U.S. Oil and Gas M&A Slows Significantly

Politics, Geopolitics, & Conflict - Malaysia on Thursday said its state-run oil company, Petronas, would continue to explore for oil and gas in its South China Sea EEZ, against China’s wishes. Malaysia’s EEZ overlaps with territory China claims is its own. Tensions have escalated recently, and the Malaysian PM is also under a significant amount of public pressure to take a tougher stance with Beijing. China, by way of protest at Petronas’ oil exploration, has been circling near Malaysian oil and gas projects with Coast Guard…