Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.
Read More »Oil Supply to Swamp Demand. Squeeze OPEC in 2020
Global oil supplies will increase far more than demand next year with the start of a host of new projects. putting further pressure on the OPEC cartel.
Read More »Tankers Attack A UAE Plot against Iran
A prominent Saudi expert said that the Emirati intelligence agency targets oil tankers in the Persian Gulf and the Sea of Oman in a move to inflame war against Iran.
Read More »Oil Demand Signals are Flashing Red as Price Dives Toward $50
Oil demand is shriveling as the trade war between the U.S. and China trips up the global economy.
Read More »U.S. Blames Iran for Oil Tanker Attacks as Gulf Tensions Climb
The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf. escalating tensions between the two rivals despite denials from officials in Tehran that they were behind the incidents.
Read More »China’s Father of Electric Cars Says Hydrogen Is the Future
His vision to make China an electric-vehicle powerhouse revolutionized the global auto industry. cementing a move away from the combustion engine.
Read More »Port Authority Investigating Mysterious Chemical Cloud Release From Transocean Rig
The Cromarty Firth Port Authority confirmed last night that it is investigating a report of a mysterious ``chemical cloud`` release from the BP-contracted rig that was occupied by Greenpeace activists.
Read More »All Crew of Damaged Oil Tankers in Sea of Oman Rescued by Iran
All crew members of the two oil tankers which were hit in the Sea of Oman were saved by Iranian rescue teams.
Read More »Jerry Jones Likens Natural Gas Deal to Dallas Cowboys Buy
Dallas Cowboys owner Jerry Jones is expanding his natural gas empire at what looks like the worst possible time. Intentionally.
Read More »Iran Eyes 15 mt y Petchem Output in PEIISEZ
Implementation of the projects would create a new movement in the southern province of Hormuzgan.
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