Just curious how long Canada’s Tar Sands are going to last against the US theft of Venezuela’s heavy oil. I suspect the US will simply use the stolen oil to replace imported heavy oil from Canada. Ideas?
#Canada #TarSands #Venezuela #HeavyOil
#Canada #Alberta #OilSands #HeavyOil #Venezuela takeover #Trump #USA
#https://youtu.be/Pgwny1BiCYk?si=Uxv2ubG_l8xQTHCH
S-Oil secures a major 1.181 trillion won ($845 million) heavy oil supply deal with ISU Chemical, signaling robust demand in South Korea's petrochemical sector.
#YonhapInfomax #SOil #ISUChemical #SupplyContract #HeavyOil #1181TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87445
S-Oil Signs 1.181 Trillion Won ($845 Million) Heavy Oil Supply Contract with ISU Chemical

S-Oil secures a major 1.181 trillion won ($845 million) heavy oil supply deal with ISU Chemical, signaling robust demand in South Korea's petrochemical sector.

Yonhap Infomax

#Russia suffering '#EnvironmentalCatastrophe' after #OilSpill in #KerchStrait

Joshua Cheetham, Olga Robinson & Matt Murphy, January 23, 2025

"Satellite images reviewed by BBC Verify have shown a major oil slick spreading across the Kerch Strait that separates Russia from annexed #Crimea, a month after two oil tankers were badly damaged in the #BlackSea.

"Oil has leaked into the strait from two ships which ran into trouble during bad weather on 15 December. Volgoneft-239 ran aground following the storm, while Volgoneft-212 sank.

​​"Up to 5,000 tonnes of oil has now leaked, and media reports and official statements analysed by BBC Verify suggest the spill has spread across the Black Sea and the #SeaOfAzov.

"A senior Russian scientist called the spill the country's worst '#EnvironmentalCatastrophe' of the 21st Century.

"'This is the first time fuel oil has been spilled in such quantities,' Viktor Danilov-Danilyan - the head of science at the Russian Academy of Sciences (RAS) - said in a 17 January interview with a Russian newspaper.

"Russian scientists said in December that this spill could be more than twice the size of a similar disaster in the strait in 2007, which saw up to 1,600 tonnes of #HeavyOil leak into the sea. #Ukraine's ministry of #ecology has estimated that the clear up from the latest spill could cost the Russian state up to $14bn (£11.4bn).

"#PaulJohnston, a scientist at #GreenpeaceResearchLaboratories, said 'there's always an element of uncertainty around oil spills', but a lack of timely information has heightened this uncertainty further.

"'I'm not entirely optimistic we'll ever know the full extent of the problem,' he added.

"Satellite images reviewed by #BBCVerify on 10 January - the most recent available high-resolution photos - showed a #MassiveOilSlick running through the strait, measuring at least 25km (15 miles) long. A second, smaller slick measuring around 5.7km (3.5 miles) long is also visible."

Read more:
https://www.bbc.com/news/articles/c23ngk5vgmpo
#WaterIsLife #EnvironmentalDestruction #OilSpill

Russia suffering 'environmental catastrophe' after oil spill in Kerch Strait

Activists say the spill - caused after two ships ran were battered by a storm - could cover an area of 400 sq km.

Australia: Strike to acquire Talon

Strike to escalate the pace of development in its Perth Basin business through the earnings and cashflow accretive acquisition of Talon. Strike and Talon have entered into a binding Scheme Implementation Deed under which Strike will acquire all the issued shares in Talon by way of a Scheme of Arrangement.

Unite general secretary, Sharon Graham, said: 'With the support of their union Unite, an army of 1650 offshore workers are taking the fight to ...

Unite the union has confirmed that around 1650 contractors will begin two new rounds of 48-hour strike action in an increasingly bitter dispute over jobs, pay and conditions in the offshore sector.
UK: Unite offshore strike action steps up as 1650 contractors to strike hitting oil and gas operators

UK: Unite offshore strike action steps up as 1650 contractors to strike hitting oil and gas operators

Unite the union has confirmed that around 1650 contractors will begin two new rounds of 48-hour strike action in an increasingly bitter dispute over jobs, pay and conditions in the offshore sector. Fresh rounds of 48-hour action to hit multibillion corporations including BP, Shell and Total.

Warrego Energy has commented on the announcement by Strike Energy that it intends to make an off-market takeover ... energy-pedia general news.

Warrego Energy has commented on the announcement by Strike Energy that it intends to make an off-market takeover offer to acquire all of the shares in Warrego that it does not already own.
Warrego Energy comments on proposed competing takeover offer from Strike Energy
Warrego Energy comments on proposed competing takeover offer from Strike Energy

Warrego Energy has commented on the announcement by Strike Energy that it intends to make an off-market takeover offer to acquire all of the shares in Warrego that it does not already own.

Strike has secured a ~19.9% shareholding and voting power in Warrego Energy by entering into share swap agreements for Strike ordinary shares with ...
Strike increases ownership of Warrego to 19.9%
Strike increases ownership of Warrego to 19.9%

Strike Energy has provided an update on its continuing and increased ownership of Warrego Energy and the West Erregulla gas field. Strike has secured a 19.9% shareholding and voting power in Warrego Energy by entering into share swap agreements for Strike ordinary shares with Warrego shareholders at a 1:1 share exchange ratio.