Welcome to Ottawa, ambassador of #Syria!

Useful dashboard for the Strait crisis. #oil

ADNOC has announced the intention to double the capacity of the new West–East Pipeline project. This will bring UAE oil to the port of Fujairah in the Gulf of Oman, bypassing Strait of Hormuz.

After Canada's lost decade of virtue-signalling, it is time to recognize met coal as a vital resource and adopt a pragmatic approach in the national interest. macdonaldlaurier.ca/canadian-coa...

#LNG Canada began operations in Kitimat, B.C. in June 2025. It has a capacity of 14 million metric tons per year when fully ramped up, and its proposed expansion would double that. boereport.com/2026/05/14/l...

Russian missiles in deadly strike were built with western parts, says Ukraine ft.trib.al/6GfqudQ

Another friendly nation picks up on Ukrainian drone warfare solutions. www.twz.com/air/drone-hu...

Canada and the energy-producing province of Alberta will meet on Friday and advance a potential pipeline to transport at least one million barrels of Alberta #oil a day to new markets, Prime Minister Mark Carney said on Thursday. boereport.com/2026/05/14/c...

National strategy to enable Canada to meet two initial challenges: Building new infrastructure to double Canada’s electricity supply by 2050 and accelerating electrification across the economy to support competitiveness and address climate change. natural-resources.canada.ca/energy-sourc...

Stonepeak, which already is heavily involved in logistics through, among other assets, its ownership of chassis provider Trac Intermodal, said Monday it was acquiring the unit, along with BMO’s vendor finance business. www.freightwaves.com/news/bmos-tr...

The highly autonomous AI drones shrug off russian jamming as they hunt russian supply trucks. euromaidanpress.com/2026/05/12/h...

Technology behind the FLP-T 150 guided projectiles is derived from ballistic missiles. The system is also capable of high-precision targeting even under active jamming and electronic warfare conditions, which is crucial on the modern battlefield. en.defence-ua.com/news/himars_...

Transaction establishes Cando as North America’s market leader in first and last mile rail operating services and terminal infrastructure, with a significantly expanded footprint across the United States and Canada. www.bnnbloomberg.ca/press-releas...

No one else has quite the capacity to piss me off first thing in the morning like this 🇬🇧 inept and impotent government. Talk about being useless AND lying about it. www.bbc.co.uk/news/article...

PHOTO OF THE DAY. Louis Armstrong performing for his wife at the Great Sphinx of Giza (1961). 📷 Bettmann/Corbis

Attacks on oil facilities are forcing Russia to disperse air defenses and absorb growing economic costs. oilprice.com/Energy/Energ...

PT Freeport Indonesia has confirmed the delayed restart of full production at the Grasberg mine, as it continues to recover from a deadly accident last year that crippled the global #copper supply chain. www.mining.com/freeport-del...

After 12 years of absence during the Orban rule, the Hungarian parliament raised the EU flag again. It is the latest sign that you should never surrender to populism or any other form of radicalism, even when the odds are against you. This is a decisive European victory.

Meanwhile in Russian Media… “At a press conference following Victory Day, Russian President Vladimir Putin declared that the conflict in Ukraine was nearing an end.” Day 1537 of Russia’s 3 Day War www.gazeta.ru/politics/202...

The products we love to hate.

#$SOBO is weighing whether there is shipper interest in a project called Prairie Connector that would add to its U.S.-bound network, using existing pipe from the defunct Keystone XL expansion project from years ago. boereport.com/2026/05/07/s...

Pipeline constraints have repeatedly forced Canadian producers to accept lower prices or slow growth. Even with the Trans Mountain expansion in service and incremental capacity coming through Enbridge’s Mainline, the system is still tight. oilprice.com/Latest-Energ...

This is a pattern.

#$CVE posted a rise in first-quarter profit on Wednesday, helped by higher benchmark crude oil pricesand as the acquisition of MEG Energy boosted its upstream production to record levels. boereport.com/2026/05/06/c...

In practical terms, the system splits long polymer chains back into their original chemical building blocks, such as terephthalic acid and monoethylene glycol, within minutes. #plastics oilprice.com/Energy/Energ...

