Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that it completed the previously announced redemption of its outstanding $150 million aggregate principal amount of senior unsecured medium-term notes, series 19 (the “Series 19 Notes”) due June 22, 2026 for cash on November 17, 2024 (the “Redemption Date”). The Series 19… Continue reading Pembina Pipeline Corporation Announces Completion of Redemption of Series 19 Medium Term Notes

Shares of Liberty Energy rose on Monday after President-elect Donald Trump selected Chris Wright, the company’s CEO, to serve as the next energy secretary. Liberty Energy, a prominent oilfield services company based in Denver, Colorado, has a market capitalization of $2.7 billion. Following the announcement, the company’s stock saw a significant increase, rising by more… Continue reading Liberty Energy stock jumps after Trump picks CEO Chris Wright as energy secretary

With potential applications of PyroDelta’s thermoelectric generator growing, First Tellurium lays the groundwork for a range of new opportunities going forward. Vancouver, BC, Canada, November 14, 2024 – TheNewswire – First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) reports the Company has submitted its final payment to Michael Abdelmaseh to acquire a 75% interest in First… Continue reading First Tellurium Completes Acquisition of 75% Interest in PyroDelta Energy

Saudi Arabia’s ambitious Neom megaproject, a multi-trillion dollar development aimed at transforming a vast desert region into futuristic cities, has recently seen a major leadership change. Aiman Al-Mudaifer has been appointed as acting CEO following the sudden departure of Nadhmi Al-Nasr, who had led Neom since 2018. The reason for Al-Nasr’s exit was not disclosed,… Continue reading Saudi Arabia’s Neom replaces its CEO amid reports of delays and cutbacks

The Globe and Mail reports in its Wednesday, Nov. 13, edition that OPEC reduced its global oil-demand growth forecast for this year and next, citing weaknesses in China, India and other regions. A Reuters dispatch to The Globe reports that this marks the fourth consecutive downward revision in the 2024 outlook. The weaker outlook highlights… Continue reading Globe/wire say MEG, rivals see OPEC trim growth outlook

The Globe and Mail reports in its Friday, Nov. 8, edition that Donald Trump aims to disrupt everything with big tariffs and climate skepticism, but at his core, he is a transactional negotiator who enjoys bargaining and winning. A Globe editorial says that as Canada defends its economic interests in the challenging times ahead, we… Continue reading Globe says MEG, rivals hear Trump is a disruptor

Vitol, the world’s largest independent energy trader, is setting its sights on the metals market as it anticipates global petroleum demand peaking within the next decade. Russell Hardy, Vitol’s CEO, expressed this outlook during the Financial Times Commodities Summit in Singapore, highlighting the company’s long-term strategy to diversify its portfolio as the oil industry faces… Continue reading Top trader Vitol eyeing metals market as global oil demand set to peak in 10 years, CEO signals

BP reported its weakest quarterly earnings in nearly four years, attributing the decline to falling crude prices and lower refining margins. For the third quarter of 2024, the British oil major posted an underlying replacement cost profit of $2.3 billion, surpassing analyst expectations of $2.1 billion, but marking a significant drop from the $3.3 billion… Continue reading BP shares fall to lowest since 2022 after sharp drop in the oil major’s third-quarter profit

Nuclear power is poised for a resurgence in the United States, largely driven by the energy demands of major tech companies such as Microsoft, Amazon, and Google, as they expand their operations to support the burgeoning field of artificial intelligence (AI). These companies require substantial amounts of energy to power their data centers, leading to… Continue reading Big Tech is driving a nuclear power revival, energy guru Dan Yergin says

NextEra Energy is actively exploring the possibility of restarting the Duane Arnold nuclear plant in Iowa, driven by strong demand from data center customers, as indicated by CEO John Ketchum during the company’s third-quarter earnings call. Ketchum emphasized that the company is currently conducting engineering assessments and collaborating with the Nuclear Regulatory Commission and local… Continue reading NextEra sees strong data center interest in restarting Iowa nuclear plant, CEO says

Millions in Cuba continued to experience power outages for a third consecutive day, as the nation struggled to restore electricity following several significant grid failures. Energy and Mines Minister Vicente de la O Levi announced that power is expected to be fully restored by Tuesday, although this statement came before the ministry reported yet another… Continue reading Millions in Cuba remain without power as Hurricane Oscar makes landfall

U.S. crude oil futures saw a rebound of over 1% on Monday, recovering some of the losses experienced during the previous week, when prices fell more than 8%. The decline was primarily driven by market sentiment that tensions between Israel and Iran would not significantly disrupt oil supplies in the Middle East. On Monday, the… Continue reading U.S. crude oil rebounds more than 1% after selling off last week