Tesla has reduced prices for its Model Y cars in several European countries, following a similar move in China. In Germany, the Model Y rear-wheel drive now sells for €42,990, a 4.2% discount, and the Long Range model costs €49,990, an 8.1% reduction. France saw cuts of up to 6.7%, while in the Netherlands, the… Continue reading Tesla slashes car prices across Europe after similar cuts in China

Due to repeated attacks on Houthi rebels, shipping experts anticipate that the crisis may persist for months, potentially leading to a cargo container supply crunch. Honour Lane Shipping predicts an informal resolution period of at least six months to a year, with soaring freight rates and equipment shortages continuing until the third quarter. Shell has… Continue reading Fears of prolonged Red Sea shipping crisis fuel inflation fears, as oil, retail cargo delays rise

Several major tanker companies, including Hafnia, Torm, and Stena Bulk, have halted traffic toward the Red Sea following U.S. and British airstrikes on Iran-backed Houthi militants in Yemen. The Combined Maritime Forces, a U.S.-led multinational coalition, issued an advisory, prompting the tanker operators to suspend movements in the affected area. The Bab el-Mandeb Strait, connecting… Continue reading Tanker companies temporarily halt traffic toward Red Sea after U.S. airstrikes on Houthi militants

Pembina Pipeline Corp. has closed its previously announced offering of $1.8-billion aggregate principal amount of senior unsecured medium-term notes. The offering was conducted in three tranches consisting of: $600-million principal amount of senior unsecured medium-term notes, Series 20, having a fixed coupon of 5.02 per cent per annum, paid semi-annually, and maturing on Jan. 12,… Continue reading PEMBINA PIPELINE CORPORATION ANNOUNCES CLOSING OF $1.8 BILLION PUBLIC NOTE OFFERING

Oil prices surged following military strikes carried out by the United States and Britain against targets in Houthi-controlled areas of Yemen, escalating tensions in the Red Sea. West Texas Intermediate (WTI) and Brent futures saw a spike of over 4%, reaching their highest levels since December 27. U.S. crude oil reached $75.25 per barrel, and… Continue reading U.S. crude oil tops $75 after strikes against Iran-backed Houthis

Iran reportedly captured the oil tanker St. Nikolas in the Gulf of Oman, a vessel that was previously involved in a dispute between Washington and Tehran over carrying U.S.-sanctioned crude. According to Iranian state media, the tanker surrendered Iranian crude to U.S. authorities following allegations of sanctions violations, a move that Iran claims was a… Continue reading Iran seizes oil tanker involved in U.S. dispute off coast of Oman

Skyharbour Resources Ltd. (TSX-V:SYH)(OTCQX:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce plans for an upcoming drill program at its recently optioned 73,294 hectare Russell Lake Uranium Project strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan. Skyharbour is planning 5,000 metres of diamond drilling in ten to twelve holes over… Continue reading Skyharbour to Carry Out Winter Diamond Drilling Program Totalling Combined 8,000 Metres at its Russell Lake and Moore Uranium Projects, Saskatchewan

MCF Energy Ltd. has increased its economic interest participation in the upcoming Welchau-1 well in Austria to 25 per cent from 20 per cent. In early 2023, MCF Energy entered into an Energy Investment Agreement (EIA) with ADX Energy Ltd (ASX: ADX) to finance half of the expenses for the Welchau-1 exploration well, initially capped… Continue reading MCF ENERGY LTD. INCREASES ITS INTEREST IN UPCOMING WELCHAU-1 WELL FROM 20% TO 25%

Norway is on the verge of becoming one of the first nations to endorse the contentious practice of deep-sea mining, with lawmakers anticipated to greenlight the government’s proposal in a parliamentary vote. The move aims to open Norwegian waters for commercial-scale deep-sea mining, tapping into potato-sized nodules on the ocean’s seabed containing critical minerals like… Continue reading Norway poised to open vast ocean area to controversial deep-sea mining

Oil prices experienced a significant drop of over 4% on Monday, triggered by Saudi Arabia’s decision to cut its crude prices, reigniting concerns of oversupply in a market already grappling with weakening demand. The West Texas Intermediate (WTI) futures contract for February tumbled by $3.67, or 4.93%, settling at $70.17 per barrel, while the Brent… Continue reading Oil falls more than 4% as Saudi price cut heightens global demand worries

FuelPositive Corporation, a leading Green Ammonia Company (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) announces that it has joined the Canadian Hydrogen and Fuel Cell Association (CHFCA). “We are pleased to welcome Fuel Positive to the CHFCA as a start-up member. With deep knowledge of the green ammonia and agricultural space, FuelPositive’s initiatives will be a… Continue reading FuelPositive Joins the Canadian Hydrogen and Fuel Cell Association and Sets Completion Date for Non-Brokered Private Placement

Petrotal Corp. has issued common shares to employees pursuant to annually vested performance share unit plan (PSU). PSU Issue PetroTal has issued an aggregate of 6,959,115 Common Shares to employees pursuant to the annual obligation to issue vested performance share units under the Company’s performance and restricted share unit plan, as approved by the TSX… Continue reading PETROTAL ANNOUNCES PSU SHARE ISSUANCE AND TOTAL VOTING RIGHTS