SpaceX to launch tomato seeds, other supplies to International Space Station after weather delay | News

SpaceX to launch tomato seeds, other supplies to International Space Station after weather delay |  News

SpaceX will once again try to get a fresh haul of supplies to the International Space Station this weekend after bad weather at the launch site forced the company to wave off its first attempt. The mission is set to take off from NASA’s Kennedy Space Center in Florida at 2:20 pm ET Saturday. Should … Read more

BP Snags Contract To Market Guyana’s Share Of Exxon’s Offshore Oil

BP Snags Contract To Market Guyana’s Share Of Exxon’s Offshore Oil

The UK’s largest energy company BP Plc (NYSE: BP) has won a contract to market Guyana’s share of crude oil produced over the next year from two offshore production platforms. According to the state’s Ministry of Natural Resources, BP has agreed to market the state’s share produced from the Liza Destiny and Liza Unity platforms … Read more

Saudi Arabia: OPEC+ Must Be Cautious With Its Oil Production Policy

Saudi Arabia: OPEC+ Must Be Cautious With Its Oil Production Policy

Given the many uncertainties in the global economy, the OPEC+ group will remain cautious in its oil production policy when it meets next month, Prince Abdulaziz bin Salman, the energy minister of OPEC’s de facto leader Saudi Arabia, told Bloomberg TV on Friday. “Our theme is being cautious,” Prince Abdulaziz bin Salman told Bloomberg on … Read more

Saudi Arabia To Deliver Full Oil Volumes To Asia Despite Production Cut

Saudi Arabia To Deliver Full Oil Volumes To Asia Despite Production Cut

Saudi Arabia’s state oil company has assured several buyers in Asia it will deliver full contracted volumes in December despite the OPEC+ decision to cut production, Reuters has reported, citing unnamed sources. The assurance comes despite a commitment on the part of the Kingdom to reduce its production to contribute to the group-wide cut of … Read more

Covid Restrictions Force Chinese EV Maker To Suspend Production

Covid Restrictions Force Chinese EV Maker To Suspend Production

China’s Nio, the EV maker, has suspended manufacturing activities due to Covid restrictions amid the latest flare-up in infections in the country. “The news that production at Nio’s factories has been temporarily suspended is true and this will have an impact on production and delivery schedules,” a company representative told Reuters. The latter cited a … Read more

Billionaire Eric Sprott says he may have lost $100-million on Pure Gold, as Red Lake miner enters creditor protection

Billionaire Eric Sprott says he may have lost 0-million on Pure Gold, as Red Lake miner enters creditor protection

Pure Gold Mining Inc. PGM-X has filed for creditor protection, the latest junior miner to trip up in the notoriously hard-to-mine Red Lake district of northern Ontario. Last year, Vancouver-based Pure Gold ran into trouble when it encountered both grade and production shortfalls at its Madsen mine soon after putting it into production. Over the … Read more

Canadian Oil Prices Plunge As Refinery Demand Dwindles

Canadian Oil Prices Plunge As Refinery Demand Dwindles

Canadian prices are trading at the widest discount to US crude in four years and this time it’s not because of pipeline shortages or too much production. The decline in Canadian crude prices has to do with less demand from the US Midwest, where refineries are shutting down for maintenance or, in the case of … Read more