No credible entity is willing to pay for decarbonization. #Oil markets will not pay extra for decarbonized crude. No other jurisdiction imposes this condition on itself, and no Canadian government can afford to subsidize it. calgaryherald.com/opinion/colu...
The Norwegian Nobel Committee has decided to award the 2025 #NobelPeacePrize to Maria Corina Machado for her tireless work promoting democratic rights for the people of Venezuela and for her struggle to achieve a just and peaceful transition from dictatorship to democracy.
$SCR throws in the towel "On the back of a failed shareholder vote, the MEG Board's decision to waive Cenovus' standstill and allow it to vote shares acquired after the record date in favour of its own transaction is without precedent." www.prnewswire.com/news-release...
Under the terms of the Amended Agreement, each MEG shareholder will have the option to elect to receive, for each MEG common share, (i) $29.50 in cash; or (ii) 1.240 Cenovus common shares. www.globenewswire.com/news-release...
#Greenland 's Prime Minister Jens-Frederik Nielsen urged the European Union to invest in the island's mineral resources, renewable energy, airports, and internet services. www.independent.co.uk/bulletin/new...
The game continues... $CVE raised its offer for MEG to $8.6B, or about $29.80/share. MEG’s shareholder vote has been delayed to Oct. 22 to review the new proposal. $SCR could return with a counteroffer in the $31–$32 range, complicating the process. www.bnnbloomberg.ca/investing/in...
Actual supply increases are still short of the headline figures, many producers lack the capacity to boost #oil output further, while others are compelled to compensate for previous overproduction, confirming concerns about #OPEC+ diminishing spare capacity. oilprice.com/Energy/Crude...
There has been continued sabotage against telecoms infrastructure along roads of southeast Sweden. These are the roads, ports and railways necessary for moving troops to Gotland
Yesterday it was revealed that a fiber optic cable undergoing maintenance has been cut on several spots along highway E22
Rather than chase volume, $PEY guiding philosophy prioritizes profits over production. When market prices dipped below zero, the company opted to shut in some dry gas production — replacing hedged volumes with #natgas purchased at negative prices instead. boereport.com/2025/10/06/p...
For Russian steel producers 2025 will be an even worse year than previously expected with domestic and global demand falling and only the producers with the lowest costs being in a better position.
A.P. Moller-Maersk A/S, CMA CGM SA and Hapag-Lloyd AG — also said they will not be looking to use the shipping lane, which follows #Russia’s Arctic coast for more than 3,000 nautical miles, in line with a voluntary commitment they made in 2019. gcaptain.com/china-turns-...
A.P. Moller-Maersk A/S, CMA CGM SA and Hapag-Lloyd AG — also said they will not be looking to use the shipping lane, which follows #Russia’s Arctic coast for more than 3,000 nautical miles, in line with a voluntary commitment they made in 2019. gcaptain.com/china-turns-...
Updated map of the regions of Russia where there are shortages of gasoline or diesel and how early was it first reported. As always it's worse in the occupied territories. Added 5 new regions since last update and this includes St Petersburg.
Reuters and its anonymous sources are again stirring the oil market. This time, the wire says #OPEC+ is preparing another supply hike in November, with Saudi Arabia pushing for something big and Russia urging restraint. oilprice.com/Latest-Energ...
LNG Canada has begun the process of starting up its second 6.5 mtpa #LNG processing unit known as Train 2 in Kitimat, British Columbia. LNG Canada is the first major LNG export facility on the west coast of North America that provides direct access to Asia. boereport.com/2025/10/02/s...
Thursday’s detailed assessment from Drewry shows significant rate reductions across major trade lanes. Spot rates from Shanghai to Los Angeles decreased 5% to $2,196 per 40ft container, while Shanghai to New York rates fell 2% to $3,200. gcaptain.com/container-sh...
