Iran oil production and exports have dropped since the Trump administration announced last May that it would quit the nuclear deal and re-impose sanctions on Iranian crude exports. AFP photo by Atta Kenare. Iran oil [Read more]
Hedge funds and other money managers cut their combined net long position in the six most important petroleum futures and options contracts by 133 million barrels in the week to Oct. 16. Total photo. Hedge [Read more]
The IEA report addresses how LNG markets are reshaping shipping needs. The risk of a lack of timely investment in the LNG carrier fleet could pose a threat to market development and security of supply. [Read more]
The pressure of growing cities includes rising home ownership or rental costs, worsening air quality, road congestion and over-burdened transit operations. Toronto Star photo by Richard Lautens. Public transit investments generate highest return for growing [Read more]
In a report by a coalition of environmental groups from Canada and the US, the authors argue that while BC has long known about the importance of cutting methane emissions, it now has the regulatory [Read more]
Saudi Arabia has been able to boost its oil output, however, shortfalls from Iran, Venezuela and Angola mean that increased OPEC output pledges may not be met. Total photo. Trump looks for higher OPEC output [Read more]
Not only is supply short of demand, British Columbians often can’t even find EVs to test drive. Others are left waiting months to get their hands on a new model, while many dealerships seem unaware [Read more]
Some US manufacturing businesses are less able to respond to changes in regulations and market conditions because of reduced fuel-switching capabilities. General Motors photo. US manufacturing natural gas use rose beginning in the mid-90s By Robert [Read more]
A report by the International Energy Agency finds that energy efficiency gains alone could allow the world to extract twice as much economic value from the energy it uses compared to today. Shutterstock photo. Global [Read more]
Heading into the 2018-19 winter, US natural gas stocks are at their lowest level in 15 years. As a result, benchmark prices have been pushed to their highest point in almost nine months and some [Read more]
Exxon Mobil is looking to take advantage of rising Ching LNG demand by expanding its liquified natural gas operations in Papua New Guinea and Mozambique and building its first import and storage hub in China. [Read more]
Since the lifting of a decades-old ban on crude exports at the end of 2015, Houston has emerged as a major physical crude oil trading hub. Houston Chronicle photo by James Nielsen. Houston oil trading [Read more]
BC natural gas pipeline explosion near Prince George, British Columbia occurred on Oct. 9. One of two Enbridge pipelines remains shuttered following the blast, impacting the natural gas supply, electricity generation and petroleum refining in [Read more]
Oil prices have calmed as Saudi Arabia and other Gulf oil producers have increased their production and a number of refiners in Turkey, India and China are negotiating with US officials for waivers to buy [Read more]
The Community Economic Development Corporation, or CEDC, tax credit will benefit local investors putting money into startups or expansions of Alberta businesses. HighRiver.ca photo. CEDC offers 30 per cent tax credit to Albertans investing in [Read more]
Wall Street is trimming third quarter forecasts for oilfield services companies who are struggling as oil companies continue to pressure their suppliers to reign in costs. Anadarko photo. Oilfield services companies showing weakness in well completions [Read more]
NOPEC, or No Oil Producing and Exporting Cartels Act has been dormant for years as past presidents have signalled they would veto any move to pass the legislation. Anadarko photo. NOPEC could open OPEC up [Read more]
Petrochemical products are manufactured from raw materials (oil and natural gas) to feedstocks, basic chemicals, chemical intermediates (derivatives), and ultimately final products, including plastics, rubbers, resins, synthetic fibers, adhesives, dyes, detergents, pesticides, and petroleum-derived paints and [Read more]
Green hydrogen can be critical to the energy transition because it can be used in industry as a feedstock and could be a better solution than electric vehicles for trucks and buses. Zero_org graphic via Flickr. [Read more]
As the use of natural gas fired power plants rises, a number of coal-fired power plants have been retired. ELP.com photo. Natural gas prices drop below coal prices, boosting gas use at natural gas fired [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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