Brazil to distribute oil revenues more evenly

Brazil’s House of Representatives has approved a controversial proposal to share profits from the country’s growing oil production sector more evenly between petro-producing states and those with little or no production. The bill, approved late Tuesday, increases royalties oil companies operating here will have to pay the government from 10 percent to 15 percent of […]

Global Reactions to Obama Re-Election

Europeans Remain Wary of Policies The London-based Reuters news agency pointed out that energy companies will likely see more regulation in President Obama’s second term, with less access to Federal lands and water even as the administration promotes energy independence. Although during his re-election campaign the President pledged to cut oil imports by half by […]

Americans hand Obama a second term, challenges await

President Barack Obama won a second term in the White House on Tuesday, overcoming deep doubts among voters about his handling of the U.S. economy to score a clear victory over Republican challenger Mitt Romney. Americans chose to stick with a divided government in Washington, by keeping the Democratic incumbent in the White House and […]

From Sudan to cyber, secret war with Iran heats up

From a suspected Israeli airstrike in Sudan to cyber warfare in the Gulf and a drone shot down over Israel, the largely hidden war between Iran and its foes seems heating up and spreading. Despite months of speculation, most experts and governments believe the risk of a direct Israeli strike on Tehran’s nuclear program stirring […]

Israeli PM Netanyahu ‘ready’ to order strike on Iran

The Israeli Prime Minister, Benjamin Netanyahu, has said he is ready to order a strike on Iran if international sanctions do not stop its nuclear programme. “I am, of course, ready to press the button if necessary,” he said. Speaking on Israeli television, Mr Netanyahu also indicated Israel was prepared to act unilaterally. His government […]

Kuwaiti security forces use tear gas at rally

Police try to disperse thousands of protesters outside the capital calling for the repeal of new electoral law. Kuwaiti riot police have used stun grenades, tear gas and smoke bombs against thousands of demonstrators who blocked a major road south of the capital. Thousands of opposition supporters planned a rally to protest against a new […]

Five bomb blasts hit Bahraini capital, two killed

Five bombs exploded in the heart of the Bahraini capital Manama on Monday, killing two Asian street cleaners, officials said, and prompting mutual accusations from activists and a government trying to put down a mostly Shi’ite pro-democracy uprising. The Interior Ministry said the bombs were homemade and described the blasts as “terrorist acts” – its […]

The Proper Role of Government in Energy

Since tomorrow’s election is heavily focused on the appropriate scope of government, I have spent a little time lately reflecting upon the proper role of government in the energy sector. In regards to the U.S. Presidential race, I will refrain from analyzing the respective policies and stances concerning energy of the two candidates.  This recent […]

Iran nuclear fuel move may ease war fears – for now

* Higher-enriched uranium short step from bomb-grade material * Tehran uses some of its stockpile to make reactor fuel * Israel’s Barak says this may delay “moment of truth” * But Iran rapidly expanding enrichment capacity By Fredrik Dahl VIENNA, Nov 5 (Reuters) – A slowdown in Iran’s accumulation of its most sensitive nuclear material […]

Rival Libya militias battle on streets of Tripoli

Rival Libyan militias fired guns and rocket-propelled grenades at each other in Tripoli on Sunday and set fire to a former intelligence building in one of the worst breakdowns in security in the capital since Muammar Gaddafi’s fall. At least five people were wounded and a stray bullet entered a hospital in the heart of […]

Iran suspends uranium enrichment. Gesture to boost Obama’s reelection

Sources in Tehran put out word Sunday, Nov, 4, that Iran had suddenly suspended 20-percent enrichment of uranium, stopping a short step from building a nuclear device. The sources were not official. However, an Iranian lawmaker on the majlis foreign affairs and national security committee, Mohammad Hossein Asfari, was quoted as saying that the move was […]

Kuwait warns against unlicensed protest planned for Sunday

Kuwait said on Saturday it had not issued a permit to allow a planned protest against new voting rules and the prime minister warned police would use force if the nation was under threat. Kuwait outlawed unauthorised gatherings of more than 20 people last month after an opposition-led demonstration by thousands ended in clashes between […]

Department of Defense setting up free, emergency gas stations in NYC metro area

Gov. Cuomo says the Department of Defense will set up emergency mobile fuel stations at five locations around the New York City metro area. Free gasoline will be distributed, with a 10-gallon per-person limit, Cuomo announced at a briefing today. Cars and emergency service vehicles will be able to fill up directly from the 5,000-gallon […]

Kuwait warns of harsher crackdown on protests

Authorities in Kuwait have warned they will take a tougher line against anti-government demonstrators defying bans on protest gatherings. Thursday’s warning came as the Gulf nation’s opposition leader Mussallam al-Barrak was released on bail after a night of violent protests against his detention that left dozens hurt, his lawyer and an AFP photographer said. Kuwaiti media reported that al-Barrack, a former member of […]

Should the federal government subsidize natural gas 18-wheelers?

