Oil prices fell on Tuesday after Saudi Arabia and Russia announced that participants in the OPEC pact may boost their production by 1 million barrels per day to compensate for Venezuelan and Iranian supply shortfalls. [Read more]
Record high US crude exports to Asia are cutting into traditional Russian and OPEC markets and the widening discount between Brent crude and WTI prices is encouraging buyers to diversify. Bloomberg News photo by Eddie [Read more]
Oil prices slipped to multi-week lows on Monday after Saudi Arabia and Russia announced they may increase their output and government data showed US production continues to rise. Statoil photo. Oil prices fall in thin [Read more]
By participating in programs offered by Energy Efficiency Alberta, Albertans can see a net financial benefit from the carbon levy, as the bill savings offset the levy costs. SolarAlberta.ca photo. A new energy efficient economy [Read more]
Douglas Black, elected Senator from Alberta, says pipelines like Kinder Morgan’s Trans Mountain are part of balancing Canada’s resource-based economy and climate agenda. Trans Mountain photo. BC government stalling construction of Trans Mountain pipeline By [Read more]
Oil prices fell on Friday after Saudi Arabia and Russia said they are discussing easing the crude supply cuts that have boosted oil prices in the past 18 months. Anadarko photo. Oil prices down over [Read more]
After US President Donald Trump complained about rising oil prices, Saudi Arabia and Russia are considering boosting Russian and OPEC output by about 1 million barrels per day. Anadarko photo. Russian, OPEC output curbed by [Read more]
Drag-reducing agent, or DRA, sales in the US and Canada are booming as pipeline companies struggle to get ahead of bottlenecks in their systems due to rising output. TransCanada photo. DRA sales growing by about [Read more]
China says it will import record volumes of US crude and will probably import more commodities from the United States in an effort to stave off a trade war between the world’s two top economies. [Read more]
Oil prices fell on Thursday on concerns that OPEC may decide next month to increase its output to compensate for dropping Venezuelan production and possible decreases in Iran’s crude exports. Apache photo. Oil prices buoyed [Read more]
A number of automakers have invested in Israeli startups or set up their own development centres in Israel to develop technology for autonomous cars. Reuters photo by Nir Elias. Beijing also a hotspot for development [Read more]
Matt Chester calculates increase to transportation-related carbon emissions when late-night games and early-closings of the public transit system require fans to find alternative ways home, including taxis or ride-sharing services like Uber or Lyft. Photo Library/Getty [Read more]
Oil prices along with equities and other industrial commodities fell on concerns that setbacks in US-China trade talks could undermine already fragile world growth. Apache photo. Oil prices down following EIA data report shows US [Read more]
After reporting a net income of $3.4 billion in 2017, Marathon Petroleum Corp has asked the EPA for a hardship waiver which would exempt one of its facilities from biofuels regulations. Marathon Petroleum Corp. Marathon [Read more]
While praising Shell’s overall plans to reduce greenhouse gases, a number of major shareholders urged the company to commit to firm targets to cut their GHG emissions from its oil and gas production. Shell photo. [Read more]
Oil prices rose on Tuesday after the US government imposed new sanctions against Venezuela after President Nicolas Madura was re-elected in the South American country on Sunday. Associated Press photo by Ariana Cubillos. Oil prices [Read more]
Hedge fund managers have cut their net long position in the petroleum complex in each of the last four weeks by a total of 71 million barrels, according to records published by regulators and exchanges. [Read more]
Oil prices fell slightly on Friday, but boosted by plummeting Venezuelan production, strong global demand and likely US sanctions against Iran, Brent crude was on track for its sixth straight week of gains. Statoil photo [Read more]
Kinder Morgan’s Trans Mountain pipeline project is facing fierce opposition from the BC government, environmentalists and some First Nations. Canadian Finance Minister Bill Morneau said the Canadian Pension Plan could be possible investors in the [Read more]
Oil prices hit $80/barrel during trading on Thursday for the first time since November 2014 on concerns that an already tightening market would be impacted by the Trump administration’s decision to abandon the Iran sanction [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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