Whoops! Canadian press continues its adulation, though. www.dailymail.co.uk/news/article...

No credible entity is willing to pay for decarbonization. #Oil markets will not pay extra for decarbonized crude. No other jurisdiction imposes this condition on itself, and no Canadian government can afford to subsidize it. calgaryherald.com/opinion/colu...

The Norwegian Nobel Committee has decided to award the 2025 #NobelPeacePrize to Maria Corina Machado for her tireless work promoting democratic rights for the people of Venezuela and for her struggle to achieve a just and peaceful transition from dictatorship to democracy.

$SCR throws in the towel "On the back of a failed shareholder vote, the MEG Board's decision to waive Cenovus' standstill and allow it to vote shares acquired after the record date in favour of its own transaction is without precedent." www.prnewswire.com/news-release...

$TOU $TPZ Tourmaline will use the proceeds to build out the Montney.

#Greenland 's Prime Minister Jens-Frederik Nielsen urged the European Union to invest in the island's mineral resources, renewable energy, airports, and internet services. www.independent.co.uk/bulletin/new...

Slow startup for #LNG Canada, but things are looking up.

The game continues... $CVE raised its offer for MEG to $8.6B, or about $29.80/share. MEG’s shareholder vote has been delayed to Oct. 22 to review the new proposal. $SCR could return with a counteroffer in the $31–$32 range, complicating the process. www.bnnbloomberg.ca/investing/in...

What oil refineries doing?

Actual supply increases are still short of the headline figures, many producers lack the capacity to boost #oil output further, while others are compelled to compensate for previous overproduction, confirming concerns about #OPEC+ diminishing spare capacity. oilprice.com/Energy/Crude...

There has been continued sabotage against telecoms infrastructure along roads of southeast Sweden. These are the roads, ports and railways necessary for moving troops to Gotland Yesterday it was revealed that a fiber optic cable undergoing maintenance has been cut on several spots along highway E22

Rather than chase volume, $PEY guiding philosophy prioritizes profits over production. When market prices dipped below zero, the company opted to shut in some dry gas production — replacing hedged volumes with #natgas purchased at negative prices instead. boereport.com/2025/10/06/p...

And then it got worse.

A.P. Moller-Maersk A/S, CMA CGM SA and Hapag-Lloyd AG — also said they will not be looking to use the shipping lane, which follows #Russia’s Arctic coast for more than 3,000 nautical miles, in line with a voluntary commitment they made in 2019. gcaptain.com/china-turns-...

A.P. Moller-Maersk A/S, CMA CGM SA and Hapag-Lloyd AG — also said they will not be looking to use the shipping lane, which follows #Russia’s Arctic coast for more than 3,000 nautical miles, in line with a voluntary commitment they made in 2019. gcaptain.com/china-turns-...

#russianimperialism threatens aviation safety in Europe. transport.ec.europa.eu/news-events/...

Your Friday russian.

And then it got worse.

Reuters and its anonymous sources are again stirring the oil market. This time, the wire says #OPEC+ is preparing another supply hike in November, with Saudi Arabia pushing for something big and Russia urging restraint. oilprice.com/Latest-Energ...

LNG Canada has begun the process of starting up its second 6.5 mtpa #LNG processing unit known as Train 2 in Kitimat, British Columbia. LNG Canada is the first major LNG export facility on the west coast of North America that provides direct access to Asia. boereport.com/2025/10/02/s...

Thursday’s detailed assessment from Drewry shows significant rate reductions across major trade lanes. Spot rates from Shanghai to Los Angeles decreased 5% to $2,196 per 40ft container, while Shanghai to New York rates fell 2% to $3,200. gcaptain.com/container-sh...

October is a critical month for barge transportation in the Mississippi River Basin. This is especially the case in the agricultural sector as the crops are harvested in the Midwest and transported mainly by barge to New Orleans. gcaptain.com/mississippi-...

The new #Finland B+ type promises enhanced efficiency, lower emissions, and greater icebreaking power compared to existing medium-class models. It will be significantly cheaper to operate than the largest A-class icebreakers. gcaptain.com/finlands-ake...

The FSB boss remained silent when asked by the Barents Observer about recent #russianimperialist violations of Norwegian air space. www.thebarentsobserver.com/security/big...

China’s fleet of four ice-class ships returned to Shanghai from the Arctic on September 27, marking the end to weeks of illegal interference in regional security disguised as scientific investigation and contribution. #arctic topoftheworldnews.substack.com/p/ignore-wha...

