Archive for the 'Middle East' Category



The 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.

Just as the debate rages of Iraq’s oil law, new government figures show that Britain is now importing only the tiniest fraction of its oil from the Middle East, sourcing its crude instead from the Americas, Africa and Norway.
An analysis by UK government officials reveals how dramatically the map of UK oil sources has […]

In what is being described as a startling reversal of history, a Middle Eastern energy company is pushing into the Canadian oil and gas market looking for secure supplies.
Abu Dhabi National Energy Company has said it has struck a deal to buy Northrock Resources Ltd., a Calgary-based oil and gas exploration firm, for $2-billion from […]

This is a really hot political potato. The British BG Group is poised to agree the terms of an historic $4 billion deal to supply Palestinian gas to Israel from a discovery off the Gaza coastline.
Representatives from BG are due to thrash out a 15-year contract with the Israeli Cabinet next week. Despite the violence […]

The UK Environment Secretary David Miliband has said that dealing with climate change does not only help the environment but bring a “peace dividend” because the world’s “oil dependence creates real danger”.
Mr Miliband said it was “right” for a growing movement in the US to push for energy independence in the United States, […]





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