As global energy dynamics shift amid geopolitical tensions and fluctuating supply chains, China remains a pivotal player in the crude oil market. In 2025, the world’s largest oil importer will continue its aggressive stockpiling strategy, […]
In a move signaling a strategic pivot toward reclaiming market share amid softening global demand, OPEC+ has reached a preliminary agreement to boost oil production starting in October 2025. Key members of the alliance, including […]
In a significant move to curb Iran’s illicit oil revenues, the U.S. Treasury Department has imposed sanctions on a shipping network accused of smuggling Iranian crude oil by disguising it as Iraqi crude. The network, […]
The Ministry of Oil said in a statement on Saturday that six firms were invited to submit technical and commercial bids for the project, given Iraq’s urgent need to secure electricity and operate power stations. […]
Daily Standup Top Stories Germany’s Net Zero Plans Include Taxing the Sun and Closing Stable Power Plants August 10, 2025 Clark Savage In a bizarre twist of environmental policy, Germany’s push toward Net Zero emissions has […]
In the ever-volatile world of energy, the oil and gas sector is facing a paradoxical challenge: rig counts remain stubbornly low, hovering near three-year lows, even as global demand continues to push boundaries. As of […]
Malaysia has introduced new regulations to combat illegal ship-to-ship (STS) oil transfers in its territorial waters, a move that could disrupt operations of the so-called shadow tanker fleet moving sanctioned oil to China. Under the […]
In the world of energy production, gas flaring—the controlled burning of excess natural gas during oil extraction—remains a persistent challenge. This practice not only wastes a valuable resource that could power homes and industries but […]
In a series of escalating attacks that underscore the fragile security in Iraq’s oil-rich regions, drone strikes have targeted multiple oilfields in the semi-autonomous Kurdistan area, leading to the shutdown of up to 200,000 barrels […]
In an escalating diplomatic standoff amid heightened tensions in the Middle East, the United States has issued a stern warning to Iraq over its alleged involvement in facilitating the smuggling of Iranian oil. This comes […]
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