(VIENNA) JCPOA REPORT: After meeting : Leader of the Islamic Revolution in Iran Imam Sayyed Ali Khamenei said any US claim to having removed Iran’s sanctions must be verified by Tehran and this means that the ‘Islamic Republic’ should be able to sell its oil under normal conditions and receive its money #AceNewsDesk report

#AceNewsReport – Apr.10: Imam Khamenei’s Instagram account also released a video in which His Eminence reiterated that Tehran is in no hurry for Washington to come back to the nuclear agreement.

Imam Khamenei: Verification of US Sanctions Removal Means Iran Should Be Able to Sell Its Oil: The talks, taking place in Vienna in the Joint Commission of the Joint Comprehensive Plan of Action (JCPOA) are chaired by an official appointed by the EU’s High Representative for Foreign Affairs Josep Borrell.

Imam Khamenei’s remarks came in a post on his Instagram page on Thursday as an Iranian negotiating team is in the Austrian capital city of Vienna to discuss conditions for the revival of the landmark 2015 nuclear deal, officially known as the Joint Comprehensive Plan of Action [JCPOA], with other signatories to the deal: https://t.me/reuters_news_agency/72596
Reuters Wire News, [Apr 9, 2021 at 12:35 PM]

Iran nuclear deal participants to continue talks next week- EU BRUSSELS (Reuters) – Officials from Iran, China, Russia, France, Germany and Britain will continue talks on the return of the United States to the 2015 nuclear deal with Iran next week, after “constructive exchanges” this week, the European Union said on Friday.

Imam Khamenei

“Verification [of US sanctions removal] means [being capable of] selling oil in an official manner, with ease and under normal conditions, and its money be received by Iran,” His Eminence added.

His Eminence added that the signatories of the nuclear agreement failed to abide by their commitments under the deal, noting that the decision by the Iranian government and parliament to rollback Tehran’s nuclear commitments was right.

Imam Khamenei stated that commitment on one side should be reciprocated by commitment on the other side and the US must remove all sanctions if the West wants Iran to return to JCPOA compliance.

His Eminence also noted that Tehran will return to full compliance with the nuclear deal once it verifies sanctions have been really removed by the US.

Imam Khamenei said other signatories to the deal have no right to set conditions for Tehran as long as they have not fulfilled their obligations, emphasizing that this is Iran’s definitive policy from which Tehran will not step back.

The United States began imposing heavy economic sanctions against Iran in 2018 after former US President Donald Trump scrapped the JCPOA, which was signed by Iran and world powers, as a result of which Iran was barred from economic transactions with the rest of the world, including selling its oil and receiving its money.

While the Trump administration described its anti-Iran measures as the “maximum pressure” policy, Tehran slammed the measures as “economic war,” “economic terrorism” and also “medical terrorism,” maintaining that the sanctions have severely harmed Iranians but failed to bring the nation to its knees.

The new US administration of Joe Biden has conceded that the so-called maximum pressure campaign has failed, promising to replace it with a new policy, but it has so far failed to take any practical steps in that direction and has actually followed suit with Trump-era policies toward Iran.

Iran remained fully compliant with the deal for an entire year but as the remaining European parties failed to fulfill their end of the bargain, Tehran began in May 2019 to scale back its JCPOA commitments in several steps under Articles 26 and 36 of the accord covering Tehran’s legal rights.

Source: Iranian Agencies

#AceNewsDesk report ……….Published: Apr.10: 2021:

Editor says #AceNewsDesk reports by https://t.me/acenewsdaily and all our posts, also links can be found at here for Twitter and Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#iran, #jcpoa, #oil, #sanctions, #us, #vienna

(CALIFORNIA) Justice Dept Report: A man pleaded guilty Wednesday to a multiyear conspiracy to engage in commodities price manipulation #AceNewsDesk report

#AceNewsReport – Mar.25: “The defendant and his co-conspirators unlawfully manipulated the fuel oil market for their own gain by creating artificial prices that undermined the legitimate forces of supply and demand in one of our nation’s key commodity markets,” said Acting Assistant Attorney General Nicholas L. McQuaid of the Justice Department’s Criminal Division. “This prosecution demonstrates the department’s commitment to working with our law enforcement partners to identify and prosecute individuals who would seek to manipulate commodities benchmark prices while trading in the open market.”

