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2017-07-10 12:10:00

RUSSIA FINANCES U.S.

RUSSIA FINANCES U.S.

OGJTwo senior Republicans on the US House Science, Space, and Technology Committee asked Treasury Sec. Steven T. Mnuchin to investigate allegations that Russian state-sponsored entities funneled money to US environmental organizations opposed to fossil fuels in an effort to disrupt domestic energy markets.

"If you connect the dots, it is clear that Russia is funding US environmental groups in an effort to suppress our domestic oil and gas industry, specifically hydraulic fracturing," Committee Chairman LaMar Smith (Tex.) said on July 7 as he released a letter he and Energy Subcommittee Chairman Randy Weber (Tex.) sent to Mnuchin.

"They have established an elaborate scheme that funnels money through shell companies in Bermuda. This scheme may violate federal law and certainly distorts the US energy market," Smith asserted.

Publicly available reports reveal that the Russian government and complicit parties funneled money from that country through Bermuda-based shell companies to environmental groups in the US with the aim of disrupting the US energy industry and influencing public opinion of the oil and gas industry, he and Weber said in their June 29 letter.

Such a scheme potentially violates federal statutes pertaining to agents of foreign governments or those lobbying on behalf of domestic and foreign interests, they said.

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Earlier:

 

 RUSSIA:        

 

 USA:                                            

RUSSIAN GAS FOR CHINA 

AGAINST RUSSIA SANCTIONS 

RUSSIA - TURKEY RECONCILIATION 

GAZPROM: RUSSIAN GAS FOR EUROPE 

RUSSIA - IRAN OIL TALKS 

OPEC & NON-OPEC AGREEMENT 

RUSSIAN STRUCTURAL REFORMS

 

U.S. DEFICIT $46.5 BLN 

U.S. LNG FOR BRITAIN 

U.S. GAS UPDOWN 

U.S. GDP UP 1.4% 

U.S. - S.KOREA BUSINESS 

U.S. OIL DEMAND UP 4.9% 

U.S. RENEWABLE ENERGY

 

 

 

 

Tags: RUSSIA, USA, OIL, GAS,

Chronicle:

RUSSIA FINANCES U.S.
2017, December, 18, 12:20:00

AUSTRALIA STOPS COAL

PLATTS - National Australia Bank announced Thursday it will no longer provide financing for new thermal coal projects.

RUSSIA FINANCES U.S.
2017, December, 18, 12:15:00

EXXON - PETROBRAS ALLIANCE

Petrobras and ExxonMobil signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities.

RUSSIA FINANCES U.S.
2017, December, 18, 12:10:00

EXXON BOUGHT MOZAMBIQUE

ExxonMobil Development Africa B.V. has acquired a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations.

RUSSIA FINANCES U.S.
2017, December, 18, 12:05:00

U.S. RIGS DOWN 1 TO 930

U.S. Rig Count is down 1 rig from last week to 930, with oil rigs down 4 to 747, gas rigs up 3 to 183, and miscellaneous rigs unchanged. Canada Rig Count is up 19 rigs from last week to 238, with oil rigs up 22 to 134 and gas rigs down 3 to 104.

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