Closing Bell Story

EnerCom Dallas – Ajax Analytics – Collect. Analyze. Inform

EnerCom Dallas – Ajax Analytics – Collect. Analyze. Inform

Ajax Analytics presentation was live streamed, and the recorded presentation is below.  Ajax Analytics is a Fort Collins, Colorado-based team of independent data and environmental experts building a reliable methodology for unbiased, scientifically collected and actionable environmental information to enable better conversations, interactions, and data-based decisions in an increasingly complex social-environmental landscape.  All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at Enercomdallas.com. If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

Source: Houston Chronicle

All eyes on Exxon, Chevron after BP vows carbon neutrality

Houston Chronicle BP Plc’s pledge to zero out all its carbon emissions by 2050 deepens the divide between major European and American oil producers on climate change, increasing the pressure for Exxon Mobil Corp. and Chevron Corp. to do more. The U.S. supermajors have only committed to reducing greenhouse gases from their own operations, which typically account for just 10% of fossil fuel pollution. BP on Wednesday followed Royal Dutch Shell Plc and Equinor ASA in pledging to offset emissions from the fuels they sell to customers, representing about 90% of the total. “If we do see capital flowing into BP, that may force the U.S. majors to rethink the speed at which they move on carbon reduction targets,” said Noah Barrett, a Denver-based energy analyst at Janus Henderson, which manages $356 billion. Still, he doesn’t see “Chevron or Exxon adopting a BP-like strategy in the near future” as they[Read More…]

Source: Reuters

Coronavirus unlikely to have big impact on oil prices: U.S. energy secretary

Reuters LISBON (Reuters) – The coronavirus epidemic in China has had a marginal impact on energy markets and is unlikely to dramatically push up oil prices even if Chinese demand falls by 500,000 barrels per day, U.S. Energy Secretary Dan Brouillette told Reuters on Thursday. Brouillette cautioned, however, that there had been some “slowing” of Chinese energy purchases. He said there could be a greater impact if the new virus continued to expand at a rapid pace, affecting flights in and out of the country and hitting China’s economy. “But at this point it’s marginal,” he said during a visit to Portugal. “If the Chinese market is off by half a million barrels, that is 0.5% of total market, we are not going to see that impact on pricing very dramatically.” Oil demand is set to fall by 435,000 bpd this quarter, in its first decrease since the financial crisis[Read More…]

Source: Houston Chronicle

Marathon Oil cuts drilling budget amid 56 percent drop in profit

Houston Chronicle Houston exploration and production company Marathon Oil has cut its drilling budget by about 10 percent amid an ongoing shale slump that caused revenue and profits to decline in 2019. In a Wednesday afternoon statement, Marathon said the company is cutting capital expenditures by 10 percent, to $2.4 billion from $2.6 billion in 2019. The company plans to spend $2.2 billion of its capital expenditure budget on drilling, hydraulic fracturing and other activities in the field while the remain $200 million will go to secure new oil leases and exploratory work looking for new geological formations with oil and natural gas. Marathon remains in the black, but like other companies in the exploration and production sector, more than a year of crude oil prices in the $50 range is taking its toll on profit and drilling activity. Active in the Eagle Ford Shale, Permian Basin, Oklahoma and Bakken[Read More…]

Wyoming Minerals for Sale

Wyoming Minerals for Sale

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. EnerCom Inc. is not a brokerage firm and does not endorse or facilitate any transactions. Deal Summary Energy Advisors Group has been retained by SilverBow Resources to market certain Powder River Basin Override Interests in Campbell, Converse & Niobrara Cos., Wyoming. The asset includes stacked pay opportunities (over 5000′), solid cashflow and experienced operators. As described above the sale package (342-Net Royalty Acres) runs across multi-pay conventional reservoirs and includes 10-DUC’s operated by EOG. There are 74-Total Wells (48-PDP, 10-DUC, 9-SI) whose current gross production is 4,056 BOPD & 31,203 MCFD (9,256 BOED 6:1) and net cash flow is $47,560/Mn. –For Sale– ~1.6% Average Override Interest. Asset Highlights: POWDER RIVER BASIN SALE PACKAGE ~10,692-Acres. 342 NMA. 48-PDP. 10-DUC CAMPBELL, CONVERSE & NIOBRARA CO. Parkman, Teapot & Turner Formations ~1.6% Average Override Interest[Read More…]

