Petroleum accounts for 56% of island’s power generation mix , geothermal is 20%, wind is 11%, small-scale solar photovoltaic is 9%, hydropower is 5% Lava flows from the Kilauea volcano on the island of Hawaii led to [Read more]
China, India, Africa account for 32% of global energy consumption in 2015, 36% by 2040 China, India, and Africa are three of the most populated parts of the world and their economies collectively consume about [Read more]
Oil prices slipped on Monday after initial increases on US – Iran tensions. Oversupply concerns wiped out the early gains as Saudi Arabia and other large producers ramp up their production. Saudi Arabia Oil Company [Read more]
Shares in Halliburton dropped over 8 per cent on Monday after the oil and gas drilling company said it anticipates moderate growth in the Permian Basin and lower earnings in the upcoming quarter. Halliburton shares [Read more]
Two oilfield service giants, Schlumberger and Baker Hughes did not meet second quarter revenue forecasts as slow international growth overshadowed record US crude production. Company photo. Baker Hughes total Q2 revenue $5.55 billion Schlumberger and [Read more]
Hedge funds have slashed bullish long positions in petroleum at the fastest rate in more than a year, as the gentle profit-taking in previous weeks turned into a rush for the exit. Equinor photo. Hedge [Read more]
Given the fervour with which Trump supported the coal industry on the campaign trail and continues to push measures intended to save the economically-maligned U.S. coal industry, Matt Chester says he found the lack of [Read more]
Air conditioning costs ranged from an average of $525 in the hot-humid region in the Southeast to about $60 in the temperate marine region along the West Coast. Air conditioning equipment used in 87 per [Read more]
Demand for crude oil will peak by 2036. How will a govt led by Jason Kenney prepare Alberta energy to compete in a rapidly changing market? “Make no mistake – I will go to the [Read more]
Isabelle Turcotte of the Pembina Institute says she is disappointed that the Ontario and Saskatchewan governments walked away from the opportunity to design carbon pricing policies. Pembina Institute reacts to the joint statement from Ontario [Read more]
Increase in major utilities on US electric distribution systems largely driven by increases in capital investment, which nearly doubled between 1996 and 2017. Utilities upgrading US electric aging equipment This article was published by the [Read more]
Oil prices in most oil-consuming countries are rising much faster than the international benchmark prices quoted in US dollars due to a stronger greenback. iStockphoto photo. Rising oil prices will foster demand restraint By John [Read more]
RF XL uses no water or solvent, small physical footprint, can be adapted to many reservoir types, expected to reduce or eliminate GHGs New technology like Acceleware’s RF XL radio frequency heater be key to Alberta’s efforts to reduce greenhouse [Read more]
Oil prices steadied in trading on Friday as the US dollar slipped and Saudi Arabia reported it will be exporting less crude in August, outweighing concerns about trade tensions between the Trump administration and China. [Read more]
South Korea LNG imports are expected to fall in the second half of the year as a number of nuclear power stations are set to come back into service. South Korea LNG imports up nearly [Read more]
Although Crossover utility vehicles and cars are built on similar platforms, CUVs often have slightly lower fuel economy than their comparable sedan counterparts, even when they are equipped with the same engine and transmission. Toyota [Read more]
Amarjeet Sohi, new federal natural resources minister from Edmonton Zoe Caron formerly worked under Gerry Butts in WWF Canada, is prominent environmentalist Canada has a new minister responsible for energy infrastructure – read, pipelines – [Read more]
The escalating trade war between the Washington and Beijing is cutting into US liquified natural gas exports bound for China as fewer vessels carrying US LNG have sailed for the Asian country over the past [Read more]
Canadian Natural Resources Limited, or CNRL, announced on Thursday that its Athabasca Oil Sands project has hit a production milestone of 1 billion barrels. Shell photo. Athabasca Oil Sands project owned by CNRL, Chevron, Shell [Read more]
Shipments of Canadian crude to Asia are usually rare, however, in recent months, cargoes have increased with tankers heading to China, Thailand and South Korea. Kinder Morgan photo. Canadian crude exports to China hits 16,600 [Read more]
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