US natural gas prices are at their highest in four years as gas stocks plummet to their lowest seasonal level for 15 years and sit at 15-16 per cent lower than the same time last [Read more]
Brent oil prices have fallen over 20 per cent in the past five weeks and WTI futures have declined for a record 11 days in a row. Total photo. OPEC talking supply cuts as oil [Read more]
No evidence to support claim that carbon tax is a “job killer” (Tombe), but there is a good argument that it’s an oil/gas “job saver” (Leach) Carbon tax (also called carbon pricing or carbon levy): [Read more]
Where resource scarcity is one of many motivations pulling the world away from extracting fossil fuels and towards renewable energy sources, clean meat can similarly be seen as a part of the solution to resource [Read more]
Over 400 oil and gas producers provided funding for the methane leak detection, quantification and repair project launched in the Red Deer area last August. CP photo by Jeff McIntosh. Methane leak study involves 30 [Read more]
Renewable diesel is an alternative fuel that is chemically similar to petroleum diesel and nearly identical in its performance characteristics. Renewable diesel has some of the largest lifecycle greenhouse gas reductions compared with other fuels By Steve [Read more]
A recent poll from Abacus Data found, 90 per cent of Canadians are concerned about climate change. But a new form of denial has risen from the ashes of the old: denying the solutions that [Read more]
In its 2018 World Energy Outlook, the International Energy Agency says improvements in the efficiency of the non-electric car fleet will cut oil demand by over 9 million barrels per day in 2040. Shutterstock photo. [Read more]
The IEA’s World Energy Outlook 2018 details global energy trends and what possible impact they will have on supply and demand, carbon emissions, air pollution, and energy access. Invew Group photo. Oil consumption growing for decades due [Read more]
Volkswagen says it will offer its WV EV for under $23,000. The company says by converting three of its factories to build electric vehicles, it will protect German jobs and rival US upstart Tesla. VW [Read more]
Hedge funds now hold fewer than four bullish long positions for every short bearish one in the oil market, down from more than 12:1 at the end of September and the lowest ratio since August [Read more]
Saudi crude shipments are expected to be reduced in December by 500,000 barrels per day next month, according to the kingdom’s energy minister. Bloomberg photo. Saudi crude shipments cut in response to lower seasonal demand [Read more]
Oil prices fell on Friday as the global crude supply increased and investors grew more concerned about slowing fuel demand. Repsol photo. Oil prices down about 20 per cent since beginning of October Oil prices [Read more]
Photo source: The Spokesman-Review “The Court’s decision to withdraw the permit and stop construction on the Keystone XL pipeline in Indigenous Environmental Network, et al. v. U.S. Department of State is a major blow to the ultimate completion [Read more]
Oil prices fell on Thursday as investors grew more concerned about bulging global oil supplies which are increasing faster than experts had forecast. Anadarko photo. Oil prices down over 1 per cent Oil prices dropped [Read more]
Tesla announced on Wednesday that Robyn Denholm, current finance chief at Telstra Corp., has been promoted to chairwoman at the electric vehicle company. The Australian photo. Robyn Denholm has been an independent director at Tesla [Read more]
In October, Chinese crude imports jumped by 32 per cent over this time last year, hitting 40.80 million tonnes, or 9.61 million barrels per day (b/d). AP photo. Chinese crude imports rise as teapot refineries [Read more]
Equinor and its partners, Husky and Suncor, were the successful bidders for new exploration parcels in the prolific Jeanne d’Arc basin, offshore Newfoundland. Company photo by Oyvind Hagen. Equinor has been active in Canada since [Read more]
US budget deficit hit $779 billion in Fiscal Year 2018 and climbed from 3.5 per cent of GDP in 2017 to 3.8 per cent of GDP. Government receipts increased by just $14 billion while outlays rose [Read more]
On Tuesday, Imperial Oil announced it is going ahead with its $2.6 billion Aspen oil sands project. Construction on the SAGD project is expected to begin before the end of the year. CP photo by [Read more]
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