Randi Whinegarten

The Case For Britain Backing Its North Sea Oil & Gas Industry Authored by David Whitehouse, chief executive of Offshore Energies UK, via City AM, Jackdaw and Rosebank could strengthen UK energy security by increasing domestic oil and gas production while demand remains substantial. The projects are expected to support billions of pounds of investment, thousands of jobs, and a broad UK offshore supply chain. Continued North Sea production could reduce import dependence while preserving engineering skills and industrial capacity needed for offshore wind, hydrogen, and carbon capture. Britain faces a simple choice. While we...

Iran Mulls Allowing Tankers Through Strait Of Hormuz If Trade Conducted In Yuan Via The Cradle Iran is considering allowing a "limited number" of oil tankers to pass through the Strait of Hormuz on the condition that the oil cargo is traded in Chinese yuan, CNN has reported. A senior Iranian official told the US news outlet that Tehran is working on a new plan to manage tanker traffic through the strategic waterway on Iran’s southern coast. via Associated Press Iran has effectively sealed off the strait, allowing only its own and Chinese ships to...

Russia Launches Springtime Offensive On Ukraine, As "That Other War" Drags On Just days after we reported that trilateral peace negotiations between Russia, Ukraine, and the Trump administration had been suspended -  likely indefinitely - thanks to Washington's escalating involvement in the Iran war, Reuters is now confirming the inevitable: Moscow is pressing ahead with a fresh springtime offensive while Kiev scrambles to hold the line. As we reported before, from the collapse of talks in Geneva and Miami to Putin's envoy shuttling back for what turned out to be fruitless...