Oil prices recovered some losses on Monday after weekend air strikes in Syria calmed investors’ concerns over escalating Middle Eastern tensions. AP photo by Hassan Ammar. Oil prices down over 1 per cent Oil prices [Read more]
Higher refining runs required to meet MGO demand could weaken gasoline prices Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritime [Read more]
Natural gas leading source of electricity generation in U.S. through 2050, accounting for 35% of electricity generation, an increase from 31% in 2017 EIA’s Annual Energy Outlook 2018 (AEO) projects that U.S. dry natural gas production will [Read more]
eRoadArlanda uses conductive technology with electric rail installed in roads to power, recharge vehicles while driving Last week marked the inauguration of eRoadArlanda, a Swedish innovation and the first road of its kind to allow [Read more]
Helping China to adapt faster could be Canada’s most important global contribution to the low-carbon transition By Glen Hodgson, senior fellow, Conference Board of Canada Climate change is a global problem—not just a domestic one—requiring [Read more]
Governments of Canada, Alberta will provide over $3.3 billion in federal funding to province over next decade A fleet of electric buses will soon be arriving in Edmonton, paid for by the governments of Canada, [Read more]
Alberta Premier Rachel Notley during Ottawa press conference. Photo: CTV News British Columbia insists it wants courts to define division of power over pipelines between provincial, federal govts Sunday morning’s pipeline summit in Ottawa between [Read more]
When Notley banned BC wines from Alberta, Horgan declared April to be BC Wine Month and turned the fight with Alberta into a political advantage BC is properly processing Kinder Morgan permits, referring disputed issues [Read more]
Prime Minister Justin Trudeau (middle) Trudeau can buy off opponents or run roughshod over them or actively negotiate a middle ground that benefits BC, Alberta, and Canada When Justin Trudeau said Canada needs “wind turbines [Read more]
The International Energy Agency says OPEC and non-OPEC countries participating in the cartel’s supply cut agreement have reached their goals of cutting global crude stocks to desired levels. Bloomberg photo by Daniel Acker. OPEC goal [Read more]
JT Steenkamp, Shell Canada engineer. Photo: CBC. University of Calgary is monitoring and analyzing field test data from Alberta’s first vanadium Redox Flow Battery JT Steenkamp had momentarily stepped away from his family’s Christmas festivities [Read more]
Oil prices rose on Friday and are headed for their largest weekly gain since last July due to increasing tensions in the Middle East and OPEC’s report showing global oil stocks rapidly declining. Statoil photo [Read more]
Mohammed bin Salman, Saudi Arabia’s Crown Prince, has made the Saudi Aramco IPO a cornerstone of the kingdom’s economic reform to 2030. He is looking to raise $100 billion by selling a 5 per cent [Read more]
Oil markets are tightening as the global oil stocks surplus that decimated oil prices in 2014 is close to evaporating, according to a monthly report by the Organization of Petroleum Exporting Countries. Getty Images photo [Read more]
Gulf Coast gasoline prices among lowest in country because the region generally has low state tax rates and abundant gasoline supplies The US Energy Information Administration forecasts that drivers in the United States will pay [Read more]
Oil prices slipped slightly on Thursday as the rising US dollar cut short a rally earlier this week that boosted crude prices to levels not seen since late 2014. Anadarko photo. Oil prices dip despite [Read more]
Bottlenecks in pipeline capacity, soaring shale oil production in the US eroding Canadian oil producers’ competitiveness With oil prices and production both on the rise, Canada’s oil industry is expected to return to profitability. However, [Read more]
On Sunday, Kinder Morgan Canada announced it will walk away from its Trans Mountain pipeline expansion project if disputes between BC and Alberta are not settled by May 31. Shutterstock photo by Art Babych. Existing 300,000 [Read more]
Trinidad Drilling expects to spend a total of $57.5 million in growth capital in 2018 Trinidad Drilling Ltd. announced it agreed to sell its three remaining rigs located in Saudi Arabia owned by Trinidad Drilling [Read more]
Fisheries and Aquaculture Clean Technology Adoption Program will provide up to $20 million over four years Dominic LeBlanc, Minister of Fisheries, Oceans and the Canadian Coast Guard, announced over $225,000 in funding from the Fisheries [Read more]
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