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Home2024February

Month: February 2024

Red Sea
Geopolitical

Urgent towage of stricken Lebanese vessel in Red Sea remains up in the air

February 27, 2024 Mariel Alumit

Planet Labs PBC / US Central Command The risks of an ecological disaster in the Red Sea are growing as negotiations get underway to safely remove the ship that has taken the biggest hit so […]

Crude Oil News

Grey fleet set to become darker: BRS

February 27, 2024 Mariel Alumit

EuropeTankers Ministry of Transportation Republic of Indonesia Luxembourg-headquartered broker BRS has warned the grey fleet is likely to become darker as more focused sanctions squeeze Russia’s export options. The grey tanker fleet – ships hauling Venezuelan, […]

SRG Mining
Rare Earth Minerals

SRG Mining’s move to UAE would avoid national security review on Chinese investment in Canada

February 27, 2024 Stu Turley

  SRG Mining (TSXV:SRG) said on Monday it is redomiciling to the Abu Dhabi Global Market in the United Arab Emirates (UAE). The redomiciliation, SRG said, will provide the company with expanded “strategic optionality” as […]

Big Oil Companies

Daily Energy Standup Episode #317 – Granholm’s Clean Energy Agenda, First Solar’s Impact, and Saudi Arabia’s Oil Woes

February 27, 2024 Andy Del Prado

Daily Standup Top Stories Energy Secy. Granholm explains the clean energy ‘battle’ – Really? February 26, 2024 Stu Turley The Biden administration has made some big investments into infrastructure and clean energy initiatives within the US. […]

Fury Gold Mines
Rare Earth Minerals

Fury Gold Mines buys Newmont’s 50% stake in Éléonore South project in Quebec

February 26, 2024 Stu Turley

  Fury Gold Mines (TSX, NYSE: FURY) announced Monday that the company and affiliates of Newmont (NYSE: NEM, TSE: NGT) have entered into an agreement for Fury to purchase Newmont’s 49.978% interest in the Éléonore […]

Reunion Gold
Rare Earth Minerals

Reunion Gold adds underground resource to Oko West, PEA expected in Q2

February 26, 2024 Stu Turley

  South America-focused Reunion Gold (TSXV: RGD) has tabled an updated mineral resource estimate for its Oko West project in Guyana, showing a substantial increase in both grades and contained gold since the first resource […]

Climate Crisis

Energy Realities #100 – Net Zero Challenges

February 26, 2024 Erick Parel

Energy Realities #100 – Net Zero Challenges Highlights of the Podcast: 00:55 – What’s happening with the farmer protests 03:37 – The insider trading information 09:42 – The possible candidates for NATO 11:29 – The […]

Ukraine and Denmark
Press

Ukraine and Denmark sign 10-year security agreement

February 26, 2024 Stu Turley

  Denmark’s Prime Minister Mette Frederiksen and Ukraine’s President Volodymyr Zelenskyy on Friday (23 February) signed a bilateral security agreement – the first such pact to be made between Kyiv and a Nordic country. The […]

Prices
Finance

Prices of New Houses v. Prices of Existing Houses: Why Sales of New Houses Hang in there as Sales of Existing Houses Plunge

February 26, 2024 Stu Turley

Price Cuts and mortgage-rate buydowns, though costly for homebuilders, make new houses more attractive. By Wolf Richter for WOLF STREET. The median price of new single-family houses that were sold in January ticked up from December, but was down […]

Patriot Battery Metals
Rare Earth Minerals

Patriot Battery Metals aims to fast-track Corvette lithium production

February 26, 2024 Stu Turley

  Patriot Battery Metals (TSX: PMET; ASX: PMT) has leveraged its management’s experience in Australia — the world’s largest lithium producer — to make lightning-fast progress at its Corvette project in Quebec. From discovery in […]

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