On Tuesday, Equinor presented plans for transforming the Norwegian continental shelf (NCS) for continued high value creation and low emissions for the coming decades. Equinor photo. Norwegian continental shelf will enter mature phase after 2030 [Read more]
According to a report by Reuters, King Salman of Saudi Arabia has pulled the plug on the proposed Saudi Aramco IPO after a number of roadblocks proved too much for the ambitious plan. Reuters photo [Read more]
French energy company Total says it will not be investing in the US shale oil industry because of high costs and not enough human resources to tackle a new operation. Sipa Press photo. BP, Shell, [Read more]
Saudi Arabia is the largest source of crude oil, making up almost one-fourth of crude oil trade volumes that traverse the South China Sea. Over 90 per cent of crude oil trade volumes in 2016 [Read more]
A government appointed commission recommended on Friday that Norway’s wealth fund should continue to invest in oil and gas companies. The announcement contradicts advice from the country’s central bank late last year to drop energy [Read more]
Reuters reports that the proposed Saudi Aramco IPO has been put on hold and financial advisors working on the listing have been disbanded. Saudi Arabia’s Energy Minister denies the claim, saying the kingdom remains committed [Read more]
The Trudeau government is challenging Canadian innovators to develop a cleaner burning, more affordable and sustainable aviation fuel. West Jet photo. Green Aviation Fuels Innovation Competition provides $2 million apiece for 4 teams with most innovative [Read more]
To be as efficient as possible, refineries are normally designed to process a particular grade of crude oil rather than be able to refine all types of crude oils, which are quite variable in quality. [Read more]
China’s main crude importer, Sinopec, says it is relieved that Beijing decided to not put US crude on the list of items subject to a tariff in the escalating trade war with the Trump administration. [Read more]
The Trump administration abandoned the Iran deal in May and vowed to re-impose US sanctions against Tehran. US President Trump warned that companies doing business with Iran will be barred from the US. Reuters photo. [Read more]
Annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines declined, while construction costs for natural gas generators increased slightly. SolarPowerManagement.net photo. Construction costs for solar photovoltaic (PV) projects have steadily decreased since [Read more]
While EIA data shows electricity sales in Puerto Rico have returned to pre-Hurricane Maria levels, residential electricity sales are lagging behind historical levels, reflecting continued outages. AP photo by Carlos Giusti. Puerto Rico blackout in [Read more]
Economic development in India is expected to have a considerable impact on future international energy markets because of the country’s large population and potential for growth. India is predicted to be one of the fastest-growing [Read more]
According to the US Energy Information Administration, 2017 was the fourth consecutive year that US coal consumption and coal shipments by all transport modes declined. William Alden III photo via Wikimedia. Electric power sector US coal [Read more]
On Thursday, California along with 18 other US states said they would take the Trump administration to court over its proposal to weaken US fuel efficiency standards brought in by former President Barack Obama. Union [Read more]
American investors are picking up discounted shale oil and gas assets on the cheap, preferring them to long-cycle oil sands investment, say US economists Oil and gas investment is falling in Alberta and rising rapidly [Read more]
In 2015, China’s industrial sector consumed 71 quadrillion Btu, projected to be 85 quadrillion Btu by 2040 in Slow Transition case, 80 quadrillion Btu in Fast Transition case As the world’s top producer of energy-intensive goods, China’s [Read more]
Houston-based Occidental Petroleum is looking at selling its pipeline assets in an effort to free up $5 billion in capital which the company would invest in exploration and production. Dallas Morning News photo. Occidental Petroleum [Read more]
A study by the Brookings Institute found that the number of people likely to ride in a self driving car is down this year from other surveys over the past year. iStockphoto image. Self driving [Read more]
China, India, Africa account for 32% of global energy consumption in 2015, 36% by 2040 China, India, and Africa are three of the most populated parts of the world and their economies collectively consume about [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
Get the eBook, The New Alberta Advantage: Technology, Policy, and the Future of the Oil Sands, written by our founder and publisher, Markham Hislop, for FREE.
Sign up now and get exclusive access to your FREE download in the next newsletter and receive Energi Media Weekly Update straight to your inbox too!