Source: CNBC

Global oil demand set to see first quarterly decline in over 10 years, IEA says

CNBC Global oil demand is now expected to see its first quarterly contraction in over a decade, according to the International Energy Agency (IEA), as the new coronavirus and widespread shutdown of China’s economy hits demand for crude. Demand is now expected to fall by 435,000 barrels a day (b/d) in the first quarter of 2020, down from the same period a year ago, and marking the first quarterly contraction in more than 10 years, the IEA said in its monthly oil market report Thursday. The expected decline in demand prompted the agency to cut its 2020 growth forecast by 365,000 b/d to 825,000 barrels a day, the lowest since 2011. Lower-than-expected consumption in the OECD countries trimmed 2019 growth to 885,000 b/d, it also said. The forecast downgrade comes as the coronavirus, which has infected over 59,000 worldwide and killed over 1,300 people, continues to weigh on global market sentiment and China’s[Read More…]

February 13, 2020 - 1:00 pm China, Closing Bell Story, Crude Oil News, Energy News, International
Source: Reuters

Oil prices climb on prospects for deeper OPEC+ output cuts

Reuters NEW YORK – Oil prices edged higher on Thursday, as investors hoped the world’s biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China. Brent crude LCOc1 was up 58 cents, or 1.04%, at $56.37 a barrel by 12:20 p.m. ET, while U.S. West Texas Intermediate (WTI) CLc1 was up 40 cents, or 0.8%, at $51.57 a barrel. U.S. gasoline futures RBc1 jumped more than 1%, supported by outages at Exxon Mobil Corp’s 502,500 barrel-per-day (bpd) Baton Rouge, Louisiana and at Phillips 66’s 285,000-bpd Bayway refinery in Linden, New Jersey. The Organization of the Petroleum Exporting Countries lowered its 2020 demand forecast for its crude by 200,000 bpd, prompting expectations the producer group and its allies, known as OPEC+, could cut output further. “The Russians have pretty much signaled that everyone is on board[Read More…]

February 13, 2020 - 12:00 pm China, Closing Bell Story, Crude Oil News, Energy News, International
Port of Corpus Christi Awarded $17M Federal Grant for First Phase of Avery Point Terminal Redevelopment

Port of Corpus Christi Awarded $17M Federal Grant for First Phase of Avery Point Terminal Redevelopment

Port of Corpus Christi Corpus Christi, TX, USA – The Port of Corpus Christi has received a federal grant of more than $17 million from the U.S. Department of Transportation – Maritime Administration to expand Oil Dock 3 as the first of four phases in the redevelopment of the Avery Point Terminal (Avery Point). Located on the Corpus Christi Ship Channel’s Inner Harbor, Avery Point is one of the Port of Corpus Christi’s most productive public oil terminals, currently operating at over 84% capacity. The four ship docks, however, are more than 55 years old and require major rehabilitation or reconstruction to safely and efficiently accommodate today’s modern vessel fleet. This high utilization prohibits the decommissioning and redevelopment without the creation of new berth capacity nearby to accommodate existing (and growing) demand during the reconstruction. “Access to safe and efficient infrastructure is critical as more people and goods come to Texas each[Read More…]

Weekly Gas Storage: Inventories decrease by 115 Bcf

Weekly Gas Storage: Inventories decrease by 115 Bcf

Natural Gas Inventories as of February 7, 2020 The EIA has released its natural gas inventory report, showing a net decrease of 115 Bcf as of February 7, 2020. Working gas in storage was 2,494 Bcf as of Friday, February 7, 2020, according to EIA estimates. This represents a net decrease of 115 Bcf from the previous week. Stocks were 601 Bcf higher than last year at this time and 215 Bcf above the five-year average of 2,279 Bcf. At 2,494 Bcf, total working gas is within the five-year historical range.   Working gas in underground storage, Lower 48 states Historical Comparisons Stocks billion cubic feet (Bcf) Year ago (02/07/19) 5-year average (2015-19) Region 02/07/20 01/31/20 net change implied flow Bcf % change Bcf % change East 569 598 -29 -29 447 27.3 498 14.3 Midwest 694 725 -31 -31 496 39.9 587 18.2 Mountain 126 136 -10 -10 96[Read More…]

Source: Houston Chronicle

America’s oil boom feels more like bust in the shale patch

Houston Chronicle Last month, two days before the latest government prediction that U.S. shale production would hit new heights, an oil industry conference in Houston opened with a clip of Eeyore making one of his bleak utterings: “End of the road, nothing to do and no hope of things getting better.” It made sense to kick things off with Winnie the Pooh’s depressed donkey friend. As Kim Bourgeois, a managing director who focuses on energy at HOS Investment Partners, told the assembled crowd, “That’s what most of our Monday mornings have felt like.” For the exploration and production companies behind what has been spectacular growth in U.S. crude output, the boom has busted. Many are burning through cash and struggling to meet investor expectations. In Texas, the biggest oil-producing state and home to most of the prolific Permian Basin, the number of active rigs tumbled 24% last year. Oil prices[Read More…]

