The Doug Ford government in Ontario framed its reversal of carbon pricing and clean energy programs as an attempt to “save the little guy”, but it may have inadvertently thrown its economy in reverse while [Read more]
Cyclical indicators point to slower, uneven growth in the global economy for the rest of this year and into 2019. This likely means the rise in oil consumption will moderate, especially for distillates like diesel. [Read more]
In the oil market, net long positions have been cut in 11 of the last 16 weeks, with a total reduction of 380 million barrels, or 27 per cent, since April 24. Anadarko photo. Hedge fund [Read more]
US refineries are running at record levels in response to robust domestic and international demand for motor gasoline and distillate fuel oil. Phillips 66 photo. US refineries responding to high demand for motor gasoline and [Read more]
Oil prices rose in trading on Friday as investors grew more concerned about tightening crude supplies on looming US sanctions against Iran and worldwide trade spats weighed down the market. Apache photo. Oil prices up [Read more]
According to the US Energy Information Administration, US natural gas pipeline exports to Mexico have grown from 0.9 Bcf/d in 2010 to more than 4.3 Bcf/d through April 2018. Natural gas pipeline capacity into the South [Read more]
To be as efficient as possible, refineries are normally designed to process a particular grade of crude oil rather than be able to refine all types of crude oils, which are quite variable in quality. [Read more]
Cenovus says that proceeds from the sale of Pipestone will go towards cutting the company’s $9.5 billion debt. Calgary Sun/Postmedia Network photo by Jim Wells. Pipestone, Wembley natural gas and liquids business located in northwestern Alberta [Read more]
China’s main crude importer, Sinopec, says it is relieved that Beijing decided to not put US crude on the list of items subject to a tariff in the escalating trade war with the Trump administration. [Read more]
The prospective drop in supply of crude due to the Trump sanctions on Iran has failed to lift oil prices as traders focus on compensating increases in production from Saudi Arabia and Russia, as well [Read more]
On Thursday, Saudi Arabia’s Energy Minister Khalid al-Falih said the diplomatic dispute between Canada and Saudi Arabia will not impact any Canadian imports of Saudi Arabian crude. AFP photo by Fayez Nureldine. Saudi Arabia expelled [Read more]
Oil prices slipped on Thursday as the ongoing trade dispute between the United States and China continued to weigh on the market. Equinor photo. Oil prices settled slightly down from Wednesday’s values Oil prices fell [Read more]
Pipeline shortages, unprofitable, high breakevens for many shale producers, trouble accessing capital, high debt levels – does this sound like a model Canada should encourage? The Alberta oil and gas industry’s United States fetish is [Read more]
The Trump administration abandoned the Iran deal in May and vowed to re-impose US sanctions against Tehran. US President Trump warned that companies doing business with Iran will be barred from the US. Reuters photo. [Read more]
If the price of oil climbs high enough, some producers locked into contracts signed when oil prices were lower could find themselves losing money, not just making less. Anadarko photo. Many oil producers entered into contracts at [Read more]
Oil prices fell on Wednesday on escalating trade tensions between the the Trump administration and Beijing and data showing a drop in energy demand in China. Getty Images photo. Oil prices down over 3 per [Read more]
Annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines declined, while construction costs for natural gas generators increased slightly. SolarPowerManagement.net photo. Construction costs for solar photovoltaic (PV) projects have steadily decreased since [Read more]
HSBC continues to offer investment funds in Russian equities to Canadian clients. These funds are weighted more than 40 per cent to Russian energy, with holdings in Gazprom, Lukoil and Rosneft – energy brands associated [Read more]
John Kemp argues that most of the changes in the power behind the oil market can be traced back for 20 years or more, though some of them have recently accelerated, such as the recent [Read more]
The WELL Building Standard was created as a voluntary third-party rating system, much like LEED, but this standard was the first to focus entirely on the health and wellness of occupants. WELL Building Standard focusses [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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