Higher shipments to US Gulf Coast refineries could narrow WCS differential caused by shipping bottlenecks International accounting firm Deloitte says that low prices for Canadian heavy crude oil could be offset by higher exports to [Read more]
Global petroleum consumption grew by 1.4MM b/d in 2017 (to 98.4MM b/d), will grow by 1.7MM b/d in 2018, 1.6MM b/d in 2019 The U.S. Energy Information Administration’s Jan. Short-Term Energy Outlook forecasts Brent crude oil to average [Read more]
As U.S. attempts to move back towards coal, China moving away China has continued to be the world’s dominant force in the building and financing of clean energy technology globally in 2017, according to a report published [Read more]
6 utilities collectively called on EU to increase renewable energy target of 35% by 2030 By IEA Energy Investment Analysts Michael Waldron and Yoko Nobuoka. The traditional utility business model of selling electricity from large-scale thermal power plants and expanding [Read more]
American millennials buy new vehicles at half the rate of those aged 35 to 54 Canada’s motor vehicle manufacturing industry is facing declining demand from U.S. consumers and uncertainty surrounding trade relations is raising questions [Read more]
Batteries can help balance electricity supply and demand on multiple time scales Driven largely by installations over the past three years, the electric power industry has installed about 700 megawatts (MW) of utility-scale batteries on the U.S. electric [Read more]
Oil tanker fire began Saturday night Rescue crews are struggling to control an oil tanker fire after the Suezmax tanker collided with a grain ship off the east coast of China on Saturday. The remains [Read more]
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