Fears about a future slowdown in the US economy have grown as the US Treasury curve has come closer to inverting, given the close correlation between slowdowns and inversions over several decades. Getty Images photo. [Read more]
Court orders Canadian govt to redo consultation with First Nations, reconsider tanker impact on killer whales In a stunning decision released Thursday morning, the Federal Court of Appeal has overturned the Canadian government’s approval of [Read more]
Oil prices were up over 1 per cent on Wednesday and Brent crude rose to its highest level in seven weeks after the US Energy Information Administration reported a drop in US crude stocks and [Read more]
Vancouver-based Westport Fuel Systems has signed development and supply agreements with Weichi Group to develop, market and commercialize a heavy-duty natural gas engine. Company image. Westport Fuel Systems engine will meet China VI emissions standards [Read more]
Average US gas prices are heading into the Labour Day weekend are at their highest since 2014 and 43 cents/gallon higher than this time last year. Average US gas prices hit $2.83/gallon on Aug. 27 [Read more]
According to a report by Reuters, the newly elected government in Mexico is considering suspending natural gas and oil auctions and building closer ties with OPEC. Reuters photo. Oil auctions opened up by outgoing President Enrique [Read more]
The IEA’s Caroline Lee says “we needn’t look far to spot the impacts of this summer’s unusually high and persistent temperatures on the energy sector”. Government of BC photo. Energy sector struggles to keep up with [Read more]
Matt Chester compiles his fantasy football team of NFL players who are have taken leadership, are advocates and innovators for energy and the environment. NFL photo. NFL fantasy team the Gang Greenest By Matt Chester [Read more]
The application of next-generation oil recovery technology at Imperial’s Cold Lake in-situ operations, improvements in reliability at its Kearl mining facility and continuous improvements in energy efficiency are expected to be key drivers behind the [Read more]
Oil prices fell slightly on Tuesday after some investors took profits on last week’s gains, however, losses were limited on a US-Mexico trade announcement. Anadarko photo. Oil prices boosted by modest increase in OPEC+ production [Read more]
A number of pipe and energy companies are complaining that the Trump steel tariffs are costing them millions of dollars and the process to obtain exemptions from the tariffs is unfair and slow moving. Reuters [Read more]
Hedge fund managers have reduced their net long position in 13 of the last 18 weeks, by a total of 508 million barrels, according to an analysis of records published by regulators and exchanges. Nabors [Read more]
Standard Lithium is also pursuing lithium brine operations in about 45,000 acres of mineral leases in the Mojave Desert in California. Company photo. Standard Lithium operating with oil and gas operators Vancouver-based Standard Lithium, reported [Read more]
On Tuesday, Equinor presented plans for transforming the Norwegian continental shelf (NCS) for continued high value creation and low emissions for the coming decades. Equinor photo. Norwegian continental shelf will enter mature phase after 2030 [Read more]
According to a report by Reuters, King Salman of Saudi Arabia has pulled the plug on the proposed Saudi Aramco IPO after a number of roadblocks proved too much for the ambitious plan. Reuters photo [Read more]
French energy company Total says it will not be investing in the US shale oil industry because of high costs and not enough human resources to tackle a new operation. Sipa Press photo. BP, Shell, [Read more]
After gains last week, oil prices flattened on Monday after an OPEC monitoring committee announced rising production amongst members of the cartel’s supply cut pact and concerns over the escalating US – China trade war. [Read more]
Saudi Arabia is the largest source of crude oil, making up almost one-fourth of crude oil trade volumes that traverse the South China Sea. Over 90 per cent of crude oil trade volumes in 2016 [Read more]
Oil prices rose by over 1 per cent in trading on Friday on signs that the Trump administrations sanctions against Iranian crude exports could significantly limit the world’s oil supply. Linn Energy photo. Oil prices [Read more]
The Permian basin in western Texas and eastern New Mexico is expected to account for more than half of the growth in crude oil production through 2019. Dallas Morning News photo. Permian basin production to [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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