SkySkopes News

The Biden administration will “calibrate” its sanctions policy towards Venezuela depending on how the high-stakes election unfolds in the OPEC nation on Sunday, U.S. officials said, signaling that Washington could ease punitive measures if President Nicolas Maduro holds a fair vote. But the U.S. also put Maduro on notice that if he claims victory without [Read more]

The United States is prepared to calibrate its Venezuela sanctions policy depending on what happens in Sunday’s presidential election in the Latin American country, senior U.S. officials told reporters on Friday. Washington will be watching the post-election transition period and will adjust its response accordingly, the officials added. (Reporting by Matt Spetalnick, Costas Pitas and [Read more]

U.S. energy firms this week added oil and natural gas rigs for a second week in a row, boosting the monthly count by the most since November 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by [Read more]

A massive wildfire that destroyed about a third of the western Canadian tourist town of Jasper is still out of control but rain and cooler conditions are helping firefighters, authorities said on Friday. Jasper is in the middle of Alberta’s mountainous Jasper National Park, a major tourist attraction. The town and park, which draw more [Read more]

CALGARY – MEG Energy Corp. says it has started bringing workers back to its Christina Lake oilsands site after evacuating all non-essential personnel last week due to wildfires in northern Alberta. CEO Darlene Gates said on a conference call Friday that the fire drew so close to the site that at one point flames were [Read more]