mobil cut

Venezuela cuts oil sales to Exxon Mobil - Oil rises - Iran to open oil bourse next Sunday « Les dessous de l’information mondiale-Downside World News .recentcomments a{display:inline !important;padding: 0 !important;margin: 0 !important;} table.recentcommentsavatar img.avatar { border: 0px; margin:0; } table.recentcommentsavatar a {border: 0px !important; background-color: transparent !important} td.recentcommentsavatartop {padding:0px 0px 1px 0px; margin: 0px; } td.recentcommentsavatarend {padding:0px 0px 1px 0px; margin:0px; } td.recentcommentstexttop { border: none !important; padding:0px 0px 0px 10px;} td.recentcommentstextend { border: none !important; padding:0px 0px 2px 10px;} Skip to content Skip to search - Accesskey = s Les dessous de l’information mondiale-Downside World News Venezuela cuts oil sales to Exxon Mobil - Oil rises - Iran to open oil bourse next Sunday Posted in Amerique du Sud, Economie, Energie, ImpÃ©rialisme, Iran, USA, Venezuela, oil by eldib on February 13th, 2008 Venezuela cuts oil sales to Exxon Mobil Venezuela’s state oil company has stopped selling crude to Exxon Mobil and suspended commercial relations with the US-based oil Corp.State-run Petroleos de Venezuela SA, or PDVSA, said in a statement that it “has paralyzed sales of crude to Exxon Mobil, in response to the company’s judicial-economic harassment. “PDVSA will completely honor the existing contractual commitments relative to common investments with Exxon Mobil abroad, reserving the right to terminate those contracts whose terms permit them to be rescinded,” the state oil company said. “The legal actions carried out by the US transnational are unnecessary … and hostile,” PDVSA said of Exxon’s attempts to seize Venezuelan assets in US, British and Dutch courts. Exxon is challenging President Hugo Chavez government’s nationalization of one of four heavy oil projects in the Orinoco River basin, one of the world’s richest oil deposits. Last month, a British court issued an injunction, temporarily freezing up to $12 billion in PDVSA assets abroad. Exxon is also challenging the nationalization in a US court in New York. President Hugo Chavez has already shaken oil markets with recent threats to entirely cut supply to the US, in retaliation for Exxon’s legal drive to freeze Venezuelan assets in a dispute over nationalized oil ventures. It was not immediately clear what impact PDVSA’s decision to cut supply to Exxon would have. http://www.presstv.ir/detail.aspx?id=42857Â§ionid=351020704 ____________________________________________________ Oil rises as Venezuela cuts off Exxon Mobil Tue Feb 12, 2008 7By Rebekah Kebede NEW YORK, Feb 12 (Reuters) - Oil prices rose late on Tuesday after Venezuela announced it was stopping sales of crude oil top U.S. oil company Exxon Mobil Corp. The move came in response to a legal challenge by Exxon Mobil (XOM.N: Quote, Profile, Research) against Venezuela’s nationalization last year of a heavy oil project. U.S. crude CLc1 rose 24 cents to $93.02 a barrel by 6:50 p.m. EST (2350 GMT), climbing into positive territory after settling the trading session 81 cents lower at $92.78 a barrel. London Brent crude LCOc1 settled 67 cents lower at $92.86 a barrel. “This is a little bit more saber-rattling from Venezuela and the market is just beginning to realize that it is going to see more sparks from Venezuela and Exxon Mobil,” said Jim Ritterbusch, president of Ritterbusch & Associates. On Monday, oil prices rose as Venezuelan President Hugo Chavez threatened a stoppage after Exxon won court rulings freezing $12 billion in Venezuelan assets in a fight over compensation for a nationalized project. The U.S. government has received assurances that the world’s top oil producers could compensate for any Venezuelan disruption, a U.S. government official, who declined to be named, told Reuters. “While a disruption in short-haul Venezuelan supplies would be a blow to the U.S. economy, it would arguably be much more devastating to Venezuela itself,” said energy analyst Antoine Halff of Newedge Group. Before Venezuela’s announcement, oil prices had been pressured by forecasts that U.S. government inventory data to be released on Wednesday would show a 2.7 million-barrel build in crude stocks in the week to Feb. 8. That would mark the fifth consecutive weekly rise in crude stocks amid concerns that the slowing U.S. economy was damping oil demand.U.S. crude prices have tumbled from record highs above $100 a barrel struck in early January as the credit