Natural gas seems poised to make dramatic inroads into the transportation sector for long-haul trucks, given a powerful combination of high diesel prices, a company making large investments in building a nationwide network of stations, and major manufacturers eagerly producing the trucks. A widespread shift to natural gas would have a substantial impact on America’s […]

China eyes change to one-child policy

The world awoke to some very encouraging news out of China this morning.  The country may scrap a 30-year-old policy that has resulted in millions of orphans. The Chinese government leaked a report on the country’s one-child policy that it commissioned from a high profile Chinese think tank called the China Development Research Foundation.  The […]

What no candidate says about energy and the economy

This election is being framed as a choice between two different approaches to return to robust economic growth. But what if both sides are missing a critical underlying factor in our economic troubles? What if tools of the past no longer fit the economy of the future?  Economic growth, as we have known it, is […]

Conflicting accounts on ARAMCO hack underscore difficulty of attribution

A recent report suggests that the devastating cyber attack that wiped out thousands of computers belonging to Saudi Arabia’s national oil company was the work of a lone hacker – days after the US Secretary of Defense cited it as an example of a state-sponsored attack. But what do we really know? On October 25th, […]

Time up for one child policy in China

A top government think tank has suggested that China gradually loosen its one child policy to correct population-related imbalances now plaguing its ageing society. It is one issue that the new generation of leaders in China, who will soon take over the reins of the most populous nation in the world, might have to take […]

Iran and Syria swap fuels as both aim to dodge sanctions

Iran and Syria have arranged a gasoline-for-diesel swap, helping each other overcome international sanctions that have cut them off from fuel supplies needed to keep their economies afloat and support their armies. Tracking data shows that a tanker from Iran arrived in Syria with a cargo of fuel, and a shipper who works in the […]

How to Bomb Iran

During the Napoleonic Wars, when it was reported that the French were preparing to invade England, Admiral John Jervis said “I do not say they the French cannot come–I only say they cannot come by sea.” Barring the movement of a regiment of sans culottes across the English Channel by a fleet of Montgolfier balloons, […]

Iraq Violence Surges Amid Corruption

Iraq has endured “a troubled year evidenced by increasing official corruption, resurgent violence” and apprehension about the war in Syria since the last American troops departed, according to an assessment by a U.S. special inspector general. Violence during the last quarter “rose to levels not seen for more than two years,” with at least 854 […]

The 127th Assembly of the Inter-Parliamentary Union and Peak Oil

“The Inter-Parliamentary Union” (IPU) has its seat in Geneva and was formed as long ago as 1889 on the initiative of the then freedom activists William Cremer of the United Kingdom and Frédéric Passy of Frankrike. They were both members of their respective nations’ parliaments and intended that conflicts would be solved by negotiation rather […]

Energy on voters’ minds as US elections approach

Energy is clearly on voters’ minds as the 2012 elections approach, American Petroleum Institute Pres. Jack N. Gerard declared. Voters realize that federal, state, and local governments’ policies will determine the extent to which the nation’s considerable oil and gas resources are developed over the next 4 years, he said during one of API’s final […]

Jim Rickards – Currency Wars Simulation

Check out my articles for more! http://estess.hubpages.com/_youtubetrack/hub/Chinas-Strategy-Appreciating-the… http://estess.hubpages.com/_youtubetrack/hub/Why-The-Dollar-Will-Collapse http://estess.hubpages.com/_youtubetrack/hub/War-With-Iran-Is-Inevitable Full video can be found at: http://www.youtube.com/watch?v=fW3fZzfHEX4

Kuwait protests challenge ruling family

Kuwait risks sliding into Arab Spring-style protests over a forthcoming election that has polarized opinion in the Gulf Arab state and posed an unprecedented challenge to the authority of the once revered emir, a close Western ally. Kuwait saw some of the worst violence in its recent history when tens of thousands of demonstrators – […]

Could It Happen? China hastens its planned invasion of Siberia to access newly discovered oil and gold fields

The title of this posting is taken from the Wikipedia article describing the Tom Clancy thriller: The Bear and the Dragon. Novelists are known for taking liberties with the facts, but that is all in the nature of fiction writing. In reality, could China be planning an invasion of Siberia in order to take over […]

War No Matter Who Wins Election

Once again emphasizing there is no fundamental difference between Obama and Romney when it comes to attacking Iran, the American Jewish Committee has published the answers to a questionnaire sent to the candidates. From the Jewish Telegraphic Agency website: “I am prepared to use all elements of American power” to prevent Iran from obtaining a […]

Kuwait security forces break up mass protest

Security forces battled protesters in one of Kuwait’s biggest demonstrations on Sunday night, in the latest deepening of a political crisis that will be watched nervously by monarchies across the oil-rich Gulf. Authorities fired teargas and stun grenades as thousands took to the streets of Kuwait City to oppose changes to the electoral law that […]

Saudi Insider Likely Key to Aramco Cyber-Attack

Last weekend’s disclosure that Iranian cyber warriors had disabled some 30,000 computers owned by the Saudi oil giant Aramco is attracting considerable attention here, particularly in light of a warning last week by Pentagon chief Leon Panetta that Washington could face a “cyber-Pearl Harbor”. The alleged Iranian hand behind the attack, first reported Saturday by […]

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