According to the US Energy Information Administration, wind, natural gas and solar will make up the bulk of new utility-scale electric generating capacity additions. Repower photo by Jan Oelker. Wind to account for 46% of US [Read more] [Read more]
The exceptional rally in natural gas prices during the late summer and early autumn has unwound, leaving gas prices back at the low level that has prevailed for the last three years. Natural gas prices [Read more] [Read more]
TC Energy CEO Russ Girling says the name change will better reflect the “breadth of our business and acknowledges our proud history of safely and responsibly delivering the energy that millions of North Americans rely [Read more] [Read more]
Despite moves by the Trump administration to relax regulations on emissions from coal-fired plants, coal plant retirements in 2018 made up the bulk of power generation shutdowns. Bloomberg photo by Krisztian Bocsi. Coal plant retirements in 2018 [Read more] [Read more]
The Rhodium Group released a report on Tuesday which showed US CO2 emissions rose in 2018 after falling for the previous three. Cold weather and rising fuel demand were blamed for the increase. CO2 emissions [Read more] [Read more]
Hal Harvey,with co-authors Robbie Orvis and Jeffrey Rissman, of Energy Innovation released the book Designing Climate Solutions: A Policy Guide for Low-Carbon Energy in November. EnergyInnovation.org image. Designing Climate Solutions a “easy to comprehend explanation of the necessary path [Read more] [Read more]
Oil prices climbed over 2 per cent on Thursday as investors grew more confident the US and China will resolve the months-long trade dispute that has hampered the global economy. Baytex photo. Oil prices up [Read more] [Read more]
On Monday, Suncor reported record-breaking production of 831,000 boe/d for the fourth quarter of 2018. The Calgary-based company also reported record quarterly crude throughput of 468,000 bbls/d. Suncor photo. Suncor reports refinery utilization hit 101 [Read more] [Read more]
During January 2018, natural gas spot prices spiked in the Northeast as a period of prolonged cold weather affected much of the eastern United States. Prices rose again in November due to colder-than-normal temperatures. Natural gas prices rose significantly [Read more] [Read more]
Concerns about slowing global economic growth are outweighing OPEC+ supply cuts, prompting hedge funds to cut bullish positions in Brent crude futures during the final week in December. Anadarko photo. Hedge funds cut positions in [Read more] [Read more]
Oil prices rose on Friday as trade talks continued between the US and China, easing some investors concerns about a global economic slowdown. However, gains were capped on data showing a rise in US refined [Read more] [Read more]
Encana reported on Thursday that it has completed the sale of its San Juan asset in New Mexico to Denver-based DJR Energy. Encana sale valued at $480 million Encana says its $480 million sale of [Read more] [Read more]
The pace and extent of the changes for oil product demand forecast in the International Energy Agency’s New Policies Scenario pose a significant test to refiners. Phillips 66 photo. Oil product demand for “top of [Read more] [Read more]
Average US gasoline prices declined for 12 weeks in a row at the end of 2018, which marked the longest consecutive weekly drop since the 17-week decline from October 2014 through January 2015. Shell photo. [Read more] [Read more]
There are signs that the dollar’s rise may be coming to an end as trade tensions with China weigh and pressure to raise rates dissipates, lifting prospects for oil prices to recover. BP photo. Oil [Read more] [Read more]
Overall OPEC production fell in December according to a survey by Reuters, mostly due to a 400,000 barrel per day cut made by Saudi Arabia. Iran and Libya posted involuntary production declines. Reuters file photo [Read more] [Read more]
The latest assessment estimates that there are around 350 billion tight oil barrels that are technically recoverable outside the United States (triple the amount in the United States). Anadarko photo. US tight oil production expected [Read more] [Read more]
Energy commodity prices fell sharply in October on market concerns of a blooming crude glut and slowing global economy. Anadarko photo. Energy commodity prices rose by 25 per cent from Jan. to Oct., but ended [Read more] [Read more]
Oil prices fell quickly after peaking in early October due to concerns over slowing global economic growth coupled with a growing crude oil surplus. Anadarko photo. Oil prices peaked on October 3 By Matt French [Read more] [Read more]
Unless policy makers reverse course and start adopting a more business-friendly approach, a further global slowdown or even a recession is more likely than not in 2019. The Washington Post/Getty Images photo by Jabin Botsford. [Read more] [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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