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12.12.25 - 21:01
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Global Oil Demand to Keep Rising for Another 15 Years, Chinese Report Says (Caixin)
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A research unit under China National Petroleum Corp. (CNPC) has significantly pushed back its forecast for peak global oil demand by a decade to 2040, citing stronger-than-expected consumption and a rising focus on energy security.
According to its newly released "World and China Energy Outlook 2060," the CNPC Economics and Technology Research Institute (ETRI) now expects oil demand to reach a high of 4.8 billion tons in 2040 — a 5.2% increase over last year's forecast and ten years later than previously projected.
Forecasts for global natural gas demand were similarly pushed back by five to eight years, with peak consumption expected between 2040 and 2045. The revised volume estimate rose 11% to roughly 5 trillion cubic meters.
“The future of energy development has seen major changes,” said Wu Mouyuan, the institute's deputy director. Wu cited shifting geopolitics and accelerating innovation, saying such trends have raised energy market volatility and compelled nations to place a greate...
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11.12.25 - 13:12
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Silent Dissenters as Fed Cuts, US Seizes Sanctioned Oil Tanker off Venezuela | The Pulse 12/11/2025 (Bloomberg)
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The US Federal Reserve cut rates by a quarter percentage point for the third consecutive time. The vote was split 9-3 and details from the meeting show growing division among policymakers. The Fed maintained its outlook for just one cut in 2026, but the wording of its statement was subtly altered to suggest greater uncertainty around the timing.
The US military seized an oil tanker off the coast of Venezuela, in a serious escalation of tensions. The tanker was sanctioned by the US in 2022, for supporting Iranian oil exports. Venezuela's leaders described it as "blatant theft" and an "act of piracy."
Today's guests: Derek Halpenny, MUFG, Global Markets Head of Research; Noubar Afeyan, Flagship Pioneering Founder & CEO and Moderna Co-Founder; Jimmy Wales, Wikipedia Co-Founder; Jim O'Neill, UK House of Lords Members and former Goldman Sachs Asset Management Chairman (Source: Bloomberg)...
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11.12.25 - 04:30
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Ex-Deputy GM of CNOOC Group Indicted for Bribery (AAStocks)
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According to the announcement by the Supreme People's Procuratorate, Yuan Guangyu, former party member and deputy general manager of CNOOC Group, has been indicted for bribery. The investigation was concluded by the National Supervisory Commission and transferred to the procuratorial authorities for review and prosecution.As......
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10.12.25 - 17:30
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Borr Drilling Announces Settlement of Offering of Common Shares (PR Newswire)
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HAMILTON, Bermuda, Dec. 10, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") announced today the settlement of its previously announced public offering of 21 million common shares at a price of $4.00 per share for total gross proceeds of $84 million (the "Equity......
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09.12.25 - 20:06
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Borr Drilling Limited – Announces Pricing of Additional Senior Secured Notes Offering (Cision)
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Hamilton, Bermuda, December 9, 2025 – Borr Drilling Limited (NYSE: BORR) (the “Company”) announced today that its wholly owned subsidiary Borr IHC Limited and certain other subsidiaries have priced an offering of additional 10.375% senior secured notes due 2030 (the “Additional Notes”) for gross proceeds of approximately $165 million.
The Additional Notes will have the same terms and conditions as the existing senior secured notes due 2030.
The Company plans to use the proceeds from the Additional Notes offering, together with the proceeds from its previously announced equity offering,...
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