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.
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.
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.
Richard Heinberg speaking to Lynn Gary on Unwelcome Guests SHOW #206 9 May 2004 Dwindling Oil and 9/11 – Part 4 of the International Inquiry on 911’s Unanswered Questions
Norwegian oil workers are going on strike from today, cutting output from the world’s third- largest oil exporter, after two unions failed to reach a pension accord with employers.
Despite concerns about global warming, the prime minister’s energy plan stresses the importance of fossil fuels and rejects the Kyoto Protocol
THE European Union would be prepared to match a Japanese offer to pay a greater share of the construction costs of the world’s first prototype nuclear fusion reactor in order to host the project, an EU source said late on Tuesday.
We need both cheap money and cheap energy, in particular oil and its derivatives. The problem is that we can print our own money in any quantity the Fed deems sufficient to keep the economy humming along. But we can only provide 40 percent of the oil we must have from domestic sources.
“We went into Iraq with ideological lenses. If you start with a rosy scenario and work backward, you’re in a world of shit. And that’s where we are,” said Naval War College professor, Ahmed S. Hashim.
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”.
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.
We remain wilfully blind to the fact that this festival of credit cannot go on.
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?