Hedge funds have turned more bullish, but with so few speculative short positions remaining to be covered, there may be few buyers around if and when the holders of long positions decide to engage in [Read more]
Oil prices hit $71/barrel on Tuesday due to OPEC’s supply cut pact and growing tensions between Saudi Arabia and Iran. As the session continued, oil prices retreated and settled in close to Monday’s values. Apache [Read more]
All environmental charges are currently before the Court, and have not yet been proven On March 22, Environment and Climate Change Canada laid a number of charges against Husky Energy Inc. and Husky Oil Operations Limited [Read more]
World electricity demand increased by 3.1%, China and India accounted for 70% of growth The International Energy Agency’s first Global Energy and CO2 Status Report – released in March 2018 – provides a snapshot of recent global trends [Read more]
4 projects scheduled to come online in 2 years, LNG export capacity expected to reach 9.6 Bcf/d by the end of 2019 U.S. exports of liquefied natural gas (LNG) reached 1.94 billion cubic feet per day (Bcf/d) in [Read more]
Government plans on using future carbon tax revenue for general revenue starting 2021 The latest Alberta Budget released on March 22, attempted to balance the demands for additional spending against the need for fiscal restraint. [Read more]
A still image from video posted to Facebook by user Uni Urchin and confirmed by RCMP shows an officer starting to chase after a demonstrator in Burnaby, B.C. on Sunday, March 25, 2018. Source: BC [Read more]
The head of Hyundai’s union says he is concerned that electric cars will kill jobs because they don’t require engines and transmissions. Electric cars “evil”, according to union head The head of Hyundai Motor’s union [Read more]
Texas Railroad Commission values show production at 2.99 million b/d in that same month Crude oil and lease condensate production data for Texas, published by EIA in its Petroleum Supply Monthly (PSM) and by the Texas Railroad Commission (TRRC), [Read more]
Using Canadian oil would lower global greenhouse gas emissions compared to a business as usual option At a time when Canadian pipelines are chock full and not enough rail capacity is available to get all of [Read more]
After oil prices rose over one-third in the past year, a number of large US shale oil companies have either paid dividends or vowed to pay dividends to their shareholders this year, according to Reuters. [Read more]
Oil prices dipped in Monday trading as investors took profits from last weeks gains, however, concerns over tensions involving Saudi Arabia and Iran supported the oil market. Anadarko photo. Brent oil prices gained 6.4 per [Read more]
Environment Minister George Heyman The Federal Court of Appeal has set back the British Columbia government’s opposition to the Trans Mountain Expansion pipeline project. The court dismissed BC’s request for leave to appeal a Dec. [Read more]
NGTL System is an extensive Canadian natural gas pipeline system with 24,320 kilometres of pipeline TransCanada Corporation announced that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has filed an application with the National Energy [Read more]
MPs Elizabeth May and Kennedy Stewart prior to their arrest. Photo: News 1130 If Trudeau wavers, then $500 billion of resource development projects could be imperiled Elizabeth May and Kennedy Stewart were arrested Friday after they [Read more]
French President Emmanuel Macron (left) made his remarks concerning an EU carbon price while at a conference in Brussels, ahead of a summit of EU leaders. Emmanuel Macron Twitter photo. EU carbon price would tax goods [Read more]
LNG Canada plant, artist’s rendering Alberta energy minister points out BC’s “hypocrisy” supporting its energy industry, but opposing Alberta pipeline Premier John Horgan announced changes Thursday that are designed to accelerate the development of the British [Read more]
Oil prices hit their highest level since late January on Friday after Saudi Arabia’s energy minister said the OPEC cuts need to be extended into 2019. Anadarko photo. Oil prices hit session high of $70.22/barrel [Read more]
By Molly A. Walton, energy analyst, International Energy Agency The world has a water problem. More than 2.1 billion people drink contaminated water. More than half the global population – about 4.5 billion people – lack [Read more]
Hydrogen can be used by fuel cells to power electric motors or be burned in internal combustion engines Hydrogen holds promise as an inexpensive form of clean energy, but finding an efficient and affordable way [Read more]
@2020 Energi Media Ltd., | Covering Energy’s Tommorrow
