China covertly offering North Korea missiles, aid to halt nuclear program

China’s Communist Party adopted a secret plan in September to bolster the North Korean government with increased aid and military support, including new missiles, if Pyongyang halts further nuclear tests, according to an internal party document. The document, labeled “top secret” and dated Sept. 15 – just 12 days after North Korea’s latest underground nuclear blast… Please follow and like us:

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Six Ways Oil And Gas Development Can Contaminate Land And Water (And What To Do About It)

As oil and gas production increases, so does the risk of toxic waste leaking to the environment. The massive amount of briny wastewater generated from oil and gas development can cause serious damage if it comes into contact with the public or our environment. Consider what happened to the Johnsons, a 4th generation ranching family in… Please follow and like us:

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State Department: US, Russia Agree to Continue Diplomacy Over N. Korea

U.S. Secretary of State Rex Tillerson and Russian Foreign Minister Sergei Lavrov have “agreed to continue to work toward a diplomatic solution to achieve a denuclearized Korean peninsula,” the U.S. State Department said Wednesday. A U.S. statement said the two spoke by phone Tuesday to discuss concerns related to North Korea’s “destabilizing nuclear program and emphasized… Please follow and like us:

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Austria gas plant explosion leads to price hikes

The huge blast at a natural gas hub in eastern Austria has triggered price hikes across Europe. The flow of Russian gas into the hub dropped immediately after the inferno, causing prices in some parts of the continent to soar to unprecedented levels. The hub receives about 45 billion cubic metres of cubic metres of gas… Please follow and like us:

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OPEC Decides Nigeria’s Oil Output Today

The Organisation of the petroleum exporting Countries (OPEC) will today debate on whether to cap oil output from Nigeria and Libya, which have so far been excluded from supply curbs due to falling production amid unrest. Two sources with knowledge of the matter told LEADERSHIP that the 14-member OPEC will meet today to decide whether to… Please follow and like us:

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Energy, trade, regulations: All connected

Candidate Trump laid out a four-point program of tax reform, trade reform, regulatory reform and energy reform for jump-starting the American economy. President Trump is making good on his promise, though you’d never know it by watching corporate media fake news: He’s put forward a proposal for reforming our stultifying, byzantine tax code. He withdrew from… Please follow and like us:

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The energy factor in the GCC crisis

As top diplomats from various countries flock to the Gulf in an attempt to solve the GCC rift, major energy companies continue to vie for competitive projects in the oil and gas fields in the region. The latest of these projects is the development of the South Pars/North Field, the world’s largest natural gas field, which… Please follow and like us:

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As Population Approaches Unsustainable Levels, Timber And Farmland Could Be Winners

While the US middle class has been shrinking in terms of net wealth, the emerging market middle class is ascending, a Bank of America / U.S. Trust division report notes. This trend is occurring as global population growth by the middle of the century could reach “unsustainable levels.” This demographic shift is among three powerful trends… Please follow and like us:

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Russia Has a Major Stake in Libya’s Uncertain Future

This article was originally published on The Conversation. Read the original article. Still wracked by conflict six years after the fall of Muammar el-Qaddafi, Libya is split between two rival governments. In the west is Fayez al-Sarraj’s Government of National Accord, based in Tripoli, and in the east a regional government under the control of General… Please follow and like us:

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ExxonMobil Earnings – What Do They Mean?

This week, ExxonMobil and Chevron released quarterly results from Q1 2017. Both released numbers that topped consensus estimates. Some analysts have suggested the Exxon’s numbers can provide insight into the energy sector, as follows. As the world’s largest publically traded oil and gas company, ExxonMobil can say a lot about the oil economy as a whole.… Please follow and like us:

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Oil and Gas Stocks Under Review — Chesapeake Energy, Southwestern Energy, Marathon Oil, and Oasis Petroleum

NEW YORK, March 17, 2017 /PRNewswire/ — This morning, Stock-Callers.com takes notes of four Independent Oil and Gas stocks to see how current oil prices have influenced their recent performances. Under assessment are: Chesapeake Energy Corp. (NYSE: CHK), Southwestern Energy Co. (NYSE: SWN), Marathon Oil Corp. (NYSE: MRO), and Oasis Petroleum Inc. (NYSE: OAS). On Thursday,… Please follow and like us:

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Iran: Trump Stance Won’t Derail Foreign Investment in Oil, Gas

Iran’s deputy minister for petroleum says the hawkish stance taken by U.S. President Donald Trump on the Iranian nuclear deal is a “passing hiccup” that should not affect foreign investment in the country’s energy sector. Amir Hossein Zamaninia made the remarks Wednesday at the CWC Iran LNG and Gas Partnerships Summit in Frankfurt, Germany. Iran has… Please follow and like us:

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