US natural gas futures jumped 13 per cent on Monday on weather forecasts calling for much colder weather through to the end of the month than were previously expected. Buffalo News photo by John Hickey. [Read more] [Read more]
Oil prices fell about 1 per cent on Monday after data from China showed exports fell by the highest amount in two years last month and imports also fell. AP photo. Oil prices fall about [Read more] [Read more]
Fund managers’ cautious positioning in oil suggests they see roughly three equal crude outlook probabilities: Resumption of strong growth; an extended soft patch; or a slump into recession. Linn Energy photo. Cautious crude outlook on [Read more] [Read more]
Oil prices fell by about 2 per cent on Friday due to ongoing concerns about a global economic slowdown, but prices are set to end the week higher on US-China trade hopes. Repsol photo. Oil [Read more] [Read more]
Iraq oil production averaged 4.5 million b/d through Aug. 2018, up from 4.4 million b/d in 2017. Iraq’s oil production has nearly doubled in the past decade. Reuters photo. Iraq oil production, consumption on the [Read more] [Read more]
By the end of last year, diesel futures held by hedge funds had fallen to a level normally associated with a sharp slowdown in economic growth if not an outright recession. Shutterstock photo. Short positions [Read more] [Read more]
The Chinese government announced on Friday that due to falling construction costs, it will launch a number of subsidy-free solar and wind power projects in 2019. ImagineChina/Corbis photo. Subsidy-free solar, wind power projects to generate [Read more] [Read more]
On Friday, the Trudeau government announced it will help fun a Saskatchewan geothermal power facility which will produce enough electricity to power about 5,000 homes. DEEP Earth Energy Production Corp., photo. Saskatchewan geothermal facility near Estevan [Read more] [Read more]
Clean BC, the government of British Columbia’s third climate plan leaves some critical questions unanswered, particularly concerning the path to zero carbon buildings by 2050. Tourism Vancouver photo. California, Oregon, Washington and BC agree to [Read more] [Read more]
Energy consumption grew rapidly in the Middle East, Asia and Africa while in North America, energy consumption grew only by 1 per cent between 2010 and 2016, and in Europe, energy use fell 4 per [Read more] [Read more]
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]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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