In the most recent response to the ongoing trade war between the United States and China, Beijing says it is adding LNG from the United States to a list of proposed tariffs. Also on Friday, [Read more]
Canadian Natural Resources Ltd., or CNRL, reported dramatically improved adjusted earnings in the second quarter of this year, beating analysts’ expectations. Company photo. CNRL dropping costs at Oil Sands Mining and Upgrading assets Canadian Natural [Read more]
Even after the Cartier sale is complete, TransCanada says it will be one of Canada’s largest private-sector power generators, producing enough electricity to power over six million homes. Company photo. TransCanada deal valued at $630 [Read more]
According to the US Energy Information Administration, 2017 was the fourth consecutive year that US coal consumption and coal shipments by all transport modes declined. William Alden III photo via Wikimedia. Electric power sector US coal [Read more]
According to second quarter financial reports from Canadian pipeline company TransCanada, the Calgary-based company’s profits fell by 11 per cent, but the results beat analysts’ expectations. Company photo. TransCanada profits down by 11 per cent [Read more]
On Thursday, California along with 18 other US states said they would take the Trump administration to court over its proposal to weaken US fuel efficiency standards brought in by former President Barack Obama. Union [Read more]
Ottawa tinkers with carbon tax regulation to better protect 4 Canadian sectors from foreign competitors not subject to carbon pricing…nothing to see here, folks Critics of carbon pricing have got themselves into a bit of [Read more]
Renewable energy penetration and CO2 emission reductions largely matter to countries, states, and organizations when they can be counted towards climate change credits. CO2 emissions and climate change are global, not local, problems By Matt [Read more]
If the United States chooses to escalate the trade dispute rapidly while China elects to ride out the attack and wait for the costs to rebound on the U.S. and global economies, the damage to [Read more]
Global demand for ethylene and propylene are 160 million metric tons and 111 million metric tons per year The convergence of two significant and revolutionary technological developments in the petrochemical industry — crude oil-to-chemicals (COTC) [Read more]
Oil prices fell on Wednesday after the US Energy Information Administration reported a surprise increase in US crude stocks which fed concerns about a global oversupply of oil at a time when trade tensions are [Read more]
In its second quarter financial report, Encana says it delivered strong financial performance due to increased activity, streamlined efficiencies and rising oil prices. Company photo. Encana on track to grow annual production by over 30 [Read more]
Canadian Drilling Activity Forecast was released by the Petroleum Services Association of Canada on Wednesday. Apache photo. Canadian Drilling Activity Forecast shows decline in Alberta, BC, Saskatchewan, increase in Manitoba In its third update to [Read more]
Iran’s OPEC governor, Hossein Kazempour, says US President Donald Trump is wrong to think that Saudi Arabia and other producers, including Russia, will be able to compensate for millions of barrels of crude taken out [Read more]
If the global economic expansion continues at its current rapid pace, distillate availability will become stretched, and oil prices will rise strongly. Mondicon photo. Distillates crucial to three developments in the next two years that [Read more]
Technology tranforming oilfield: fracking, horizontal drilling, multiple wells from single pad on production side, digital tech on business side Texas oil production is booming like never before, especially in the prolific Permian Basin, but just like [Read more]
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