Keystone XL has been granted permission by the National Energy Board to begin winter clearing work on the North Spread are of the project. Great Falls Tribune photo by Rion Sanders. Keystone XL to transport [Read more] [Read more]
Oil prices teetered between slight gains and small losses on Monday on OPEC production cuts, but data showing a slowdown in China somewhat dampened investors’ enthusiasm. ConocoPhillips photo. Gains in oil prices reined in by [Read more] [Read more]
Hedge funds have started to accumulate bullish positions in crude oil and diesel once more, amid rising optimism about the outlook for the global economy in 2019. ConocoPhillips photo. Hedge funds, investors optimistic about future [Read more] [Read more]
The oil market has been somewhat rebalanced by OPEC’s supply cut agreement, which will see participants cut the group’s total production by at least 1.2 million barrels per day. Getty Images photo by Akos Stiller. [Read more] [Read more]
According to the US Energy Information Administration, natural gas prices in the forecast are expected to be comparable with recent years as production growth largely keeps pace with demand and export growth. Forecast natural gas prices [Read more] [Read more]
The US Energy Information Administration projects that the share of total U.S. electricity generation produced by all renewables other than hydropower will increase by three percentage points during the next two years. BP photo. Renewables [Read more] [Read more]
On Friday, the National Energy Board announced it has rejected a request from the City of Burnaby to rescind two orders that allow the Trans Mountain pipeline to work on pipeline relocations and decommissioning works [Read more] [Read more]
Albertans deserve the truth about why the Trans Mountain Expansion pipeline is stalled. Not half-truths and distortions, not fully-baked conspiracy theories, the truth. Unfortunately, they are not getting it from Vivian Krause, Licia Corbella, and the Calgary Herald. [Read more]
On Thursday, Husky Energy shocked investors when it announced it will abandon its hostile bid for MEG Energy. Husky announced last fall its intention to takeover the oilsands company, now says it could not win [Read more] [Read more]
Brent’s six-month calendar spread has strengthened from a contango of almost $1.80 per barrel to just 35 cents over the same period, suggesting OPEC cuts have succeeded in shifting market expectations about the 2019 outlook. [Read more] [Read more]
During the first two years of the Trump administration, more US coal fired power plants were shuttered than in the entirety of former President Barack Obama’s first term. Washington Post photo by Meg Kelly. over [Read more] [Read more]
Oil prices steadied on Wednesday after Tuesday’s gains of 3 per cent, however EIA data shows growing US refined product stockpiles and growing US production, which could undermine efforts to rein in a growing crude [Read more] [Read more]
Oil prices are expected to slowly gain in value and hit $65/barrel by 2020, according to the US Energy Information Administration. Baytex photo. By Stacy MacIntyre and Tim Hess EIA’s January Short-Term Energy Outlook forecasts that world [Read more] [Read more]
Unless policymakers either lower US interest rates or conclude trade talks between China and the US, the global economy’s momentum will continue to slacken and push it towards recession. OECD composite leading indicator down, points [Read more] [Read more]
Source: Angus Reid, Six-in-ten Canadians say lack of new pipeline capacity represents a crisis in this country Pipeline group says industry must engage better with Canadians at very time much of Alberta wants a tougher stance [Read more]
Oil prices rose by over 2 per cent on Tuesday after China announced it will introduce a $586 billion stimulus package to help stabilize its slowing economy. Apache photo. Oil prices reverse Monday’s losses Oil [Read more] [Read more]
According to the United States Energy Information Administration, US oil production is expected to hit 12.9 million barrels per day next year. US oil production averaged 10.9 million b/d in 2018 US oil production is [Read more] [Read more]
The change in marine fuel specification is expected to put upward pressure on diesel margins and modest upward pressure on crude oil prices in late 2019 and early 2020. Marine fuel sulphur regs limit sulphur [Read more] [Read more]
Despite the recent slump in oil prices, forecasts have edged down by less than $5 per barrel compared with the last annual survey conducted at the start of 2018 and have changed little over the [Read more] [Read more]
Volkswagen EV production will begin at the company’s Chattanooga facility in 2022. The German automaker says it will invest $800 million in its Tennessee facility, making it VW’s first electric vehicle facility in North America. [Read more] [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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