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Tag Archives: oil

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Oil Company Sees Congo Output Accord After Tribunal Ruling

Joe LevinBy Joe LevinApril 21, 2017Leave a comment

La Generale Petroliere du Congo, a family-owned exploration company, said it expects the Democratic Republic of Congo’s government to sign an oil production-sharing contract after a tribunal upheld its rights to blocks covering the length of Lake Tanganyika.

Brazil’s Ex-President Lula Charged With Corruption In oil Kickback Scandal

CrimeBy Joe LevinSeptember 14, 2016Leave a comment

Brazilian prosecutors have filed corruption charges against former president Luiz Inácio Lula da Silva, his wife and six others in the sprawling Petrobras kickback scandal, dealing a big blow to the popular leader’s chances of a comeback.

Bad News: Saudi Arabia Planning For The End of The Oil Age By Creating A $2 TRILLION Investment Fund Which Would Be Big Enough To Buy Google, Apple and Microsoft

Joe LevinBy Joe LevinApril 1, 2016Leave a comment

Saudi Arabia is preparing for the end of the oil age by creating a $2trillion investment fund which is set to be ‘the largest on Earth’.

Russia Says It Has Proof Turkey’s Erdogan Involved In ISIS Oil Trade

SecurityBy Joe LevinDecember 2, 2015Leave a comment

Russia’s defense ministry said on Wednesday it had proof that Turkish President Tayyip Erdogan and his family were benefiting from the illegal smuggling of oil from Islamic State-held territory in Syria and Iraq.

How ISIS oil Flows To Israel

INVESTIGATIONSBy Joe LevinNovember 30, 2015Leave a comment

Oil produced from fields under the control of the Islamic State group is at the heart of a new investigation by al-Araby al-Jadeed. The black gold is extracted, transported and sold, providing the armed group with a vital financial lifeline.

Israel Turns To Kurds For oil Supplies

IsraelBy Joe LevinAugust 23, 2015Leave a comment

Israel has imported as much as three-quarters of its oil from Iraq’s semi-autonomous Kurdish north in recent months, providing a vital source of funds to the cash-strapped region as it fights militants of the Islamic State of Iraq and the Levant (Isis).

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