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Home2024January

Month: January 2024

International News

Trans Mountain Pipeline faces two-year delay without route change

January 13, 2024 Stu Turley

Oil Price The Canada Energy Regulator is hearing arguments on Friday from Trans Mountain Corporation on why it should allow a change in the route and diameter of a small section of the pipeline. The company has […]

Finance

Citigroup announces mass layoffs

January 13, 2024 Stu Turley

The US banking giant Citigroup has announced plans to cut up to 20,000 jobs after reporting a steep quarterly loss of $1.8 billion for the last three months of 2023 – its worst in 15 […]

BRICS

Russia boosting trade with fellow BRICS nation

January 13, 2024 Stu Turley

Turnover with Brazil nearly doubled in December as the South American country ramped up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow […]

Finance

Prairie Operating announces acquisition of producing E&P assets

January 13, 2024 Stu Turley

Oil and Gas 360 HOUSTON, Jan. 11, 2024 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP; the “Company” or “Prairie”) today announced it has entered into a definitive agreement to acquire the assets of Nickel […]

Crude Oil News

Oil rises 3% as some tankers avoid Red Sea after strikes

January 13, 2024 Stu Turley

Investing LONDON – Oil prices climbed about 3% on Friday, as some  tankers diverted course from the Red Sea following overnight air and sea strikes by the United States and Britain on Houthi targets in […]

Finance

Real wages grew in only three G20 countries – UN

January 13, 2024 Stu Turley

Workers in China, Russia, and Mexico saw their inflation-adjusted earnings rise in 2023, a new report reveals Only three countries in the G20 saw real wages grow last year, a new report by a UN […]

International News

Russia urges Indian investors to ‘capitalize on momentum’

January 13, 2024 Stu Turley

The ambassador to New Delhi calls on businesses to explore further opportunities in Russia Russia-India trade reached a record $50 billion in 2023, but the two countries should aim for a more even balance in […]

Commodities

Suez Canal tolls rise by 300% – Sky News

January 13, 2024 Stu Turley

Houthi attacks from Yemen on commercial vessels in the Red Sea and Gulf have generated major disruption across key shipping artery The cost of transporting cargo through the Red Sea and the Suez Canal, a […]

Houthi
Geopolitical

They have defied the US, Israel, and Saudi Arabia, and promise ‘revenge.’ Who are the Houthis of Yemen?

January 13, 2024 Stu Turley

In their 20 years of existence the Houthis have grown accustomed to ongoing struggles for their Shia faith and their country “To my great regret, Yemenis cannot cope with the situation on their own. But […]

BRICS

Daily Energy Standup Episode #285 – Weekly Recap: Unveiling Myths, Merger Moves, and Global Dynamics

January 13, 2024 Andy Del Prado

Daily Standup Weekly Top Stories A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk January 7, 2024 Stu Turley (Bloomberg) — A natural gas terminal that’s been […]

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