Monthly Archives: March 2012

A double whammy on Iran

By Eric Watkins LOS ANGELES, Mar. 30 – If Tehran thought it was going to evade U.S. and E.U. sanctions by using its own Islamic Republic of Iran Shipping Lines (IRISL) or Yas Air cargo lines, it has been sadly … Continue reading

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Crossing swords in the Gulf

By Eric Watkins LOS ANGELES, Mar. 29 – Saudi Arabia’s Oil Minister Ali I. Al-Naimi has been at pains in recent weeks to underline his country’s desire to see lower oil prices, this week in an editorial for the Financial … Continue reading

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Seeking oil to go green

By Eric Watkins LOS ANGELES, Mar. 28 – A few weeks back, Palau’s President Johnson Toribiong signed a law which aims to govern the prospecting, exploration, exploitation, development and production of oil and gas resources in his Pacific Island nation. “God … Continue reading

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Nuclear power yields to wind, geothermal in Fukushima

By Eric Watkins LOS ANGELES, Mar. 26 – With the Fukushima nuclear reactor likely to be offline for years to come, if not forever, Japanese industrialists are looking for ways to make up for the lost power supply – and … Continue reading

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Rattling the supply chain

By Eric Watkins LOS ANGELES, Mar. 23 – Does North Korea’s threat to launch a ballistic missile next month have anything to do the global oil industry? If you believe not, I’ll sell you the Empire State Building or the … Continue reading

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Turmoil in the South China Sea

By Eric Watkins LOS ANGELES, Mar. 22 – Even as world attention is mesmerized with the Strait of Hormuz, worrisome problems are now arising in the South China Sea, a region along the all-important energy sea lane of communication out to … Continue reading

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Operational Energy: fending off a sea of troubles

By Eric Watkins LOS ANGELES, Mar. 20 – Winston Churchill knew what he was doing when he took the decision to transform Britain’s Royal Navy from a coal-burning fleet to an oil-burning force in the early 1900s. But he also … Continue reading

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