Equinor Lifts Bay Du Nord Reserve Estimate to 550 Million Barrels
Equinor has revised its recoverable reserve estimate for Bay du Nord upward to 550 million barrels, a figure that now stands nearly double the 300 million barrels projected when the deepwater project was first conceived and well above the 430 million barrels cited in more recent assessments. At Equinor’s Capital Markets Day presentation at the […]
Iran Publishes Signed MoU As Moscow Sanctions Test Begins
Iran has released what it says is the executed Islamabad Memorandum of Understanding with the US, a document that moves the conflict into a narrow 60-day implementation window before the hardest terms are settled. IRNA, Iran’s state news agency, published the full text of the MoU. Reuters reported that the White House submitted the interim […]
Ukraine Hits Moscow Refinery And Tests Russia’s Air Defenses
Ukraine’s latest strike on Moscow has turned the Russian capital’s refinery network into a test of repair capacity, fuel rerouting, and air-defense economics. The attack hit the Moscow Oil Refinery, a Gazprom Neft-operated facility that serves the capital region and has now been struck twice in the same week. Russian officials said hundreds of Ukrainian […]
Apple’s Next Chips Could Be Built by Intel
Apple (NASDAQ: AAPL) is returning to Intel (NASDAQ: INTC) as a chip partner, with President Donald Trump announcing Thursday that the two companies have agreed to design and manufacture chips together in the United States. The deal marks a significant shift for Apple, which abandoned Intel processors in 2020 in favour of its in-house M-series […]
Kuwait Accelerates Oil Output Recovery, Targets 2M Barrels Within a Week
Kuwait Petroleum is moving faster than anyone expected to bring its oil production back online, with CEO Sheikh Nawaf Al-Sabah saying the country will surpass 2 million barrels per day within a week and could return to full prewar output levels in a matter of weeks after that. The accelerated timeline is a significant departure […]
Brixton Metals Begins Drilling Langis Tailings With an Eye on Near-Term Cash Flow
Brixton Metals (TSXV: BBB) has started a dedicated sonic drilling campaign at its Langis Silver Project, aiming to define an initial mineral resource estimate from historic tailings left behind by decades of past mining. The program adds a third rig to the project, joining two bedrock rigs already advancing a fully funded 60,000-metre drill program […]
Mercado Minerals Drills 1,120 g/t Silver Equivalent Over 1.20 Metres At Copalito
A step out hole has pushed the El Agua vein to the front of Mercado Minerals Ltd.’s (CSE: MERC) plans at Copalito, after returning 1,120 g/t silver equivalent over 1.20 metres.
enCore Energy Wins BLM Approval to Begin Construction at Dewey-Burdock
enCore Energy (TSXV: EU) has cleared the last major federal hurdle between its Dewey-Burdock uranium project and the start of construction. The company said Thursday the U.S. Bureau of Land Management has issued a final decision authorizing it to begin building infrastructure for the in-situ recovery project in southwest South Dakota. It’s a green light […]
BMW Issues Shock Profit Warning, Blaming China Collapse and the Iran War
BMW warned Tuesday that its profit margin would fall to as low as 1% this year — down from a prior floor of 4%. Shares dropped 7%. The company blamed China’s collapse and the Iran war’s effect on consumer sentiment.
Raskin Accuses Kash Patel of Directing Over $1 Million in Taxpayer-Funded Bonuses to Loyalist Agents
The FBI’s “Payback Squad” reportedly carries out partisan directives and ignores probable cause. They also apparently get $8,000 bonuses every two weeks. Jamie Raskin wants to know who approved it.