February 13, 2020 - 11:00 am Closing Bell Story, Commodity Pricing, Crude Oil News, Energy News
EIA revises global liquid fuels demand growth down because of the coronavirus

EIA revises global liquid fuels demand growth down because of the coronavirus

EIA In the February 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that global liquid fuels demand will average 101.7 million barrels per day (b/d) in 2020, 1.0 million b/d more than the 2019 average. This latest estimate of 2020 global liquid fuels demand is 378,000 b/d less than was forecast in the January 2020 STEO (Figure 1). The difference between the forecasts is driven by a combination of lower-than-expected heating fuel consumption caused by the Northern Hemisphere’s warmer-than-expected winter, an expected slowing of economic growth in general, and the particular economic effects of the 2019 novel coronavirus (COVID-19) outbreak. EIA estimates that COVID-19 will reduce China’s total petroleum and liquid fuels demand by an average of 190,000 b/d in 2020. This forecast is based on estimates of three separate components (Figure 2): The reduction in demand for petroleum and liquid fuels caused by the[Read More…]

EnerCom Dallas – SitePro “A Digital Revolution” presentation by David Bateman, Co-CEO

EnerCom Dallas – SitePro “A Digital Revolution” presentation by David Bateman, Co-CEO

David Bateman, Co-CEO, presentation “A Digital Revolution” was live streamed, and the recorded presentation is below.  Investors in the Oil & Gas market are looking for faster returns. That means that CAPEX has to be cut and efficiencies put into the work place. SitePro has so many tools in the automation tool belt for water and oil field automation. They have great examples of savings from real customers in real world situations.   All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at Enercomdallas.com. If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

EnerCom Dallas – Comstock Resources Investor Presentation

EnerCom Dallas – Comstock Resources Investor Presentation

 Comstock Resources  Investor presentation was live streamed, and the recorded presentation is below.   Comstock Resources is an independent energy company engaged in the acquisition, development, production and exploration of oil and natural gas properties.  The Company’s assets are located in Texas, Louisiana and North Dakota. All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at EnerCom Dallas If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

Enverus and RS Energy Group Combine Forces

Enverus and RS Energy Group Combine Forces

Enverus SaaS innovators strengthen their advanced analytics, intelligence and technology offerings to the energy industry   Austin, TX (February 12, 2020) – Enverus, a leading energy SaaS and data analytics company, announces today that it has acquired RS Energy Group (RSEG), an innovative technology firm focused in the upstream oil & gas industry. The acquisition combines the companies’ complementary strengths to accelerate technology, machine learning and advanced analytics across the energy market. For more than 20 years, each company has independently established a reputation for providing unique value to its customers. Backed by Genstar Capital, Enverus’ leading technology enables operators, investors and oilfield service companies to make better, faster decisions and delivers unmatched, in-field business automation software and capabilities. Since Warburg Pincus partnered with RSEG in 2015, the traditionally research-focused firm has grown nearly six-fold into a technology and data science-driven organization that allows investors and corporate executives to operationalize[Read More…]

Source: Reuters

U.S. crude oil inventories increase by 7.5 million barrels

Weekly Crude Oil Storage as of February 7, 2020 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.5 million barrels from the previous week. At 442.5 million barrels, U.S. crude oil inventories are about 2% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of February 7, 2020. Click the above picture to view EnerCom’s interactive dashboard   Summary of weekly petroleum data for the week ending February 7, 2020 U.S. crude oil refinery inputs averaged 16.0 million barrels per day during the week ending February 7, 2020, which was 48,000 barrels per day more than the previous week’s average. Refineries operated at 88.0% of their operable capacity last week. Gasoline production increased last week, averaging 9.2 million barrels per day. Distillate fuel production decreased last week, averaging 4.8[Read More…]

Four proposed liquefied natural gas export projects along the Texas coast landed federal permits to ship a combined 47 million metric tons of liquefied natural gas per year to non-free trade agreement nations such as Japan, South Korea and India.

