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Home2019March

Month: March 2019

energy industry
Opinion

Opinion: Look for energy industry solutions, not scapegoats

March 27, 2019 Energi Staff

The truth is: if we care about Alberta’s energy industry and the people who work in it, everyone needs to start working together. Polarization, spurious accusations, and name-calling will not make new energy projects move [Read more]

permian oil prices
News

Permian oil prices up on increased pipeline capacity

March 27, 2019 Energi Staff

An extension to the Sunrise Pipeline adding 120,000 b/d of capacity and the repurposing of the Seminole Red Pipeline from natural gas to oil has helped boost Permian oil prices in recent months. Apache photo. [Read more]

Markham on Energy

Throne Speech hints at new Notley energy narrative, but will it be enough in a hard fought election campaign?

March 19, 2019 Markham Hislop

Rachel Notley has crafted visionary, ambitious, and well-designed energy policies, but can she sell them to Albertans? Energy figured prominently in the NDP government’s Throne Speech, perhaps signalling that pipelines and petrochemicals will play a [Read more]

Markham on Energy

What is CAPP doing to counter BC anti-pipeline activists? Nothing.

March 11, 2019 Markham Hislop

CAPP has not proved McMillan’s specious claim that “we’ve had pipelines stalled or even cancelled because of a concerted effort by foreign-funded activists” The Alberta oil patch is mad as hell – and getting madder [Read more]

Financial

Oil prices rise, supported by OPEC cuts, US sanctions

March 7, 2019 Energi Staff

Oil prices rose slightly Thursday on OPEC supply cuts as well as US sanctions on crude from Iran and Venezuela, however, gains were capped by falling stock markets and concerns about weakening demand growth.  [Read more]

News

US natural gas processing plant capacity, throughput up in recent years

March 7, 2019 Energi Staff

US natural gas processing plant utilization rates stayed constant at 66 per cent from 2014 to 2017, but several states experienced significant changes, largely reflecting changes in natural gas production across regions. [Read more]

Innovation

Saudi Aramco looks to improve engines, fuels to sustain business

March 6, 2019 Energi Staff

Saudi Aramco, the state-run oil giant of Saudi Arabia, says it is looking to develop more efficient fuels and sophisticated combustion engines to help reduce CO2 emissions and secure the company’s business. [Read more]

Opinion

Opinion: Growing US trade deficit points to suppressed inflation

March 6, 2019 Energi Staff

In 2018, the US trade deficit hit $621 billion, up over 12 per cent compared to the previous year.  This is still below the record high $761 billion set in 2006.   US trade deficit worsened [Read more]

Financial

Oil prices fall on rising US crude stockpiles

March 6, 2019 Energi Staff

Oil prices slipped on Wednesday after data from the US Energy Information Administration showed a significant increase in US crude stocks, but a third draw down in gasoline inventories helped underpin crude prices.  Anadarko photo. [Read more]

News

Record 2018 US electricity generation driven by residential, commercial sales

March 6, 2019 Energi Staff

In 2018, US net electricity generation rose by 4 per cent to a record high of 4,178 million megawatthours, according to data from the US Energy Information Administration.  Pensacola News Journal photo by Joseph Baucum. [Read more]

Financial

Oil prices flat as OPEC cuts balance rising supply, weakening demand

March 5, 2019 Energi Staff

Oil prices were flat on Tuesday as the market considered the OPEC supply alongside weakening global demand and the restart of Libya’s biggest oilfield.  BP photo. OPEC announced it will likely extend its supply pact [Read more]

Markham on Energy

Ed Whittingham a champion of the new oil patch, not an ‘enemy’ of Alberta’s energy industry

March 5, 2019 Markham Hislop

Ed Whittingham with Premier Rachel Notley, left, and Environment Minister Shannon Phillips  Notley government appointed Whittingham to board of directors of Alberta Energy Regulator Ed Whittingham relaxed on a sofa in between sessions at the [Read more]

Canada

Small modular nuclear reactors could power Canadian mining industry

March 5, 2019 Energi Staff

Small modular nuclear reactors have the potential to power remote Canadian mining operations which typically rely on carbon intensive diesel generation.  Teck Resources photo. Small modular nuclear reactors could offer significant costs savings compared to [Read more]

News

Nuclear reactor restarts in Japan displace LNG imports in 2019

March 4, 2019 Energi Staff

Japanese LNG imports are declining as the country brings back online more of its nuclear reactors that were shut down after the 2011 Fukushima accident.  Tokyo Electric Power photo. Japan’s LNG imports could fall as [Read more]

Alberta

4.3 magnitude earthquake shakes Red Deer area, regulator investigating if fracking is cause of tremor

March 4, 2019 Markham Hislop

Vesta Energy hydraulic fracturing operations south of Sylvan Lake have been shut down while the provincial regulator investigates an earthquake that occurred at 5:55 a.m. Mountain Time. A spokesperson for the Alberta Energy Regulation (AER) [Read more]

Opinion

Opinion: Hedge funds carry on buying oil despite Trump intervention

March 4, 2019 Energi Staff

Hedge funds continued to boost their bullish position in crude and fuels last week despite a call from U.S. President Donald Trump for OPEC to “relax and take it easy”.  Anadarko photo by Mike Goldwater. [Read more]

Enbridge Line 3
Alberta

Bad news for Alberta: Line 3 pipeline delayed 6 to 12 months

March 3, 2019 Markham Hislop

The startup of Enbridge’s Line 3 will be delayed six to 12 months because of delays obtaining permits from the State of Minnesota, the company announced Friday.  Alberta oil producers were counting on the $9 [Read more]

Opinion

Opinion: NOPEC bills provide useful leverage for the White House

March 1, 2019 Energi Staff

NOPEC bills were introduced into the House of Representatives (HR 948) and the Senate (S 370) early last month, where they were referred to the respective judiciary committees for detailed consideration.  Bloomberg photo. NOPEC bills [Read more]

News

TransCanada puts Mountaineer XPress project into service

March 1, 2019 Energi Staff

The US$3.2 billion Mountaineer XPress Pipeline will transport 2.7 billion cubic feet of natural gas per day to the TCO Pool and Leach markets on the Columbia Gas Transmission System. TransCanada photo.  Mountaineer XPress Pipeline [Read more]

Alberta

Gibson Energy announces 500,000 barrel expansion at Hardisty Terminal

March 1, 2019 Energi Staff

On Friday, Gibson Energy  announced that the Calgary-based company has sanctioned 500,000 barrels of new tankage at its Hardisty Terminal.  Company photo. Gibson Energy brought Viking Pipeline into service ahead of schedule Gibson Energy  announced [Read more]

Posts pagination

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In the Spotlight

Alberta needs a Plan B

by Markham Hislop in Markham on Energy

Oil finally has a competitor (electricity) Alberta already has a Plan A. It’s called the Emissions Reduction and Energy Development Plan. To understand how risky it is, you need to understand OPEC’s “Oil and Gas [Read more]

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