DOE Clears Path for LNG Export Expansion Under Trump Energy Policy
The US Department of Energy on Monday finalized its 2024 LNG Export Study, removing regulatory barriers to expanded liquefied natural gas exports that had been implemented by the previous administration. The study, which drew public comments through March, concludes that American LNG exports strengthen the economy, boost jobs, and enhance global energy security without significant […]
Under Merz, Germany Softens Nuclear Stance in EU Talks
Chancellor Friedrich Merz’s government is easing Germany’s stance against nuclear energy in European Union policy discussions, German and French officials said, potentially breaking a years-long impasse on EU energy legislation. The new approach enables cooperation with France on regulatory frameworks that would classify nuclear power as a low-carbon energy source similar to renewables in EU […]
Physical Gold Demand Poses Eurozone Risks, ECB Report Finds
The push for physical gold delivery amid record prices could trigger financial instability across the eurozone if geopolitical tensions escalate, according to a study by European Central Bank economists. The warning comes as gold prices hit record highs, trading at $3,236 per troy ounce, up 23% since January. “Disruptions in the physical gold market could […]
Spain Turns to Gas Generation Following Massive Iberian Blackout
Spain has increased gas power generation by over a third following April’s unprecedented blackout as officials work to stabilize the grid while debating renewable energy’s role in the system failure. The April 28 outage left millions without electricity across Spain, Portugal and parts of France, killing eight people and causing an estimated €1.6 billion ($1.82 […]
Did Perplexity Fudge Its Numbers?
AI search startup Perplexity may have employed some accounting tactics that transform what would have been negative profitability into an impressive 60% gross margin, financial documents obtained by The Information reveal. The $9 billion startup shifted millions in costs away from its income statement as it courts investors for even higher valuations. Financial statements reviewed […]
Canada Post, Union Deadlock Threatens Second Postal Disruption in Six Months
The Canadian mail system faces its second major service interruption in less than a year after the Canadian Union of Postal Workers (CUPW) delivered strike notices Monday for action beginning Friday at midnight. The labor dispute coincides with a federal report declaring the 158-year-old postal service is facing “an existential crisis” amid declining mail volumes […]
China Accuses US of Undermining Geneva Talks With ‘Discriminatory AI Chips Measures’
China’s Ministry of Commerce accused the US on Thursday of undermining bilateral consensus from high-level Geneva negotiations after the administration revised export control guidelines targeting Huawei’s Ascend AI chips. The US Commerce Department altered language in its May 12 policy, initially stating that using Huawei chips “anywhere in the world” violated export rules, to a […]
Golden Cariboo Hits 37.0 Metres of 1.02 g/t Gold At Halo Zone
Golden Cariboo Resources (CSE: GCC) continues to intersect gold mineralization within the Halo zone at the Quesnelle Gold Quartz Mine property in British Columbia. The latest results have seen mineralization begin at bedrock surface.
IEA’s Demand Revision Erases 3 Years of Oil Stockbuilds, Exposes 295M-Barrel Inventory Swing
The International Energy Agency has upended oil market narratives with a sweeping revision to historical demand data, erasing three years of perceived inventory growth and exposing a 295-million-barrel swing in global stockpile dynamics. The agency now estimates a net drawdown of 74.6 million barrels from 2022–2024, reversing its prior forecast of a 220-million-barrel stockbuild. This […]
Snowline Gold Begins 30,000 Metre Drill Campaign
Snowline Gold (TSXV: SGD) has launched its 2025 exploration program at the flagship Rogue and surrounding projects in the Yukon. The program collectively is expected to see 30,000 metres of drilling conducted across all properties. The drill program is said to have been broken into several sections, with a total of five drill rigs expected […]