• 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
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 days Does Toyota Know Something That We Don’t?
  • 4 days World could get rid of Putin and Russia but nobody is bold enough
  • 14 hours America should go after China but it should be done in a wise way.
  • 6 days China is using Chinese Names of Cities on their Border with Russia.
  • 8 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 8 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 8 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 7 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 7 days Putin and Xi Bet on the Global South
  • 8 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 8 days United States LNG Exports Reach Third Place
  • 8 days Biden's $2 trillion Plan for Insfrastructure and Jobs
Editorial Dept

Editorial Dept

More Info

Global Energy Advisory 11th December 2015

Conflict Update

• We should be concerned about various new troop deployments in Iraq as the battlefield is carved up. A few hundred Turkish troops with tanks, artillery, intelligence officers and warplanes have now headed across the border, setting up camp around Mosul, which sits in the disputed territory between the Iraqi central government and Kurdistan Regional Government (KRG). We should particularly be concerned because Turkey has clearly been propping up ISIS, and Mosul is a key venue for fighting ISIS in Iraq. No one wants Turkey here, particularly when its agenda in Mosul is unclear and could work to ISIS’ favor.

• Kurdish airspace is fast becoming the staging ground for a dangerous showdown, with both Turkish and Russian forces making fly overs. The Kurds have asked the Russians to avoid using their airspace for operations in Syria.

• Another cause for concern is what appears to be Russia’s weapons showmanship using strategic bombers and sea-launched cruise missiles for long-distance target strikes. Brought up by the Jamestown Foundation, the overall sentiment is that Russia is taking advantage of the Syrian conflict to test new weapons systems, in part to measure the reaction of the other players in this conflict.

Tenders & Auctions

• For its 23rd licensing round, Norway has received applications on 57 blocks or portions of blocks from 26 oil and gas companies. In total, up from licensing were 57…




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