Helium Evolution spuds first well in south central Saskatchewan, closes offering, agrees to farmout with North American Helium
McCORD – One more helium operator has put bit to ground in Saskatchewan, making it the third in recent years to begin drilling in Saskatchewan.
Helium Evolution Incorporated announced on June 28 it had spudded its first well at HEI 06-12-006-05W3M (“HEI-1”) on June 25. It joins North American Helium and Royal Helium in the drilling game in recent years.
With no fuel and no cash, Sri Lanka keeps schools closed
By Bharatha Mallawarachi in Colombo COLOMBO, Sri Lanka (AP) — Cash-strapped Sri Lanka on Sunday extended school closures for one week because there isn't enough fuel for teachers and parents to get children to classrooms, and the energy minister appealed to the...
Court leaves dwindling paths for Biden’s climate mission
By Ellen Knickmeyer in Washington WASHINGTON (AP) — More than 500 days into his presidency, Joe Biden's hope for saving the Earth from the most devastating effects of climate change may not be dead. But it's not far from it. A Supreme Court ruling Thursday not only...
OPEC+ oil boost likely not much help to high gasoline prices
NEW YORK (AP) — The OPEC oil cartel and allied producing nations decided Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy.
The increase of 648,000 barrels per day in August leaves the world thirsty for oil as it rebounds from the COVID-19 pandemic and runs up against the inability of the 23-member OPEC+ alliance to meet its production quotas.
OPEC+, which includes Russia, confirmed the decision from its last meeting. Before that, it had been adding about 432,000 barrels per day monthly to put oil back on the market after cutting production dramatically during the height of the pandemic.
New clean fuel regulations to raise gas prices, affect low-income Canadians the most
OTTAWA — New federal regulations to force down the greenhouse gas emissions from gasoline and diesel will cost Canadians up to 13 cents more per litre at the pump by 2030. An impact analysis of the Clean Fuel Regulations published Wednesday...
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