The world’s population explosion is one of the biggest obstacles hindering the train of development and creating exhausting competition between the pace of development and the demands of the increasing population. Saudi Arabia has now launched a new phase of its march based on revolutionizing its economic identity by recreating it through the state’s guarantee […]
With Donald Trump set to enter the White House and OPEC having agreed to production cuts, analysts are focused on how the global oil industry and prices will be impacted in 2017. The new U.S. President-elect and his cabinet, along with their pro-drilling policies, are increasing hopes of a bright future for the U.S. oil […]
Just days before Christmas, the U.S. Federal Energy Regulatory Commission (FERC) gave ExxonMobil a gift: a permit to export natural gas from its Golden Pass LNG (liquefied natural gas) facility located in Sabine Pass, Texas. Dubbed Golden Pass Products, the expansion of this LNG facility to export gas is a joint venture between Exxon (30 percent stake) and Qatar Petroleum […]
Excerpted from “Get It. Got It. Good” by Grant Williams, author of “Things That Make You Go Hmm…” The story begins in the 1970s when Henry Kissinger and Richard Nixon struck a deal with the House of Saud — a deal which gave birth to the petrodollar system. The terms were simple The Saudis agreed […]
We discuss the real problem facing global growth right now, the massive government debt and credit bubble in this video. Republicans and Democrats keep Spending and Borrowing like there is No Tomorrow. The global financial numbers don`t make sense, governments and central banks cannot add to their balance sheets in an infinite manner, and expect […]
Yes, that was a gag. By now, anyone in this country still of sound mind knows that Barack Obama presided through eight years of remarkable continuity — of changeless conditions that left a great many hopeless. As the days of his tenure dwindle, what do we make of the departing 44th president? He played the […]
The previous article focused on the definition of an international order, globalization, geopolitical theories and how this has changed the notion with which a nation exercises control over a foreign country. In this second part I intend to examine the various geopolitical theories, their translations into modern concepts, and practical actions that the United States have undertaken […]
Outgoing President Barack Obama is about to invoke a 1953 law in a bid to protect the Arctic and Atlantic shelf of the United States from the claws of the oil and gas industry, but below the surface it may just be theoretical. The Outer Continental Shelf Land Act, and more specifically its provision 12(a), […]
With its devastating show of force in Syria’s civil war, Russia has reasserted itself as a military power in the Middle East. It’s also put Russians in the region at mortal risk, as the Dec. 19 assassination of Andrey Karlov, Russia’s ambassador to Turkey, proves. Karlov is a casualty in the Kremlin’s quest for power […]
One of President Barack Obama’s most important legacies is a sense that the U.S. is no longer the dominant global power: It can be ignored. It’s a new reality that became apparent this year as various authoritarian regimes and populist movements have tested it out. President Vladimir Putin’s Russia has been at the forefront of […]
Make sure to press CC on the video player for English subtitles In 2016, numerous attacks were launched at diverse symbols of gentrification in the Montreal neighborhoods of Hochelaga-Maisonneuve and Saint-Henri. We wanted to give space to the people involved so that they can explain a point of view, that corporate media consistently ignore or […]
This webinar serves as a hopeful antidote to the paralysis felt by many following the election of Donald Trump as the 45th US President. In it, we go beyond the minutiae of the election campaign and explore the bigger picture, including: The increasingly corporatized and globalized economic system which has led to the rise of Donald Trump […]
Lest you wonder, not only did I not vote for Mr. Trump (or Hillary), but I relished heaping opprobrium on him during the election campaign. Just so you know, I’m not advocating for him, but I’m alarmed that the Deep State (the White House + the Intel Agency gang) now appears to be trying to […]
President-elect Donald Trump’s nominee for secretary of state holds a unique view of the soft-power side of American diplomacy and influence in the world. ExxonMobil CEO Rex Tillerson said in his 2012 annual corporate letter that all the good for the world, its hopes and dreams, rests with energy. “In the coming decades,” Tillerson wrote, […]
During the US election campaign I occasionally wondered if a Trump administration might occasionally do some oddball things that had positive outcomes. Even after the election he made time to meet with Al Gore and Leonardo Di Caprio to talk about global warming, which could have been seen as a sign there could be some […]
