Choke Point Threat? Asian shipowners denounce toll increases in the Panama Canal

July 13, 2012 (TSR) - Asian shipowners have lobbied the Panama Canal Authority to withdraw any increase in the canal's toll fee in 2012 and 2013, according to a copy...

UK and Argentina New Dispute: UK’s Premier to take over Falklands oil find in...

July 13, 2012 (TSR) - The UK's Premier Oil has agreed to agreed to acquire a 60% stake and operatorship of Rockhopper Exploration's Sea Lion oil discovery and other...

South Korea will resume Iran oil imports from Sep if offered ‘appropriate’ shipping insurance

July 13, 2012 (TSR) - South Korean refiners will decide "soon" whether to accept an offer from Tehran to use Iranian tankers to send oil to South Korea, with the...

China Ahead of USA: Demand for Energy Tests Water Supply and Economic Stability in...

by Keith Schneider,  American Journalist, Online Communications Specialist,  Environmental Policy Expert and Senior Editor of Circle of Blue July 6, 2012 (TSR) - The coal mines of Inner Mongolia, China and...

China and Japan import Iran oil supply, bypassing EU sanctions and US pressure

June 20, 2012 (TSR) - At least two of Asia's four top buyers of Iranian crude will keep imports flowing as they find ways around an EU ban on insuring...

Warning: Oil embargo against Iran may hurt UK insurers

June 18, 2012 (TSR) - The oil embargo against Iran which comes into force on July 1 may be a blow to the UK insurance sector. As soon as the oil...

Saudi Arabia vs high oil prices: It’s not all about the money, It’s about...

June 16, 2012 (TSR) - OPEC oil ministers have decided to keep a production target of 30 million barrels a day, citing mounting world economic concerns for their decision. The move...

Mind Your Own Country, America: Japan pushes for law to secure Iranian oil supply

June 16, 2012 (TSR) - Japan’s lower house passed a bill on Friday to provide government guarantees to tankers carrying Iranian crude, which is to replace commercial insurance by Europeans...

Official: Sanctions against Iran to impact South African economy

June 15, 2012 (TSR) -  The U. S.-imposed sanctions against Iran over its nuclear program are going to impact the South African economy by disrupting its fuel supplies, a...

Brent crude rises above $107; Greece, Iran eyed

June 12, (TSR) - Brent oil edged above $107 per barrel on Monday as polls showing support for a pro-bailout government in Greece calmed fears of a euro zone exit...

Iran won’t allow inspection of Parchin military site due to IAEA spying activities for...

June 11, 2012 (TSR) - An Iranian lawmaker said Iran will not allow the International Atomic Energy Agency (IAEA) inspectors to visit the Parchin military complex, the semi-official Mehr news...

Cheap Oil and 21st Century type of Socialism: Chávez’s economics lesson for Europe is...

by Richard Gott, Writer, Historian and Author June 10, 2012 (TSR) - Some years ago, travelling on the presidential plane of Hugo Chávez of Venezuela with a French friend from Le...