During the first 10 months of 2018, US gasoline consumption was flat as rising fuel prices offset the strong economy and big gains in employment. Shell photo. US gasoline consumption averaged 9.34 million b/d between [Read more]
Oil prices fell about 3 per cent on Monday on rising US oil production and waning confidence that the US and China will soon end the trade war between the world’s two largest economies. Equinor [Read more]
According to the US Energy Information Administration, even with declines in emissions over the next two years, energy-related CO2 emissions in 2019 and 2020 are still projected to be higher than 2017 levels. Ralf Broskvar photo [Read more]
Hedge funds boosted oil and refined products buys last week on hopes of a U.S.-China trade truce and that the global economy will avoid a slowdown in 2019. Equinor photo. Hedge funds buying concentrated in [Read more]
COP24 President Mr Michal Kurtyka closes out the successful 24th Conference of the Parties by jumping over the dais in celebration. Many said the conference was a success in multilateralism and diplomacy. IISB/ENB photo by [Read more] [Read more]
According to the US Energy Information Administration, increasing coal prices and demand for coal exports, along with continued competition with natural gas, contributed to a decline in overall US coal consumption. US coal consumption in 2018 [Read more] [Read more]
Rising concerns about tightening crude supply due to turmoil in Venezuela helped boost oil prices on Friday, but an increase in the US oil rig count capped gains. BP photo. Oil prices up 1 per [Read more] [Read more]
Automakers are concerned that the US government shutdown could delay the roll out of their new vehicle models in the United States as the companies cannot get the required certifications from the EPA. Getty Images [Read more] [Read more]
On Thursday, the Government of Canada announced funding for construction of a new solar farm in southeastern Alberta that will use advanced solar technology. New solar technology will capture energy from both sides of solar [Read more] [Read more]
US oil and natural gas resources will continue to see growth in development, according to the US EIA. In its Annual Energy Outlook, the agency predicts natural gas and natural gas plant liquids will experience [Read more] [Read more]
Oil prices will be influenced by the state of the global economy as well as US shale production growth, OPEC policy, US sanctions on Iran and possible US sanctions on Venezuela. Encana photo. “Predict what [Read more] [Read more]
In response to the re-election of President Nicolas Maduro, the Trump administration is considering imposing sanctions against Venezuelan oil exports, however, refiners in the US are concerned it would be even harder to secure heavy [Read more] [Read more]
Oil prices fell slightly on Wednesday as the US stock markets continued to struggle due to concerns about a weakening global economy. Anadarko photo. Oil prices down under 1 per cent Oil prices slipped during [Read more] [Read more]
Reuters reports that Husky Energy dropped its MEG takeover bid last week despite the approval of the deal from 60 per cent of MEG Energy shareholders. MEG Energy photo. MEG takeover deal scuttled on Jan. [Read more] [Read more]
The government of Alberta has offered a $440 million loan guarantee to a Calgary-based company planning to build a 77,500 barrel per day partial upgrading facility near Edmonton. Twitter photo. Oil sands upgrader will create [Read more] [Read more]
BC Pipeline rupture and explosion on Oct. 9 impacted natural gas customers in much of British Columbia and in some of the US Pacific Northwest. CKPGToday photo. BC Pipeline restrictions on industrial and commercial consumers have [Read more] [Read more]
Oil prices fell on Tuesday as the market grew more concerned about a slowing global economy and rising US production as well as smaller-than-expected cuts by OPEC and its allies. Encana photo. Oil prices down [Read more] [Read more]
In 2016, desalinated water accounted for 3 per cent of the Middle East’s water supply, but 5 per cent of its total energy consumption. TIME photo by Spencer Lowell. Middle Eastern desalinated water technology currently [Read more] [Read more]
The US shale boom, combined with generous waivers from US sanctions on Iran’s oil exports and the sharp fall in global equity markets, “created a near perfect storm to close out 2018”, according to oilfield [Read more] [Read more]
Nissan and two European energy companies are looking to develop technology that will allow power stored in EV batteries to be sold back to the grid. Nissan photo. New EV batteries technology could help stabilize [Read more] [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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