Following a meeting of the EU foreign ministers in late December 2014 the European Union High Representative for Foreign Affairs and Security Policy Federica Mogherini stated, “Iran is not only the country with which we have nuclear talks, it is also a regional important player [sic] and this practically means that we will have to engage with Iran also on its neighborhood.” This statement highlights the two issues under intense discussion between the EU and Iran – the nuclear dispute...

Uncertainty about the immediate future seems to permeate most societies around the world. Few look far beyond the immediate. But what is now being put in place with the current global upheaval will form the basis of the strategic framework for the coming decades. Former US Secretary of State Henry Kissinger was quoted as saying that “if you don’t know where you are going, any road will get you there”. Updating this in The Art of Victory, I noted: “If...

King of Saudi Arabia dead at 90

Published - Jan 23, 2015

A Saudi state TV reporter confirmed the news.

CNBCOil turns negative after Draghi announces QECNBCBenchmark oil contracts turned negative on Thursday after European Central Bank President Mario Draghi announced the bank would begin buying $60 billion in securities a month in March as part of a quantitative easing program. Earlier, Brent crude oil ...Oil Falls as ECB Announces Asset PurchasesOil futures slump ahead of ECB decision, U.S. supply dataOil Prices Gain Ahead of Inventory Data, ECB Meeting - -

Simulation technology firm KBC Advanced Technologies enjoys a second half to 2014.

Gulf Keystone Petroleum appoints Sami Zouari as chief financial officer.

MarketWatchMiddle East Oil Producers Could See $300 Billion Export LossWall Street JournalOil export losses for major Middle East crude producers are likely to total $300 billion this year but large cash buffers are allowing the countries to absorb most of the impact of falling oil on their economies, the International Monetary Fund said ...Texas, Saudi Arabia, And The Collapse Of OilObama: America is No. 1 producer of oil, gasOpinion: You can still cash in on the collapse in crude oil ...

Key Issues and Updates on the Keystone XL Oil PipelineABC NewsTo build or not to build? That question is at the heart of the debate over the Keystone XL oil pipeline. The answer, and the fate of the $8 billion project, depends on what happens in Congress, the courts, the White House and with TransCanada, the ...Senate Republicans Unanimously Block Amendment To Keep Keystone Oil In ...

Because nothing says 'stability' like a Central Bank in charge of things, the smartest richest men in the world have proclaimed in Davos this week that "we need a central bank of oil, like the central bank in financial world." As long as they are not Swiss, of course. Oil has been volatile today amid these calls for stability after Saudi Aramco comments on cutting projects (supply) sent prices higher, and was then talked back by the CEO bringing prices...

BloombergWhat Do Weak Oil Prices Mean for the South China Sea?BloombergOil last week dropped below $46 a barrel to more than five-year lows. The biggest collapse in energy prices since the 2008 global recession has prompted companies from Royal Dutch Shell Plc to Norway's Statoil ASA to scrap projects not considered ...

Unique Maritime Group sets up the first hyperbaric reception facility in the Middle East at Sharjah, United Arab Emirates.

New York TimesBehind Drop in Oil Prices, Washington's HandNew York TimesThe plummeting price of oil since Saudi Arabia decided last fall not to cut production to counter rising supply elsewhere has fueled intense speculation about a downfall of the infamous cartel, once feared for its power to bend oil prices to its will ...Oil falls again as IMF cuts forecast; Iran hints at $25 oilOil Falls as Record Iraqi Output Seen Compounding SurplusIran Says It's Strong Enough To Cope With...