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Home2018December

Month: December 2018

Markham on Energy

Alberta holding Justin Trudeau accountable for actual pipeline miscues better strategy than burning down Canada

December 31, 2018 Markham Hislop

Refusal to use NEB to put Horgan in his place, bungled aboriginal consultations, are legitimate Alberta grievances. Now we need solutions. The end of a year is traditionally a time when news organizations look back [Read more] [Read more]

Markham on Energy

Time to bench the goons? Undisciplined, violent rhetoric from Kenney, oil boosters hurting Alberta’s pipeline game

December 29, 2018 Markham Hislop

Abacus Data question from October poll: “I support more oil moving through pipelines as long as the country is also moving towards cleaner forms of energy.” Good hockey teams can get away with undisciplined play [Read more]

Markham on Energy

Is the discount on Canadian oil justified? Not a chance

December 28, 2018 Markham Hislop

Source: ARC Financial Institute Demand for Alberta heavy crude oil is growing at the very time pipeline projects have been delayed In any war, truth is one of the earliest casualties, and it’s no different [Read more]

Financial

Oil prices fall on retreating US stock market

December 27, 2018 Energi Staff

Oil prices fell over 3 per cent on Thursday as investors grew more concerned about rising global crude inventories and faltering economic growth.  Anadarko photo. Oil prices down over 2 per cent Oil prices fell [Read more] [Read more]

News

US power sector CO2 emissions down 28% since 2005

December 27, 2018 Energi Staff

US power sector CO2 emissions on the decline due to slower electricity growth and a shift from coal, oil to natural gas and renewables.  Getty Images photo. By Perry Lindstrom US power sector CO2 emissions [Read more] [Read more]

News

2016 US energy expenditures per unit GDP lowest since at least 1970

December 27, 2018 Energi Staff

The decrease in total US energy expenditures in 2016 was entirely attributable to lower energy prices, as total energy consumption has remained virtually unchanged since 2013.  Bigstock photo. US energy expenditures fell for fifth consecutive year By [Read more] [Read more]

News

US natural gas booming, Canadian sector suffers low prices, stiff competition in traditional markets

December 24, 2018 Markham Hislop

Canadian imports into the US market declined 0.10 Bcf/d last week – Drillinginfo The North American natural gas market is closely interconnected via pipelines. Supply or demand events in one region often impact prices elsewhere. [Read more] [Read more]

Canada

Canadian economy slowing in 2019 thanks in part to declining Alberta energy investment

December 24, 2018 Markham Hislop

Overall investment in Canadian energy sector will increase thanks to LNG Canada project, Coastal GasLink pipeline Falling investment in the Alberta oil patch because of lower oil prices and pipeline capacity problems are part of [Read more] [Read more]

Markham on Energy

Trucker rallies for pipelines send wrong message to Ottawa

December 20, 2018 Markham Hislop

Source: Abacus Data survey, Do you love oil? Hate oil? Either way, you’re in the minority. Better message…Dear Prime Minister Trudeau: This is exactly what you did wrong (insert analysis here) and here is how to [Read more]

Opinion

Calculating Santa’s coal haul for naughty children

December 20, 2018 Energi Staff

Matt Chester calculates that Santa must deliver approximately 64 million kilograms, or 64,000 metric tons, of coal to naughty kids each year. Santa’s coal “gifts” could power 38,300 homes in the US for one year By [Read more] [Read more]

oil production
News

Most new oil, gas wells hydraulically fractured horizontal wells

December 20, 2018 Energi Staff

Hydraulically fractured horizontal wells became the predominant method of new U.S. crude oil and natural gas development in October 2011, when total footage (in linear feet) surpassed all other drilling and completion techniques. Hydraulically fractured [Read more] [Read more]

Financial

Oil prices rebound on demand data after Tuesday’s rout

December 19, 2018 Energi Staff

Oil prices recovered slightly after Tuesday’s sell-off on data from the US Energy Information Administration showing demand for distillates rose to the highest levels since January 2003.  Nexen photo. US oil prices up over 2 [Read more] [Read more]

Markham on Energy

Albexit? Alberta separation is a dumb idea

December 19, 2018 Markham Hislop

Alberta government, industry associations spend little time, effort, and money building pipeline support outside Alberta. More effort might create better outcomes. In the early 1980s, when I was an inquisitive undergrad, I attended a presentation [Read more]

News

Canada, Alaska West Coast LNG projects attract new interest

December 19, 2018 Energi Staff

Proposed West Coast LNG projects are getting a second look thanks to rising shipping rates making US Gulf Coast LNG costlier to Asian customers.  LNG Canada image. West Coast LNG shipping time dramatically shorter than [Read more] [Read more]

Markham on Energy

Notley says more debt not the answer as Ottawa announces $1.6 billion of financing help for Alberta oil and gas

December 18, 2018 Markham Hislop

Amerjeet Sohi (left), natural resources, and Jim Carr, international trade diversification. Photo: CBC “The announcement today, it’s a bit of cut and paste from previous support announcements for the steel industry, the aluminum industry, and [Read more]

News

Husky granted regulatory approvals for hostile takeover of MEG Energy

December 18, 2018 Energi Staff

On Tuesday, Husky announced it has met all regulatory requirements for its “full and fair” offer to buy Calgary-based MEG Energy.  MEG Energy photo. MEG Energy calls on shareholders to reject Husky’s offer On Tuesday, [Read more] [Read more]

Financial

Oil prices tumble on growing inventories, weaker demand

December 18, 2018 Energi Staff

US oil prices were down almost 8 per cent on Tuesday on rising global crude inventories and concerns over deteriorating economic growth worldwide.  Apache photo. Oil prices weakest since September 2017 Oil prices took a [Read more] [Read more]

Opinion

Worldwide coal demand likely stable through 2023: IEA

December 18, 2018 Energi Staff

The International Energy Agency predicts that global coal demand will remain stable through to 2023, despite declines in Europe and North America.  Robbie Morrison photo via Wikimedia Commons. Chinese coal demand expected to fall by [Read more] [Read more]

Opinion

Driving the sustainability push: Vitaly Khusidman, CEO of G3C Technologies

December 17, 2018 Energi Staff

The specific piece of the puzzle G3C Technologies is innovative in addressing is the harms presented by billions of tires each year that reach their end of life.  rpra.ca photo. G3C Technologies looks for and [Read more] [Read more]

Opinion

Finding the right business model for oil and gas majors in renewable energy

December 17, 2018 Energi Staff

Investments made today in renewable energy projects will help define which companies remain relevant in the energy landscape of the future.  Repsol photo. Wood Mackenzie highlights models that offer oil, gas majors highest returns in [Read more] [Read more]

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In the Spotlight

Trump Sought Canadian Submission, Not Just a Trade Deal

by Markham Hislop in Markham on Energy

The collapse of Canada-US trade negotiations was about more than tariffs. Washington’s last-minute demands sought influence over Canada’s trade, resources, industries and domestic laws—and closely matched the Trump administration’s blueprint for dominance in the Western Hemisphere. [Read more]

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