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The Case For Britain Backing Its North Sea Oil & Gas Industry
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...
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May 5, 2026 / Tyler Durden
USAF Stratotanker Squawks 7700 Emergency Near Doha
USAF Stratotanker Squawks 7700 Emergency Near Doha
The fight for control of the Strait of Hormuz flared up Monday and into the overnight hours, with IRGC forces reportedly striking multiple commercial vessels and a UAE oil refinery.
The one positive development: with U.S. forces on heightened alert, two U.S.-flagged merchant ships successfully transited the maritime chokepoint as Project Freedom began, marking the first visible move by the U.S. Navy to unfreeze the world's most critical energy corridor.
U.S. Central Command, or CENTCOM, said its aerial assets in the Hormuz area...
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Apr 13, 2026 / Tyler Durden
Key Events This Week: PPI, Industrial Production, Q1 Earnings, Iran War
Key Events This Week: PPI, Industrial Production, Q1 Earnings, Iran War
When it comes to the week ahead, clearly the Iran conflict will be the main focus, but there are a few other things to look out on the calendar.
First, the Q1 earnings season will start to kick off, with this week’s releases including several US financials. DB's equity strategists have a full preview, and they argue that the bottom up-analyst consensus for S&P 500 earnings growth accelerating into the mid-teens (16%) is justified by a favorable macro environment (full...
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Aug 29, 2026 / Tyler Durden
'Chexit': Global Asset Managers Are Fleeing China
'Chexit': Global Asset Managers Are Fleeing China
Authored by Anders Corr via The Epoch Times,
Fidelity International (FIL) is reportedly the latest fund manager to plan a pullout from its China fund. FIL launched a wholly-owned subsidiary in Shanghai three years ago, but a lack of demand from retail investors led to disappointing growth.
Reuters first reported the story. According to its sources, "A combination of fierce local competition, frequent leadership turnover and chronic struggles to build scale ultimately convinced global FIL executives that the China retail venture was untenable."
FIL has $1.18...
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