Oil companies – Page 3 – THE OVAL CIRCLE

US fuel shortage ‘NIGHTMARE’ a direct consequence of terrible policy decisions – analyst

Posted on May 13, 2021May 13, 2021By Editor

The ransomware cyberattack that paralyzed one of the US’ biggest and most vital oil hubs – the Colonial Pipeline – has resulted in fuel shortages in eight states across the US East Coast. … Read More >US fuel shortage ‘NIGHTMARE’ a direct consequence of terrible policy decisions – analyst

Shows

A world beyond borders, carbon capture tech is a joke, the PRO Act

Posted on April 30, 2021April 30, 2021By Editor

Lee Camp interviews documentarian Arthur Kanegis on his documentary ‘The World Is My Country’. The film focuses on Garry Davis, a World War II veteran who renounced his US citizenship and declared himself a citizen of the world. … Read More >A world beyond borders, carbon capture tech is a joke, the PRO Act

World

UN concerned over partial shutdown of Libya’s oil production, says all parties must ensure equitable resource management

Posted on April 23, 2021April 23, 2021By Editor

The shutdown of production at Libya’s Hariga port and hints of expanding the suspension is a cause for concern as the oil industry remains essential for the country’s recovery from a “very costly” conflict, a UN mission said. … Read More >UN concerned over partial shutdown of Libya’s oil production, says all parties must ensure equitable resource management

Business

Alaska won’t let Biden stop its oil boom

Posted on April 5, 2021April 5, 2021By Editor

Alaska’s oil industry has seen a string of new discoveries and planned developments in recent months. … Read More >Alaska won’t let Biden stop its oil boom

Business

China overtakes US as world’s largest refiner

Posted on March 27, 2021March 27, 2021By Editor

As the shift in oil demand from Covid-19 turned the tables of regional levels of fuel production and exports, China succeeded in overtaking the USA as the world’s biggest oil refiner in 2020. … Read More >China overtakes US as world’s largest refiner

Latin America

Maduro’s Oil Bonanza: Under What Conditions Will Energy Giants Return to Venezuela?

Posted on March 25, 2021March 25, 2021By Editor

Oil companies are reportedly considering returning to Venezuela after President Nicolas Maduro signalled that he was ready to end the monopoly of state-owned Petroleos de Venezuela SA (PDVSA) and open the industry up to foreign investments earlier this year, according to Bloomberg. … Read More >Maduro’s Oil Bonanza: Under What Conditions Will Energy Giants Return to Venezuela?

Latin America

Venezuela says natural gas plant explosion was ‘terrorist attack’ targeting sanctioned state-run energy company (VIDEOS)

Posted on March 22, 2021March 22, 2021By Editor

The Venezuelan petroleum minister said that Saturday’s powerful explosion and blaze at a gas plant was the result of a terrorist attack. The plant belongs to the state-run energy company (PDVSA), which was sanctioned by the US. … Read More >Venezuela says natural gas plant explosion was ‘terrorist attack’ targeting sanctioned state-run energy company (VIDEOS)

Business

UK faces decline in oil production

Posted on March 18, 2021March 18, 2021By Editor

The UK oil industry is facing a marked decline in production due to a drop in investment amid the pandemic, Bloomberg reports, citing data from Oil & Gas UK. … Read More >UK faces decline in oil production

World

U.S. Government Turns Somalia Into Failed State to Steal Its Oil for Shell and Exxon-Mobil

Posted on March 17, 2021March 17, 2021By Editor

United States foreign policy in Somalia has always sided with the wrong side.” That’s how Mohamed Haji Ingiriis, a young Somali historian studying for his doctorate at Oxford, summarized Washington’s legacy there in an interview with CovertAction Magazine. … Read More >U.S. Government Turns Somalia Into Failed State to Steal Its Oil for Shell and Exxon-Mobil

Shows

China, Iran unite over oil deal while US worries (Full show)

Posted on March 17, 2021March 17, 2021By Editor

China has moved to significantly increase its purchases of Iranian oil, much to the consternation of the US and its allies. RT America’s Alex Mihailovich reports on the Chinese stake in easing tensions between Washington and Tehran. Meanwhile, militias in Iraq launched a rocket attack on Monday night against a military base in Baghdad that houses US troops. … Read More >China, Iran unite over oil deal while US worries (Full show)