San Bruno Sergeant Scott Smithmatungol explains that officers can only ticket a human driver or operator for moving violations, unlike parking tickets that can be left with the vehicle. www.traffictechnologytoday.com/news/autonom...

$CVE will shut several units at its 160,000-bpd refinery in Toledo, Ohio next week for a month of planned maintenance. boereport.com/2025/10/01/c...

#russianimperialism is a dangerous game.

Maintaining #tariff rates at summer 2025 levels would generate large government revenues but have significant downsides: Efficiency losses would approach 1/3 of revenues raised, tax system would be less progressive, and there would be tax administration concerns. www.piie.com/publications...

Enbridge $ENB, South Bow $SOBO and Trans Mountain will work with the government and the Alberta Machine Intelligence Institute to draft models of a potential #pipeline route. boereport.com/2025/10/01/a...

And then it got worse. #russianimperialism destroys russia.

And then it got worse.

Updated map of the regions of Russia where there are shortages of gasoline or diesel and how early was it first reported. Also the occupied territories are suffering even more than this. Included 3 new regions from today.

Pennsylvania Governor Josh Shapiro said his state would leave America's biggest power grid if its operator won't make changes to rein in surging energy bills. www.bloomberg.com/news/article...

Out of the 151 coal mining, enrichment and processing companies in the Kuzbass 30 are consider to be in the high risk due to financial difficulties. 18 have shut down operations 1 more than at the end of August, 16 are getting tax deferrals. www.kommersant.ru/doc/8024125

The US market accounted for 78% of #aluminum exports from Quebec in the second quarter versus 95% in the first quarter, while Europe’s share rose to 18% from 0.2%. www.bloomberg.com/news/article...

Nobel Peace Prize winner is travelling from Moscow to the Norwegian border town to speak about "censorship." But he refuses to talk with the only russian-language newspaper in Norway because it is considered 'undesirable' by Kremlin's censorship regime. www.thebarentsobserver.com/opinion/dmit...

Qatar is entering the world’s next LNG expansion phase with a large share of uncontracted supply, and how it will navigate this phase is the central uncertainty in the #LNG market. www.energypolicy.columbia.edu/publications...

Biggest #Norway winner is populist Progress party which more than doubled the number of votes from 12,3% in 2021 to 23,9%. Didn’t shift the power-balance in the Parliament as the Conservative Party was down 5,7% to 14,6% and the Liberal party only got 3,6%. www.thebarentsobserver.com/news/norway-...

The $MEG Special Committee and Board of Directors will evaluate the Revised Strathcona $SCR Offer and plan to respond on or before September 15, 2025. boereport.com/2025/09/08/m...

#Iraq plans to use storage sites in Singapore and “wherever there is an opportunity to target major markets including Asian market and European market.” $XOM oilprice.com/Latest-Energ...

The suspected underwater drone carrier SCANLARK is highly likely partly Russian crewed, one of them directly from Russia's 'research' (spy) vessels AKADEMIK FEDOROV + SEVERNIY POLUS. He and three other Russians list SCANLARK as present employment, looking at last 12 months on a crew hire-site.

The #BRICs summit, convened by Brazil's Luiz Inacio Lula da Silva, will discuss Donald Trump's trade policy and rally support for multilateralism among major emerging market nations. www.bloomberg.com/news/article...

U.S. refiner Phillips 66 $PSX said on Tuesday it will acquire the remaining 50% stake in WRB Refining from Cenovus Energy $CVE.TO for $1.4 billion. www.reuters.com/legal/transa...

Ali is likely to shift his approach to include a new phase of #Guyana ’s development, one primarily focused on building a resilient economy. Even with a booming economy, however, there will be challenges. www.atlanticcouncil.org/blogs/new-at...

Anglo will pay 1.3301 shares for each $TECK share, in a deal that would represent a 17% premium to the Canadian miner’s closing price on Monday. Deal gives $AAL:LN access to Teck’s much-coveted portfolio of #copper mines. www.bloomberg.com/news/article...

The transaction with EchoStar “will advance our mission to end mobile dead zones around the world,” said Gwynne Shotwell, president and chief operating officer at SpaceX. www.bloomberg.com/news/article...

Another suspect nominally civilian drone carrier / cargo ship raided in Germany this Sunday.

The Group of 8 announced a production adjustment of 137 thousand barrels per day from the 1.65 million barrels per day additional #OPEC voluntary adjustments announced in April 2023. www.opec.org/pr-detail/57...