US energy shares lost ground and underperformed in 2017, but in 2018 as oil prices continue to climb, investors are putting their money back into energy stocks. ConocoPhillips photo. US energy shares rise alongside oil [Read more]
Oil prices remained steady on Wednesday, despite data from the US Energy Information Administration showing an increase in US crude inventories by 2.2 million barrels. Oil prices initially fell following release of EIA data On [Read more]
Electric garbage truck’s ability to operate quietly at night is particularly attractive to customers in urban areas Mack Trucks, a part of Volvo Group, plans to have a fully electric Mack LR refuse model equipped [Read more]
Among Republicans, support for tariffs is highly related to attitudes about Trump A new Program for Public Consultation(PPC) survey finds that nearly six in ten United States voters oppose the new tariffs on solar panels imposed [Read more]
New regulations take effect in 2020 The Alberta government announced a draft directive to deliver on commitment to cut industrial methane emissions 45 per cent by 2025, according to a press release. A key component [Read more]
In 2016, certain tax provisions yielded positive revenue flow for government, resulting in negative net subsidy of $773 million EIA has updated its report on federal financial interventions and subsidies in energy markets, covering the 2016 [Read more]
Commitment includes clean-tech and renewable energy financing, sustainable bonds, other low-carbon solutions Morgan Stanley announced a new commitment to provide $250 billion dollars in low-carbon financing by 2030, according to a press release. Contributing to [Read more]
Prof. Fraser Forbes, dean of engineering, University of Alberta. Photo: UofA. Dean Forbes missed opportunity to explain how oil sands innovation is answering Suzuki criticisms The University of Alberta is conferring an honorary degree upon [Read more]
GE Renewable Energy signed an agreement with the British government to test the company’s Haliade-X 12 MW turbine in Blyth, Northumberland. GE photo. GE Renewable Energy and UK’s Offshore Renewable Energy Catapult sign five-year agreement [Read more]
John Kemp argues that if OPEC maintains its current output curbs through December, the market is set to become exceptionally tight, which will push prices and spreads towards unstable levels. Anadarko photo. By John Kemp [Read more]
Oil prices hit their highest level since November 2014 Tuesday on strong global demand, OPEC’s supply cut agreement and the possibility that US sanctions could be imposed on Iran. Anadarko photo. Oil prices could rise [Read more]
A Minnesota judge has agreed that the Enbridge Line 3 replacement project is necessary, but has rejected the Calgary-based company’s preferred route. Enbridge graphic. Enbridge Line 3 project valued at $8.2 billion On Monday, a [Read more]
Coal consumption has been declining in the UK for decades In the United Kingdom, electricity produced from coal declined from 42% of total electricity generation in 2012 to 7% in 2017, according to the U.S. [Read more]
Bank of Canada will remain cautious in its approach to reducing monetary stimulus with just one more rate hike this year The Conference Board of Canada(CBOC) released a report showing that gasoline prices are driving [Read more]
Global market for clean techology and services expected to grow to $3 trillion by 2020 British Columbia says it is taking action to help clean technology companies expand exports into global markets, Bruce Ralston, Minister [Read more]
Exascale supercomputer will provide 50 to 100 times greater performance than current fastest US supercomputer US Secretary of Energy Rick Perry announced a Request for Proposals (RFP), potentially worth up to $1.8 billion, for the development [Read more]
Drilling rig count in state increased, averaging 20 rigs in 2016 and 33 in 2017 Pennsylvania’s marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf/d) in 2017, 3% higher than the [Read more]
Women and renewables empowerment programme expands solar energy access to Indonesia’s off-grid communities About a third of Indonesians, roughly 80 million people, live without electricity and many more with only unreliable access. In the country’s [Read more]
Execs say technology like autonomous and electric vehicles unlikely to impact energy industry U.S. energy executives are looking to emerging technology like artificial intelligence and intelligent automation to improve business operations, but do not expect [Read more]
Alberta oil producers are struggling to get crude to market as Canadian pipelines are at full capacity and rail lines are pressured to ship agricultural products at certain times in the year. Reuters photo by [Read more]
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