Former Oil Trader Pleads Guilty to Commodities Price Manipulation Conspiracy: ‘According to court documents and statements made in court, Emilio Jose Heredia Collado, 49, of Lafayette, was employed as a trader at Company A, an oil trading company, and later at Company B, a multinational commodity trading company, after it had acquired Company A. Between approximately September 2012 and August 2016, Heredia conspired with other employees at Company A, and later at Company B, to manipulate the price of fuel oil bought from, and sold to, a particular counterparty, Company C, through private, bilateral contracts’

A California man pleaded guilty Wednesday to a multiyear conspiracy to engage in commodities price manipulation.

“Individuals profiteering, through the manipulation of daily price assessments of a valuable commodity, fuel oil, prior to the purchasing or selling of it, goes against the most fundamental concepts of a supply-and-demand market economy,” said Assistant Inspector in Charge Raimundo Marrero of the U.S. Postal Inspection Service Criminal Investigation Group. “These fraudulent practices have no place in the international marketplace. This guilty plea showcases the U.S. Postal Inspection Service’s tenacity to hold individuals accountable for their dishonest actions and the resolve to continue to protect consumers and businesses. To criminals out there, the U.S. Postal Inspection Service and our federal partners will ensure your criminal endeavors are brought to justice.”

Heredia and his co-conspirators sought to unlawfully enrich themselves, Company A, and Company B by increasing profits and reducing costs on the fuel oil contracts with Company C. The price terms of the contracts were set by reference to the daily benchmark price assessment published by S&P Global Platts (Platts) for intermediate fuel oil 380 CST at the Port of Los Angeles (Los Angeles 380 CST Bunker Fuel) on a certain day or days plus or minus a fixed premium. As part of the price manipulation conspiracy, Heredia directed his co-conspirators to submit orders to buy and sell (bids and offers) to Platts during the daily trading “window” for the Platts Los Angeles 380 CST Bunker Fuel price assessment with the intent to artificially push the price assessment up or down.

For example, if Company A or Company B had a contract to buy fuel oil from Company C, Heredia directed his co-conspirators to submit offers during the Platts “window” for the express purpose of pushing down the price assessment and hence the price of fuel oil bought from Company C. The bids and offers were not submitted to Platts for any legitimate economic reason by Heredia’s and his co-conspirators, but rather for the purpose of artificially affecting the Platts Los Angeles 380 CST Bunker Fuel price assessment so that the benchmark price, and hence the price of fuel oil that Company A or Company B bought from, and sold to, Company C, did not reflect legitimate forces of supply and demand.

The U.S. Postal Inspection Service is investigating the case.

Acting Principal Assistant Chief Avi Perry and Trial Attorney Matthew F. Sullivan of the Justice Department’s Fraud Section are prosecuting the case.

The Criminal Division’s Fraud Section plays a pivotal role in the Justice Department’s fight against white collar crime around the country and is the national leader in prosecuting fraud and manipulation in the U.S. commodity markets.

#AceNewsDesk report ………Published: Mar.25: 2021:

Editor says #AceNewsDesk reports by https://t.me/acenewsdaily and all our posts, also links can be found at here for Twitter and Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#california, #commodities, #doj, #oil

BRITAIN: Tories spend aid money destined for feeding people on boosting their presence as a main partner choice in Malawi #oil and #gas sector putting #ProfitB4People – @AceNewsServices

#AceNewsReport – Nov.21: Project aimed to make UK ‘partner of choice’ in industry, but campaigners warn of potential for ecological disaster
image

The British government spent thousands of pounds of aid money on a project aimed at “establishing the UK as the partner of choice” in the nascent #oil and #gas sector of one of the world’s poorest countries.

Malawi is believed to have substantial oil deposits, including under Lake Malawi, a pristine freshwater lake – the third largest in Africa – whose southern shores are a protected Unesco world heritage site. Unesco has warned that any oil activity near the lake risks causing an ecological disaster.

http://bitly.com/2gB9zqR

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CALIFORNIA: Votes to ban #Fracking even though the BIG #Oil companies paid BIG MONEY to stop them the people’s votes ruled in their favour over fears of environmental concerns – @AceNewsServices

#AceNewsReport – Nov.17: California county bans fracking, even though big oil spent big money to stop it.

In a rare bit of good environmental news, voters in California’s fourth-largest oil-producing county passed a measure to ban fracking and other fossil fuel extraction techniques. Proponents won even though #oil companies outspent them 30 to one.

