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Home2018April

Month: April 2018

OPEC output
News

OPEC output hits 12-month low on Venezuelan decline

April 30, 2018 Energi Staff

April’s OPEC output dropped to a one-year low mostly due to significantly lower production from Venezuela and reduced exports from the cartel’s African producers, according to a Reuters’ survey.  Anadarko photo. OPEC output in April hit [Read more]

used electric vehicles
Opinion

Opinion: Should rebates be offered for used electric vehicles?

April 30, 2018 Energi Staff

In this article, the author, Maximilian Auffhammer questions how effective offering subsidies on used electric vehicles would be for the environment.  Energy Institute at Haas photo.   Does a program to subsidize used electric vehicles make [Read more]

oil prices
Financial

Oil prices up after Netanyahu says Iran lied following nuke deal

April 30, 2018 Energi Staff

Oil prices steadied on trading in Monday after slipping early in the session on reports that US drillers added 5 oil rigs last week.  BP photo. Brent oil prices up over 1 per cent Monday [Read more]

glacier
News

What can past glacier behavior tell us about future sea level rise?

April 30, 2018 Markham Hislop

Longer-term records needed for models to draw reliable conclusions about future glacier melt and how quickly and where sea levels will rise in future Researchers from the University of Houston will join colleagues from the [Read more]

sales
Innovation

Sales of electric buses increased 40% from 2016 to 2017

April 30, 2018 Markham Hislop

Adoption of electric buses expected to be focused in regions with government funding due to high upfront cost A new report from Navigant Research examines the global market for medium and heavy duty electric drive buses, providing [Read more]

hedge funds
Opinion

Opinion: Hedge funds trim positions in crude but boost fuels

April 30, 2018 Energi Staff

Managers of hedge funds are more cautious about increasing their exposure to oil, but are more optimistic about the outlook for refined fuels.  BP photo. Hedge funds cut futures and options contracts by 6M barrels [Read more]

nuclear innovation
USA

Nuclear plant closures in Ohio, Pennsylvania will have negative impacts on environment, economy – Brattle

April 30, 2018 Markham Hislop

Closure of FirstEnergy plants, Three Mile Island, would reverse emissions benefits gained over the last 25 years The announced closure of four nuclear power plants in Ohio and Pennsylvania will have severe environmental and economic [Read more]

fuel ethanol
USA

US exported record amount of fuel ethanol in 2017, Canada second-leading market for US exports

April 30, 2018 Markham Hislop

Canadian demand driven by ethanol mandates ranging from 5% in Alberta, British Columbia, Ontario to as high as 8.5% in Manitoba. The United States exported nearly 1.4 billion gallons of fuel ethanol in 2017, surpassing [Read more]

catalyst
Innovation

New catalyst technology could boost natural gas as a transportation fuel

April 30, 2018 Markham Hislop

Critical aspect of work is to reduce use of precious metals, lowering the cost The U.S. Department of Energy has chosen a team led by a chemical engineer from the University of Houston for a [Read more]

viking
Canada

Multi-stage fracking, horizontal wells boost production in old Viking Formation fields – NEB

April 30, 2018 Markham Hislop

Peak production from wells drilled from 2001 to 2009 averaged about 4 b/d Peak production rates of the Alberta and Saskatchewan Viking Formation oil wells are ten times higher than they were ten years ago, according to [Read more]

oil production
Financial

US oil and gas midstream to grow by 14% in 2018, propelled by Permian Basin

April 30, 2018 Markham Hislop

Crude oil production in Permian Basin providing a much-needed uplift for midstream companies East Daley Capital Advisors, Inc., an energy information and insights provider, reports that the overall outlook is positive for most major U.S. oil [Read more]

LNG Canada
British Columbia

LNG Canada selects contractor team for BC LNG terminal

April 28, 2018 Energi Staff

LNG Canada, a joint venture company comprised of four global energy companies, is in the planning stages of an LNG export terminal in Kitimat, British Columbia. Final decision on LNG Canada expected by end of [Read more]

oil prices
Financial

Oil prices slip on rising US rig count, despite Iran sanctions concerns

April 27, 2018 Energi Staff

Oil prices were mixed on Friday.  Brent is on track for its third week of gains as investors consider possible consequences of the reimposition of sanctions on Iran by the Trump administration.  BP photo. Oil [Read more]

wisconsin refinery explosion
News

Evacuation order lifted one day after Wisconsin refinery explosion

April 27, 2018 Energi Staff

One day after the Wisconsin refinery explosion, tens of thousands of people were allowed to return to their homes.  The blast at the Husky Energy refinery injured at least 16 people. Twitter photo.  Wisconsin refinery [Read more]

chinese refineries
News

Maintenance at Chinese refineries will cut into crude demand

April 27, 2018 Energi Staff

Some Chinese refineries will shut down in May and June for annual maintenance, which will cut China’s throughput by about 10 per cent and reduce global crude demand.   At least six Chinese refineries are planning [Read more]

subsidies
USA

US renewable energy subsidies have declined as tax credits, other policies diminish

April 27, 2018 Markham Hislop

R&D provides foundation for many energy technology advancements and cost reductions Federal subsidies for renewable energy—including biofuels for transportation use and renewable generation of electricity—dropped to $6.7 billion in fiscal year (FY) 2016, a 56% [Read more]

technologies
Canada

Lowering freight truck GHG emissions requires disruptive innovations, new fuel-saving technologies

April 27, 2018 Markham Hislop

Freight transportation is highly competitive, fleet owners focus on length of time for return on investment, 3 years being upper limit Full implementation of existing fuel-saving technologies, combined with accelerated adoption of emerging disruptive technologies [Read more]

turbine
Innovation

Humpback whale flippers inspire Canadian design of highly efficient wind turbine blade

April 27, 2018 Markham Hislop

Global sales in wind turbine market are expected to grow from EUR 64.5 billion in 2015 to EUR 66 billion in 2019 The 15 finalists for the European Inventor Award 2018, announced this week by the European Patent Office(EPO), [Read more]

reference
British Columbia

BC submits legal reference question on whether it can regulate heavy crude oil being transported in pipelines

April 27, 2018 Markham Hislop

In ongoing fight against oil sands bitumen, BC takes pipeline regulation issue to BC Court of Appeal The Government of British Columbia has submitted a reference question to the B.C. Court of Appeal on its [Read more]

oil prices
Financial

Oil prices mixed as investors weigh soaring US output vs. rising demand

April 26, 2018 Energi Staff

Oil prices were mixed on Thursday as investors considered rising US crude output against the possibility of US sanctions on Iran, tanking Venezuelan output and strong demand.  Encana photo. Recent oil prices rally “overdone”: Some [Read more]

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In the Spotlight

Huge battery plant subsidies are price Canada pays for lagging in clean energy industry

by Markham Hislop in Markham on Energy

China dominates clean energy industry, US and Europe race to catch up Government subsidies totalling $28.2 billion for two Ontario battery plants require 20-year pay back, according to Parliamentary Budget Officer (PBO) Yves Giroux. Clean [Read more]

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