This is a longish, ca. 30 minute video. Host Nataly Lutsenko kindly told me she wanted to make a long interview.
(During time of crisis like this, I have so many TV and press interviews that I don’t have time to put most of them online. So, I will refrain from writing long posts to accompany videos to get more online, if I think they are useful interviews. – Tom O’D)
Posted in China, Energy and Geopolitics, Global Oil Market, Global Oil system, Iran, Iran nuclear, Iran sanctions, Israel, LNG, oil, Oil supply, OPEC, Persian Gulf, Petrostate, Putin, Qatar, Russia, russia sanctions, Saudi Arabia, The USA, Trump, Ukraine, Ukraine war, Uncategorized, USA, Venezuela oil
Tagged China, Energy, geopolitics, Hormuz, Iran, Iran war, IRCG, Kanal24, LNG, oil sector, OPEC, Russia, Tom O'Donnell interview, Trump, Ukraine, USA, Venezuela
See especially (i) my second response re. China’s big risk regarding repayment of its $100b loans, collateralized with a promised flow of Venezuelan oil, and equally (ii) Janiv Shah’s first comment, on the more immediate China impact. It was a pleasure to be on with the well known oil expert Janiv Shah, VP RystadEnergy.
Continue readingPosted in Energy and Geostrategy, geopolitics, Global Oil Market, Hugo Chávez, Latin America, Maduro, Oil Crisis, Oil prices, Oil supply, PDVSA, Petrostate, Putin, Russia, shale oil, Trump, U.S. oil, Uncategorized, US Foreign Policy, USA, Venezuela oil
Tagged Chavez, Chavista, China, China loans, China oil, Energy, geopolitics, Global Oil Market, oil sanctions, oil sector, Russia, Trump, United States, USA, USA oil, Venezuela
Nataly Lutsenko at Kanal24 TV in Kyiv, invited me again to an interview. We discussed, in detail, what I see as “the oil war” jointly waged by Ukraine and the USA against Russia. Each has its role:
(i) Ukraine is waging an air campaign with drones and missiles against Russian refineries, oil export terminal ports, and oil tankers. This is an audacious and expanding campaign seriously impeding Russian capacity to handle export of the oil its fields produce.
It is important to note, politically, that these attacks are assisted by USA intelligence, as reported in October by the FT. Ukraine’s intelligence chief also spoke of Ukraine’s crucial dependence on US intelligence assets on 20 December, and later on the depth. Unlike the former “oil price cap” strategy of the Biden administration and the early months of the second-Trump administration, the present, much expanded air war on Russian oil is now clearly embraced by the USA.
(ii) For its part, the USA’s role in this oil-war – along with NATO, UK, EU and G7 allies – involves increasingly harsh tariffs and sanctions against Russian oil exports.
Continue readingPosted in energy war, European Union, geopolitics, Global Oil Market, Global Oil system, Oil Crisis, Oil supply, Petrostate, Putin, Russia, russia sanctions, Sanctions, The USA, Trump, Ukraine, Ukraine, Ukraine war, Uncategorized, USA
Tagged Energy, geopolitics, Kanal24, NATO, negotiations, oil sanctions, oil sector, oil war, peace, peace deal, politics, Russia, tom-odonnell-interviews, Trump, Ukraine, United States, USA, War
My thanks to Tor Klaveness at Kapital, Norway’s oldest and leading, business magazine. Below is an English translation, then the Norwegian original. – Tom O’D.
“Bone-crushing” and “draconian”: The law that could choke Putin’s oil revenues
If peace talks between Ukraine and Russia break down, the US Senate is ready to pass a sanctions package that could strangle Russia’s oil exports. In that case, it could significantly strengthen the oil market.
Energy Published 29 Nov. | Paywall removed, Updated 9 Dec.
By: Tor Klaveness
“President Trump said this weekend, ‘Send me the bill.’ So we have to send him the bill to help end this war.”
This was stated by Republican Senator Lindsey Graham in a panel debate on November 19 with Democratic Senator Richard Blumenthal. The debate was moderated by Clayton Seigle, a senior fellow at the think tank Center for Strategic and International Studies (CSIS), which also organized the debate.
The bill Graham referred to is the Sanctioning Russia Act , which he is co-sponsoring with Blumenthal. The bill already has the support of 85 of the 100 US senators and would give US authorities the right to impose punitive tariffs of no less than 500 percent on countries importing Russian energy.
With a stick and a carrot
Dr. Thomas O’Donnell is an energy and geopolitical strategist, founder of GlobalBarrel.com and former global fellow at the Wilson Center in Washington, D.C. He believes Congress is now poised to give President Trump an extremely potent weapon.
The proposal is being described as “bone-crushing” and “draconian,” and is set to be voted through almost unanimously in the Senate.
Continue readingPosted in Energy and Geopolitics, Energy and Geostrategy, Energy crisis, energy war, European Union, geopolitics, Global Oil Market, norway, Oil Crisis, Oil prices, Oil supply, OPEC, opec-plus, Petrostate, Putin, Rosneft, Russia, russia sanctions, The USA, Trump, U.S. oil, Ukraine, Ukraine, Ukraine war, Uncategorized, USA
Tagged Energy, geopolitics, Kapital, Lukoil, norway, oil, oil sector, OPEC, Rosneft, Russia, Sanctions, Tom O'Donnell intervieews, Trump, Ukraine, United States
Here is the video of our 10 Nov. event, organized by EIES (European Institute for Energy Security). Our topic was the turn in US Trump administration policy on ending Russia’s war against Ukraine and the Russian oil sector.
My sincere thanks to EIES, and especially Executive Director Albéric Mongrenier, for inviting me along with distinguished energy and geopolitics experts. (Note: EIES is affiliated with, but policy-independent of, SAFE in Washington).
Our distinguished expert panel included:
A central question we addressed was the turn in the Trump administration policy to apply significant coercive measures against the Russian oil sector to undermine the ability of the Putin government to continue its was in Ukraine. We discussed how effective the new sanctions on Rosneft and Lukoil might be and what is the synergistic effect of the Ukrainian drone and missile campaign against Russian domestic refineries and oil export terminal ports.
For an update on expanded attacks on Russian Black Sea oil ports and their meaning, see the written comments accompanying my Kanal24 video interview, posted on Monday, 17 Nov. “The US & Ukraine pound Russian oil | my Kanal24, Kyiv“).
Continue readingPosted in Energy and Geopolitics, Energy and Geostrategy, Energy crisis, energy war, Euroepen Union, Global Oil Market, Global Oil system, Oil Crisis, oil price war, Oil prices, Oil supply, Petrostate, Russia, russia sanctions, Saudi Arabia, The USA, U.S. oil, Ukraine war, Uncategorized, US Foreign Policy
Tagged Energy, geopolitics, Lukoil, NATO, oil war, petrostste, politics, Putin, Rosneft, Russia, russia sanctions, Trump, Ukraine, Ukraine war, United States, USA, War
The Global Barrel 