“David beat Goliath in Monterey County’s stunning victory against #oil industry pollution,” said Kassie Siegel of the Center for Biological Diversity, in a statement. “This triumph against fracking will inspire communities across California and the whole country to stand up to this toxic industry.”

#Fracking, the process of extracting natural gas from underground, emits high levels of methane, a potent greenhouse gas. It also contaminates ground water, has been linked with a variety of health effects, and is connected to the emergence of thousands of earthquakes in the midwest.

Fracking remains popular in other parts of the country. In Colorado, voters approved an amendment supported by the #oil and #gas industry that will make local fracking bans harder to pass.

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SAUDI ARABIA: Down to their last few billion in petro-dollars as #oil falls they cancel $266.7 billion in projects announce they will finally be settling their debts to the private-sector by year end – Saudi Press Agency – @AceNewsServices

#AceNewsServices – Nov.09: Feeling the oil crunch: Saudi Arabia cancels $266bn in projects
Preview Saudi Arabia’s governing economic body called the Council of Economic and Development Affairs (CEDA) has cancelled $266.7 billion in projects, the Saudi Press Agency said, and announced it would be settling much-delayed private-sector payments by year end.

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

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#oil

#Daesh target mall and #oil ministry in two suicide #bombings in Baghdad on Friday night that #killed 12-people #police and hospital sources – Amaq News Agency claimed #bombers had targeted “a gathering of Shi’ites” on Palestine Street – @AceNewsServices

#AceNewsReport – Sept.10: Islamic State twin suicide bombings at Baghdad mall kill 12

Twelve people were #killed late on Friday in two suicide bombings claimed by Islamic State at a shopping mall in eastern Baghdad, police and hospital sources said.

More than 40 people were wounded in the attack at Nakheel Mall across from the #oil ministry, the sources said. One #bomb went off at the entrance to the mall, the other in the parking lot.

Unconfirmed amateur video published on Facebook showed what appeared to be four separate fires, including two cars engulfed in flames, under a highway overpass near the mall amid the wailing sirens of first responders.

Amaq news agency, which supports Islamic State, said in an online statement that two suicide #bombers, one wearing a vest and the other in a car, had targeted “a gathering of Shi’ites” on Palestine Street.

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

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#bombings, #daesh, #kille

IRAQ: #Daesh attack Kirkuk #oil field taking four employees hostage Sunday, a senior security source in the city told CNN – @AceNewsServices

#AceNewsReport – July.31: Hostages held in ISIS attack on oil field near Kirkuk

Four employees of an Iraqi oil company are being held hostage after armed militants attacked an #oil field near the northern Iraqi city of Kirkuk on Sunday, a senior security source in the city told CNN.

The ISIS-affiliated Amaq news agency released a statement claiming responsibility for the attack.

Four attackers, believed to be wearing suicide vests, stormed the Bai Hassan oil field northwest of of the northern Iraqi city of Kirkuk, and took the staff — employees of the Iraqi North Oil Company — hostage, the source said.

One attacker remains in the facility, two were #killed by security forces and another detonated himself when security forces responded, the source said.

Four staff were #killed and another was injured during the attack on the facility, known as AB, in the Bajwan area in northwestern Kirkuk, #police Gen. Sarhad Qader said.

The attackers fled to an unknown location after being pushed back by security forces, but planted several #bombs near the facility before they left, Qader said.

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

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#daesh

LIBYA: ‘ SHUTS OIL EXPORT TERMINAL DUE TO INFIGHTING BETWEEN GOVERNMENT FORCES ‘

#AceWorldNews – LIBYA:Dec.14 – Libya’s eastern oil export terminal has been shut this Sunday due to fighting between forces representing the country’s two governments, according to an oil official, Reuters reports.

Air strikes on Saturday, launched by forces loyal to Libya’s recognized government, hit targets at the port in an attempt to stop an advance by troops of the rival administration in Tripoli, who want to take control of the oil facilities.

Libya’s recognized prime minister has been forced into the East of the country since the Libya Dawn militia seized Tripoli in August.

#ANS2014 

#air-strikes, #export, #fighting, #oil

BRITAIN: ‘ FORGET HUMAN RIGHTS ABUSES & BUILD A MILITARY BASE TO SUPPORT BAHRAIN OIL RICH SHEIKS ‘

#AceNewsServices – LONDON – Dec.06 – Britain is to establish its first permanent military base in the Middle East since it formally withdrew from the region in 1971 BBC News reported. 

