Day: November 19, 2023
Russia, Iran Oil Sanction Talk Returns Amid Weaker Prices
Earlier this week, the Financial Times reported Denmark was considering the start of inspections and potential blocks of Russian oil tankers carrying crude across its waters in the EU’s latest attempt to enforce a price cap on oil exports from Russia. …
Is Elon Musk’s Starlink Gearing Up for a Public Listing?
Starlink, the satellite internet technology made possible by Elon Musk’s SpaceX company, is preparing for an initial public offering as soon as the second half of 2024, according to Bloomberg, citing sources familiar with the situation. SpaceX has bee…
Strike Two for Guilbeault – Federal Court Overturns Plastics Ban
Toronto, November 17, 2023: In a welcome decision by the Federal Court, the plastics ban first implemented in 2022 by Environment Minister Steven Guilbeault has been struck down by the Federal Court. Catherine Swift, President of the Coalition of Conce…
Potential Tariffs on Chinese EV Imports Stir Global Trade Concerns
Via Metal Miner The Renewables MMI (Monthly Metals Index) remains volatile, especially when it comes to EV battery technology. Starting in August, the index experienced sharp up-and-down movements from month to month. Indeed, between October 1 and Nove…
National Grid Launches Massive $52 Billion Infrastructure Overhaul
National Grid has announced a wide range of policies and investments aimed at upgrading the U.K. and U.S. grid systems and tackling the backlog of energy projects waiting to be connected. While this is optimistic for the energy infrastructure of the tw…
What’s the Corporate Traveller Difference? – Learn More About How We Work With the Oil and Gas Industry
We’re a travel management company (TMC) that has been serving thousands of Canadian clients for over 20+ years. Service is big around here and our dedicated travel experts are on hand, anytime, anywhere. Whether you’re in the office or out on the road,…
The Oil Market Isn’t Buying The Bullish Demand Forecasts
This week, both OPEC and the International Energy Agency (IEA) revised their oil demand forecasts higher, citing record Chinese consumption and resilient economies. Oil market participants, however, focused on rising U.S. crude oil inventories, recor…