Four LNG projects along Texas coast land non-FTA export permits

Chron The Energy Department authorized the projects to annually send up to 47 million metric tons and to enter into contracts with utility companies and other customers in Europe, Asia and Latin America where natural gas prices are higher than those in the United States. But approval comes as LNG prices in Asia are at record lows amid a supply glut attributed to a mild winter and the coronavirus outbreak in China. Three of the four proposed projects are at the Port of Brownsville: Rio Grande LNG, by Houston-based NextDecade; Annova LNG, a Houston subsidiary of Chicago utility company Exelon; and Houston-based Texas LNG. The fourth is an expansion to Cheniere Energy’s Corpus Christi LNG. “This is another significant milestone for our Rio Grande LNG project, which will play a critical role in linking natural gas from the Permian Basin and Eagle Ford Shale to the global LNG market, providing countries around the world[Read More…]

February 12, 2020 - 11:59 am Closing Bell Story, LNG
EnerCom Dallas – Power The Future

EnerCom Dallas – Power The Future

Power The Future presentation was live streamed, and the recorded presentation is below.  Daniel Turner, Executive Director, has been on many national media outlets defending the Energy Sector with facts. Something the Green New Deal folks do not understand. Thank you Daniel for everything you do…Stu All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at EnerCom Dallas If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

EnerCom Dallas – Vermilion Energy -Anthony Marino, President & CEO covers update and ESG

EnerCom Dallas – Vermilion Energy -Anthony Marino, President & CEO covers update and ESG

Vermilion Energy presentation was live streamed, and the recorded presentation is below.  Anthony Marino, President & Chief Executive Officer, gave a great update to the Vermilion Energy story. He covered some key industry best practices that we are seeing investors are requesting. The ESG component is already part of the Vermilion Energy culture, and ahead of many other Energy companies.  All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at Enercomdallas.com. If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

EnerCom Dallas – Kayrros -The asset-centric technology platform.

EnerCom Dallas – Kayrros -The asset-centric technology platform.

Kayrros presentation was live streamed, and the recorded presentation is below.  Ted Hall, Senior Market Analyst’s presentation was an outstanding view of the asset-centric technology platform. Ted can be reached at 713 588 2332, and the Kayrros site is kayrros.com All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at EnerCom Dallas If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

Portland General Electric and Avangrid Renewables announce major solar facility in Oregon

Portland General Electric and Avangrid Renewables announce major solar facility in Oregon

Portland General Electric and Avangrid Renewables announce major solar facility in Oregon

Kosmos Energy Increases Reserves for Seventh Consecutive Year

Kosmos Energy Increases Reserves for Seventh Consecutive Year

Kosmos Energy Increases Reserves for Seventh Consecutive Year

EnerCom Dallas – Hathaway LLC Presentation – Chad has real world experience with Kern County oil

EnerCom Dallas – Hathaway LLC Presentation – Chad has real world experience with Kern County oil

Chad Hathaway, Founder and CEO of Hathaway LLC presented at the EnerCom Dallas Investors Conference. The presentation live streamed, and the recorded presentation is below.  Chad’s experience with the California political anti-oil population is extensive, and he is ambassador for Kern County oil. Hathaway LLC has 90% of the permits needed to develop have already been approved. As an investor, this is critical.  All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at Enercomdallas.com. If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

EnerCom Dallas – Energy Transitions & Humans presented by Chris Wright, Liberty Oil Field Services

EnerCom Dallas – Energy Transitions & Humans presented by Chris Wright, Liberty Oil Field Services

Chris Wright, CEO, Liberty Oil Field Services  presented the lunch key note. The presentation live streamed, and the recorded presentation is below.  This is a MUST watch presentation for anyone that is a human. Chris is passionate about his presentation of Energy Transitions & Humans. There is an inherent relationship between fossil fuels and health. When you watch his presentation try to see who saved the wales. All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at EnerCom Dallas If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

EnerCom Dallas – East Daley Capital

EnerCom Dallas – East Daley Capital

East Daley’s presentation at 11:05 am CST was live streamed, and the recorded presentation is below. Rob Wilson,  and Matt Lewis were the presenting team from East Daley. East Daley’s 2020 U.S. production forecast calls for annual average crude production to hit 13.0 MMb/d (up 0.8 MMb/d Y-o-Y), natural gas to average 98.3 Bcf/d (up 6 Bcf/d Y-o-Y), and NGL supply from processing plants to average 5.4 MMb/d (up 0.5 MMb/d Y-o-Y). The Permian Basin will lead the charge with an average crude oil production increase of 16% from 2019 to 2020. They have put together the 2020 Dirty Little Secrets – Molecules to Money white paper. It is worth your time to read. All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at Enercomdallas.com. If you have any[Read More…]

