Oil – Page 14 – THE OVAL CIRCLE

US secretly building airport in Syria near oil field (Full show)

Posted on February 16, 2021February 16, 2021By Editor

Critics allege that the continuing US presence in Syria, which will soon include a permanent airport, is all so US interests can plunder oil to which they have no legitimate claim. The airport is being built despite opposition from Syria’s internationally recognized government. Rick Sanchez explains. … Read More >US secretly building airport in Syria near oil field (Full show)

Middle East

US Forces in Syria Reportedly Bring Convoy of Weapons, Equipment to Oil Field in Deir ez-Zor

Posted on February 15, 2021February 15, 2021By Editor

Washington maintains its military presence in the Arab Republic despite having neither a UN Security Council mandate, nor an invitation from Damascus to do so. The previous administration of Donald Trump vowed twice to withdraw all troops, but in the end, left a small contingency to “keep the oil”. … Read More >US Forces in Syria Reportedly Bring Convoy of Weapons, Equipment to Oil Field in Deir ez-Zor

Middle East

US Troops Not Involved in Guarding Syria’s Stolen Oil, Pentagon Says

Posted on February 10, 2021February 10, 2021By Editor

In 2019, the US redeployed troops from the Syrian-Turkish border into the war-torn country’s interior, with President Donald Trump admitting freely that the forces were assigned to “take the oil.” Russia estimates that the Pentagon, the CIA, contractors and Kurdish militias make over $30 million a month smuggling the stolen oil out of the country. … Read More >US Troops Not Involved in Guarding Syria’s Stolen Oil, Pentagon Says

Business

China continues to be main driver for oil demand in 2021

Posted on January 30, 2021January 30, 2021By Editor

Expanding refining capacity in the world’s largest oil importer, China, continues to support the global oil market and demand, even at times when demand elsewhere is tepid. … Read More >China continues to be main driver for oil demand in 2021

USA

Biden to make ban on oil & gas drilling on federal property PERMANENT, media reports say

Posted on January 28, 2021January 28, 2021By Editor

President Joe Biden will reportedly ban all new oil and gas drilling permits on federal land, as his volley of orders aimed at slowing climate change continues. But his efforts have already caused uproar even among his own voters. … Read More >Biden to make ban on oil & gas drilling on federal property PERMANENT, media reports say

Business

Saudi Arabia is on the brink of losing control of oil markets

Posted on January 27, 2021January 27, 2021By Editor

Saudi Arabia is tackling a deepening deficit, an international green transition drive that seeks to make its main export commodity obsolete and a number of powerful rivals on the international oil markets. … Read More >Saudi Arabia is on the brink of losing control of oil markets

Middle East

US ‘Plundering’ Syrian Oil to ‘Send to Israel’, Claims US Ex-Diplomat

Posted on January 24, 2021January 24, 2021By Editor

The United States is plundering Syria’s natural resources to send them to other places that will benefit from American theft, claimed J. Michael Springmann, a former US diplomat in Saudi Arabia. … Read More >US ‘Plundering’ Syrian Oil to ‘Send to Israel’, Claims US Ex-Diplomat

Business

India hopes to import more Iranian, Venezuelan crude under Biden

Posted on January 23, 2021January 23, 2021By Editor

India hopes it could diversify its oil suppliers under the new US Administration that could relax restrictions on oil exports from Iran and Venezuela, India’s Oil Minister Dharmendra Pradhan told Bloomberg TV in an interview. … Read More >India hopes to import more Iranian, Venezuelan crude under Biden

Middle East

Iranian minister boasts about significant rise in oil exports despite US sanctions

Posted on January 22, 2021January 22, 2021By Editor

Iran’s petroleum minister has bragged about the country’s rising oil exports in the face of US sanctions, as the nation claims that its international petroleum sales have hit record highs. … Read More >Iranian minister boasts about significant rise in oil exports despite US sanctions

Latin America

Venezuela Reportedly Mulls Letting Private Firms Operate State Oilfields Amid Stifling US Sanctions

Posted on January 17, 2021January 17, 2021By Editor

Venezuela, which boasts the largest proven oil reserves on the planet, has been mired in an economic crisis as it struggles with challenges driven by the collapse in crude production driven by the coronavirus pandemic, as well as crippling US sanctions. … Read More >Venezuela Reportedly Mulls Letting Private Firms Operate State Oilfields Amid Stifling US Sanctions