During the first half of 2018, US crude oil surpassed hydrocarbon gas liquids as the largest US petroleum export. 1.8 million barrels per day (b/d) of crude oil were exported in the first half of [Read more]
On Monday, Encana announced it will sell its San Juan basin assets for $480 million to DJR Energy of Denver. Encana photo. Encana deal “adds to our financial strength”: President and CEO Doug Suttles Calgary-based [Read more]
As part of a $6.4 billion deal, Husky Energy announced on Monday a proposal to acquire all outstanding shares of MEG Energy for $11/share. Company photo. Husky, MEG Energy company will have a total upstream [Read more]
By 2020, most oil refiners will cut their production of high-sulphur fuel oil, or HSFO, to comply with new rules under introduced by the International Maritime Organization to curb air pollution. Currently, the global shipping [Read more]
Positive FID on LNG Canada will lead to more West Coast liquefaction facilities, good news for Alberta gas producers Don Braid’s Sunday column in the Calgary Herald on LNG Canada is problematic for anyone who [Read more]
Tzeporah Berman and Jason Kenney Oil sands CEOs cut deal (climate policy for no production cap) with ENGOs and other oil/gas companies were not invited to the table Jason Kenney is cranking up his Tzeporah [Read more]
US oil production rose to a record high of 10.964 million barrels per day (b/d) in July, mostly due to record output in Texas and North Dakota. Drones of Texas photo via YouTube. US oil [Read more]
Tesla shares fell over 14 per cent on Friday after company Chairman and Chief Executive, Elon Musk, was charged by the US Securities and Exchange Commission with fraud on Thursday. AP photo. Tesla shares plunge [Read more]
Brent oil prices topped $83/barrel during trading on Friday as the market “came to grips with the fact that the Iranian sanctions are not that far away,” Phil Flynn of Price Futures Group told Reuters. [Read more]
Oil prices were up on Thursday as investors considered the expected global crude shortfall as the Trump administration’s sanctions against Iranian crude exports near. Total photo. Oil prices rise ahead of US midterm elections On [Read more]
According to a report by Reuters, Saudi Arabia is set to quietly add extra crude to the market in the coming months, however, the kingdom is worried that rising US production will lead to an [Read more]
In talking with the bigger oil and gas companies, more efficient ICEs (internal combustion engines) will definitely have the biggest impact on oil demand today compared to BEVs (battery electric vehicles) just because of the [Read more]
Calgary’s Cenovus Energy says it has signed three-year agreements with major rail companies to ship about 100,000 b/d of heavy crude from Alberta to the US Gulf Coast. Company photo. Cenovus says rail strategy will [Read more]
In testing, the Cummins Westport ISX12N 400 hp natural gas engine met and exceeded the California Air Resources Board’s optional Low NOx standard. The Vancouver-based company says its engine is “one of the cleanest and [Read more]
Political support from the Trump administration has not boosted US coal consumption, in fact, it continues to fall as power producers shut down coal-fired units in favour of cheaper and more flexible natural gas and [Read more]
Oil prices fell slightly on Wednesday after data from the US Energy Information Administration showed an increase in crude stocks, however, the Trump administration’s looming sanctions on Iranian crude exports continue to unsettle the market. [Read more]
KeepCool Bags founder Pierre Barlier has spread his eco-conscious thinking and established his brand as the leader in reusable shopping bags to major mass retailers. Keep Cool Bags photo. Modern reusable shopping bags use sustainable materials [Read more]
The elevated electricity demand this past summer contributed to the highest wholesale electricity prices in at least the past 10 years. And many western US states experienced drought conditions, which led to a decline in [Read more]
Minister Feehan and MLA Bruce Hinkley along with members of the Ermineskin Cree Nation Council and Neyaskweyahk Group board in front of the new solar array. Government of Alberta photo. Solar panel system will save [Read more]
Just over half of Canadians polled say governments should offer more EV incentives, rather than leaving the price and popularity of such vehicles completely to the free market. Natural Resources Canada photo. More than half [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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