Timeline of Events:   

'UK to establish £15m permanent Mid East military base-Screenshot from 2014-12-06 12:39:04 '

‘UK to establish £15m permanent Mid East military base-Screenshot from 2014-12-06 12:39:04 ‘

The base, at the Mina Salman Port in Bahrain, will host ships including destroyers and aircraft carriers.

The UK said it was an “expansion of the Royal Navy’s footprint” and would “reinforce stability” in the Gulf.

Bahrain will pay most of the £15m ($23m) needed to build the base, with the British paying ongoing costs.

UK Foreign Secretary Philip Hammond, who signed the deal at a security conference in Manama, Bahrain, said it was “just one example of our growing partnership with Gulf partners to tackle shared strategic and regional threats”.

He said the move “builds upon our 30-year track record of Gulf patrols”.

BBC security correspondent Frank Gardner there was already a “rotating presence” of four British minesweepers at the Mina Salman Port, but the UK had been “piggybacking” on the US naval base there.

He said the new facility would be one of the most important Royal Navy bases in the world and would be used for a “whole host of things” including supporting UK operations in Iraq, where RAF jets have been attacking targets as part of a US-led coalition against Islamic State (IS) militants.

The base would also be used for operations against piracy and for aerial surveillance, he added.

' UK-US-Refuse-To-Sign-UN-Document-Condemning-The-Human-Rights-Abuses-In-Bahrain '

‘ UK-US-Refuse-To-Sign-UN-Document-Condemning-The-Human-Rights-Abuses-In-Bahrain ‘ 

Although as HRW reported Bahrain’s human rights record regressed further in key areas in 2013 and the government made little real progress regarding reforms it claimed to pursue.Security forces continued to arrest scores of individuals arbitrarily in towns where anti-government protests regularly take place. Continuing reports of torture and ill-treatment in detention were consistent with the findings of the 2011 Bahrain Independent Commission of Inquiry (BICI).

Britain and the United States have refused to sign a UN document condemning the ongoing human rights abuses in Bahrain, local media report.

Some major European countries including Germany and France signed the document adopted by the UN Human Rights Council, and called on the tiny Persian Gulf island nation to do more to protect civil liberties in the country.

The government’s failure to implement key recommendations of the BICI stand in contrast to its claims it is making progress on human rights.

The judicial system, headed by ruling family members, has yet to hold any senior official responsible for serious human rights violations that have occurred since 2011, including torture-related deaths in detention. 

#ANS2014 

#gulf, #military-base, #oil

VENEZUELA: ‘ MADURO PLANS SALARY CUTS IN LIGHT OF LOWER OIL PRICES ‘

#AceWorldNews – VENEZUELA – Nov.29 – Venezuela’s President Nicolas Maduro has said that he and other officials should have their salaries reduced in response to lower oil prices, Reuters reported.

“This is a test for me,” Maduro said in a TV speech, adding that Venezuela would carry on lobbying the oil price target of $100.

The South American country gets 96 percent of its export revenues from oil, the price of which fell to $70 a barrel on Friday.

#ANS2014 

#export, #oil, #revenues, #salaries

‘ OPEC RETAIN POSITION NOT TO CUT-OIL-OUTPUT AFTER GULF PRODUCERS REACH CONSENSUS ‘

#AceBreakingNews – Nov.26 – OPEC – Gulf oil producers have reached a consensus not to cut oil output when OPEC meets on Thursday in Vienna, a Gulf OPEC delegate told Reuters.

Separately, Saudi Arabian Oil Minister Ali al-Naimi confirmed the Gulf states had reached a unified decision, but did not specify what the consensus was. Naimi said he believed the oil market “will stabilize itself eventually,” increasing speculation that the Organization of the Petroleum Exporting Countries’ largest producer and exporter, would not support an output cut at its Thursday meeting.

“The GCC reached a consensus,” Naimi told reporters, referring to the Gulf Cooperation Council. “We are very confident that OPEC will have a unified position.”

Reuters – CNBC 

#ANS2014 

#oil

YEMEN: ‘ SABOTEURS BLEW UP MAIN OIL EXPORT PIPELINE ‘

#AceWorldNews – YEMEN – Nov.26 – Saboteurs blew up Yemen’s main oil export pipeline on Wednesday, halting crude flows, Reuters said, citing the country’s Defence Ministry and an industry source.

