The Trump administration is temporarily granting eight countries permission to purchase oil from Iran. The Iran sanctions exemptions for China, India, South Korea, Japan, Italy, Greece, Taiwan and Turkey are set to last up to [Read more]
Hedge fund managers have been net sellers of 371 million barrels since the end of September, taking their net long position to the lowest level for 15 months, according to records published by regulators and [Read more]
US Gulf Coast demand for Canadian heavy crude is growing because of declining supply from Venezuela, Mexico, Iran Our thesis is that Canadian heavy oil is not a discounted product, it’s a stranded product. Those [Read more]
A recent study by the Angus Reid Institute finds that 54 per cent of Canadians are inclined to support the Trudeau government’s carbon pricing plan. CaptainKimo.com photo. At least two-thirds in both Alberta and Saskatchewan [Read more]
In an all-stock deal valued at approximately $5.5 billion, Encana Corporation will acquire all the outstanding shares of common stock of Newfield Exploration Company. Encana photo. Newfield Exploration deal makes Encana one of the top [Read more]
Alberta Energy Regulator recently announced regulatory efficiency initiatives, allowing it to better respond to new technology and changing stakeholder expectations One day after the Alberta Energy Regulator had to publicly apologize for using unvalidated figures for [Read more]
Crude prices, spreads and the reactions of producers and consumers suggest the oil market has passed the first major cyclical peak after the slump of 2014/15. BP photo. Oil market strongly cyclical By John Kemp [Read more]
In Kenya, electricity now reaches 45 per cent of the population and the Last Mile Connectivity Project aims to deliver universal access to electricity by 2025. CT Cooper photo via Wikimedia Commons. As of 2018, [Read more]
Southern resident killer whales off the west coast of British Columbia face significant threats to their survival including lack of prey, noise and physical disturbance from marine vessels as well as contaminants in the water. [Read more]
“AER-verified calculations estimate” is $58.65 billion and all or almost all will be paid by industry Public agencies doing the walk of shame is a rare sight, but the Alberta Energy Regulator was forced to [Read more]
Last week, the IEA held its third annual global conference on energy efficiency in Paris. The event brought together over 2o0 energy professionals from over 60 countries. From left to right: Dr Ajay Mathur (Director General, [Read more]
US crude production has increased significantly during the past ten years, driven mainly by production from tight oil formations using horizontal drilling and hydraulic fracturing. Anadarko photo. US crude production tops Russia’s output in August By Emily [Read more]
TransCanada announced on Wednesday that it will move forward with a $1.5 billion expansion of its NOVA Gas Transmission Ltd., or NGTL system. TransCanada photo. NGTL expansion includes 197 km large diameter pipeline, compression units, [Read more]
Various technology, policy, and social trends over the past decade point to the potential for a global shift towards a lower carbon economy. – NEB The technology case set out in the Canada’s Energy Future [Read more]
US oil output has increased by more than 2 million barrels per day over the past 12 months, an absolute increase that is unparalleled in the history of the US oil industry. Anadarko photo. US [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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