Rising diesel and jet fuel prices, at least relative to crude and gasoline, are forcing oil market adjustments that should lessen the chance of a severe shortage at the end of next year. Total photo. [Read more]
Notley plan to grow domestic market for Alberta oil/gas a great strategy that needs Ottawa’s support Update: Alberta government announced late Tuesday that it will double support for petrochemical upgrading, with total investment now set at [Read more]
Oil prices were up slightly on Friday in volatile trading. Prices were underpinned by expectations that at a meeting next month in Vienna, OPEC will agree to cut output in 2019. ConocoPhillips photo. Oil prices [Read more]
Rising productivity in the Wolfcamp, like in other plays in the Permian Basin, has been driven mostly by drilling longer horizontal laterals and optimizing completions. Wolfcamp play the deepest and thickest stacked shale formations in [Read more]
To avoid an oil supply shock in the coming years, the International Energy Agency says in its World Energy Outlook 2018 that there is a need to develop new upstream oil investments. Getty Images photo. [Read more]
Global oil markets are increasingly over-supplied with light distillates, such as gasoline, while there are not enough middle distillates, such as diesel, which has opened a big price differential between the two fuels. McEvoy Oil [Read more]
Oil prices rose on Thursday after US EIA data showed falling US fuel inventories and despite investor concerns about a potential oversupplied market in 2019. Repsol photo. Oil prices pared on EIA data showing 10.3 [Read more]
Steve Williams is retiring from oil sands giant Suncor. He will officially retire at the company’s annual general meeting next May. Mark Little has been chosen to lead the Calgary-based company. Getty Images/Bloomberg photo by [Read more]
A low starting inventory level and below-average net injections of natural gas into storage contributed to working US natural gas stocks ending the refill season at this relatively low level. Getty Images photo. US natural [Read more]
According to data from the United States Energy Information Administration, natural gas and oil production is rising even though there are fewer wells in operation. Anadarko photo. With fewer wells, US oil production grew from [Read more]
US natural gas prices are at their highest in four years as gas stocks plummet to their lowest seasonal level for 15 years and sit at 15-16 per cent lower than the same time last [Read more]
Brent oil prices have fallen over 20 per cent in the past five weeks and WTI futures have declined for a record 11 days in a row. Total photo. OPEC talking supply cuts as oil [Read more]
No evidence to support claim that carbon tax is a “job killer” (Tombe), but there is a good argument that it’s an oil/gas “job saver” (Leach) Carbon tax (also called carbon pricing or carbon levy): [Read more]
Where resource scarcity is one of many motivations pulling the world away from extracting fossil fuels and towards renewable energy sources, clean meat can similarly be seen as a part of the solution to resource [Read more]
Over 400 oil and gas producers provided funding for the methane leak detection, quantification and repair project launched in the Red Deer area last August. CP photo by Jeff McIntosh. Methane leak study involves 30 [Read more]
Renewable diesel is an alternative fuel that is chemically similar to petroleum diesel and nearly identical in its performance characteristics. Renewable diesel has some of the largest lifecycle greenhouse gas reductions compared with other fuels By Steve [Read more]
A recent poll from Abacus Data found, 90 per cent of Canadians are concerned about climate change. But a new form of denial has risen from the ashes of the old: denying the solutions that [Read more]
In its 2018 World Energy Outlook, the International Energy Agency says improvements in the efficiency of the non-electric car fleet will cut oil demand by over 9 million barrels per day in 2040. Shutterstock photo. [Read more]
The IEA’s World Energy Outlook 2018 details global energy trends and what possible impact they will have on supply and demand, carbon emissions, air pollution, and energy access. Invew Group photo. Oil consumption growing for decades due [Read more]
Volkswagen says it will offer its WV EV for under $23,000. The company says by converting three of its factories to build electric vehicles, it will protect German jobs and rival US upstart Tesla. VW [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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