U.S.-India Trade Breakthrough: Strategic Energy Shift and Tariff Relief Reshape Bilateral Relations
Major Trade Agreement Nears Finalization The United States and India are finalizing a comprehensive trade deal that would significantly reduce…
Tag: Petroleum
How China’s AI-Energy Fusion Redefines Global Power Dynamics
The Strategic Convergence of AI and Energy Security In October 2025, China’s National Development and Reform Commission and National Energy…
Global Energy Markets Brace for Historic Supply Disruption as Oil Glut Looms
Unprecedented Supply Dynamics Reshape Energy Landscape Global oil markets are facing one of the most significant supply surges in modern…
Oil Markets Navigate Geopolitical Crosscurrents as Supply Glut Deepens
Weekly Decline Extends Despite Late-Session Stability Crude oil futures posted their third consecutive weekly loss despite showing signs of stabilization…
Trump Administration Backs Offshore Drilling Revival Despite California Oil Spill Legacy and Legal Challenges
The Trump administration is supporting a Texas company’s controversial plan to restart offshore oil drilling in California waters, where a 2015 pipeline rupture caused one of the state’s worst environmental disasters. Sable Offshore Corp. faces multiple legal challenges from environmental groups and state agencies as it seeks to revive production in federal waters beyond state jurisdiction.
Controversial Offshore Drilling Project Moves Forward
Federal officials under the Trump administration are reportedly backing a Texas-based energy company’s efforts to resume oil production off the Southern California coast, according to sources familiar with the matter. This development comes nearly a decade after a catastrophic pipeline failure caused what analysts describe as one of the state’s worst environmental disasters in decades.
India casts doubt on Trump’s claims that it has agreed to stop buying Russian oil
India Denies Trump’s Russian Oil Claims Amid Deepening Trade Tensions Diplomatic Dispute Erupts Over Energy Purchases India has directly contradicted…