EnerCom Dallas – GeoPark Corporate Investor Presentation

EnerCom Dallas – GeoPark Corporate Investor Presentation

GeoPark Corporate presentation at 10:05 am CST was live streamed, and the recorded presentation is below. Jim Park covers the rich 17 year track record of GeoPark, and some of the reasons for their success.  Their slogan”Creating Value and Giving Back” ​just about covers everything.​​ GeoPark is the only independent positioned across Latin America, and they are the most attractive oil & Gas investment in the region today. All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at EnerCom Dallas. If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

EnerCom Dallas – Ring Energy, Inc investor presentation by David Fowler, President

EnerCom Dallas – Ring Energy, Inc investor presentation by David Fowler, President

Ring Energy’s presentation at 9:40 am CST was live streamed, and the recorded presentation is below. Ring Energy is a Texas based E&P company focused on domestic exploration and production of oil and natural gas with current operations primarily in Texas. Ring is listed on the NYSE under REI All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at Enercomdallas.com. If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

EnerCom Dallas – Goodrich Petroleum Corporation

EnerCom Dallas – Goodrich Petroleum Corporation

Goodrich Petroleum’s presentation at 8:50 am CST was live streamed, and the recorded presentation is below.  Goodrich is a pure Haynesville pure play opportunity with strong Haynesville results.  All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all of our channels. Stay tuned for some great information from our presenting companies.Full presentations are hosted at Enercomdallas.com. If you have any questions, please email [email protected] Oil & Gas Conference – DenverSAVE THE DATE: AUGUST 16 – 19, 2020THE WESTIN DENVER DOWNTOWN

Touchstone Exploration discovers oil and gas deposit onshore Trinidad

Touchstone Exploration discovers oil and gas deposit onshore Trinidad

Offshore Technology Canada-based Touchstone Exploration has announced results from the first tests on a liquids-rich gas deposit in Trinidad and Tobago. Tests on the Cascadura-1ST1 well gave an average flow of 5,180 barrels of oil equivalent per day (boe/d). During the 14-hour extended flow test period, production peaked at 5,736 boe/d. This includes 30.2 million cubic feet of natural gas per day and 710 barrels of natural gas liquids per day. The company examined the deepest 162ft of the 777ft deposit, part of the Ortoire exploration block on the island of Trinidad. It has an 80% working interest in the block, while Heritage Petroleum has 20%. Initial testing was suspended because of high pressures and natural gas volumes. Current tests show no hydrogen sulphide in the deposit, with little water. The test well will be shut-in for two weeks for a pressure build-up survey. During this time, the company will test[Read More…]

Russian Energy Companies May Enter Iraq’s Gas Market, Tripling Investments – Lawmaker

Russian Energy Companies May Enter Iraq’s Gas Market, Tripling Investments – Lawmaker

UPrduPoint MOSCOW (UrduPoint News / Sputnik – 10th February, 2020) Russia is exploring the possibility of expanding the activity of its energy giants Lukoil, Bashneft and Gazprom Neft into Iraq‘s gas sector, which may triple Russia‘s investments into the energy-rich country, senior Russian lawmaker Yury Fedorov said Monday. “Our leading oil and gas companies, such as Lukoil, Bashneft, Gazprom Neft, are operating in your country today. The total investment has exceeded $10 billion. We are exploring the possibility of diversifying the activities of Russian economic operators, including by connecting them to the gas sector,” Fedorov said at a meeting with Iraqi Ambassador to Russia Abdul-Rahman Hamid Al-Husseini. Fedorov, who serves as the deputy chair of the Russian upper house’s Economic Policy Committee, shared Russian estimates of the prospective cooperation. “According to preliminary forecasts, this could triple the investment of our companies in your economy,” Fedorov added.

February 11, 2020 - 11:32 am Closing Bell Story, International, Natural Gas News
Iran is closer ‘than ever before’ to regime collapse, says former Obama security advisor

Iran is closer ‘than ever before’ to regime collapse, says former Obama security advisor

CNBC Amid protests fueled by popular anger over the government’s handling of a downed passenger jet, some argue this is the most vulnerable the Islamic Republic’s regime has been since its founding in 1979. Thousands of Iranians are estimated to have protested the regime in recent days and are now being met with live ammunition and tear gas from Iranian security forces. Iran’s economy is buckling under increasingly heavy U.S. sanctions imposed after the Trump administration withdrew from the 2015 nuclear deal. But some former security officials worry the pressure will only make the regime double down and that those most in danger are the Iranian people. ABU DHABI, United Arab Emirates — Iran has had a turbulent past week, marked by more than a hundred Iranian deaths and dramatically increased tensions with the U.S. As it enters into the third day of protests fueled by popular anger over the government’s handling of a[Read More…]