TFSA Pension: 2 Top Canadian Dividend Stocks to Start a Self-Directed Retirement Fund
April 15, 2022
The expansion of the gig economy means many Canadians do not have company pensions and are …
Cheniere Energy exec says surging U.S. natgas prices will spur production
April 15, 2022
Reuters CAMERON, Louisiana – Top U.S. liquefied natural gas producer Cheniere Energy on Thursday said surging U.S. natural gas prices reflect past underinvestment followed by “a demand shock” as Europe seeks to wean itself from Russian gas, and that high prices will spur more production that will benefit consumers. Gas traded at the main U.S. hub hit $7.30 per million
Analysis-Biden plan to aid Europe with LNG poses risk to US climate goals
April 15, 2022
Reuters WASHINGTON – U.S. President Joe Biden’s plan to expand liquefied natural gas (LNG) shipments to Europe to cut the region’s dependence on Russian fuel risks undermining his administration’s climate goals by encouraging more gas production and increasing emissions, according to climate experts. The issue reflects the tricky balance the White House must strike between global energy security issues and longer-term
Sustainable recovery spending could be derailed by commodity price spikes following Ukraine war
April 15, 2022
CNBC The world’s governments have pledged more than $710 billion to “sustainable recovery measures” by the year 2030 since the beginning of the Covid-19 pandemic, the International Energy Agency has said. This is a 50% increase compared to the figure in Oct. 2021 and represents “the largest ever clean energy fiscal recovery effort,” according to the IEA. Despite this growth,
Quantum Energy hires Goldman veteran Baillie as co-president
April 15, 2022
World Oil (Bloomberg) — Quantum Energy Partners, one of the largest private-equity players in U.S. shale, is reloading its leadership ranks following the step back of a senior partner earlier this year. Charles Baillie, a nearly 30-year veteran at Goldman Sachs Group Inc., and Quantum Managing Partner Ajay Khurana have been named co-presidents of the Houston-based firm, Chief Executive Officer
Japan to boost investment role in upstream LNG projects
April 15, 2022
Nasdaq TOKYO – Japan plans to step up its investment role in upstream projects for liquefied natural gas (LNG), to spur new development and boost fuel offtake by its companies, the industry minister said on Friday. Investment in new LNG development worldwide has dropped significantly as a global trend toward decarbonisation grows, although demand, especially in Asia, had risen, even
Russian Deputy PM says several buyers agree to pay in roubles for Russian gas
April 15, 2022
Yahoo Finance Several buyers of Russian gas have agreed to switch to payments in roubles, Russian Deputy Prime Minister Alexander Novak said on Friday. “We expect the decision (to switch to roubles) from other importers,” he added, in comments published in the ministry’s in-house magazine. He did not disclose the identities of customers who had already switched. President Vladimir Putin
1 Gold Stock and 1 Metals Stock for Diversification
April 15, 2022
When you’re building your portfolio, it’s a smart idea to keep some key thing…
U.S. rig count had an increase of 4 this week, at 693
April 15, 2022
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 4 over last week, resulting in a total count of 693 rigs. Canada had a decrease of 8 over last week, resulting in a total Canadian count of 103 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Barnett, the
