How a Quebec Lithium Mine May Help Make Electric Cars Affordable
About 350 miles northwest of Montreal, amid a vast pine forest, is a deep mining pit with walls of mottled rock. The pit has changed hands repeatedly and been mired Continue Reading
U.S. Refiners May Soon Purchase More Canadian Crude
Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once the massive releases from the Continue Reading
Putin mobilises more troops for Ukraine, accuses West of ‘nuclear blackmail’
Russian President Vladimir Putin on Wednesday called up 300,000 reservists to fight in Ukraine and said Moscow would respond with the might of all its vast arsenal if the West Continue Reading
Russia’s partial mobilization increasing energy sanctions risks
Russia’s declaration of a partial mobilization and plans for occupied areas of Ukraine to hold referenda on joining Russia have raised the risk that Western countries will introduce harsher sanctions. Continue Reading
Russian Oil Flows Dive, Hurting Putin’s War Chest
Russia’s seaborne crude flows have plunged so far in September; lower export duty rates in October will be another hit to revenue Russia to Flood Asia With Fuels Russia’s seaborne Continue Reading
Germany nears nationalisation of gas giant Uniper
Germany is nearing a nationalization of gas importer Uniper (UN01.DE) in the wake of an energy crisis that has left the government of Europe’s top economy with few other options Continue Reading
U.S. senators want secondary sanctions on Russian oil
Democratic and Republican senators urged U.S. President Joe Biden’s administration on Tuesday to impose secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Continue Reading
U.S. Shores Up Ukraine Aid as Energy Crisis in Europe Looms
In promising Ukraine billions of dollars in long-term military aid, the Biden administration is seeking to prove that U.S. support in the war can outlast Russia’s determination. Rallying American lawmakers Continue Reading
France Prepares To Nationalize Its Struggling Nuclear Industry
The French government already owns 84% of Électricité de France, but it is now planning to fully nationalize the company just as the company warns of a huge 29 billion Continue Reading
EU Willing To Pay Up For Russian Diesel Ahead Of Ban
The EU may have a plan to ban all Russian diesel purchases in February, but in the meantime, European buyers are happy to pay more for Russian diesel now than Continue Reading