Alberta Premier Rachel Notley appeared before a Senate committee considering Bill C-69 to argue that the legislation could deter investment in Canada’s oil sector. CPAC image. Bill C-69 revamps Canadian environmental approval process Alberta Premier [Read more]
The US Energy Information Administration forecasts that despite recent supply reductions, global liquid fuels production to outpace demand. Repsol photo. Saudi Arabia, Libya, Venezuela and Canada cut pack on liquid fuels production By Matthew French [Read more]
According to the Conference Board of Canada’s economic outlook, there will be weakened growth in Central Canada, Manitoba and Alberta. —while Atlantic Canada, B.C. and Saskatchewan will see increases. Reuters photo. According to The Conference [Read more]
Investors remain cautious despite reports of progress in trade talks between the United States and China and a much more dovish tone in recent comments from Federal Reserve policymakers. Looming US election, mature business cycle, [Read more]
The IEA workshop focused on four themes: the outlook for nuclear power in advanced economies; the economic position of nuclear power in mature power markets; the role of nuclear power in power systems requiring more flexible [Read more]
Dr Fatih Birol, the Executive Director of the International Energy Agency, spoke at Canada 2020’s “Global Energy Outlook 2019” this week as part of his North American tour. IEA Twitter photo. Director of International Energy [Read more]
After a tumultuous trading day on Monday, oil prices steadied on Tuesday after OPEC sources said the cartel is likely to carry on with its supply cut agreement despite a tweet from US President Donald [Read more]
Alberta renewables plan outlines how the provincial government plans to create more jobs, attract billions in new private investment and grow partnerships with Indigenous communities. StarMetro photo by Kevin Tuong. Long-term Alberta renewables plan calls [Read more]
Record high natural gas demand contributed to the largest net withdrawal of working natural gas in the Lower 48 states so far during the 2018–2019 heating season. ABC7 Chicago photo. Record high natural gas demand on January [Read more]
LNG demand is set to rise significantly, according to Royal Dutch Shell’s annual LNG Outlook report. Last year, demand for liquified natural gas rose by 27 million tonnes to 319 million tonnes, according to the [Read more]
In a tweet on Monday, US President Donald Trump warned OPEC not to tighten the oil market too much and risk another jump in oil prices that could harm the global economy. BP photo. Oil [Read more]
Oil prices fell significantly on Monday after US President Donald Trump tweeted a plea to OPEC to “relax and take it easy” and warned that the “world cannot take a price hike – fragile.” Oil [Read more]
Oil prices hit their highest level since mid-November on Friday as the market grew more hopeful that the United States and China would soon reach a deal to end the ongoing trade war. Anadarko photo. [Read more]
Blair Goertzen will retire as President and CEO of Enerflex this May. The Calgary-based company announced Goertzen will be replaced by the company’s Chief Operating Officer, Marc Rossiter. Company Twitter photo. Enerflex President steps down [Read more]
The United States government’s receipts from taxes, social security contributions, customs duties and other items fell by 0.4 per cent in 2018, as reduced tax rates more than offset the impact of an expanding US [Read more]
On Friday, the National Energy Board delivered its Reconsideration report to the Government of Canada, recommending that the Trans Mountain Expansion Project is in the Canadian public interest and that it should be approved by [Read more]
Oil prices dipped on Thursday from 2019 highs after data from the US Energy Information Administration showed the fifth weekly build in US crude stocks as well as record high US oil output. Anadarko photo. [Read more]
Methanol plants are among the most natural gas-intensive industrial end users and require natural gas both as a feedstock and for process heat. Honeywell UOP photo. Most methanol plants are located on US Gulf Coast, [Read more]
Hedge fund managers are gambling on Saudi Arabia’s determination to tighten the market and lift oil prices plus a relatively tough sanctions policy from the White House to counteract weakness from other sources. Repsol photo. [Read more]
Canadian-owned Solar Krafte Utilities Inc., says it will build two utility scale solar farms in Alberta without government power contracts or subsidies. Company photo. Solar Krafte solar farms located near Vauxhall Solar Krafte Utilities Inc. [Read more]
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