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Home2018April

Month: April 2018

Husky refinery explosion
News

Wisconsin Husky refinery explosion and fire injures 10

April 26, 2018 Energi Staff

Local media reports 10 people were injured in a Husky refinery explosion and fire in Superior, Wisconsin on Thursday morning.  Duluth News Tribune photo. Husky refinery explosion occurred as crews were preparing plant for repairs Ten [Read more]

Montney
Alberta

Innovation is key performance driver for modern gas wells: Montney Formation one of North America’s biggest gas resources

April 26, 2018 Energi Staff 2

Montney wells drilled in 2016 each expected to produce a total of 7.2 Bcf of gas, 4 times the 2005 value Two things determine how much oil or gas a well will produce: the quality of the [Read more]

porsche evs
Innovation

Porsche EVs, hybrids to make up half of company sales by 2025

April 25, 2018 Energi Staff

The sale of Porsche EVs and hybrids by 2025 will amount to about half the companies overall deliveries, according to the luxury automaker.   Porsche EVs, hybrids targets one of the auto industry’s most agressive By [Read more]

oil prices
Opinion

Opinion: Oil prices, or how I learned to stop worrying and embrace the cycle

April 25, 2018 Energi Staff

Deep cycles are a natural condition of oil prices and John Kemp says there is no reason to think the future will be any different.  Anadarko photo. OPEC, major producers can influence oil prices in [Read more]

oil by rail
Canada

Oil by rail up in second half of 2018, easing bottlenecks: Cenovus

April 25, 2018 Energi Staff

The chief executive of Cenovus Energy says Canadian rail companies have hired and are training crew and are reactivating a number of locomotives to handle increased oil by rail shipments in the second half of [Read more]

US energy shares
Financial

US energy shares up, Q1 earnings forecast to be up 69 per cent over 2017 Q1

April 25, 2018 Energi Staff

US energy shares lost ground and underperformed in 2017, but in 2018 as oil prices continue to climb, investors are putting their money back into energy stocks.  ConocoPhillips photo. US energy shares rise alongside oil [Read more]

oil prices
Financial

Oil prices slip on rising US crude stocks, US dollar

April 25, 2018 Energi Staff

Oil prices remained steady on Wednesday, despite data from the US Energy Information Administration showing an increase in US crude inventories by 2.2 million barrels.   Oil prices initially fell following release of EIA data On [Read more]

mack trucks
Innovation

Volvo’s Mack Trucks Inc. plans to have a fully electric garbage truck in 2019

April 25, 2018 Energi Staff 2

Electric garbage truck’s ability to operate quietly at night is particularly attractive to customers in urban areas Mack Trucks, a part of Volvo Group, plans to have a fully electric Mack LR refuse model equipped [Read more]

survey
USA

Survey finds majority of US voters oppose tariffs on solar panels

April 25, 2018 Energi Staff 2

Among Republicans, support for tariffs is highly related to attitudes about Trump A new Program for Public Consultation(PPC) survey finds that nearly six in ten United States voters oppose the new tariffs on solar panels imposed [Read more]

methane emissions
Alberta

Alberta giving oil/gas producers $2.3 billion over 5 years to cut methane emissions

April 25, 2018 Energi Staff 2

New regulations take effect in 2020 The Alberta government announced a draft directive to deliver on commitment to cut industrial methane emissions 45 per cent by 2025, according to a press release. A key component [Read more]

subsidies
USA

Federal financial interventions, subsidies in US energy markets declined after 2013

April 25, 2018 Energi Staff 2

In 2016, certain tax provisions yielded positive revenue flow for government, resulting in negative net subsidy of $773 million EIA has updated its report on federal financial interventions and subsidies in energy markets, covering the 2016 [Read more]

morgan stanley
Financial

Morgan Stanley commits to finance $250 billion in low-carbon solutions by 2030

April 25, 2018 Energi Staff 2

Commitment includes clean-tech and renewable energy financing, sustainable bonds, other low-carbon solutions Morgan Stanley announced a new commitment to provide $250 billion dollars in low-carbon financing by 2030, according to a press release. Contributing to [Read more]

Markham on Energy

Suzuki’s honorary degree is embarrassing to Alberta engineers? Dean Forbes’ response is worse

April 24, 2018 Markham Hislop

Prof. Fraser Forbes, dean of engineering, University of Alberta. Photo: UofA. Dean Forbes missed opportunity to explain how oil sands innovation is answering Suzuki criticisms The University of Alberta is conferring an honorary degree upon [Read more]

GE Renewable Energy
Innovation

GE Renewable Energy to test world’s largest wind turbine in England

April 24, 2018 Energi Staff

GE Renewable Energy signed an agreement with the British government to test the company’s Haliade-X 12 MW turbine in Blyth, Northumberland.  GE photo. GE Renewable Energy and UK’s Offshore Renewable Energy Catapult sign five-year agreement [Read more]

OPEC
Opinion

Opinion: Mission accomplished for OPEC as oil moves from slump to boom

April 24, 2018 Energi Staff

John Kemp argues that if OPEC maintains its current output curbs through December, the market is set to become exceptionally tight, which will push prices and spreads towards unstable levels.  Anadarko photo. By John Kemp [Read more]

oil prices
Financial

Oil prices slip after Brent hits $75/barrel

April 24, 2018 Energi Staff

Oil prices hit their highest level since November 2014 Tuesday on strong global demand, OPEC’s supply cut agreement and the possibility that US sanctions could be imposed on Iran. Anadarko photo. Oil prices could rise [Read more]

Enbridge Line 3
Canada

Enbridge Line 3 replacement project OK’d, but preferred route rejected

April 24, 2018 Energi Staff

A Minnesota judge has agreed that the Enbridge Line 3 replacement project is necessary, but has rejected the Calgary-based company’s preferred route.  Enbridge graphic. Enbridge Line 3 project valued at $8.2 billion On Monday, a [Read more]

united kingdom
News

Coal power generation declines in United Kingdom as natural gas, renewables grow

April 24, 2018 Energi Staff 2

Coal consumption has been declining in the UK for decades In the United Kingdom, electricity produced from coal declined from 42% of total electricity generation in 2012 to 7% in 2017, according to the U.S. [Read more]

Canada

Gasoline prices driving Canadian inflation higher

April 24, 2018 Energi Staff 2

Bank of Canada will remain cautious in its approach to reducing monetary stimulus with just one more rate hike this year The Conference Board of Canada(CBOC) released a report showing that gasoline prices are driving [Read more]

British Columbia

British Columbia helping clean technology companies expand into global markets

April 24, 2018 Energi Staff 2

Global market for clean techology and services expected to grow to $3 trillion by 2020 British Columbia says it is taking action to help clean technology companies expand exports into global markets, Bruce Ralston, Minister [Read more]

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In the Spotlight

Notley ignores energy and loses election again. Time for a new NDP leader

by Markham Hislop in Markham on Energy

Rachel Notley is not the person to craft or deliver a new energy vision for Alberta. She has proven that repeatedly over past 4 years How do you hope to be premier of Canada’s energy [Read more]

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