Heavy Oil Crunch Could Drive Up Shipping and Construction Costs
Heavy crude oil prices and refining costs are climbing around the world due to the limited supply of heavy crude at the moment.
Source: oilprice.com
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Canada's Oil Majors Are Sitting Out The Energy M&A Wave
Experts are predicting that it’s not very likely that Canada’s oil majors will continue sitting out the M&A wave since they are not immune from the factors driving consolidation
Source: oilprice.com
Commentary: LatAm Outlook 2024—Top Five Economies to Watch and Why
In 2024, energy investors interested in Latin America will likely find the most attractive opportunities linked to developments in Argentina, Brazil, Guyana, Mexico and Venezuela. That’s if they can hold their nerves amid ongoing uncertainties mainly tied to politics in many of the countries.
Source: hartenergy.com
Canada's $26 Billion Investment In Trans Mountain Pipeline May Not Pay Off
The federal government of Canada may never fully recover the more than a dozen billion U.S. dollars of costs to have the TransMountain pipeline project up and running
Source: oilprice.com
Venezuela's Oil Exports Plunge By 38% From Three-Year High
After hitting a three-year high in July, Venezuela’s oil exports collapsed 38% in August due to outages at two crude blending units.
Source: oilprice.com