Wednesday’s attack occurred in the area of Habab in Marib province, halting flows to export facilities on the Red Sea.

Before the spate of attacks began three years ago, the 435km pipeline carried around 110,000 barrels per day to Ras Isa, the export terminal on the Red Sea.

#ANS2014 

#attacks, #crude, #oil, #pipeline

‘ RUSSIAN DELEGATION ARRIVE OVER TALKS WITH VENEZUELA, MEXICO & SAUDI ARABIA ‘

#AceWorldNews – VIENNA – Nov.25 – The Russian delegation arrived in Vienna on Tuesday for a meeting over oil output with Venezuela, Mexico and Saudi Arabia.

Igor Sechin, the head of Russian state oil company Rosneft and Energy Minister Aleksandr Novak will discuss the situation on the oil market, RIA Novosti said.

The meeting comes amid hints that Moscow could cut output or exports if OPEC does the same, Reuters said.

Analysts are divided on the outcome of OPEC’s meeting on Thursday in Vienna.

Oil prices have fallen 30 percent since June to around $80 per barrel.

#ANS2014 

#energy, #exports, #oil, #state

WASHINGTON: ‘ GOP SAYS THEY WILL APPROVE KEYSTONE XL PIPELINE SOONER OR LATER ‘

#AceWorldNews – WASHINGTON – Republican leaders promised Tuesday to take up and pass a bill approving the Keystone XL pipeline next year if the Senate fails to advance the measure this fall, or President Barack Obama vetoes it AP reported. 

Senate Minority Leader Mitch McConnell, who will become the majority leader in January, urged Democrats to vote Tuesday evening for the bill, which is supported by all 45 Senate Republicans.

Sen. Mary Landrieu, D-La., was still searching for the last vote needed to advance the measure and said on the floor she knew “in her heart” she had the 60 votes.

#ANS2014 

#approving, #oil, #pipeline, #sand, #vetoes

‘ IRAQI SECURITY FORCES RECAPTURE BAIJI OIL REFINERY FROM ISLAMIC STATE ‘

#AceWorldNews – IRAQ (Mosul) – Nov.18 – Iraqi security forces entered the country’s largest refinery for the first time on Tuesday, Reuters reported.

' Baiji Oil Refinery in Mosul '

‘ Baiji Oil Refinery in Mosul ‘

“The anti-terrorism force called Mosul Battalion, entered Baiji refinery for the first time in five months,” said police colonel Saleh Jaber.

Government forces had battled militants of the Islamic State (IS, formerly ISIS/ISIL), who had surrounded it, for months.

State TV showed what it said was live footage of the complex from outside its walls.

#ANS2014 

#battle, #government, #militants, #oil, #refinery

‘ SYRIA’S OIL CAPITAL EARNS ISLAMIC STATE $I MILLION DAILY SELLING TO ANONYMOUS BUYERS ‘

#AceNewsServices – Nov.16 – Dozens of vehicles carrying oil leave Syria’s petroleum capital, Raqqa, currently under IS control, every hour, earning the extremist group a million dollars daily, according to an oil refinery employee in the occupied city, who has spoken to RT.

'‘ISIS smuggles $1mn of oil daily in water-tanks, fire-trucks’- refinery worker to RT '

‘‘ISIS smuggles $1mn of oil daily in water-tanks, fire-trucks’- refinery worker to RT ‘

The man, Abu Al-Hakam, would not agree to a video call for fear of the Islamic State (IS, formerly ISIS/ISIL), and said he himself was not part of the extremist group.

Part of the Raqqa oil, according to Al-Hakam, stays in the region, which is currently cut off from governmental supplies. Another bigger portion finds its way to the black market.

It is being pushed through underground pipes towards Turkey and remote areas where no one can see them,” the whistleblower told RT’s Maria Finoshina. Part of it is distributed by IS through brokers. Most of it is raw, but there’s diesel and benzene as well”.

With an estimated net worth of $2 billion, the Islamic State is believed to be the world’s richest terrorist organization. The bulk of the group’s wealth comes from oilfields in Syria and Iraq that are under IS control.

The US Treasury has said it believes oil sales earned by the Islamic State are “approximately $1 million a day.”

The Islamic State’s oil revenues are huge despite below-the-market prices.

