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Home2018April

Month: April 2018

supercomputers
USA

US energy dept spending $1.8 Billion for ‘Exascale’ supercomputers, 50 to 100 times faster than current supercomputers

April 24, 2018 Markham Hislop

Exascale supercomputer will provide 50 to 100 times greater performance than current fastest US supercomputer US Secretary of Energy Rick Perry announced a Request for Proposals (RFP), potentially worth up to $1.8 billion, for the development [Read more]

Pennsylvania
USA

Pennsylvania’s natural gas production keeps booming

April 23, 2018 Markham Hislop

Drilling rig count in state increased, averaging 20 rigs in 2016 and 33 in 2017 Pennsylvania’s marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf/d) in 2017, 3% higher than the [Read more]

indonesia
Innovation

Indonesia’s women empowered with renewable energy

April 23, 2018 Markham Hislop

Women and renewables empowerment programme expands solar energy access to Indonesia’s off-grid communities About a third of Indonesians, roughly 80 million people, live without electricity and many more with only unreliable access. In the country’s [Read more]

technology
News

Energy execs look to emerging technology to help employees, not replace them: KPMG

April 23, 2018 Markham Hislop

Execs say technology like autonomous and electric vehicles unlikely to impact energy industry U.S. energy executives are looking to emerging technology like artificial intelligence and intelligent automation to improve business operations, but do not expect [Read more]

Alberta oil producers
News

Some Alberta oil producers forced to ship crude to the US by truck

April 23, 2018 Energi Staff

Alberta oil producers are struggling to get crude to market as Canadian pipelines are at full capacity and rail lines are pressured to ship agricultural products at certain times in the year.  Reuters photo by [Read more]

Opinion

Opinion: Hedge fund oil bulls on the rampage as bears vanish

April 23, 2018 Energi Staff

Hedge fund managers have gambled everything on a goldilocks scenario in which oil prices rise without damaging demand or spurring too much shale drilling.  Anadarko photo. Hedge fund community’s positioning has become “exceptionally lopsided” By [Read more]

halliburton
Financial

Halliburton Q1 revenue up on strong North American demand

April 23, 2018 Energi Staff

Despite a $312 million writedown on Halliburton Co assets in Venezuela, the company reported a 34 per cent jump in first quarter revenue, mostly due to strong North American demand. Reuters photo by Richard Carson. [Read more]

oil prices
Financial

Oil prices mixed as Iran says OPEC pact extension not needed

April 23, 2018 Energi Staff

Oil prices were mixed on Monday after Iran’s oil minister, Bijan Zangeneh (pictured), said the OPEC supply cut agreement does not need to be extended if high oil prices continued.  AP file photo by Vahid Salemi. [Read more]

protesters
Canada

Trans Mountain Expansion poll has Canadians weigh in on lack of public trust

April 23, 2018 Markham Hislop

Six-in-ten say Kinder Morgan could have done a better job earning the public’s trust on this project, brought trouble on itself Angus Reid has conducted a poll on Canadian’s thoughts on Kinder Morgan’s Trans Mountain [Read more]

Alberta

Alberta legislation to protect electricity consumers from overcharges, late bills

April 23, 2018 Markham Hislop

Government says proposed legislation would help stabilize electricity prices The Alberta Government is introducing legislation called “An Act to Secure Alberta’s Electricity Future” to better protect consumers by empowering the Alberta Utilities Commission (AUC) to penalize [Read more]

Markham on Energy

HSBC’s new low-carbon lending criteria a boon – not a blow – for Canadian oil and gas industry

April 21, 2018 Markham Hislop

Photo: Barry Caruth, Creative Commons license Gradual lowering carbon-intensity of crude oil, operations over long time-frame is real goal of new HSBC lending policy A press release from international banking giant HSBC caused a flutter on [Read more]

wind
Innovation

BP, Tesla team up on US wind farm battery storage project

April 20, 2018 Energi Staff

The Tesla/BP wind farm battery storage pilot project will be at BP’s Titan 1 wind farm in South Dakota.  BP photo. Wind farm battery storage project will use 212kW/840kWhr Tesla battery BP Wind Energy and [Read more]

rig count
News

US rig count up for third straight week: Baker Hughes

April 20, 2018 Energi Staff

On Friday, Baker Hughes data showed the US oil rig count rose by five to 820, 132 more than this time last year.  In Canada, the oil rig count is down by three to 38.  [Read more]

oil prices
News

Trump tweets about rising oil prices, OPEC refutes claims

April 20, 2018 Energi Staff

Early on Friday morning, US President Donald Trump tweeted that “OPEC is at it again. With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificially Very [Read more]

USA

Fuel cell power plants not catching on, produced only .02% of US electricity in 2016

April 20, 2018 Markham Hislop

In 2016, 36% of total US fuel cell capacity was in California At the end of 2016, the United States had 56 large-scale fuel cell generating units greater than 1 megawatt (MW), totaling 137 megawatts [Read more]

renewables
News

Global goals on energy access, renewables, efficiency won’t be met without accelerated ambition – IEA

April 20, 2018 Markham Hislop

To achieve a truly sustainable energy system, renewables needs to more than double to 21% by 2030 The world is not on track to achieving energy-related Sustainable Development Goals, according to a new series of Policy [Read more]

propane exports
Canada

Canadian propane exports to Mexico leap eight-fold in 2017 – NEB

April 20, 2018 Markham Hislop

Mexico moved away from regulated propane prices towards market-based wholesale prices throughout 2017 The value of Canada’s propane exports to Mexico totaled $204.7 million in 2017, an increase of nearly eight times from the $25.4 million exported [Read more]

British Columbia

BC amending legislation to deal with growing number of orphan oil/gas wells

April 20, 2018 Markham Hislop

Photo: American Chemical Society Government say amendments expedite restoration, protect environment The Ministry of Energy, Mines and Petroleum Resources is looking to improve the restoration of orphan wells in British Columbia and better protect the [Read more]

coal exports
USA

US coal exports increased by 61% in 2017 as shipments to Asia more than doubled

April 20, 2018 Markham Hislop

6 countries (Brazil, Japan, Ukraine, Canada, India, South Korea) importing metallurgical coal from U.S. accounted for over half of all metallurgical exports in 2017 The United States exported 97.0 million short tons (MMst) of coal [Read more]

Total SA
News

French oil/gas super-major Total SA shifting towards low-carbon energy

April 19, 2018 Energi Staff

Total SA to purchase 74.3 per cent of Paris-based Direct Energie for €1.4 billion as the European oil major shifts into natural gas and electricity distribution.  Bloomberg photo. Total SA joins other European energy giants in [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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