• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 3 hours Science: Only correct if it fits the popular narrative
  • 3 hours Crazy Stories From Round The World
  • 6 hours What are the odds of 4 U.S. politicians all having children working for Ukraine Gas Companies?
  • 11 hours EU has already lost the Trump vs. EU Trade War
  • 1 day Pioneer's Sheffield in Doghouse. Oil upset his bragging about Shale hurt prices. Now on campaign to lower expectations, prop up price.
  • 4 hours China's Renewables Boom Hits the Wall
  • 1 day ''Err ... but Trump ...?'' *sniff
  • 6 hours Do The World's Energy Policies Make Sense?
  • 5 hours Forget out-of-date 'dirty oil' smear, Alberta moving to be world's cleanest oil industry
  • 4 hours Impeachment Nonsense
  • 1 day Tesla Launches Faster Third Generation Supercharger
  • 10 hours Water, Trump, and Israel’s National Security
  • 1 day Passerby doused with flammable liquid and set on fire by peaceful protesters

Breaking News:

Russia Plans To Boost Crude Oil Exports

Global Energy Advisory March 18th 2016

Politics, Geopolitics & Conflict

• Kurdish Peshmerga forces, Shi'ite militia’s and Iraq's army are reportedly preparing to launch a joint offensive against the Islamic State (ISIS) in and around the oil-rich region of Kirkuk in the disputed territories of Northern Iraq. The joint operation is hoping to get closer to Mosul, which is the largest city in Iraq still held by ISIS. Last month, Peshmerga forces retook a small crude oil station near the northern Iraqi city of Kirkuk which Islamic State insurgents seized. State-run North Oil said that the militants had seized a crude oil separation unit in Khabbaz on Saturday morning and that 15 oil workers are still missing. Khabbaz is a small oilfield southwest of Kirkuk with a maximum production capacity of 15,000 BPD. This all comes, as we noted last week, as the Iraqi Kurds make a subtle play for control of Kirkuk, by supporting the local government’s move to separate from the central oil company and launch their own oil company.

• Russia has announced an imminent withdrawal of its forces from Syria, and while this is easy media bait, it doesn’t mean much. When Russia talks of withdrawing its forces, it’s talking about those that were involved in the support to the Assad regime beginning in late September. Keep in mind that Russia has major military bases in Syria—at Tartus and Latakia. It maintains this force and all the air support this suggests. The announcement of a withdrawal…




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