READ MORE: ISIS sells stolen Kirkuk oil at $20 per barrel – Iraq Finance Ministry

The Islamic State is using converted water tanks to transport the petrol. They even use fire-trucks,” Al-Hakam said. “They are using normal routes in front everyone because they are not afraid of anything as IS protects the trucks.”

Abu Al-Hakam doesn’t know where the oil goes exactly and whether the Turkish government is involved in the black market deals.

He believes the US-led campaign against IS in Syria could have been more successful if airstrike targets had been different.

They only targeted a few IS bases, and most of them were empty,” he said. “It’s an embarrassing position for the Americans because it’s well known where the oil refineries are, even a child in Syria knows. I cannot see anything more shameful than that, because Syrian oil is the main source of money and weapons for IS.”

With oil profits currently steadily flowing in, the Islamic State has even announced plans for minting its own currency to challenge the global monetary system.

The extremist group has been busy looking for ways to boost its revenues. It is reportedly offering a Refineries Manager position – salary $225,000 for the person ready to try and increase the group’s oil earnings.

Source: 

#ANS2014

#dollars, #oil, #petroleum, #revenue

‘ TWENTY SEVEN PEOPLE ARRESTED BY BRAZILIAN POLICE OVER PETROBRAS CORRUPTION CASE ‘

#AceWorldNews – BRAZIL (Rio De-Janeiro) – Nov.15 – Twenty-seven people were arrested by Brazilian police in connection with a corruption case involving state-owned oil giant Petrobras.

'Brazilian police arrest 27 in Petrobras graft case '

‘Brazilian police arrest 27 in Petrobras graft case ‘

Among the arrestees is the former director of engineering and services, Renato Duque, AFP reported.

Thirty police teams took part in the arrests that swept the country.

Police also searched 11 companies during the operation and seized $277 million worth of assets belonging to 36 individuals and three companies.

The breakthrough in the case against Petrobras reportedly came after former official Paulo Roberto Costa made a plea deal with the prosecutors, revealing that the firm gave out millions of dollars to politicians of the ruling Workers Party between 2004 and 2012.

According to police, a total of around $3.9 billion was paid out during that time.

#ANS2014 

#corruption, #arrested, #oil, #police, #scandal

WASHINGTON: ‘ BILL GOES TO VOTE ON CONTROVERSIAL KEYSTONE XL PIPELINE ‘

#AceWorldNews – WASHINGTON – Nov.13 – A bill to approve the Keystone XL pipeline cleared a procedural hurdle in the US Senate on Wednesday.

A vote on the project is expected next week, Reuters said.

TransCanada Corp’s pipeline that would send some 800,000 barrels per day of Canadian oil sand petroleum to refineries in Texas.

#ANS2014 

#approve, #bill, #oil, #pipeline, #sand

' Drug Cartels Steal Billions of Dollars in Oil '

#AceWorldNews – MEXICO – September 25 – Mexico overcame 75 years of nationalist pride to reform its flagging, state-owned oil industry AP reported.

But as it prepares to develop rich shale fields along the Gulf Coast, and attract foreign investors, another challenge awaits: taming the brutal drug cartels that rule the region and are stealing billions of dollars’ worth of oil from pipelines.

' Drug Cartels Steal Oil From Petroleos Mexicanos '

‘ Drug Cartels Steal Oil From Petroleos Mexicanos ‘

Figures released by Petroleos Mexicanos last week show the gangs are becoming more prolific and sophisticated.

So far this year, thieves across Mexico have drilled 2,481 illegal taps into state-owned pipelines, up more than one-third from the same period of 2013.

Pemex estimates it’s lost some 7.5 million barrels worth $1.15 billion.

Source:

#ANS2014

#gulf-coast, #mexico, #oil, #pipelines, #shale-fields

‘ US-Led Air-Strikes Target Syrian Oil Installations ‘

#AceBreakingNews – SYRIA – September 25 – U.S.-led air-strikes targeted Syrian oil installations held by the militant Islamic State group overnight and early Thursday, killing nearly 20 people as the militants released dozens of detainees in their de facto capital, fearing further raids, activists said.

The latest strikes came on the third day of a U.S.-led air campaign aimed at rolling back the Islamic State group in Syria, and appeared to be aimed at one of the militants’ main revenue streams.

The U.S. has been conducting air raids against the group in neighbouring Iraq for more than a month.

#ANS2014

#air-strikes, #iraq, #islamic-state, #oil, #syria, #united-states, #us, #us-led-coalition