Exxon, BP Defy White House; Extend Partnership With Russia

Tuesday, May 27, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 05/27/2014 Several of the largest oil companies in the world are doubling down in Russia despite moves by the West to isolate Russia and its economy. To be clear, the oil companies are not legally running afoul of international sanctions. But their collective shrug in the face of European and... »

The US Shale Oil Miracle Disappears

Thursday, May 22, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 05/22/2014 The US shale oil “miracle” has about as much believability left as Jimmy Swaggart. Just today, we learned that the EIA has placed a hefty downward revision on its estimate of the amount of recoverable oil in the #1 shale reserve in the US, the Monterey in California. As... »


Wednesday, May 21, 2014
By Paul Martin

SilverDoctors.com MAY 21, 2014 Led by Vladimir Putin negotiating in Shanghai himself, the Russia-China “Holy Grail” Gas Deal of the Century- $400 billion over 30 years, is official. Bye-bye Petro-dollar! Originally posted at RT.com: After 10 years of negotiations, Russia’s Gazprom and China’s CNPC have finally signed a historic gas deal which will provide... »

China steps up speed of oil stockpiling as tensions mount in Asia…(War Preps?)

Monday, May 19, 2014
By Paul Martin

Beijing has ordered an “unprecedented” build up of oil reserves as West prepares for possible oil sanctions against Russia. By Ambrose Evans-Pritchard TelegraphUK 18 May 2014 China is stockpiling oil for its strategic petroleum reserve at a record pace, intervening on a scale large enough to send a powerful pulse through the world crude... »

$7,000 gold, $400 oil and $100 silver will help beat a coming US deflation explains Jim Rickards

Monday, May 19, 2014
By Paul Martin

By Peter Cooper GoldSeek.com Monday, 19 May 2014 Gold investors ought to be reading ‘The Death of Money’ by Jim Rickards this summer. He explains how an executive order raising the gold price to $7,000 will be the only way to break a deflationary downward spiral in the US if money printing reaches its... »

Moscow Says Massive “Holy Grail” Gas Deal With China Is 98% Ready

Friday, May 16, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 05/16/2014 We have previously profiled the “holy grail” gas deal between Russia and China on several occasions, and with its announcement scheduled for next week (barring some unmitigated disaster) during Putin’s first visit to China since Xi’s appointment as president last March, it is time to do a status update... »

Ukraine crisis EXCLUSIVE: US and Europe planning to ‘cut off’ Russia’s gas supply

Friday, May 9, 2014
By Paul Martin

OLIVER WRIGHT IndependentUK Friday 09 May 2014 Britain is drawing up plans with the US and other European countries to “disarm” the threat of President Vladimir Putin using Russian gas and oil supplies as “a weapon” against Ukraine and its Eastern European neighbours. Next month, David Cameron and other G7 leaders are expected to... »

China Calls Iran A “Strategic Partner”

Thursday, May 8, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 05/07/2014 China is already Iran’s largest trading partner and oil customer and Iran is China’s third largest oil provider… and this week Iran and China’s Defense Ministers vowed to boost military ties following a meeting in Beijing on Monday. Chinese officials noted that “common views over many important political-security, regional... »

Beneath the Ukraine Crisis: Shale Gas

Saturday, April 26, 2014
By Paul Martin

by Nat Parry CommonDreams.org Friday, April 25, 2014 he crisis gripping Ukraine has plunged transatlantic relations to their lowest point since the Cold War and threatens to send Ukraine into an armed conflict with potentially dire consequences for the country and the wider region. Moscow’s alleged meddling in eastern Ukraine and its earlier annexation... »

Fracking firm must pay out $3 mln to Texas family in landmark court case

Thursday, April 24, 2014
By Paul Martin

Voiceofrussia.com 24 April 2014 Texas-based Aruba Petroleum Inc. will need to fork over almost $3 million to a family for the ill consequences the firm’s hydraulic fracturing was believed to have caused. The victims’ attorneys are claiming this to be the first trial ever dealing with fracking damages in America, that has not been... »

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