ExxonMobil sent its global oil marketing team to China this week in an effort to gain access to independent, or teapot refiners who are big foreign crude buyers in the world’s largest oil importing country. [Read more]
Canada could use economic gains from higher oil production and more exports as a result of pipeline construction to help reduce GHG emissions abroad. Ongoing peat fires in Indonesia emit more GHGs than all of [Read more]
Oil prices fell in trading on Thursday despite larger-than-expected declines in US crude stocks. Rising US production has increased the discount between Brent and WTI to over $10/barrel. Apache photo. US oil prices down just [Read more]
Regulated tolls, fully subscribed shippers, 15-20 year guaranteed contracts, demand in Asia and other markets, equals solid business case for Trans Mountain operation Did Ottawa negotiate a good deal with Kinder Morgan Canada or was [Read more]
“The U.S. administration should reconsider its actions and provide Canada with a permanent exemption” – Simard The U.S. administration has announced that Canada’s exemption from the 10 per cent aluminium tariff is lifted as of June 1 and the tariff [Read more]
Under the Transportation Department’s proposal, California would not be able to set stricter US emissions standards implemented than the federal government. AFP/Getty photo by Mark Ralston. US emissions standards would stay at 2020 levels through [Read more]
According to the United States Energy Information Administration, US oil production reached a record high of 10.47 million barrels per day in March. Anadarko photo. US oil production up 215,000 b/d in March Data from [Read more]
$10 million to MEG Energy of Calgary to improve bitumen recovery in mining while reducing GHG emissions, water consumption The Government of Canada is contributing $26.34 million towards the development of technologies that lead to less pollution, [Read more]
EV growth largely driven by government policy, including public procurement programmes, financial subsidies The number of electric and plug-in hybrid cars on the world’s roads exceeded 3 million in 2017, a 54% increase compared with [Read more]
Once completed in 2020, Siemens intends to purchase batteries from the factory, making Northvolt a preferred supplier Siemens and Northvolt announced a partnership for the development of best-in-class technology to produce high-quality, green lithium-ion batteries, [Read more]
After a significant drop in oil prices early in the week, values climbed on Wednesday on tight global supplies, a forecast of a drop in US crude stocks and a weaker US dollar. Linn Energy [Read more]
MidAmerican Energy says that once its Wind XII project is complete, the utility will generate renewable energy equal to 100 per cent of its customers’ usage. MidAmerican Energy photo. MidAmerican Energy will hit target without [Read more]
A closer look at the market revealed plenty of signs the oil prices rally might be running out of momentum and was becoming increasingly vulnerable to a correction. Anadarko photo. Plenty of forewarning that oil [Read more]
The updated US wind turbine database released by the US Department of Energy and the US Geological Survey allows the public to view data on the location and characteristics of wind turbines. VisitTehachapi.com photo. US [Read more]
In 2017, the EU was second largest market for renewables in the world As European Commissioner for Climate Action and Energy, Miguel Arias Cañete is tasked with accelerating the deployment of renewable energy in the [Read more]
Nuclear energy produces nearly 1/3 of the world’s emissions-free electricity At the 9th Clean Energy Ministerial(CEM) meeting, a new nuclear innovation partnership was announced under the leadership of the United States, Canada, and Japan, according [Read more]
$25K going to City of Saskatoon for project to support capacity building on connected and automated vehicles Connected and automated vehicles will bring about significant transformation in our transportation system, our communities, and our economy. [Read more]
CO2 emissions from coal were more than double those from natural gas in 2017 Fossil fuels consumption in the electric power sector declined to 22.5 quadrillion British thermal units (quads) in 2017, the lowest level [Read more]
BC economy forecast to advance by 2.6%, Alberta by 1.9%, Saskatchewan by just 1.3% All provinces can expect slower economic growth this year as a number of factors—ranging from uncertainty over NAFTA, stalled oil pipeline [Read more]
Hedge funds and other money managers reduced their net long position in the six major petroleum futures and options contracts in each of the five weeks to May 22 by a total of 108 million [Read more]
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