joined thousands of protesters marching in Canada‘s energy heartland Alberta yesterday as a smaller counter-rally led by a truck convoy of oil and gas workers also converged on the provincial capital Edmonton. A crowd of several thousand led by indigenous drummers with students, young people and families marched slowly from a downtown intersection […]


Our Economy Is Broken. Here’s How to Fix It.

Public Policy

Last week at the UN Headquarters in New York, experts, ministers, civil servants and development workers gathered from around the world to discuss sustainable development. But they weren’t the only ones who were mobilising. For the last year or so, young people have been marching in their thousands – their hundreds of thousands – to […]


violent clashes hit Chile, Hong Kong, Lebanon and Barcelona

violent clashes hit Chile, Hong Kong, Lebanon and Barcelona thumbnail

Here’s the latest in each of the country’s affected by unrest Riot police fire tear gas to disperse demonstrators during a protest targeting the government over an economic crisis, near the government palace in Beirut, Lebanon October 18, 2019. Reuters Protests have broken out in several countries across the world, with citizens unhappy for different […]


Chile declares state of emergency amid student riots

Chile declares state of emergency amid student riots thumbnail

Protests and rioting have intensified in Santiago, where students are opposing a hike in the price of subway fares. Authorities enacted a state of emergency after a night of vandalism and violence. Chilean President Sebastian Pinera declared a state of emergency in parts of Santiago early Saturday morning after protesters started fires at subway stations […]


U.S. Department of Transportation Proposes Major Rule for the Safe Transportation of Liquefied Natural Gas by Rail Tank Car

Public Policy

Today, the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA), in coordination with the Federal Railroad Administration (FRA), announced that it is publishing a notice of proposed rulemaking (NPRM) regarding the transportation of liquefied natural gas (LNG).  The proposed rule will seek comment on changes to the Hazardous Materials Regulations (HMR) to […]


“Oil for development” budget, challenges and opportunities

“Oil for development” budget, challenges and opportunities thumbnail

Iran has recently announced that its next fiscal year’s budget is going to be set with less reliance on oil revenues. Last week, Head of the Country’s Budget and Planning Organization (BPO) Mohammad Baqer Nobakht said “In the next year’s budget – it starts on March 19, 2020 – oil revenues will be only spent […]


Why Don’t We Fight Wars Over Carrots?

Why Don’t We Fight Wars Over Carrots? thumbnail

What are the geopolitics of carrots? It’s an odd question to ask, but one posed by veteran oil analyst Professor Paul Stevens at the LNGgc conference held October 9-10 in London. The point of the question is that carrots do not have geopolitics because they are cheap, abundant and available nearly everywhere. Stevens was comparing […]


Who Owns the Arctic?

Public Policy

In August, President Donald Trump made international headlines when he voiced an interest in buying Greenland, the world’s largest island, which teeters on the edge of the icy Arctic Ocean. As it turns out, Greenland isn’t for sale, and Trump was widely ridiculed for his diplomatic blundering. Yet, many wondered what could be behind this […]


Can American Values Survive in a Chinese World?

Can American Values Survive in a Chinese World? thumbnail

The People’s Republic of China bounds from strength to strength. Every year sees increases in its wealth and power relative to the world. But what do its leaders hope to achieve with their newfound clout? China’s Vision of Victory, Jonathan D.T. Ward, Atlas Publishing, 316 pp., $25, March 2019 This is the topic of Jonathan […]


Oil Rises as Iran Tanker Attack Reignites Mideast Risk

Public Policy

Oil jumped to the highest in two weeks after the U.S. and China reached a partial agreement following trade talks and as an Iranian oil tanker was struck. Futures in New York climbed 2.2% on Friday and the global benchmark Brent closed above $60 a barrel for the first time in nearly two weeks. The […]


Trade Talks Loom Over Oil

Public Policy

(Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) – S. oil exports increased from an average of 966,000 bpd in the first half of 2018 to an average of 2.9 mb/d in the same period this year. – In June 2019, the U.S. set an average monthly record high of 3.2 […]


Iraq protests: Death toll soars after four days of protests

Iraq protests: Death toll soars after four days of protests thumbnail

Image copyright AFP Image caption Violence intensified on Friday, despite the Iraqi prime minister’s appeal for calm The death toll in anti-government protests that have swept Iraq the past five days has soared to at least 70, security and medical sources say. The figure has more than doubled since Friday, as clashes between protesters and […]


How far is far enough in an emergency?

How far is far enough in an emergency? thumbnail

The world is on fire and no one in power seems able to do anything about it. Natural disasters come in ever greater frequency and intensity, while “climate refugee” is no longer a notional term. Irreversible feedback loops, scientists warn, are rapidly approaching. We have 12 years — or maybe only 18 months. The crisis […]


Saudi Elites Question MbS’ Ability To Lead World’s Largest Oil Exporter After Aramco Attack

Saudi Elites Question MbS’ Ability To Lead World’s Largest Oil Exporter After Aramco Attack thumbnail

Sources told Reuters that members within Saudi Arabia’s ruling family and business elites are increasingly becoming frustrated with Crown Prince Mohammed bin Salman (MbS) after the largest-ever attack on Saudi oil facilities on September 14, reported Reuters. Distinguished members within the ruling Al Saud family have expressed deep concern about MbS’ ability to defend and […]


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