Oil prices mixed ahead of expected OPEC supply boost
Oil prices were mixed in trading on Thursday with US WTI rising by pennies and OPEC-aligned Brent crude falling over 2 per cent. The oil market is waiting to see if the OPEC supply cut [Read more]
Oil prices were mixed in trading on Thursday with US WTI rising by pennies and OPEC-aligned Brent crude falling over 2 per cent. The oil market is waiting to see if the OPEC supply cut [Read more]
Just ahead of the OPEC meeting on Friday, participants at the cartel’s ministerial committee meeting say they are getting closer to an agreement that would likely see OPEC output increase by about 1 million b/d. [Read more]
Oil traders are focused on the OPEC meeting in Vienna this week, however, the direction of oil prices over the next year will be more influenced by less visible developments in the major oil-consuming countries, especially [Read more]
Venezuelan Oil Minister Manuel Quevedo said on Thursday that US sanctions against the OPEC country are an attack on the stability of the global oil market. PDVSA photo. US sanctions imposed on Venezuela following recent [Read more]
Utility subsidies for LED bulbs across the United States typically ranged from $1 to $15 per bulb in 2016 U.S. electric utilities reported spending $3.6 billion on energy efficiency customer incentives in 2016, or an [Read more]
As of Wednesday, over 80 tankers were anchored off the Venezuelan coast waiting to load about 22 million barrels of crude and products for export. Earlier in the month, the backlog hit 24 million barrels. [Read more]
Oil prices were mixed on Wednesday with West Texas Intermediate rising after the US Energy Information Administration reported a drop in US crude stocks. Brent prices slipped ahead of the OPEC meeting scheduled for later [Read more]
The common front at G7 Summit was important signal that Canada is in good company on what looks to be a difficult file By Glen Hodgson, senior fellow, Conference Board of Canada The full Trump [Read more]
On Wednesday, the Chinese government announced it will shut down small-scale coal burning in two of the countries northern, coal-dependent provinces by 2020. PM2.5 emissions high in coal burning regions China says it plans to [Read more]
US shale producers and energy analysts are concerned that Chinese threats to slap tariffs on US petroleum products will cut into their sales to their largest customer. US shale producers anxious as Beijing puts Trump’s [Read more]
Dr. David Suzuki. Photo: CBC Energy dilemma: to reduce oil consumption requires cheap, longer-range EVs but battery science is decade or two from delivering David Suzuki is complaining “how difficult it is to have an [Read more]
Angus Reid polled Canadians on the Trudeau Trans Mountain pipeline deal. The results show the majority of Canadians are split down the middle on the issue and 26 per cent of those asked are unsure. [Read more]
On Tuesday, TransCanada announced it has conditionally awarded contracts to two joint ventures and two companies to construct the proposed Coastal GasLink Pipeline Project. TransCanada image. Coastal GasLink contracts valued at $2.8 billion TransCanada announced [Read more]
If adopted, CAPP’s climate policy recommendation would be a major departure from current approach, align Canada more closely with Trump “innovation, not regulation” strategy Canada’s normally cautious oil and gas producers are rolling the dice. [Read more]
Oil prices fell slightly on Thursday as an escalating trade dispute involving China and the US concerned investors and prompted selloffs in a number of global markets. Repsol photo. Oil prices fall on possible OPEC [Read more]
Ethane prices began declining relative to natural gas prices in late 2011 and remained consistently lower than gas between 2013 and 2015 U.S. natural gas plant liquids (NGPL) production has nearly doubled since 2010, outpacing the rate [Read more]
Electricity consumption is higher in all cases Autonomous vehicles are one of the main sources of uncertainty in the future of U.S. transportation energy consumption, as autonomous vehicle technology has the potential to change travel [Read more]
Oil prices rose in volatile trading on Monday as the jittery market awaits the outcome of OPEC’s meetings later this week and investors considered the ramifications of a trade dispute between the US and China. [Read more]
White Rock-based Solar Alliance announced on Monday that it has completed the installation of three solar projects in Kentucky and West Virginia. The company installed solar arrays in Louisville, Hazard and West Virginia with its [Read more]
Precision Drilling says that on Monday, it expects to finalize a partial redemption of US$50 million of is 6.5 per cent senior notes which were to come due in 2021. Company photo. Precision Drilling also [Read more]
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