Recent Posts

No cheap gasoline for Venezuelans: Maduro

Bloomberg President Nicolas Maduro took to the airwaves to tell Venezuelan drivers that the days of being able to fill up their tanks with some of the cheapest gasoline in the world were over. From August 15-17, drivers must register to receive subsidies for gasoline purchases, and those who do not will have to pay international prices for fuel. Maduro, ...

Read More »

US parties exploit Russia probe to raise campaign cash

Bloomberg Special Counsel Robert Mueller’s Russia investigation hasn’t yet become a top issue for most voters. But when it comes to fundraising, Democrats and Republicans battling for control of Congress in November are using the probe to cash in. Some Democrats are pitching to donors that they’ll prevent Mueller’s ouster or other interference by President Donald Trump. Republicans are telling ...

Read More »

Ensign Energy goes hostile in $358mn Trinidad drilling bid

Bloomberg Ensign Energy Services Inc. went hostile with a roughly C$470 million ($358 million) cash bid for Trinidad Drilling Ltd. after objecting to the terms of a confidentiality agreement the rival oilfield-service company wanted it to sign to engage in negotiations. Trinidad’s demand for “a lengthy standstill provision” wasn’t in the best interest of shareholders, Calgary-based Ensign said. Standstill agreements ...

Read More »
Send this to a friend