• 6 minutes Corporations Are Buying More Renewables Than Ever
  • 17 minutes WTI @ 67.50, charts show $62.50 next
  • 23 minutes Starvation, horror in Venezuela
  • 12 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 2 days Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 1 day Renewable Energy Could "Effectively Be Free" by 2030
  • 1 day Saudi Fund Wants to Take Tesla Private?
  • 4 hours China goes against US natural gas
  • 2 days Mike Shellman's musings on "Cartoon of the Week"
  • 2 days Venezuela set to raise gasoline prices to international levels.
  • 3 days The Discount Airline Model Is Coming for Europe’s Railways
  • 2 days Pakistan: "Heart" Of Terrorism and Global Threat
  • 2 days Are Trump's steel tariffs working? Seems they are!
  • 11 hours Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
  • 3 days Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 1 day Why hydrogen economics does not work
Alt Text

Goldman: Trade War Won't Crash Oil Prices

In spite of the impact…

Alt Text

Venezuela’s Key Refineries At Risk Of Seizure

A decade ago, analysts suggested…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Global Energy Advisory March 10th 2017

Politics, Geopolitics & Conflict

• Iran and Iraq have reached an agreement that will see a resolution of the two neighbors’ squabble over oil and gas fields they share territorially. These fields have over the years regularly been the topic of dispute. As part of this shift in bilateral relations, the respective oil ministers this month discussed the construction of a pipeline that would see oil flow from the northern Iraqi fields around Kirkuk to Iran for further exports or for processing at the Abadan refinery. For Iraq, this means regaining control over the Kirkuk fields now controlled by the Kurdistan Regional Government (KRG), or at least an attempt to regain control since the Kurds have already voiced their opposition to this development. The thawing between Tehran and Iraq, therefore, would almost certainly mean a rise in the hostility between the central government in Baghdad and Erbil.

• In Libya, there is a new actor on the militia scene in the Oil Crescent. The Benghazi Defense Brigades last week wrestled control of two of the four oil terminals in the area from the Libyan National Army (LNA) and then surrendered it to the Petroleum Facilities Guard (PFG), which used to control all four ports until last September and use them as a bargaining chip in payment negotiations with the UN-backed government. The Islamist BDB was formed as opposition to the LNA, led by General Khalifa Haftar and, according to the Terrorism Research and Analysis…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News