China Escalates Taiwan Provocations with Illegal Oil Drilling in EEZ

In a bold move that has heightened geopolitical tensions in the South China Sea, China has been accused of installing oil drilling platforms and vessels within Taiwan\’s exclusive economic zone (EEZ), marking a new phase in Beijing\’s \”gray-zone\” tactics against the island. According to recent reports, the state-owned China National Offshore Oil Corporation (CNOOC) has […]

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Oil Prices Sink by Pennies As EIA Confirms Surprise Inventory Build

In a market already grappling with supply concerns and shifting global dynamics, oil prices dipped modestly this week following the U.S. Energy Information Administration\’s (EIA) latest Weekly Petroleum Status Report. Released on September 4, 2025, the report confirmed an unexpected build in crude oil inventories, adding downward pressure to prices that have been range-bound amid […]

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The UK Energy Hypocrisy is Collapsing the Very Thing Holding Up the Economy, by Taxing It Even More

In the pursuit of a net-zero future, the United Kingdom has embarked on a path that reeks of hypocrisy: aggressively taxing its oil and gas sector while simultaneously relying on it to prop up the economy. The Labour government\’s recent hikes to the Energy Profits Levy (EPL)—now at a staggering 78% headline rate—exemplify this contradiction, […]

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U.S. Shale is Not Maxed Out Yet, and Don\’t Rule Out the Other Plays in the States

The narrative around U.S. shale oil and gas has been buzzing with talk of peaks and plateaus, especially amid fluctuating prices and budget constraints. Yet, a closer look at production trends, technological strides, and emerging demand drivers reveals a resilient industry far from exhaustion. While some industry voices suggest that shale oil output may have […]

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Russia Uncovers 511 Billion Barrels of Oil Beneath Antarctica: A Find That Could End the Continent’s Era of Peaceful Use

In a revelation that has sent shockwaves through the global energy sector and international diplomacy, Russian seismic surveys have uncovered potential oil and gas reserves estimated at a staggering 511 billion barrels in the icy depths of Antarctica. This figure dwarfs Saudi Arabia\’s proven reserves by nearly double and exceeds the North Sea\’s total output […]

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BlackRock Gas Deal Shores Up Aramco\’s Financial Firepower

In a strategic move that underscores Saudi Aramco\’s commitment to bolstering its balance sheet while expanding its natural gas operations, the oil giant has inked an $11 billion lease-and-leaseback agreement with a consortium led by BlackRock\’s Global Infrastructure Partners (GIP). This deal, announced on August 14, 2025, involves the Jafurah gas processing facilities and is […]

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