Archive for the 'Middle East' Category
Guns for Oil?
2 Comments Published by Andy Rowell April 25th, 2008 in Middle East, US foreign policy, oil and gas production, violenceA group of US senators is pressing President Bush to halt billions of dollars in sophisticated arms sales to Saudi Arabia and several other Gulf oil producers unless they agree to pump more oil.
The senators said if Saudi Arabia does not increase production, they would seek a resolution that would block the arms deals. But […]
Al Qaeda Attacks Oil Interests in Yemen
0 Comments Published by Andy Rowell April 10th, 2008 in Al Qaeda, Middle East, violenceThings are certainly hotting up for foreign oil companies in Yemen. A blast shook an area near the headquarters of Canadian oil company Nexen in the capital Sanaa yesterday.
The blast followed Sunday’s mortar attack by an Al Qaeda terrorist organization on a residential complex in Yemen that houses executives and the headquarters of Safer E&P […]
World Oil Output Struggling, Say Arab Experts
0 Comments Published by Andy Rowell October 31st, 2007 in Middle East, Peak Oil, oil and gas productionLeading figures from the Middle East oil industry have added their voices to those warning that the world is struggling to sustain rising oil production.
“There is a real problem — that supply may not be possible to increase beyond a certain level, say around 100 million barrels,” Libya’s National Oil Corporation chairman Shokri Ghanem said […]
Kuwait: We have 100 Billion Barrel Oil Reserve
1 Comment Published by Andy Rowell July 12th, 2007 in Middle East, OPEC, oil reservesOPEC-member Kuwait has reconfirmed that its oil reserves are 100 billion barrels, disputing a report that the figure was around half that amount.
“We confirm that Kuwait’s oil reserves are 100 billion barrels,” acting oil minister Mohammad al-Olaim told reporters after briefing parliament in a closed-door session about the levels of reserves in the Gulf emirate.
Trouble in the Colonies
0 Comments Published by Mark Floegel July 5th, 2007 in Big Oil Profits, End Oil Aid, Iraq, Middle East, Oil, Politics, US politics, War, nationalisationThe Fourth of July was cool and rainy in Vermont, as it seems to be with surprising regularity. I suppose that’s why my town sets off its fireworks on the evening of July 3rd, which was perfect for pyrotechnics this year.
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