crisis keeps dragging on the U.S. economy. Analysts also forecast a 1.4 million-barrel decline in distillate stocks and a 1.8 million-barrel build in gasoline inventories. (Reporting by Matthew Robinson in New York, James Topham in Tokyo and Alex Lawler in London; Editing by David Gregorio) reuters _____________________________________________________ Iran to open oil bourse next Sunday Oil Minister Gholam Hossein Nozari said on Wednesday that Iran’s Oil Bourse is to start operation from next Sunday. Speaking to reporters after a cabinet session, he said Minister of Economy and Financial Affairs Davoud Danesh Jaafari is to attend the opening ceremony. Iran’s national currency, rial will be the base of hard currencies for all transactions in Tehran Oil Bourse, he said. The country’s oil revenue is to hit dlrs 63 billion this year, said the minister. On construction of Peace Pipeline between Iran, Pakistan and India, he said China can join the project if it desires so. “Iran and India are now working on the plan and involvement of China does not mean that India has to be excluded from the project,” he said. On invitation extended by Turkey to India for cooperation in ‘Valve Oil’ in Central Asia and impacts on such cooperation on Iran-India joint cooperation in Peace Pipeline, he said these are some assumptions which are not true. The Oil Ministry is to drill ten oil wells which is expected to raise the volume of gas production by another 20 to 25 million cubic metric next year, he said. On formation of a gas cartel like OPEC, he said the plan is very time consuming and requires collective cooperation among gas producing countries. http://www2.irna.ir/en/news/view/menu-237/0802135267165148.htm Note: Recall that the OPEC secretary general stated that OPEC is going to gradually wean itself away from the dollar. That’s not just in pricing, but in purchasing also. « Moscow To Present Sino-Russian Space Arms Race Control Initiative Join NATO and we’ll target missiles at Kiev, Putin warns Ukraine! » Leave a Reply Name (required) Mail (will not be published) (required) Website Articles rÃ©cents Global fluoride and arsenic contamination of water mapped ‘US mulling over attack on Pakistan’ China’s bubble bursts Americans hoard food as industry seeks regulations Hyperinflationary Depression Thefts There Are â€“ Safety Nets There Are Not Ahmadinejad says, Doom will befall US economy Clinton warns Iran of U.S. nuclear response Food Rationing Confronts Breadbasket of the World More Hospitaized Suspect H5N1 Patients in South Korea Commercial Banks Heading for Huge Derivatives Losses- Credit Crisis Turning into Credit Armageddon H5N1 Pre-pandemic Vaccine Plans in Japan Arabs react to Rice appeals for Arab Nationalism Nine-year old child assaulted by Israeli Troops Food - The Ultimate Weapon Of The Ruling Elite Archives Select Month April 2008 (73) March 2008 (115) February 2008 (141) January 2008 (150) December 2007 (170) November 2007 (209) October 2007 (282) September 2007 (213) August 2007 (167) July 2007 (215) June 2007 (95) May 2007 (14) February 2008 M T W T F S S « Jan Mar » 123 45678910 11121314151617 18192021222324 2526272829 Recent Comments Thomas on China’s bubble burs…Ramon J. 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Islamic terrorism is a manufactured weapon of Western geostrategy, serving Anglo-American interests. by Larry Chin It is a well-established and deliberately unaddressed historical fact that the CIA created "radical Islam" and Islamic "terrorism" during the Cold War. It is also a documented fact that the US, its allies, and their intelligence agencies (CIA, Pakistanâ€™s ISI, Britainâ€™s MI-6, etc.) have â€” from the 1970s to the present day â€” continued to use and guide terrorist groups, including "Al-Qaeda," as intelligence and propaganda assets. "Islamic terrorism" is a manufactured weapon of Western geostrategy, serving Anglo-American interests. Planned covert operations and false flag operations using "terrorists" in direct and indirect military-intelligence roles are of imperial design. Such operations (exemplified by 9/11), and their predictable propaganda results ("the war on terrorism") are now routine events. Official "war on terrorism" disinformation is repeated ad nauseum, accepted as fact by the mass populace, and used as the justification for ever-expanding Anglo-American war and ever-deepening criminality. Virtually no attention is paid to the Anglo-American support and management of "Al-Qaeda" and other "terror" groups. Little