• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 10 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 12 hours How Far Have We Really Gotten With Alternative Energy
  • 8 days They pay YOU to TAKE Natural Gas
  • 5 days What fool thought this was a good idea...
  • 8 days Why does this keep coming up? (The Renewable Energy Land Rush Could Threaten Food Security)
  • 3 days A question...
  • 14 days The United States produced more crude oil than any nation, at any time.
Editorial Dept

Editorial Dept

More Info

Premium Content

Another Fossil Fuel Casualty From COVID

Fossil Fuels

Politics, Geopolitics & Conflict

- The Navalny poisoning has even farther-reaching implications for geopolitics and oil than just the NordStream2 outcome. Under immense pressure for what masses of protesters say was a rigged election for a sixth presidential term, Aleksandr Lukashenko, the European continent's last dictator, is now cozying up to Moscow for Putin's support against protests that threaten to overthrow him. He is doing this in two ways: 1) He is trying to lend the Kremlin a helping hand by claiming to have intercepted German chats proving that the Navalny poisoning was fabricated in order to discourage Russia from intervening in Belarus on Lukashenko's behalf (a weak argument, at best); and 2) By cutting a deal with Russia to potentially re-direct oil flows from Lithuania to the Russian port of Ust-Luga. This is, in part, Lukashenko's retaliation over European sanctions due to electoral fraud allegations, for which he threatened to cut off European transit routes. Not coincidentally, Lithuania is hosting the U.S. military, which deployed tanks and troops on Friday for an extended two-month stint near the border with Belarus.

- NATO claimed Friday that Turkey and Greece had agreed to start to help reduce the risks of military accidents in the eastern Mediterranean over offshore energy rights. However, Greece denied any such agreement, saying that first, Turkey has to withdraw its vessels from the area where it is carrying out drilling research.

-…





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News