U.S. Extends License For Transactions With Venezuela's PDVSA
Experiencing anxiety following the halting of US missile defense plans in Poland, Warsaw uses US technology to make its air force the biggest by far in Central Europe. Since the…
During the course of May 2010, Iran and Venezuela continued to pursue agreements in the areas of security, business, housing, and so-called "non-aligned country" diplomacy. Energy, however, remains the mutual…
In 2006, when I wrote this, and culled directly from their 10K, ExxonMobil paid $30.7 billion in excise taxes, $41.6 billion in other "taxes and duties", and $59.4 billion in…
Massive investment in clean energy projects has propelled China to the number one spot in a report ranking the world’s most attractive locations for renewable energy investment. Ernst & Young’s…
At one level, the proposal by the EU high representative for foreign policy, Catherine Ashton, to abolish EU special representatives for the South Caucasus and Moldova is no more than…
INCIDENT: Iran has disputed a recent report from the International Atomic Energy Agency (IAEA) claiming that it intends to use depleted fuel rods for pyroprocessing experiments, as a proposed round…
Middle East oil countries should increase production of heavy oil as oil prices remain higher and improved technology makes it easier, those attending an industry conference in Bahrain were told.…
The divergence between oil and gas prices in Canada and the U.S. has reached epic proportions. Currently the oil-to-gas price ratio sits around 15. Up considerably from the historic average…
I mentioned last week that the Asian gas market is in flux. Prices are changing to account for the dynamic supply-demand balance in the region. A further illustration came this…
The gold rush is back on in California. On my way back from Lake Tahoe recently, I saw that every bend of the American river was dotted with hopeful amateur…
I suppose it was inevitable that we would arrive at the moment in the ongoing oil spill crisis at which the baby would be thrown out with the bath. That…
There definitely appears to be something going on with global bulk shipping. I mentioned last week that shipping rates (as measured by the Baltic Dry Index) for Capesize vessels have…
Obama’s national security strategy lays out a vision of US global power based on a strong, modern economy at home and multilateralism abroad. But other forces in the US body…
Unless you're a chemist or paleontologist, you've quite possibly never heard of iridium. The metal is one of the "little brothers" amongst the platinum group elements. The United States used…
On paper, it should be a perfect match. Qatar has huge amounts of gas to export and its neighbours are desperately prowling for reliable energy supplies to power their emerging…
Officials in Moldova and Georgia are reacting with concern to speculation that the EU is poised to remove special representatives appointed to their regions. If confirmed, the change would signal…
The continued failure of BP’s efforts to stop the Gulf oil spill and mounting political pressure are putting the very future of the British-based oil giant in question. BP shares…
An official directive that grants the US army expanded counterinsurgency powers reveals Washington’s imprisonment in an exhausted vision of security. An early decision of Bill Clinton after he became president…
When I was at the Hard Asset Investment Conference in New York a few weeks ago, every hour someone would stop by my table, mention the word "rhodium", and walk…
While dramatic, the torpedoing of a Republic of Korea navy corvette in late March was not unexpected and it may have signalled the rise of Kim Jong-Il's youngest son, Earlier…