United States Energy Information Administration cut its growth forecast for US crude output in 2019 from an earlier projected year-over year daily increase of 1.14 million b/d to 970,000 b/d. Linn Energy photo. US crude [Read more]
Jaden Holle; Leonard Bastien, Elder, Blackfoot confederacy; Minister of Economic Development and Trade Deron Bilous; Jessica Wilson; Lindsay Lockwood welcome participants to the Global Petroleum Show. Government of Alberta photo. New investment, partnership opportunities as [Read more]
A climate strategy that works is not simply a plan to reduce GHGs. It’s about transforming our current economy to a lower carbon economy. It’s about recognizing that there is a tremendous opportunity in embracing [Read more]
US oil prices rose slightly while Brent slipped just under 1 per cent in trading on Thursday as a rising US dollar and weakening euro pressured crude prices on Tuesday. BP photo. Brent oil prices [Read more]
The Trudeau government bought Trans Mountain pipeline from Kinder Morgan on May 29 after the company threatened to bail on construction of the Trans Mountain pipeline expansion project. Trans Mountain photo. Federal government’s financial advisor [Read more]
Data from the US Energy Information Administration shows competitive power marketers supplied about 21 per cent of the retail electricity sold in the United States in 2016, up from 11 per cent in 2005. Inigo Skies [Read more]
According to the US Energy Information Administration, distillate fuel was the most exported US petroleum product in 2017 and averaged 1.4 million b/d of gross exports. Bloomberg photo by Eddie Seal. Distillate fuel exports were [Read more]
Mike Hogan shares capacity market design basics and lessons Alberta can learn from other jurisdictions in this blog published by the Pembina Institute on June 11 2018. AESO finalizes rules for new electricity capacity market [Read more]
Alberta still has a healthy reserve margin in the electricity system with no need for immediate development and the creation of Energy Efficiency Alberta (EEA) has the province in a position to catch up on years [Read more]
Hedge funds and other money managers cut their net long position in the six most important futures and options contracts linked to petroleum prices by 72 million barrels in the week to June 5. Encana [Read more]
With production from Fort Hills, Hebron ramping up earlier than expected, Suncor well-positioned for strong production remainder of 2018 Suncor says that with the completion of major planned turnaround activities and strong production from growth [Read more]
The Alberta government is launching three new incentive programs that combine a combination of royalty credits, grants and loan guarantees designed to encourage energy diversification. AlbertaInnovates.ca photo. More petrochemicals, partial upgrading facilities part of Notley gov’t [Read more]
Matt Chester questioned claims from companies that rent out electric scooters that the “beefed up” Razor scooters are are reducing traffic congestion and cutting overall CO2 emissions. Spin photo. Electric scooters popular in a growing [Read more]
Equinor says it is hoping to supply three of its offshore platforms currently powered by gas turbines with electricity from onshore. The switch could cut CO2 emissions from Troll C and Sleipner area by over [Read more]
Oil prices were up slightly in trading on Monday even though Russia and the United States boosted their production last month. Markets remain concerned about plummeting Venezuelan crude output. Encana photo. US oil prices up [Read more]
Last month, US President Donald Trump the “highest level” of US sanctions would be implemented against Iran after the US abandoned the Iran sanction relief agreement. AP photo by Evan Vucci. OPEC asked to support [Read more]
Oil prices fell in trading on Friday after JP Morgan cut its crude price forecast, dropping its 2018 WTI forecast by $3 to $62.20/barrel and customs data from China showed lower crude imports. BP photo. [Read more]
Jet fuel prices have hit six-year highs. One reason for the increase is unique properties of US shale that refiners have to deal with when refining the plentiful crude. Alaska Airlines photo. Rise in use [Read more]
Oil prices rose on Thursday as concerns about plummeting production in Venezuela combined with hints that OPEC may not roll back its production cuts weighed on investors. Repsol photo. Brent oil prices up over 2 [Read more]
Norwegian oil and gas company Equinor says global oil demand could peak in the early 2020s if countries hit their climate goals or continue to grow into the 2050s in a “conflict-ridden world”. Equinor photo [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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