Combined Canadian and U.S. storage inventories totaled 1 964 billion cubic feet in May, 22% below 5-year average Due to a cold winter this year, natural gas inventories remain below the 5-year average heading into the [Read more]
Since Enbridge announced it would not implement a new procedure to keep producers from claiming more space than they need on the Mainline system, Canadian crude jumped over $12/barrel. Bloomberg photo by Matthew Staver. Canadian [Read more]
There is a growing opportunity for Canada to serve growing Chinese demand for LNG A new University of Calgary report says there is a rapidly growing demand for liquid natural gas (LNG), which could be [Read more]
The Canada Pension Plan Investment Board has entered into a 50-50 joint venture with Votorantim Energia, to invest in Brazilian renewable energy projects. Photo courtesy of ABEEólica. Investment in Brazilian renewable energy at a time when country [Read more]
Brent oil prices fell on Tuesday while US West Texas Intermediate rose slightly after the US government asked Saudi Arabia and other major crude exporters to boost their production to cool rising gas prices. Anadarko [Read more]
Among homes that have swimming pool pumps, equipment consumes 8% of total electricity used each year Results from the 2015 Residential Energy Consumption Survey (RECS) introduced estimates of energy consumption for an expanded list of energy end [Read more]
Competitors of Alberta heavy crude oils – Venezuela, Iran, Iraq – subject to risk caused by geopolitical tensions With global oil markets now largely rebalanced, risks to oil prices, including the geopolitical risks grabbing news [Read more]
According to a report by Reuters, ConocoPhillips is in talks with investment banks in preparation for the sale of its $2.6 billion stake in Cenovus Energy, a major Alberta oil sands company. Cenovus photo. Cenovus [Read more]
Royal Dutch Shell and other oil majors are facing increasing shareholder pressure to tackle global warming and hit clean-energy targets outlined in the 2015 Paris climate accord. Shell photo. Royal Dutch Shell offering packages to [Read more]
A spokeswoman for Motiva Enterprises says the company will not add processing capacity to its Port Arthur, Texas refinery because it wants to avoid similar shutdowns the company experienced last year in the aftermath of [Read more]
Oil prices fell on Monday as investors considered rising US crude output as well as the possibility that OPEC is considering increasing its supply to compensate for declining Venezuelan production and the Trump administration’s decision [Read more]
Recently added threat of tariffs on auto imports is another risk factor By Glen Hodgson, Senior Fellow, Conference Board of Canada In normal circumstances, these should be boom times for Canadian exports. The U.S. economy is [Read more]
In 2016, Canada exported 5.4 million metric tons to U.S. but bought more steel than that from the United States The Conference Board of Canada says both Canadian and American consumers will likely be hurt [Read more]
Globally, nearly 3 billion people forced to cook with wood, other fuels that produce smoke, resulting in 2.8 million premature deaths Bruce Murphy, IEA India Programme Manager, and Hannah Daly, WEO analyst On 28 April 2018 Indian [Read more]
“Canada will closely collaborate with the EU, which also filed a WTO challenge today on opposing these tariffs.” – Freeland The Canadian Government is filing litigation in response to the Trump Administration’s announcement that Canada’s exemption [Read more]
United States is largest consumer of heavy crude oil in the world, imports 2.5MM b/d from Canada Today we’re mad as hell at Donald Trump. The United States is pushing us around like a school [Read more]
Oil prices fell on Friday after the US dollar rose on better-than-expected employment data which pressured greenback-valued commodities as well as data showing increased US crude production in March. Anadarko photo. US oil prices down [Read more]
Energy-oriented battery systems are used to provide services such as electricity peak load shaving Capital costs for large-scale battery storage systems installed across the United States differ depending on technical characteristics. Systems are generally designed to provide either greater [Read more]
Increasing demands by operators of wind turbines on service and maintenance providers creating cost pressures By Kai Eckert, SUN & WIND ENERGY The market for providing independent service and maintenance is moving ever-more strongly away from full [Read more]
Prices rose across USA as temperatures generally increased and higher cooling demand increased natural gas use for electricity generation In April 2018, natural gas production from the Utica formation, located primarily in Ohio, averaged 5.8 [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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