or no attention is devoted to the criminally fabricated nature of modern "terrorism" or the fact that every major "terrorism" event in recent times has been a US or US-allied covert operation, followed by political manipulation and cover-up. September 11 was a false flag operation. The Mumbai transit bomb attack was a covert operation carried out by terror cells directly connected to Pakistan's Inter-Services Intelligence, the ISI (a virtual branch of the American CIA), and the same (alleged "Al-Qaeda") apparatus. The London 7/7 attack was the work of British intelligence, as well as Pakistan's ISI. Previously foiled London terror incidents pin the responsibility on "homegrown" terrorists with ties to Pakistan and "Al-Qaeda," and London 7/7. Read all : http://eldib.wordpress.com/2007/07/09/al-qaeda-the-eternal-covert-operation-war-on-terror-propaganda/ see all videos Itâ€™s the resistance, stupid The ultimate nightmare for White House/Pentagon designs on Middle East energy resources is not Iran after all: it's a unified Iraqi resistance, comprising not only Sunnis but also Shi'ites. "It's the resistance, stupid" - along with "it's the oil, stupid". The intimate connection means there's no way for Washington to control Iraq's oil without protecting it with a string of sprawling military "super-bases". The ultimate, unspoken taboo of the Iraq tragedy is that the US will never leave Iraq, unless, of course, it is kicked out. And that's exactly what the makings of a unified Sunni-Shi'ite resistance is set to accomplish. Papa's got a brand new bag At this critical juncture, it's as if the overwhelming majority of Sunnis and Shi'ites are uttering a collective cry of "we're mad as hell, and we won't take it anymore". The US Senate "suggests" that the solution is to break up the country. Blackwater and assorted mercenaries kill Iraqi civilians with impunity. Iraqi oil is being privatized via shady deals - like Hunt Oil with the Kurdistan regional government; Ray Hunt is a close pal of George W Bush. Political deals in the Green Zone are just a detail in the big picture. On the surface the new configuration spells that the US-supported Shi'ite/Kurdish coalition in power is now challenged by an Iraqi nationalist bloc. This new bloc groups the Sadrists, the (Shi'ite) Fadhila party, all Sunni parties, the partisans of former interim prime minister Iyad Allawi, and the partisans of former prime minister Ibrahim al-Jaafari. This bloc might even summon enough votes to dethrone the current, wobbly Maliki government. But what's more important is that a true Iraqi national pact is in the making - coordinated by VicePresident Tariq al-Hashimi, a Sunni, and blessed by Grand Ayatollah Ali al-Sistani himself. The key points of this pact are, no more sectarianism (thus undermining US strategy of divide and rule); no foreign interference (thus no following of US, Iran, or Saudi agendas); no support for al-Qaeda in the Land of the Two Rivers; and the right to armed resistance against the occupation. Last Friday Grand Ayatollah Sistani finally confronted the occupation in no uncertain terms. Via Abdul Mahdi al-Karbala'i, his representative in the holy city of Karbala, Sistani called for the Iraqi parliament to rein in Blackwater et al, and most of all the "occupation forces". He has never spoken out in such blunt language before. Next : http://eldib.wordpress.com/2007/10/17/its-the-resistance-stupid/ Tags911 Africa Afrique Anthrax Bush CDO CHAVEZ Cheney China CIA cleveland crisis Conspiration CRIF crise financiÃ¨re darfur false flag False flag terrorism false news France gold imperialism intoxication Irak irak pkk Iran krach kurdistan LaRouche manipulation Michael Chertoff military turkey muslims diabolisation NATO oil pÃ©trole pkk saisies immobilieres sarkozy Soudan subprime Tchad turkey Turkish soldiers usa collapse VenezuelaCategorie11 sept 2001 Afghanistan Afrique Arabie Chine Conspiration Economie Europe France GÃ©opolitique Golfe Arabo-Persique Histoire ImpÃ©rialisme Injustice Irak Iran Israel MÃ©dias manipulateurs Moyen-Orient OTAN Pakistan Palestine Royaume-uni Russie Sciences-MÃ©decines Under_ContrÃ´le - Big Brother United-Kingdom USA War World Top Clicks geovisite.com/zoom.php?co…marketoracle.co.uk/Articl…mathaba.net/0_index.shtml…eldib.files.wordpress.com…shadowstats.comtruthattack.orgeldib.files.wordpress.com…maps.google.ca/maps/ms?ms…wordpress.com/tag/cia-tib…existentialistcowboy.blog… Blog at WordPress.com. 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