Tim McKay, President of CNRL says his company may also reduce its heavy oil drilling program in the second half of this year, and instead, drill more light oil. CNRL photo. CNRL is delaying completion [Read more]
New Energy Realism: minimal regulation, technical innovation, reliance upon market forces and capital investment Rick Perry gave a fascinating speech at CERAWeek Wednesday. Canadians should pay attention for two reasons. One, the Canadian industry’s recently [Read more]
Ben van Beurden, Chief Executive of Royal Dutch Shell says his company is considering limiting emissions from its operations as well as emissions from fossil fuel use by its customers. Bloomberg photo. Royal Dutch Shell [Read more]
Environmental assessments already underway will continue under current process The British Columbia government is “revitalizing” its environment assessment process to ensure “the public’s expectation of a strong, transparent process is met,” Minister of Environment and Climate Change [Read more]
Oil prices fell on Wednesday, matching a trend on Wall Street after President Donald Trump said he planned to implement tariffs on steel and aluminum which many analysts believe could lead to a trade war. [Read more]
As long as equity sale is pending, kingdom’s policy is likely to remain focused on boosting prices By John Kemp By restraining production, OPEC and its allies have succeeded in eliminating excess oil stocks and [Read more]
“The proposed tariffs should be dead on arrival. Let’s have larger trade deficits instead. Our trade partners are invested with us.” – Hirs By Ed Hirs, energy economist, University of Houston Trade deficits keep your [Read more]
ExxonMobil expects to grow manufacturing capacity in North America and Asia Pacific by 40% ExxonMobil today outlined an aggressive growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil [Read more]
“To meet our greenhouse-gas reduction targets, we know serious work is needed to accomplish emissions reduction.” – Mungall Government is making regulatory changes that will reduce energy bills for British Columbians, and support the Province’s [Read more]
Cooling in Canadian growth comes at time of risks to economy from U.S. trade and tax policy The Conference Board of Canada’s Chief Economist Craig Alexander believes the Canadian economic growth cooled off in the [Read more]
Oil prices gained slightly on Tuesday, mostly supported by a weaker US dollar but analysts are concerned that data released on Tuesday afternoon and Wednesday morning will show a rise in US crude inventories. Anadarko [Read more]
West Coast jet fuel imports primarily from South Korea, China, and Japan Net imports of jet fuel into the West Coast (defined as Petroleum Administration for Defense District, or PADD, 5) have increased in recent years [Read more]
Foreign Affairs Minister points out that US actually has $2 billion surplus in steel trade with Canada The Canadian oil and gas industry is not pleased with Donald Trump at the moment. The American president’s [Read more]
Saudi Aramco’s CEO Amin Nasser told an audience at CERAWeek in Houston on Tuesday that to keep pace with expected growth in demand and make up for declining fields, the gas and oil industry needs [Read more]
New website features over 120 projects, ranging from wind and solar to energy efficiency and clean tech The Pembina Institute recently launched an interactive online tool showcasing the multitude of new clean energy projects operating [Read more]
US ethanol consumption increased 1% in 2017, same expect to 2019 Estimated ethanol production margins at U.S. corn ethanol plants averaged 22 cents per gallon (gal) in 2017. Last year was the fifth consecutive year [Read more]
US domestic market can only absorb 1/4 of extra 4 million b/d of US light crude expected to enter market in 2023 As tight-oil production continues to grow, the US is positioning itself as a [Read more]
Alberta Premier Rachel Notley speaking to reporters after meeting of Market Access Task Force. Photo: Global News Best Alberta strategy: 1) support federal jurisdiction over pipeline; 2) build support for industry, TMX in BC, rest [Read more]
EIA expects middle east electricity demand to increase 30% by 2028 Nuclear electricity generation capacity in the Middle East is expected to increase from 3.6 gigawatts (GW) in 2018 to 14.1 GW by 2028 because [Read more]
Image: Alberta Oil, Marco Cibola Writing farcical nonsense in the pretend voice of an energy executive insults Albertans, important topic Sigh. Graham Hicks is why Alberta can’t have nice things. By “nice things” I mean a [Read more]
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