Suncor Energy Inc. is sending high-demand products like jet fuel and diesel from its Canadian refineries to a variety of far-flung global destinations as strife in the Middle East continues to squeeze supplies. boereport.com/2026/05/06/s...

Giant squid found in Western Australian waters in eDNA study https://www.europesays.com/uk/941594/ Growing longer than a school bus, weighing up to 275 kilograms, and featuring eyes the size of a…

Some hard talk from Jon McKenzie, the CEO of #$CVE. If Carney is actually interested in developing Canada's potential as an energy superpower, the policies of Canada's lost decade need to be changed and fast. Virtue-signalling and vague promises will not suffice.

Putin may not be long for this world.

The Oil Sands Alliance, which represents five of the country’s largest oilsands producers — including #$SU, #$CNRL and #$CVE — pointed out no other major exporters of heavy oil face such an industrial carbon tax, stressing it will limit the sector’s ability to expand and attract investment.

JPM says there will be "operational stress" on oil inventories in mid-June.

Oil companies have committed at least 400,000 barrels per day to the project, or about 72% of its initial 550,000 bpd capacity. #$SOBO and Bridger Pipeline are targeting roughly 450,000 bpd in long-term contracts. oilprice.com/Latest-Energ...

‼️ Russia: “Kazakhstan plans to stop importing electricity from Russia starting in 2027 due to the development of its own capacity, said Deputy Energy Minister Sungat Yesimkhanov.” 🇰🇿: 😎 ru.themoscowtimes.com/2026/05/05/k...

More good insights from June Goh on the dark side.

The capital-intensive nature of the industry requires predictable, durable and competitive regulatory and fiscal frameworks that attract investment. Canada and Alberta must urgently reform their regulatory and fiscal frameworks. oilsandsalliance.ca/news/the-tim...

Oil executives argue that the carbon tax makes them uncompetitive, and some suggest that Canada would be better off emulating the US, which offers subsidies for carbon emissions cuts instead of a tax. www.bloomberg.com/news/article...

Following talks with Zelensky, Slovakian P M Robert Fico cancelled plans to attend Russia's May 9 Victory Parade. Zelensky warned that Ukrainian drones could pose risks in Moscow on May 9, stating that he could not guarantee the safety of foreign leaders attending the event.

Get ready for "demand destruction." #Oil note from Natasha Kaneva at JPM>

Iran’s inability to export crude is rapidly filling storage, leaving only days before production may need to halt. Shutting wells risks long-term damage, as restoring reservoir pressure could take months or even years. oilprice.com/Energy/Energ...

Buckle up, folks. U.S. Gulf Coast crude oil exports have reached record highs, although this has been in large part supported by releases from the Strategic Petroleum Reserve. oilprice.com/Latest-Energ...

Quotas, we don't need no stinkin' quotas. UAE to leave OPEC. www.nytimes.com/2026/04/28/w...

Merz said Iran had proven “clearly stronger than one thought,” while warning the US was being “humiliated” by Tehran’s leadership and could face the kind of prolonged entanglement that defined Iraq and Afghanistan. oilprice.com/Latest-Energ...

The $32.80 per share purchase price – payable 75 per cent in ordinary shares of Shell and 25 per cent in cash – represents a 27 per cent premium to #$ARC’s April 24, 2026, closing price. boereport.com/2026/04/27/a...

russian imperialists are consistent in betraying allies.

russians are russians, after all. 😂

Canada's Agnico Eagle establishes #Finland as a multi-asset, multi-decade regional platform within Agnico Eagle's portfolio, with a pathway to become an approximately 500,000-ounce annual gold production hub within the next decade. www.agnicoeagle.com/English/news...

Good news from Down Under.

Friday cleanse. Godzilla lives!

Running on empty. Crude #oil imports to East Asia from the Gulf are now only from Iran. All the crude on water has been unloaded.

White House extended its Jones Act waiver by 90 days, keeping foreign-flagged tankers eligible to move crude, fuels and fertilizer between U.S. ports through mid-August. oilprice.com/Latest-Energ...