EXPLAINER: What’s the effect of Russian oil price cap, ban?

EXPLAINER: What’s the effect of Russian oil price cap, ban?

FRANKFURT, Germany (AP) — Western governments have agreed to cap the price of Russia’s oil exports in an attempt to limit the fossil fuel earnings that support Moscow’s budget, its military and the invasion of Ukraine.

The cap is set to take effect Monday, the same day the European Union will impose a boycott on most Russian oil — its crude that is shipped by sea. The EU reached a deal for a $60-per-barrel threshold Friday, and the Group of Seven nations and Australia signed off on the deal later in the day.

Elite Safety Services acquires Nobel HSSE Management LTD

Elite Safety Services acquires Nobel HSSE Management LTD

OXBOW – Nobel HSSE Management Ltd. of Oxbow, Regina and Saskatoon has been purchased by Brandon-based Elite Safety Services.
That company specializes in rescue, safety and medic services, while Nobel focused on leader in occupational health, WCB management, medical and safety services.

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