The Trump administration plans to broadly expand US offshore drilling, but is facing opposition from many coastal states and indifference from oil majors. US Coast Guard photo. Current US offshore drilling rules in place from [Read more]
Hedge funds, other money managers cut their combined net long position in six most important futures and options contracts linked to petroleum prices by 50 million barrels last week. Shell photo. Hedge funds liquidation mostly [Read more]
Oil prices fell over one per cent on Monday on waning enthusiasm for crude due to increasing US crude supply. Anadarko photo. Oil prices pressured by higher US supply Oil prices fell on Monday, dropping [Read more]
75% of CO2 capture capacity built in last decade is hydrogen production, gas processing, ethanol fermentation, all high purity sources of CO2 Authors of this commentary are IEA Energy Technology Analysts Simon Bennett and Tristan [Read more]
Alberta government will provide a payment and allow Enmax to transfer carbon offset credits The Government of Alberta and ENMAX have agreed to let the company withdraw from the Power Purchase Arrangement (PPA) legal action [Read more]
“We can’t let Alberta get away with blackmailing us into thinking it’s ok for them to over-run our rights as Canadian citizens to do what we want to do in our province,” says John George, [Read more]
Protect the Inlet media conference Friday with indigenous elders from Vancouver, Standing Rock (South Dakota) Two Trans Mountain Expansion pipeline rallies are planned for Metro Vancouver on Saturday, one for and one against. The “Protect [Read more]
Energy IPOs could reach their highest in four years and with pressing financial needs, oilfield services companies will likely lead the recovery. Dome Energy photo. Canadian energy IPOs could include Canbriam Energy, Velvet Energy According [Read more]
Oil prices jumped over 2 per cent on Friday after strong US jobs data boosted Wall Street and investors found hope in the proposed meeting between President Trump and Kim Jong Un of North Korea. [Read more]
The longer the Saudi Aramco IPO decision is delayed, the more likely it is that the sale will not occur, or will be scaled back to a listing on the domestic stock market. AFP/Getty Images [Read more]
By Sara Hastings-Simon, Saeed Kaddoura, Mark Porter, Alexander Klonick As climate action and the commitment to hit our targets gains ground in Canada, including the federal government’s commitment to phase out coal, companies required to meet carbon [Read more]
Nordic countries represent third-largest electric-car market by sales The number of electric vehicles (EVs) in the Nordic region is projected to reach 4 million cars by 2030, or more than 15 times the number currently [Read more]
After several years of declines, coal production and employment increased in 2017 Coal mining productivity in the United States increased 26% over the past five years, reaching 6.8 tons per miner hour in 2017, up [Read more]
After 2030, as oil prices continue to increase, more investment in resources expected to result in increased production Upstream investment in crude oil and liquids production is highly sensitive to crude oil prices, particularly production [Read more]
If Rachel Notley wants to swell ranks of British Columbia pipeline opponents, she should keep borrowing dumb ideas from Jason Kenney Rachel Notley has one job: don’t take 50 per cent support in BC for [Read more]
Energy Diversification Act builds upon recommendations from recent Energy Diversification Advisory Committee report Premier Rachel Notley says the new Energy Diversification Act, which kicked off the spring session of the legislature, will attract billions of [Read more]
Oil prices fell on Thursday. Benchmark Brent dropped below $64/barrel and US WTI settled the day at just over $60/barrel. Anadarko photo. Oil prices down over 1 per cent On Thursday, oil prices fell and [Read more]
A number of Canadian First Nations are using their clout with regulators to make inroads in oil and gas projects in an effort to enrich their bands and help their people get good jobs and [Read more]
The recent ‘Bomb Cyclone’ affected more of the United States, boosting US natural gas demand and prices. NASA image. Cold weather led to record demand and storage withdrawals which increased US natural gas prices to [Read more]
The recent oil rally has been replaced by caution that has started to flow through into prices and fund manager positions. Anadarko photo. Oil rally on pause, most portfolio managers still believe prices will rise [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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