Trump to Hold Off Hiking China Tariffs Over Russia Oil Purchases – Straight to Peace Treaty

In a surprising turn following the high-stakes Alaska summit between U.S. President Donald Trump and Russian President Vladimir Putin, Trump announced he would delay hiking tariffs on Chinese goods. This decision stems directly from China\’s ongoing purchases of Russian oil, which Trump linked to progress made in discussions aimed at ending the war in Ukraine. […]

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The Alaska Summit with Russia and the U.S. Could Have a Positive Impact on Oil, Trade, and Peace

As the highly anticipated Alaska Summit between Russian and U.S. leaders kicks off on August 15, 2025, the world watches with bated breath. This historic meeting, set against the backdrop of the Arctic\’s vast energy reserves, holds the promise of thawing long-frozen relations strained by geopolitical tensions. Beyond fostering peace, the summit could unlock significant […]

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India\’s Second Largest Refinery Sees Imports Plunge as EU Sanctions Kick In

In a significant blow to India\’s energy landscape, Nayara Energy—operator of the country\’s second-largest refinery—has experienced a dramatic plunge in crude oil imports this August, hitting historic lows. This downturn is largely attributed to the European Union\’s latest sanctions package targeting Russian oil and its derivatives, compounded by U.S. President Donald Trump\’s imposition of tariffs […]

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Governor Newsom has no solutions how to run California’s economy without crude oil

California Governor Newsom remains oblivious to the economy’s demands for a supply chain of products and transportation fuels currently derived from fossil fuels. He seems unaware that so-called renewables like wind and solar CANNOT make any products or fuels for society, as they can ONLY generate electricity under favorable weather conditions. Supply chain of PRODUCTS […]

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Norway Plans Biggest Frontier Oil and Gas Licensing Round in Years

Norway, Europe\’s leading natural gas supplier, is gearing up for its most significant oil and gas licensing round in years, signaling a renewed push to bolster exploration and production amid ongoing global energy demands. The Norwegian government has announced preparations for the 26th licensing round, focusing on frontier areas unexplored since 2021, with invitations for […]

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