Wave of large projects post-2019 could signal new cost cycle underway As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs (Final Investment Decision), with the number of project sanctions more [Read more]
Canadian Association of Petroleum Producers calling on Federal govt to align environmental policies with other jurisdictions The world’s thirst for energy is on the rise and Canada has an opportunity to meet the growing global [Read more]
California passed zero emission vehicle regulations in 2005 In Oct. 2016 the Quebec government passed the ZEV Act, giving that province the power to require car manufacturers to sell or lease a minimum number of zero-emission [Read more]
Program expected to attract $10 billion in new private investment Competition is now open for the second and third rounds of the Renewable Electricity Program, which will see more private-sector investment, jobs and partnerships with Indigenous [Read more]
Between Q2 2016 and Q1 2017, over US$40 billion was spent on Permian upstream M&A Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the [Read more]
Production levels in Colorado, Oklahoma, North Dakota each grew by more than 30,000 b/d from 2016 to 2017 Annual average U.S. crude oil production reached 9.3 million barrels per day (b/d) in 2017, an increase [Read more]
Nissan Motor Co. Ltd says it aims to sell 1 million electrified vehicles by 2022, equip 20 models in 20 markets with autonomous driving technology and reach 100 per cent connectivity for all new cars [Read more]
Jason Kenney is pushing the panic button about pipelines after industry roasted the Trudeau government’s Bill C69, which sets out a new process for environmental impact assessments of major projects. Rachel Notley’s office says panic [Read more]
Hedge fund managers increase their net long position in six important futures and options contracts linked to oil prices by 85 million barrels in the week ending March 27. Anadarko photo. Hedge fund managers bullish [Read more]
Russia and the Organization of Petroleum Exporting Countries are looking at forming a joint organization after the OPEC pact to curb global crude supplies expires at the end of the year. Financial Tribune photo. OPEC [Read more]
The Canadian and Alberta government have signed a bilateral agreement that will provide more than $3.3 billion in federal funding for infrastructure projects through the Investing in Canada plan over the next decade, according to a press release. [Read more]
Keyera will provide Encana with condensate and natural gas processing services under fee-for-service arrangement Encana Corporation has reached an agreement with Keyera Partnership, under which Keyera will acquire and fund the remaining development of Encana’s [Read more]
Oil prices edged up slightly on Tuesday after posting their largest one-day drop in nearly a year on Monday. Investors are concerned about rising Russian output and the blooming trade war between the US and [Read more]
Heating degree days, an indicator of heating-related energy demand, were 1% lower in 2017 compared with 2016 levels U.S. retail electricity sales fell by 80 billion kilowatthours (kWh) in 2017, the largest drop since the economic recession [Read more]
Top 10 finalists will be invited to present their ideas to NASA and ARPA-E technologists in New York The Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) today joined NASA in launching a new iTech challenge, [Read more]
CEPA says new environmental impact assessment act is too weighted toward climate change, First Nations, environmentalists, and gender diversity The Canadian pipeline industry has come out swinging against federal changes to the way projects will [Read more]
Oil prices fell over 2 per cent on Monday on reports that Saudi Arabia will cut prices for its Asian customers in May and rising production in Russia. Oil prices fall over 2 per cent [Read more]
In response to Trump tariffs on steel and aluminum imports, China is immediately adding an extra 15 per cent tariff on US ethanol imports. IowaAgribusinessRadioNetwork.com photo. China responds to Trump tariffs on steel and aluminum [Read more]
China’s Sinopec group says by 2020 its goal is to more than double its receiving capacity of LNG and increase its domestic shale gas production by two-thirds. Sinopec photo. Sinopec adding new LNG terminals on [Read more]
$7 billion investment in NGTL System will expand capacity to 2.5 Bcf/d by 2021 TransCanada Corporation (TSX:TRP) (NYSE:TRP) says announced its Northwest Mainline Loop-Boundary Lake pipeline has been placed into service, completing the final section of [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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