Day: November 9, 2023

EU lawmakers ask bloc members not to seize Russian cars

Energy News Beat By impounding personal vehicles, national authorities discredit the “goal and instrument of sanctions,” the MEPs claim Confiscating personal vehicles registered in Russia in the name of sanctions compliance is overkill, the European Parliament is arguing. Several European nations have resorted to the practice since the European Commission issued a clarification in September […]

US ambassador laments ‘scary’ Biden poll numbers

Energy News Beat The diplomat is worried to see voters “strongly favor” Donald Trump, but advised not to underestimate the president’s chances of victory US Ambassador to Canada David Cohen has recently revealed that fresh polling in six key swing states paints a grim picture for incumbent President Joe Biden, who leads in only one […]

DAVID BLACKMON: Fear Factor Surrounding Oil Prices Has Vanished

Energy News Beat The price fear factor for crude oil rose following the Oct. 7 Hamas terrorist attacks on Israel, and crude prices continued to rise in subsequent weeks over fears the conflict could escalate region-wide. But in recent days, this fear premium in prices has all but disappeared from the market as such concerns […]

Russia’s oil and gas revenues hit 18-month high

Energy News Beat Soaring crude prices have boosted Moscow’s income from energy exports, according to Rossiyskaya Gazeta Russia’s proceeds from oil and gas sales surged to their highest level in one and a half years in October, Rossiyskaya Gazeta reported on Wednesday. The country’s revenues from energy exports reached 1.63 trillion rubles ($17.7 billion) last […]

TC Energy beats third-quarter profit estimates on high LNG demand

Energy News Beat Nasdaq Pipeline operator TC Energy TRP.TO on Wednesday beat third-quarter profit estimates, as it gained from transporting higher volumes of liquefied natural gas. Source: Reuters The company reported an adjusted profit of C$1.00 ($0.7262) per share for the quarter ended Sept. 30, compared with the average analyst estimate of C$0.97 per share, according to […]

Daily Energy Standup Episode #248 – Switzerland’s Nuclear Extension, Rep. Brecheen’s Climate Job Proposal, Biden’s LNG Prioritization, Texas Energy Fund Approval, and DOE Oil Refill Bids

Energy News Beat Daily Standup Top Stories Switzerland To Keep Nuclear Plants Operating For Longer Than Planned November 8, 2023 Allen Santos Switzerland’s nuclear power plant operators plan to keep the facilities operational for longer than initially planned, spokespeople for the large Swiss utilities Axpo Holding and Alpiq Holding told Bloomberg on Tuesday. Switzerland has four nuclear reactors, […]

ENB #148 Dan Gualitieri Talk about the “Shark Tank” opportunity to present to a board your oil and gas deal

Energy News Beat Do you have the desire to win? Can you evaluate an oil and gas deal? Do you want to get live feedback and the opportunity to win a huge industry trophy? Dan Gualtieri has a huge opportunity next week SPE A&D workshop is coming up on 11/15 at 4 pm Petroleum Club […]