Oil market balanced on a knife’s edge in absence of Iraqi crude
The recent sabotage of Iraq’s oil pipelines has raised fresh concerns about production capacity and room for maneuver in case of a crisis amid firm global oil demand.
Americans leaving Saudi Arabia in droves
Thousands of workers fleeing stepped-up kidnappings by al-Qaida.
Fresh fears emerge of Euro-grab for UK oil
Concern that the European Commission could gain control of Britain’s North Sea oil resurfaced last night.
Cheap oil now, high costs later
IN THE short run, it is good news that the price of a barrel of crude oil has fallen below US$40 (S$69). In the long run, however, this is not good news. In fact, it may be terrible news.
Enron and Bush energy policy: news roundup 17 June 2004
FERC orders California to pay Enron and other energy companies $250M, the very companies that the state argues should be refunding $9 billion to California for market rigging during the power crisis three years ago. Meanwhile, questions are raised about Cheney’s knowledge of price fixing. And Bush attempts to revive failed Ken Lay inspired energy policy.
Bio warfare: Nothing more exposes fantastic delusions of the nutters who run the USA
Since 9/11 more than US$10 billion has been spent on biological weapons, and the physical plant at the Fort has been expanded to the tune of $400 million.
Kazakhstan builds oil ties with Iran
Kazakhstan announced on Friday that it planned to build two oil terminals in Iran as it ramps up a lucrative oil-swap export arrangement that has been criticised for lack of transparency.
India, China and Energy Security
The key energy-related issues for these two countries are increasing energy
dependency on imported oil, growing environmental concerns due to the dependency
on coal, transportation and supply problems, and regional geopolitics.
Oil chief: my fears for planet
The head of one of the world’s biggest oil companies has admitted that the threat of climate change makes him “really very worried for the planet”.
Saudi oil targeted, experts say
Escalating sabotage against pipelines in Iraq is heightening fears that terrorists are planning a wholesale assault on energy targets throughout the region and are taking aim at the world’s largest oil supplier — Saudi Arabia.
UK: Gluttons for punishment
We remain wilfully blind to the fact that this festival of credit cannot go on.
Crude oil squeeze continues
The important point is this: Why is OPEC busy asking Russia and other non-cartel producers to boost their production if Saudi Arabia has everything under control?
