Subscribe to our free daily newsletters
  Oil and Gas News from OilGasDaily.Com  




Subscribe to our free daily newsletters



OIL AND GAS
De-escalate, Pentagon tells Persian Gulf rivals
by Daniel J. Graeber
(UPI) Jul 7, 2017


The U.S. military said it was pressing Persian Gulf countries to resolve lingering issues with Qatar, an issue that presents risks to the energy sector.

Saudi Arabia in June led a coalition of Middle East countries in severing ties with Qatar, adding a layer of geopolitical risk to the global energy market. Saudi Arabia is the largest oil producer in the Organization of Petroleum Exporting Countries, Qatar is a leading natural gas supplier and the Persian Gulf is a choke point for the flow of energy supplies from the region.

The countries accused Qatar of supporting terrorist networks and called on the nation to downgrade its relations with the Muslim Brotherhood in Egypt and close its al-Jazeera media outlet, among other things.

In a statement published Friday by the official Saudi Press Agency, Riyadh and its allies in Abu Dhabi, Cairo, and Manama, the capital of Bahrain, expressed "deep surprise" that Qatar rejected a list of demands aimed at resolving the dispute.

"The measures taken by the four countries are directed at the Qatari government to correct its course, which seeks to break up the Gulf Cooperation Council system and Arab and international security, destabilize the countries of the region and interfere in their affairs," the statement read.

The U.S. State Department said late Thursday that Secretary of State Rex Tillerson, the former head of Exxon Mobil, is headed to Kuwait next week at the invitation of regional leaders to discuss ongoing efforts to resolve the Gulf dispute. U.S. Defense Secretary Jim Mattis, meanwhile, spoke by phone with his Qatari counterpart to review regional ties focused in large part on counter-terrorism efforts.

"The secretary also discussed the state of relations among the nations of the Gulf Cooperation Council and the importance of de-escalating tensions so all partners in the Gulf region can focus on next steps in meeting common goals," Pentagon spokesperson Dana White said in a statement.

Apart from the GCC, several of the Persian Gulf nations engaged in the spat are OPEC members, and the row has raised questions about unity among the member states coordinating to ease supply-side strains with managed production declines.

RBC Capital Markets said last week it was concerned that regional proxy wars, or possibly even a confrontation between Saudi Arabia and Iran, could heighten risks for the broader energy markets.

OIL AND GAS
Mattis affirms US-Qatar cooperation: Pentagon
Washington (AFP) July 7, 2017
US Defense Secretary Jim Mattis reaffirmed America's strategic security partnership with Qatar on Thursday, the Pentagon said, amid a diplomatic crisis in the Gulf. It was also announced that Secretary of State Rex Tillerson will travel to Kuwait - one of the countries angry at Qatar in the spat - on July 10 at the invitation of Kuwait to discuss the row. Mattis, who spoke with his Qat ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Solving a sweet problem for renewable biofuels and chemicals

Cheap, energy-efficient and clean reaction to make chemical feedstock

Biofuel from waste

Regulating the indirect land use carbon emissions imposes high hidden costs on fuel

OIL AND GAS
Elon Musk's Tesla to build world's largest battery in Australia

Chinese Solar Farm in the Shape of a Giant Panda Can Be Seen From Space

Exciting new material uses solar energy to remove man-made dye pollutants from water

Air pollution casts shadow over solar energy production

OIL AND GAS
Thrive Renewables delivers mezzanine funded wind farms in Scotland

It's a breeze: How to harness the power of the wind

ADB: Asia-Pacific growth tied to renewables

GE Energy Financial Services Surpasses $15 Billion in Renewable Energy Investments

OIL AND GAS
Sixth MOX nuclear shipment leaves France for Japan

UK nuclear plant to cost consumers billions more

Toshiba delays results again citing US nuclear unit

AREVA obtains transport license for its new cask in France and Belgium

OIL AND GAS
US isolated over climate: G20 host Merkel

Climate: Can G19 hold firm against Trump's G1?

US pullout gives 'global push' to climate deal: UN chief

Concurrent hot and dry summers more common in future

OIL AND GAS
Baidu CEO's self-driving car stunt stumps police: media

China starts regulating bike-sharing as complaints soar

China police probe funding of 'traffic-straddling' bus

Electric vehicles inefficient way to reduce CO2 emissions: study

OIL AND GAS
Civilians trapped as Iraq forces battle IS in Mosul

Up to 20,000 civilians trapped in IS-held areas of Mosul: UN

Iraq battles last few hundred jihadists in Old Mosul

Iraqis mark first anniversary of devastating Baghdad blast

OIL AND GAS
North Korea crisis could 'get out of control': China's UN envoy

China walks a tightrope with Trump over North Korea

Bright thinking leads to breakthrough in nuclear threat detection science

China walks a tightrope with Trump over North Korea




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement