There’s a blue hole in the South China Sea. Longdong (“Dragon Hole”) is an astonishing 300,89 meters deep, in deep blue waters around Yongle, a major coral reef in the Paracel islands (or Xisha, in their Chinese denomination). Cynics may argue that after the recent ruling in The Hague largely against China’s “nine-dash line”, the…
Riyadh has cut oil prices to Asia by $1.60 per barrel, the most in 10 months, signaling mounting competition with fellow OPEC member Iran. Saudi Arabia is ramping up exports to regain market share. State-run Saudi Aramco plans to sell Arab Light crude at $1.10 per barrel below the Asian regional benchmark, starting September. Experts…
Wednesday, May 26, 2010 Jouhaina News,Avi Dichter, the Israeli Internal Security Minister, said in a lecture at the ‘Israeli National Security Research Center’ “about the Israeli role in destroying Iraq after it was occupied in 2003 “we achieved in Iraq more than we expected and plan!” Dichter confirmed that keeping Iraq weak and isolated is…
The Transition The intricate relationship between energy markets and our global financial system, can be traced back to the emergence of the petrodollar system in the 1970s, which was mainly driven by the rise of the United States as an economic and political superpower. For almost twenty years, the U.S. was the world’s only exporter…
After concluding the flow testing phase, Afek Oil and Gas will now begin analyzing samples drawn from the Ness-2 drilling site, euphemistically dubbed “Deborah’s Well,” in the Israeli-occupied region of Syria known as the Golan Heights. New Jersey-based Genie Energy, Ltd., Afek’s parent company, claims a dubious cadre of investors cum war profiteers, including Rupert…
French defense ministry officials confirmed the deployment of French special forces in northern Syria with the announced purpose of advising Syrian Democratic Forces (SDF) in the recapturing the city of Manbij from Daesh; however Russian military experts told the Russian media what might really be behind the move. “The offensive at Manbij is clearly being…
