Calgary-based CEDA, a 45-year old industrial services company with 2,000 employees, has purchased Breakthrough Oilfield Services Ltd. as part of its strategy to expand its geographic presence and service offerings in key resource plays within the Western Canada [Read more]
India’s solar efforts are part of larger effort worldwide to shift away from fossil fuels for production of heat The production of heat accounts for around one half of energy demand around the globe – [Read more]
The United States and China are ratcheting up trade war tensions between the two economic superpowers. An analyst with JTD Energy said some Chinese refiners may buy crude from Iran and are “not going to [Read more]
China opted to not include US LNG on its list of products from the United States that will face hefty import duties beginning on Friday, but Beijing may use LNG sales later should the trade [Read more]
US President Donald Trump blames OPEC for rising gas prices and is urging the cartel to “REDUCE PRICING NOW!”. Higher gasoline prices could become a political problem for the ruling Republicans as the midterm elections [Read more]
Bob Dudley, CEO of BP, says natural gas is the best alternative to coal-fired power generation in many areas. He adds improving technologies are helping curb methane emissions. Natural gas under attack by environmentalists A [Read more]
Saudi oil output hit 10.70 million barrels per day (b/d) in June to compensate for falling Venezuelan and Libyan production due to instability in the two OPEC countries. Saudi oil output increase has angered Iran, [Read more]
One day after clearing the final regulatory hurdle for Enbridge’s Line 3 pipeline, the company says it hopes to avoid the violence seen last summer when protesters clashed with private security at the Dakota Access [Read more]
Gasoline prices are often higher in summer months when gasoline demand is higher and when federal and state environmental regulations require the use of summer-grade gasoline, which is more expensive to manufacture. KSCJ.com photo. Gasoline prices [Read more]
An official with the government of Iran said removing Iranian crude from the global oil market by November is not possible, based on the volume of exports. Irna.ir photo. 2.5 million barrels of Iranian crude, [Read more]
Improving air pollution will be a key driver of gas demand, especially in emerging markets Strong demand growth from China, greater industrial demand, and rising supplies from the United States, will transform global natural gas [Read more]
US added just under 50% of new reserves, Canada added less than 6% In 2017, a group of the world’s largest publicly traded oil and natural gas producers added more hydrocarbons to their resource base [Read more]
US Energy Secretary Rick Perry says he is concerned that the OPEC deal agreed to on Saturday may not be enough to relieve global oil markets. The cartel, along with oil supply cut participants, agreed [Read more]
Thousands of barrels of crude leaked into swollen floodwaters after a BNSF Railway train derailed in southern Lyon County in northwestern Iowa on Friday. The Iowa oil spill forced the evacuation of residents from neighbouring [Read more]
According to a report by Reuters, about a dozen Tesla solar facilities will be closing and the Palo Alto-based company is also ending its retail partnership with the Home Depot. Tesla photo. Tesla solar offices [Read more]
Just ahead of the OPEC meeting on Friday, participants at the cartel’s ministerial committee meeting say they are getting closer to an agreement that would likely see OPEC output increase by about 1 million b/d. [Read more]
Venezuelan Oil Minister Manuel Quevedo said on Thursday that US sanctions against the OPEC country are an attack on the stability of the global oil market. PDVSA photo. US sanctions imposed on Venezuela following recent [Read more]
As of Wednesday, over 80 tankers were anchored off the Venezuelan coast waiting to load about 22 million barrels of crude and products for export. Earlier in the month, the backlog hit 24 million barrels. [Read more]
On Wednesday, the Chinese government announced it will shut down small-scale coal burning in two of the countries northern, coal-dependent provinces by 2020. PM2.5 emissions high in coal burning regions China says it plans to [Read more]
US shale producers and energy analysts are concerned that Chinese threats to slap tariffs on US petroleum products will cut into their sales to their largest customer. US shale producers anxious as Beijing puts Trump’s [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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