Friday, January 10, 2025

Blackbird Energy Appoints Chief Financial Officer

Blackbird Energy Inc. (ticker: BBI) has appointed Karen Minton as its CFO effective immediately, the company announced yesterday. In a press release Blackbird outlined Minton’s almost two decades of experience in senior financial roles in oil and gas and alternative energy. Prior to her appointment as Blackbird CFO, Minton was CFO at Lighthouse Oil & Gas. Previously she was corporate

Infrastructure, Not Speculation, Explains China’s Corporate Debt

From the Asia Times China’s industrial profits are up by 24%, balance sheets are improving and much of corporate debt should be viewed as ‘public works’ by the government. Give a Western investor a word-association test with the word “China,” and the response will be “debt bubble.” Corporate debt levels in China, to be sure, look huge by international comparison.

Oil & Gas 360 - Venezuela will stick to its plan of blending domestic and foreign crude to maintain and even increase oil production and exports in the face of sanctions prohibiting U.S. companies from buying the country’s oi

Venezuela: The Brutal Truth About Maduro’s Election Victory

From Americas Quarterly President Nicolás Maduro’s opponents must decide whether the ballot box can still serve as an effective tool against the regime. By any measure, Sunday’s gubernatorial elections in Venezuela did not go well for the opposition. The regime of President Nicolás Maduro took 17 of a possible 23 seats, with, as of this writing, another still up for

Oilsands, Canada, Pipeline, TransCanada

Investors Look Away from Canada Following Energy East Termination

From Lexpert Is the cancellation of the planned TransCanada Energy East pipeline, from Alberta to Québec and New Brunswick, a harbinger of fewer energy deals? TransCanada’s decision earlier this month to pull the plug on its $15.7-billion Energy East Pipeline will likely dampen the appetite for Canadian energy deals because it remains too difficult to get the country’s landlocked oil abroad,

Banks Picked for Sinochem IPO – Sources

Offering size, date still unknown From Reuters BEIJING/HONG KONG (Reuters) – China’s Sinochem Group has tapped three banks, including Morgan Stanley (MS.N), to work on the possible Hong Kong listing of its key oil assets, as it seeks to raise capital and revive the company, said four people with knowledge of the matter. Citic Securities (600030.SS) and BOC International are

Novatek to Expand Yamal LNG With Additional Train

From Maritime Executive In a briefing in London on Tuesday, Novatek CEO Leonid Mikhelson said that the Russian energy firm intends to expand its groundbreaking Yamal LNG project with one more liquefaction train, adding an additional million tonnes per annum (MTPA) of capacity. The first three trains will all be online by the first half of 2019, and the fourth train

LNG

Energy Policy Overhaul: Australia’s Govt. Shuns Clean Energy Target

From Reuters MELBOURNE (Reuters) – Australia’s government on Tuesday rejected calls to set a clean energy target, instead scrapping aid for renewable projects and adopting a fuel-neutral energy policy that it said could keep the country’s lights on and cut power prices. Prime Minister Malcolm Turnbull won support from his Conservative party for a plan to end subsidies for renewable