While praising Shell’s overall plans to reduce greenhouse gases, a number of major shareholders urged the company to commit to firm targets to cut their GHG emissions from its oil and gas production. Shell photo. [Read more]
Oil prices rose on Tuesday after the US government imposed new sanctions against Venezuela after President Nicolas Madura was re-elected in the South American country on Sunday. Associated Press photo by Ariana Cubillos. Oil prices [Read more]
Hedge fund managers have cut their net long position in the petroleum complex in each of the last four weeks by a total of 71 million barrels, according to records published by regulators and exchanges. [Read more]
70% renewables by 2050 target is achievable if regulations adequately reflect contribution of solar and wind power Upgrades to Panama’s regulatory environment and power system management are critical to achieving the renewable energy goals set [Read more]
About two-thirds of households with BEVs or PHEVs have incomes higher than $100,000 Electrified vehicles (hybrid electric, plug-in hybrid electric, and battery electric) have been sold as high fuel economy alternatives to conventional gasoline vehicles [Read more]
Russian and Saudi natural gas production expanded significantly in 2017, at 8% and 6% year-on-year growth The United States remained the world’s top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record [Read more]
Bill Morneau, finance minister (left) with Prime Minister Justin Trudeau Trudeau, Morneau fiddling while integrity of Canadian regulatory system burns to the ground Watching Justin Trudeau and Bill Morneau fumble the Trans Mountain Expansion file [Read more]
Oil prices fell slightly on Friday, but boosted by plummeting Venezuelan production, strong global demand and likely US sanctions against Iran, Brent crude was on track for its sixth straight week of gains. Statoil photo [Read more]
Kinder Morgan’s Trans Mountain pipeline project is facing fierce opposition from the BC government, environmentalists and some First Nations. Canadian Finance Minister Bill Morneau said the Canadian Pension Plan could be possible investors in the [Read more]
Upstream sector in Mexico flourishes under historic energy reforms says Wood Mackenzie In 2013, when Mexico initiated historic reforms to open its energy sector for the first time in 75 years, few could have imagined [Read more]
Europe leads way as sustainability, recycling and reuse to drive discussion at PEPP Conference in Germany Global demand for polyethylene, the world’s most used plastics, has nearly doubled since 1999, with global demand for PE [Read more]
Governments across Canada engaged in trying to promote reduction in GHG emissions at lowest possible cost By Glen Hodgson, Senior Fellow, Conference Board of Canada Debate about reducing Canada’s greenhouse gas emissions frequently references the costs of [Read more]
Of 160 natural gas pipeline projects in US, 37 completed or under construction and expected to come into service by end of 2018 The U.S. Energy Information Administration(EIA) expects construction of new natural gas pipeline [Read more]
Each additional USD $1 billion invested in energy efficiency would deliver more than 2.3 Mtoe of energy savings Energy efficiency has the potential to significantly reduce long-term energy demand in Canada according to a new report released [Read more]
Oil prices hit $80/barrel during trading on Thursday for the first time since November 2014 on concerns that an already tightening market would be impacted by the Trump administration’s decision to abandon the Iran sanction [Read more]
Now the market is embarking on the next stage of the cycle, with high and rising oil prices beginning to stimulate an increase in production, restrain fuel use, and eventually create conditions for the next [Read more]
OPEC says the recent oil rally that saw prices close in on $80/barrel is a short-term spike mostly due to geopolitics, more than a supply shortage. Getty Images photo by Akos Stiller. Oil rally not [Read more]
A decline in spending in the LNG sector since 2014 due to weak energy prices will create a supply gap beginning in the mid-2020s, unless new investments in the super-chilled fuel are made. World Maritime [Read more]
New MARPOL (International Convention for the Prevention of Pollution from Ships) limits on sulfur content in marine fuels starting in 2020 could result in 1-1.8MMb/d of additional refinery runs to produce higher volumes of marine [Read more]
Regulations must be drafted before Bill 12 can be implemented, BC says it will challenge constitutionality in Alberta court The Alberta premier really is ready to turn off the taps. Not tomorrow, there’s still plenty [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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