Oil prices fell over one per cent on Friday on rising crude stocks and despite expectations that OPEC and Russia will agree to a production cut next week at the cartel’s meeting in Vienna. Anadarko [Read more] [Read more]
Across the country, seven unique states have had a year of such tremendous growth, which shows that the solar revolution is not restricted to just one or two states. US Department of Energy photo. Technology [Read more] [Read more]
Source: Angus Reid Institute. “This is why the big oil sands companies are my most trusted influencer when it comes to climate change: they have skin in the game.” It’s safe to assume that no [Read more]
Proved reserves of U.S. crude oil increased 19.5 per cent from the end of 2016, reaching 39.2 billion barrels and surpassing the previous peak level of 39.0 billion barrels set in 1970. Getty Images photo [Read more] [Read more]
In October, Royal Dutch Shell announced it will go ahead with construction of the $40 billion LNG Canada facility. Petronas, a partner in the endeavour, announced it has signed a deal with trading house Vitol [Read more] [Read more]
Oil prices climbed on Thursday after industry sources reported that Russia has agreed for the need for crude output cuts for 2019. Equinor photo. Oil prices up over 2 per cent US oil prices jumped [Read more] [Read more]
If the United States slapped a tariff on OPEC imports, the US could still source the crude it needs from Canada and Mexico. More pipelines from Canada would be needed and boosting production in Mexico [Read more] [Read more]
Currently, electricity accounts for 40 per cent of total residential Canadian energy use and is expected to grow to 42 per cent by 2040. Varistor60 photo via Wikimedia. Electrification of space and water heating will [Read more] [Read more]
Saudi Arabia’s energy minister, Khalid al-Falih, is hoping to convince other OPEC ministers to get on board with output cuts to avoid another oil price crash when the cartel meets in Vienna next week. Bloomberg [Read more] [Read more]
In the first report of its series called Cool Ideas, the Conference Board of Canada looks at how 3D printed homes could be a solution for long standing housing issues in Canada’s northern and Indigenous [Read more] [Read more]
The National Energy Board issued its Economics of Solar Power in Canada report which offers anyone considering solar power installations information on the financial costs of switching to the renewable energy source. Economics of Solar [Read more] [Read more]
Minister Phillips, Minister Eggen, MLA Annie McKitrick and MLA Chris Nielsen along with students and faculty from Archbishop O’Leary High School announced the Alberta government’s investment of $15 million in the Solar for Schools program. [Read more] [Read more]
Source: Railway Association of Canada Ottawa accelrating phase-out of 21,367 unjacketed CPC 1232 tank cars by November 1, 2018 could eliminate estimated 196,000 b/d of heavy crude shipping capacity Rachel Notley announced Wednesday that her [Read more]
The Alberta government says it is in talks to purchase oil cars to transport 120,000 barrels per day of crude. Premier Rachel Notley says her government is taking the step to help clear up the [Read more] [Read more]
US crude stocks rose by 3.6 million barrels last week, much higher than analysts’ expectations of an increase of 769,000 barrels. Bloomberg photo by David Acker. US crude stocks up by 3.6 million barrels last [Read more] [Read more]
Today enhanced oil recovery represents only around 2 per cent of global oil supply and it remained in the background even during previous periods of high oil prices. Pioneer Natural Resources photo. Enhanced oil recovery [Read more] [Read more]
The next move in oil prices will be determined by how US shale firms and Saudi Arabia react to the recent fall in oil prices and whether the global economy slows further. Repsol photo. WTI [Read more] [Read more]
According to the International Energy Agency, to avoid an oil supply shock, there must be new upstream oil investments to fill the supply-demand gap. Cenovus photo. Oil supply shock could occur despite rising US production This [Read more] [Read more]
British Columbia premier John Horgan discussed climate leadership and action during a meeting with Washington governor Jay Inslee in 2017. Photo: Province of B.C. Climate leadership needed to prevent catastrophic consequences By Karen Tam Wu This article [Read more] [Read more]
US refining margins are down due to high refinery output along with flattening year-over-year growth in gasoline demand in the United States. Phillips 66 photo. US refining margins hit five-year low By Sean Hill, Corrina Ricker [Read more] [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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