Gasoline pricing and the role of Trans Mountain pipeline in British Columbia’s gasoline supply.
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Japan, the world’s largest liquefied natural gas (LNG) exporter, has come a long way in just a few years in formulating an LNG markets playbook. The country has pivoted from being at the mercy of cost-intensive and restrictive long term LNG supply deals, mostly from Qatar, that even prevented the country from reselling the super-cooled fuel to now being both a secondary seller of the fuel as well as getting ready to build out LNG infrastructure in the Asia-Pacific region, which represents around two-thirds of global LNG demand, with that demand projected to increase going forward….CLICK for complete article
A tiny South American country until recently known mostly as the location of one of the worst mass suicides in modern history is about to acquire a whole new reputation, and this reputation has to do with its oil wealth.
Guyana, sandwiched between Venezuela and Suriname, has in just a couple of years turned from an empty spot on the international oil map into one of the new hot spots thanks to a series of discoveries offshore, made by Exxon and Hess Corp….CLICK for complete article
Tesla may soon announce a capital raise after Elon Musk suggested “There is some merit to raising capital,” adding “It’s probably about the right time,” as quoted by Reuters. The comments by Tesla’s CEO followed the release of the company’s first-quarter results yesterday.
The EV maker reported a net loss of US$702 million as well as a US$1.5-billion decline in cash and cash equivalents, to US$2.2 billion. What’s more, Model 3 production only inched up by…Click here for full article.
Oil prices shot up to new highs for the year on this week after the U.S. announced that it would let waivers on Iran sanctions fully expire. In early trading on Tuesday, WTI topped $66 per barrel and Brent moved above $74.
Oil surges on U.S. decision on Iran sanctions. Trump surprised the oil market on Monday, announcing that he would let U.S. sanctions waivers expire…Click here for full article.
Sila Nanotechnologies and its battery materials manufacturing technology are now worth more than $1 billion.
The company, which announced a $170 million funding led by Daimler and a partnership with the famed German automaker, started building out its first production lines for its battery materials last year. That first line is capable of producing the material to supply the equivalent of 50 megawatts of lithium-ion batteries, according to Sila Nano’s chief executive officer Gene Berdichevsky.
That construction, made on the heels of a $70 million…Click here for full article.