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Home2018August

Month: August 2018

oil prices
Financial

Oil prices slip as trade concerns continue to weigh on market

August 9, 2018 Energi Staff

Oil prices slipped on Thursday as the ongoing trade dispute between the United States and China continued to weigh on the market.  Equinor photo. Oil prices settled slightly down from Wednesday’s values Oil prices fell [Read more]

Markham on Energy

Alberta oil/gas love affair with US shale glosses over industry that can’t make a buck even with high prices

August 9, 2018 Markham Hislop

Pipeline shortages, unprofitable, high breakevens for many shale producers, trouble accessing capital, high debt levels – does this sound like a model Canada should encourage? The Alberta oil and gas industry’s United States fetish is [Read more]

US sanctions
News

Despite US sanctions, Swiss companies urged to pursue Iran ties

August 9, 2018 Energi Staff

The Trump administration abandoned the Iran deal in May and vowed to re-impose US sanctions against Tehran.  US President Trump warned that companies doing business with Iran will be barred from the US.  Reuters photo. [Read more]

Opinion

Opinion: How oil producers can go broke when the price of oil soars

August 9, 2018 Energi Staff

If the price of oil climbs high enough, some producers locked into contracts signed when oil prices were lower could find themselves losing money, not just making less.  Anadarko photo. Many oil producers entered into contracts at [Read more]

oil prices
Financial

Oil prices drop on US-China trade war, falling Chinese demand

August 8, 2018 Energi Staff

Oil prices fell on Wednesday on escalating trade tensions between the the Trump administration and Beijing and data showing a drop in energy demand in China.  Getty Images photo. Oil prices down over 3 per [Read more]

construction costs
News

Average US wind, solar construction costs continued to fall in 2016: EIA

August 8, 2018 Energi Staff

Annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines declined, while construction costs for natural gas generators increased slightly.  SolarPowerManagement.net photo. Construction costs for solar photovoltaic (PV) projects have steadily decreased since [Read more]

HSBC
Opinion

Opinion: HSBC targets Canada’s oil sands with policy

August 8, 2018 Energi Staff

HSBC continues to offer investment funds in Russian equities to Canadian clients. These funds are weighted more than 40 per cent to Russian energy, with holdings in Gazprom, Lukoil and Rosneft – energy brands associated [Read more]

Opinion

Opinion: Oil market balance of power shifts to Saudi Arabia and Russia

August 8, 2018 Energi Staff

John Kemp argues that most of the changes in the power behind the oil market can be traced back for 20 years or more, though some of them have recently accelerated, such as the recent [Read more]

WELL building standard
Opinion

WELL Building Standard protects people and the environment

August 8, 2018 Energi Staff

The WELL Building Standard was created as a voluntary third-party rating system, much like LEED, but this standard was the first to focus entirely on the health and wellness of occupants. WELL Building Standard focusses [Read more]

NEB
Canada

NEB pipeline fittings quality assurance white paper released

August 7, 2018 Energi Staff

According to the NEB, the recommendations build on the regulator’s proactive approach to addressing this issue and the regulator says it is leading the way for industry in advancing the quality assurance of pipeline fittings.  Trans [Read more]

Puerto Rico.
News

EIA Puerto Rico electricity sales data shows rate of recovery since hurricanes

August 7, 2018 Energi Staff

While EIA data shows electricity sales in Puerto Rico have returned to pre-Hurricane Maria levels, residential electricity sales are lagging behind historical levels, reflecting continued outages.  AP photo by Carlos Giusti. Puerto Rico blackout in [Read more]

India
News

Future India energy use depends on its rate of economic growth

August 7, 2018 Energi Staff

Economic development in India is expected to have a considerable impact on future international energy markets because of the country’s large population and potential for growth.  India is predicted to be one of the fastest-growing [Read more]

Saudi Arabia
Canada

Diplomatic dispute between Canada and Saudi Arabia escalates

August 7, 2018 Energi Staff

Canadian Foreign Affairs Minister Chrystia Freeland stands by Canadian foreign ministry comments condemning the arrests of civil society and women’s activists in Saudi Arabia by the Canadian foreign ministry sparked off a diplomatic dispute that [Read more]

LNG Canada
Canada

LNG Canada one of many mega LNG projects on the horizon

August 7, 2018 Energi Staff

LNG Canada is one of a number of liquified natural gas projects that could soon get the green light as global energy companies look to capitalize on a widening supply gap expected within five years.  [Read more]

oil prices
Financial

Oil prices up on concerns over US sanctions on Iran crude

August 7, 2018 Energi Staff

Oil prices rose on Tuesday on crude shortage concerns as the Trump administration’s deadline for sanctions on Iranian crude nears.   Oil prices up after sanctions on Iranian goods, not crude, went into effect Oil prices [Read more]

Petro-Canada
Canada

Petro-Canada invites Canadians to “Live by the Leaf”

August 7, 2018 Energi Staff

Petro-Canada says its brand strategy and corresponding creative campaign are based on research showing that Canadians are increasingly making more conscious decisions about the brands they support. Company image.  Petro-Canada unveils new brand platform On [Read more]

Opinion

Opinion: Oil market enters post-OPEC era

August 7, 2018 Energi Staff

The real negotiations now take place between Riyadh and Moscow, behind closed doors and far away from OPEC headquarters in Vienna, reflecting their market calculations, and relationships with the United States.  AFP/Getty Images photo by [Read more]

gasoline futures
Opinion

Opinion: Fund managers turn bullish on gasoline futures, options

August 6, 2018 Energi Staff

Fund managers are rebuilding a big bullish position in US gasoline futures and options – even as they remain on the sidelines across other petroleum contracts. Portfolio managers boosted net long position in US gasoline [Read more]

heat waves
Opinion

Opinion: Ten tips to stay cool in today’s heat waves

August 6, 2018 Energi Staff

Recent heat waves in Europe, Canada and India show there is a growing demand for cooling comfort, which places a major strain on energy systems.  The IEA offers tips on staying cool, efficiently.  AP photo. [Read more]

Markham on Energy

Hit Saudi Arabia where it hurts: ban its crude oil exports to Eastern Canada

August 6, 2018 Markham Hislop

Chrystia Freeland, foreign affairs minister Saudi Arabia exports 100,000 b/d of crude oil to Eastern Canada. Total imports by Eastern refiners are 315,000 b/d Prime Minister Justin Trudeau has the perfect response to Saudi Arabia’s [Read more]

Posts pagination

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In the Spotlight

The Canadian energy conversation is stuck in the wrong century

by Markham Hislop in Markham on Energy

Find Energi Media journalism in video, audio, and essays YouTube Channel: Video energy news Substack Essays: Thoughtful Energy Journalism Energi Talks Audio Podcast Real story of this energy crisis is not supply disruption, but demand [Read more]

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