Shares in Suncor got a boost after investors learned that Berkshire Hathaway bought over 10 million shares in the company during the final quarter of 2018. Suncor photo. Warren Buffett’s investment company bought 10.8 million [Read more]
Petro-Canada announced on Wednesday that in the coming year, it will be the first company to offer an EV fast charger network from Nova Scotia to British Columbia. Petro-Canada photo. 50 EV fast charger network [Read more]
Last August, production of condensate and pentanes plus in western Canada reached an all-time high of 414 thousand barrels per day (Mb/d); 35 per cent higher than August of the previous year. Nexen photo. Most [Read more]
Calgary-based Pieridae Energy announced the Nova Scotia Mi’kmaq Benefits Agreement it entered into with the Assembly of Nova Scotia Mi’kmaq Chiefs has been ratified. Goldboro LNG will produce LNG for sale to Europe and other [Read more]
Globally, there are now 18 large scale carbon capture and storage facilities in operation, and approximately the same number proposed for development. SaskPower photo. IEA sees carbon capture vital to meeting global climate targets This article was published [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]
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]
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]
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]
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]
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]
For every four electric cars sold, there is one electric truck sold. In Canada, there are fewer models of electric trucks and SUVs available to Canadians. Workhorse Group photo. No pure electric truck models available [Read more] [Read more]
Overall investment in Canadian energy sector will increase thanks to LNG Canada project, Coastal GasLink pipeline Falling investment in the Alberta oil patch because of lower oil prices and pipeline capacity problems are part of [Read more] [Read more]
Pembina Institute applauds the government of Canada’s decision to phase-out of coal fired power nationwide by the end of December, 2029. Getty Images photo. In 2016, coal fired power produced less than 10 per cent [Read more] [Read more]
Lost in the media noise generated by Rachel Notley’s announcement that Alberta is chasing a bitumen refinery project was a study from consulting firm IHS MarkIt that was good news for the oil sands. Heavy [Read more] [Read more]
Canadian propane demand could increase by more than 50% by 2025 From extraction to end-use, Canada’s propane industry supports a significant level of economic activity. A new Conference Board of Canada report finds that propane [Read more] [Read more]
More than nine-in-ten Canadians say marine shipping is generally ‘safe’, but many say they have reservations about shipping oil. Trans Mountain Pipeline photo. Uncertain trade between Canada and US boosts importance of marine shipping The [Read more] [Read more]
Western Canadian Select crude is typically priced lower than other crudes because of its quality. Recently, WCS prices fell substantially because of planned maintenance and rising production. Suncor photo. WCS prices up on Monday following [Read more] [Read more]
Currently, electricity accounts for 40 per cent of total residential Canadian energy use and is expected to grow to 42 per cent by 2040. Varistor60 photo via Wikimedia. Electrification of space and water heating will [Read more] [Read more]
The National Energy Board issued its Economics of Solar Power in Canada report which offers anyone considering solar power installations information on the financial costs of switching to the renewable energy source. Economics of Solar [Read more] [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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