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Ecuador and Venezuela inaugurate joint oil field at Orinoco
Caracas, Venezuela, 28 August, 2008. During the current working visit of Ecuadorian President Rafael Correa to Venezuela, a stronger oil cooperation between PDVSA and Petroecuador has been forged. In...VP candidate Palin - Polar Bears Not Endangered; Drill 4 Oil in AK - Please!
"If McCain hoped to stop Democrats from getting much mileage out of the oil issue in this presidential election, he picked the wrong vice presidential candidate. His choice, Alaska Gov. Sarah Palin, comes from a...
Bolivia leader building ties with Iran, Libya
To the desmise of US Bush administration, Boliva gets closer to both Iran and Libya. " 2008-08-29 16:15:20 - LA PAZ, Bolivia (AP) - Bolivia's leftist president is heading for Libya and Iran to strengthen ties with the two oil powers from Africa and the Middle East.... Bombing Campaign Against Iran 'Within Weeks'
THE HAGUE - A highly successful operation inside Iran's 'arms industry' by Dutch intelligence service AIVD, aimed at disruption and sabotage, has been halted and Dutch intelligence personnel has been withdrawn... Ex London Mayor Kenneth Livingstone now advisor of pro-Chavez candidates (Upd...
After the electoral defeat of British Labour party Mayor Kenneth Livingstone in London during the May local elections, conservative local government led Boris Johnson void a cooperation agreement with the Chavez... Fear of Oil supply disruption from Hurricane Gustav.
Fear of Oil supply disruption from Hurricane Gustav. The Oct NYMEX crude oil put in a lower low ($112.36 vs. $113.68) but closed higher at $116.27 (vs. $115.11 the day before), mostly on fear of supply disruption from Hurricane Gustav. Also, OPEC meets Sept 9 and may decide...Venezuelan Gov not to expropriate gas stations
" The Organic Law on Rearrangement of the Domestic Market of Liquid Fuels, to be passed in a first session next Wednesday, does not provide for seizure of the gas stations operating in the country, reported Deputy... Canada Gears Up For Arctic Tensions With Russia
""Use it or lose it, is the first principle of Arctic sovereignty." """- Canadian PM Stephen Harper""""The Canadian Military began a series of training exercises, perparing for possible conflicts in the... Israeli Oil Vs. Ecosystem
Two Israeli oil companies believe that a quantity of 6.5 million barrels of oil is likely to be found in the Judean Desert Nature Reserve - enough to satisfy Israel's oil demands for about a month. The Society for the Protection of Nature in Israel argues that the stretch of...Georgia Official: Train on Fire After Hitting Mine
I think that this will raise oil prices in Asia in few hours. Rising oil prices will benefit Russia, which's economics have shown some weakening signals. "A train carrying oil products hit a landmine on Sunday,... ‘Use It or Lose It’ spurs oil companies
OpEd by Sen. Russ Feingold, exposing the Republican/Big Oil "drill the coasts" campaign; US land is already under lease by oil companies, and they aren't drilling it. Besides, the main focus needs to be on... Questions and Answers on What to Do About Oil and Energy
Robert Reich sorts through energy policy and the hype over drilling the coasts, in a "Q & A" format."Answering questions posed by the media during an election campaign is like shouting down a well. Responses... Biggest Fall in Oil Since 2004
After worries that growing tensions between Russia and the US over Georgia could degenerate into a war led to higher prices this week there has been a big reversal, a fall in the price of oil of 5.4%. Conversely, the dollar is up."Crude oil prices fell more than 5.4 percent...choppy trading in oil and the US dollar
choppy trading in oil and the US dollar Foreign Exchange Currency Outlook : What really has changed in all this choppy trading in oil and the US dollar? Not much. We could redraw our channels to accommodate the activity this week and try to forget the whipsaws. By such a...
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