The Trump administration-in-formation is a stew of generals, billionaires, and multimillionaires — and as in the case of retired Marine General James “Mad Dog” Mattis, the likely new secretary of defense, even the military men seem to have made more than a few bucks in these last years. In retirement, Mattis, for instance, joined the […]
The new secretary of state? The CEO of ExxonMobil. The new head of the EPA? Part of a secretive alliance with fossil fuels companies. But those two are just the oily tip of the power oil, gas, and coal are building within the Trump administration. The oil, gas and coal industries are amassing power throughout Washington — from […]
A cease-fire deal between rebels and the Syrian government in the city of Aleppo effectively collapsed on Wednesday, with fighter jets resuming deadly air raids over the opposition’s densely crowded enclave in the east of the city. The attacks threatened to scuttle plans to evacuate rebels and tens thousands of civilians out of harm’s way, […]
There are many ways this could play out, but as SHTFPlan.com’s Mac Slavo notes, few could deny that any number of critical factors are coming to a head right here at home. If economic collapse is particularly harsh, things could easily spiral out of control. Civil unrest could become the norm, and things could reach […]
Exxon Chairman and Chief Executive Officer Rex Tillerson is President-elect Donald Trump’s choice to become Secretary of State. Here are some comments Tillerson, 64, has made in recent years on trade, sanctions and climate change: Exxon Diplomacy Anything that promotes global energy security is in U.S. national interest. Any steps we [Exxon] take to develop […]
During an infamous campaign moment, Perry forgot the name of the Energy Department when listing three federal agencies he would abolish as president. President-elect Donald Trump is reportedly set to name former Texas Gov. Rick Perry as secretary of the Energy Department. Perry, who described the president-elect as both a “barking carnival act” and “a […]
T. Boone Pickens, chairman and chief executive officer at BP Capital, discusses the possibility of Exxon Mobile chief Rex Tillerson being chosen as the new Secretary of State and his outlook for oil. He speaks to Bloomberg’s Scarlet Fu and Joe Weisenthal on “What’d You Miss?” bloomberg
“Markets shrugged off the Brexit vote in a couple of days. They shrugged off Donald Trump’s election in a single day. They shrugged off the Italian referendum result in a couple of hours. Heck, in this mood they would shrug off an alien invasion of planet Earth.” — Albert Edwards, Société Générale At this time […]
China is quickly becoming a world power, capable of exercising considerable influence over other countries. And it is advancing to the center of the geopolitical stage just as – if not because – American and European leadership seems to be retreating into the wings. China certainly has a receptive audience. One reason is that the […]
In a move that is certain to infuriate those who see Trump as nothing more than a puppet of the Kremlin, moments ago NBC reported that Rex Tillerson, CEO of Exxon Mobil and late entrant into the SecState race after his first meeting with the president elect this past Tuesday at the Trump Tower, has […]
President-elect Donald Trump said Sunday that “nobody really knows” whether climate change is real and that he is “studying” whether the United States should withdraw from the global warming agreement struck in Paris a year ago. In an interview with “Fox News Sunday” host Chris Wallace, Trump said he’s “very open-minded” on whether climate change is […]
The Arab Strategy Forum will take place on Wednesday in Dubai. Under the direction and patronage of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the Arab Strategy Forum will take place on Wednesday in Dubai. The forum will host a group of leading […]
Up to two billion people live in countries affected by violence, conflict and fragility. Often, such political instability goes hand in hand with food insecurity. “Conflicts have pushed over 56 million people either into crisis or emergency levels of food insecurity”, Kimberly Flowers, Director of the Global Food Security Project, said at this years’ John […]
Operation Inherent Resolve supported Iraqi security forces with airstrikes Dec. 8, 2016 that aimed to destroy 168 Da’esh oil tanker trucks in central Syria to degrade Da’esh revenue sources to fund terrorism. DVIDS (Photo: Stephane de Sakutin, AP) U.S. warplanes destroyed a fleet of 168 oil tanker trucks in Syria in the largest strike in […]
On Wednesday afternoon I was driving southeast from Houston in the direction of the Houston Ship Channel and its dozens of oil refineries and petrochemical plants. The air here is cleaner now than in decades past, thanks in large part to tighter federal air requirements. And despite regulations, Houston’s Refinery Row continues to grow, processing […]
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