Oil prices were mixed in trading on Wednesday as investors weighed the strengthening US dollar against falling US crude stocks and slowing global demand. Shell photo. Oil prices impacted by strength of US dollar Oil [Read more]
Canada’s Finance Minister Bill Morneau blamed the government of British Columbia for the delay in the construction of the Kinder Morgan Trans Mountain pipeline expansion project. Reuters photo by Chris Wattie. Kinder Morgan stopped non-essential work [Read more]
Renewable energy auctions in South Africa, Uganda and Zambia are changing renewables’ prospects on the continent Driven by a growing interest in renewable energy technologies as a competitive mechanism for price determination auctions have become [Read more]
Between Jan. and April 2018 the differential between WTI and WCS has averaged US$22.50 Crude oil produced in Canada varies widely in quality and grade. Crude oil can be characterized as light, medium, or heavy, [Read more]
Inability to fully load larger and more cost-effective vessels has pricing implications for US crude oil exports U.S. crude oil exports averaged 1.1 million barrels per day (b/d) in 2017 and 1.6 million b/d so [Read more]
The Energy Council of Canada named Chief Jim Boucher of the Fort McKay First Nation, and Chairman of the Fort McKay Group of Companies, the 2018 Canadian Energy Person of the Year. The Globe and [Read more]
30% increase in solar PV module cost raises total installed costs by about 10% The timing and magnitude of adding wind- and solar-powered electricity generators to the U.S. grid are sensitive to federal policies, especially federal [Read more]
Oil prices were steady on Tuesday with both Brent and US WTI rising slightly. Analysts say concerns over US sanctions restricting Iranian crude exports buoyed oil prices, but concerns that China’s economic growth may be [Read more]
4.4 million Mt of polyethylene capacity that was scheduled to come online by 2025 could be in doubt from reimposed US sanctions Trump’s plan to leave the Iran nuclear deal and reimpose sanctions could have [Read more]
Today, less than a third of global households own an air conditioner The growing use of air conditioners in homes and offices around the world will be one of the top drivers of global electricity [Read more]
Senior market analyst, John Kemp says the impact of oil prices on the U.S. trade deficit and the exchange rate is becoming much less significant than before. Statoil photo. Higher oil prices will help US producers, [Read more]
“This campaign is coming to the party quite late. It would have been good to be persuading people some time ago.” – Lacombe Alberta spending $700,000 on a pro-Trans Mountain Expansion advertising campaign in British [Read more]
Oil prices rose on Monday after OPEC released a report showing the global glut of crude oil has been virtually eliminated on dropping Venezuelan production along with the OPEC supply cut pact. The Politician photo. [Read more]
Swedish researchers are testing an electrified road located near Stockholm’s Arlanda airport. Project success could mean electric vehicles in the future would need smaller batteries which would cut down the cost of EVs. eRoadArlanda photo [Read more]
Managers of hedge funds, concerned about a significant downside risk as rising costs cut crude demand and stimulate increased production, appear to be locking in some profits after the recent bull run in oil prices. [Read more]
Abu Dhabi National Oil Company, or ADNOC, says it has plans to invest $45 billion in the coming five years to expand its refining and petrochemicals operations. Company photo. ADNOC looking to double its refining [Read more]
Reuters’ sources say that under the Trump administration’s soon-to-be-unveiled overhaul of the US Renewable Fuel Standard (RFS), the number of biofuels waivers for small refineries will be cut and ethanol exports could rise. Des Moines [Read more]
Half of US propane production is from the Gulf Coast In 2017, the United States exported 905,000 barrels per day (b/d) of propane, with the largest volumes going to supply petrochemical feedstock demand in Asian [Read more]
High production case shows oil sands production exceeding 7 million (MM) b/d by 2038, over 5MM in reference case (currently 2.8MM b/d) One of the most persistent myths perpetrated by the anti-oil sands brigade is [Read more]
Custom Energy Solutions program return carbon levy dollars to manufacturers to invest in new equipment, technology Industrial and commercial facilities in a broad range of sectors, including manufacturing, oil and natural gas, wholesale trades, warehousing [Read more]
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