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Tuesday it was reported that Russia cut gas export flows to Poland. Shortly after the halt in Poland was announced, Bulgaria also indicated that gas imports from Russia were set to stop. The export embargo stemmed from a refusal to pay for Russian gas in rubles. Importantly, by all accounts, ...
Russia cut off gas supply to Poland, according to Onet.pl, sending European gas prices up more than 15% at one point Tuesday. Poland's Climate Minister, Anna Moskwa, quickly responded indicating that natural gas storage in Poland is 76% full and that, "there will be no shortage of gas in Poli...
Vermilion Energy Inc. Announces the Closing of Its Senior Unsecured Notes Offering Canada NewsWire CALGARY, AB , April 26, 2022 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) announces the closing of...
Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Vermilion Shareholders Vote FOR All Proposed Items at the Upcoming Annual General Meeting of Shareholders Canada NewsWire CALGARY, AB , April 26, 2022 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We...
The energy market route began last Thursday when, despite stable commodity markets, small-cap energy stocks sold off aggressively into the weekend. The selloff continued Monday, as China demand fears outweighed mixed supply news over the weekend. Early Monday, hedged oil producers like W&...
Investors consider the financial sector of the S&P/TSX Composite Index a heavyweight because its houses the Canadian big banks. However, apart from energy, the basic materials sector outperforms lenders, insurers, and asset managers by a mile thus far in 2022. Commodity stoc...
The European Commission said Friday that EU companies may be able to comply with Russia's proposed gas payment system, without running afoul of sanctions against Moscow. Shortly following the war in Ukraine, President Putin issued a decree mandating that Russian gas exports to "unfriendly" na...
Russian oil production, and the impact of sanctions, have been a source of uncertainty in oil markets since the war in Ukraine began; Thursday OilX and Bloomberg indicated Russian production fell by 1mb/d in early April, with impacts set to accelerate as contracted cargoes roll off (USO)...
Vermilion Energy (NYSE:VET) has priced $400M of 6.875% senior unsecured notes due May 1, 2030 at 99.241% of par. Interest on the notes will be paid semi-annually. The notes were . The offering is expected to close on or about April 26. Net proceeds will be used to reduce the amount outstandin...
Vermilion Energy Inc. Announces the Pricing of Its Unsecured Notes Offering Canada NewsWire CALGARY, AB , April 19, 2022 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET), (NYSE: VET) today announced the pricing of...
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Vermilion Energy Inc. Confirms Q2 2024 Release Date and Conference Call Details and Announces TSX Approval for Renewal of Normal Course Issuer Bid Canada NewsWire CALGARY, AB , July 8, 2024 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Com...
The S&P 500 climbed on Thursday to briefly pass 5,500 for the first time ever, as the artificial intelligence-driven rally in Nvidia showed no signs of slowing down. The Dow Jones Industrials popped 147.65 points to 38,982.51. The much-broader index gained 22.46 points to 5,495.69. ...
Stocks rose Thursday as investors looked ahead to more corporate earnings and a key labor report set for later in the week. The Dow Jones Industrials leaped 149.79 points to pause for lunch Thursday at 38,053.05. The S&P 500 forged ahead 19.85 points to 5,038.24. The NASDAQ zoomed...