Oil - Page 26

Amid reports that the new strategy of hitting ISIS economic targets, including its cash reserves and oil infrastructure, is significantly harming the Islamic State comes a complaint from the Syrian government that it is harming them as well.

The Islamic State (ISIS/ISIL) has started auctioning off property belonging to Christians in Mosul, Iraq, as a way to raise funds.

The Times of India reports the latest evidence that economic warfare against the Islamic State is doing some real damage: a 50 percent pay cut for salaries to fighters in Syria, announced in December by the ISIS equivalent of the Treasury Department in their capital city of Raqqa.

From CNN Money: The end of economic sanctions against Iran could shake up oil markets. U.S. and European Union sanctions on Tehran were finally lifted on Saturday, restoring Iran’s access to world’s markets. Iran has been gearing up for this

During Obama’s last State of the Union address on January 12, he described “conventional power”–oil, coal, etc.–as “dirty energy” that must be replaced by wind and sun power.

Turkish Airlines removed two Russian women from a flight to Bahrain at Atatürk Airport on January 10 due to “unruly behavior.”

A string of car bombings and other terrorist actions was topped off with a massive truck bomb that killed 47 people at a police training center in the western town of Zliten, Libya today.

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.

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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.

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