Energy & Commodities
China’s state-run media giant Xinhua is reporting that the world’s second-largest economy will soon be deregulating and restructuring key sectors of its industry, including oil exploration and mining, in order to facilitate greater foreign investment in China.
“In its new ‘special management measures’ addressing foreign investment,” reports by United Press International, Beijing’s reform commission said the number of foreign investment-related restrictions will decrease from 48 to 40 items. For foreign investment into free trade “experimental” zones, China has decreased the number of restrictions from 45 to 37 items, according to Xinhua.” These bans and restrictions will be fully lifted by the end of this year….CLICK for complete article


How new regulations will impact shipping, the environment and freight rates. CLICK for complete article

In its relentless pursuit of oil, the shale industry continues to burn more and more gas into the air. The rate of flaring in the Permian basin reached a record high in the first three months of this year, averaging 661 million cubic feet per day (MMcfd), according to Rystad Energy. That is more than double the amount of flaring for the same period from a year earlier…CLICK for complete article

Special $99 Gen Adm and $149 VIP tickets available to our listeners FIRST!
The 2nd annual Schachter Energy Conference takes place October 19th, 2019 at Mount Royal University in Calgary. And Josef and his team are giving Michael’s audience first crack at the special early bird price.
CLICK HERE for more information and to get your tickets.
