Sunday, February 11, 2024

Road To Germany -- February 11 2024

Locator: 46785GERMANY.

Link here. On top of all this, the US has paused new permitting of LNG export facilities.


More And More It Appears UN Relief Operations In Gaza Were Run By Hamas -- February 11, 2024

Locator: 46784HAMAS.

Tag: UN's Hamas branch.

Link here

From the linked article:

GAZA CITY—Hidden deep below the headquarters of the United Nations’ aid agency for Palestinians here is a Hamas complex with rows of computer servers that Israel’s armed forces say served as an important communications center and intelligence hub for the Islamist militant group.

Part of a warren of tunnels and subterranean chambers carved from the Gaza Strip’s sandy soil, the compound below the United Nations Relief and Works Agency buildings in Gaza City appears to have run on electricity drawn from the U.N.’s power supply, Israeli officials said.

A Wall Street Journal reporter and journalists from other news organizations visited the site this past week in a trip organized by Israel’s military. A tunnel also appeared to pass beneath a U.N.-run school near the headquarters.

The location of a Hamas military installation under important U.N. facilities is evidence, Israeli officials say, of Hamas’s widespread use of sensitive civilian infrastructure as shields to protect its militant activities. Tunnel complexes have also been found near or under some of Gaza’s largest hospitals.

Israel’s discovery of the Hamas operations below Unrwa offices is likely to put further pressure on the agency, which is facing international scrutiny after Israeli allegations that at least 12 of its employees had links to Hamas’s Oct. 7 attack on Israel, which authorities say killed 1,200 people.

Israeli military officials assert that people working at Unrwa would have been aware of the tunnel complex, either from activities during its construction or by what they said would have been a jump in electricity usage when the complex started operating
Unrwa is an unusual U.N. body, tasked with looking after just one group of people: displaced Palestinians. Some of Israel’s political leaders have argued that Unrwa should be abolished. Others say Unrwa would be difficult to replace given the breadth of services it provides, including the delivery of humanitarian assistance.

Israel: "We're Going To Do It." February 11, 2024

Locator: 46783RAFAH.

Top international non-energy story:

  • Israel getting ready to clear out last "Hamas sancturary" -- no signs of letting up
    • Rafah
    • it appears Israel has all its diplomatic ducks in order to begin operations

Rafah:

Rafah is a Palestinian city in the southern Gaza Strip; it is the capital of the Rafah Governorate of the State of Palestine, located 30 kilometers (19 mi) south-west of Gaza City. In 2017, Rafah had a population of 171,889. As a result of massive bombardment and ground assaults in Gaza City and Khan Yunis by Israel during the Israel–Hamas war, about 1.4 million people are believed to be sheltering in Rafah.

When Israel withdrew from the Sinai in 1982, Rafah was split into a Gazan part and an Egyptian part, dividing families, separated by barbed-wire barriers. The core of the city was destroyed by Israel and Egypt to create a large buffer zone.

Rafah is the site of the Rafah Border Crossing, the sole crossing point between Egypt and the State of Palestine. Gaza's only airport, Yasser Arafat International Airport, was located just south of the city. The airport operated from 1998 to 2001, until it was bombed and bulldozed by the Israeli military (IDF).
The map:

It appears Israel has all its diplomatic ducks in order to begin operations.

 
Why would Egypt not object? Israel has told the million+ refugees to head north ... away from Egypt. 

Laser-Focused On Dividends -- February 11, 2024

Locator: 46782DIVS.


Breaking: New Merger Being Reported -- February 11, 2024

Locator: 46781PERMIAN.

Link here

From the linked article:

Endeavor, founded by wildcatter Autry Stephens, has long been one of the most prized businesses in the consolidating Permian Basin, the largest U.S. oil patch that straddles West Texas and New Mexico.
In striking a deal for Endeavor, Diamondback fended off competition from other parties including ConocoPhillips , some of the people said. The stock-and-cash deal would value Endeavor at around $25 billion, and Diamondback shareholders would own the majority of the combined company after it closes, they said. Diamondback, based in Midland, Texas, has a market value of around $27 billion.

This comes on top of two other mergers / acquisitions announced just last week.