Hurricane Florence made landfall on Friday and has since battered the Carolinas, dumping record breaking amounts of rain. The death toll has risen to 23, including 17 in North Carolina. AFP photo. The amount of [Read more]
Some teapot refineries located in the eastern Chinese province of Shandong are hoping to shift into petrochemicals, but analysts are concerned they will face massive challenges in logistics and funding. Teapot refineries squeezed by increased [Read more]
There are just too many parameters to say exactly what the refiners and the producers should do generally. – Dr. Fogwill New marine fuel regulations are likely to hit the oil sands hard beginning Jan. [Read more]
Two major Chinese companies along with a group of Alberta Indigenous communities have signed an agreement with Stantec Inc. to pursue the development of an Alberta oil refinery. Getty Images/Bloomberg photo by Kevin Lee. New [Read more]
Alberta Premier Rachel Notley announced that her government is creating 400 tech spaces for Alberta post-secondary students while speaking at the U of A’s Artificial Machine Intelligence Institute. CTV News photo. “Well-educated, talented workforce will [Read more]
Upstream oil sands GHG emissions are expected to continue to fall in the coming years. According to a report by IHS Markit, by 2030, greenhouse gas emissions in the oil sands are expected to fall [Read more]
TransCanada Corporation announced on Thursday that its Coastal GasLink Pipeline Project has signed community and project agreements with all of the elected Indigenous bands along its pipeline route in British Columbia. TransCanada image. Coastal GasLink transports [Read more]
According to the International Energy Agency, we are entering a very crucial period for the oil market due to US sanctions against Iranian crude exports, falling Venezuelan production and a fragile Nigerian oil industry. Anadarko photo. [Read more]
Oil prices are always politically sensitive in the United States, but especially now, with sanctions on Iran due to be re-imposed on Nov. 4 and congressional elections on Nov. 6. Anadarko photo. Oil prices close [Read more]
Oil prices rose on Wednesday, with Brent topping $80/barrel during the session after the US EIA reported a decline in US crude stocks and the market jitters continued over the expected fallout from the Trump [Read more]
Standard Lithium developed a system for extracting lithium from brine found in oil wells. Site testing for the system occurred in the Smackover play in Arkansas and the company says it will move the pilot [Read more]
On Monday, Suncor officials joined by Alberta Premier Rachel Notley and Energy Minister Margaret McCuiag-Boyd, opened its Fort Hills oil sand project. Government of Alberta photo. Fort Hills could generate $8 billion in royalties for [Read more]
Lack of pipeline capacity from Permian Basin to Midwest refineries and export terminals on the Gulf Coast is constraining US oil production. This, in turn, is causing the oil market to tighten at a time [Read more]
Matt Chester of Chester Energy and Policy Blog spoke with James Ellsmoor, co-founder and director of Solar Head of State, a non-profit that promotes renewable energy worldwide, with a focus on the Caribbean and Pacific [Read more]
Alberta Premier Rachel Notley along with Energy Minister Margaret McCuaig-Boyd joined officials from Nexen, First Nations companies and other local suppliers at the ceremony to kick off construction at Nexen’s Long Lake South West expansion [Read more]
Oil prices jumped over 2 per cent on Tuesday as the market grew more concerned about the global supply of crude as the date for the Trump administration’s reimposition of sanctions against Iranian crude nears. [Read more]
Recently, oil traders are increasingly concerned about the potential impact of Iran sanctions and their effect on the availability of crude at the end of this year. AP photo by Evan Vucci. Efforts to maintain [Read more]
The EV30@30 campaign aims to speed up the development of electric vehicles and has a target of at least 30 per cent of new EV sales by 2030. Shutterstock photo. EV30@30 supports market for 2-3 wheelers, [Read more]
Hengli has a quota to import about 400,000 barrels per day (b/d), the most of any independent refiner in China. It has signed contracts with Sinochem to import crude and export fuels and will work [Read more]
Hedge funds and other money managers raised their combined net long position in the six most important petroleum futures and options contracts by 47 million barrels in the week to Sept. 4. Anadarko photo. Strong [Read more]
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