Oil prices rose on Friday. Benchmark Brent was on track to end the week up over 3 per cent after a drop of over 8 per cent last week. Oil prices up as US dollar [Read more]
US coal production increases are in part to bankruptcy-caused restructuring of several major coal producers The EIA expects total 2017 U.S. coal production to be 773 million short tons (MMst), 45 MMst higher than in [Read more]
Opposition to Trans Mountain Expansion highest in Metro Vancouver, where biggest protests are expected Thanks to Kennedy Stewart, we now know that not all British Columbians hate the Trans Mountain Expansion pipeline, contrary to the [Read more]
Harsh winter conditions as well as Canadian railways’ recent volume growth have stranded some Alberta oil shipments. CP Rail photo. Stranded Alberta oil shipments have led to plummeting crude prices Bloomberg reports a shortage of [Read more]
Trump offshore drilling plan announced in late January would see federal waters off nearly every state opened to oil and gas drilling. Getty Images photo by David McNew. Trump offshore drilling plan not “in the [Read more]
One analyst says high US production, rising gasoline stocks and a shrinking price premium of Brent over WTI paints a bearish picture for oil prices. Statoil photo. Oil prices mixed, premium of Brent over WTI [Read more]
OPEC’s Secretary General Mohammad Barkindo floated the idea of institutionalizing the OPEC supply cut agreement in October, 2017. OPEC photo. OPEC supply cut agreement began in January 2017 United Arab Emirates’ Energy Minister Suhail Al [Read more]
Growth of shale and tight natural gas in NW Alberta, NE BC led to “pinchpoints” moving gas to mainline in SE TransCanada Corporation is spending $2.4 billion to expand the of its NOVA Gas Transmission [Read more]
Horgan plays same political game as Notley, declares April as BC Wine Month, garners political support of BC wine makers Earlier this week Alberta rolled out new online “tools” to recruit Canadians – not just [Read more]
Developers of new deepwater oil projects are looking to keep their operations cheap and simple. Shell photo. Some deepwater oil projects rejuvenating existing fields Royal Dutch Shell says Penguins, its latest British North Sea oil [Read more]
The Netherlands offshore solar farm, similar to the Kagoshima Nanatsujima Mega Solar Power Plant in Japan (shown), will help the Dutch cut their fossil fuel use and meet their GHG emissions targets. Kyocera Corporation photo. Netherlands [Read more]
Oil prices rose slightly on Wednesday after the US Energy Information Administration reported US crude stocks rose by 1.8 million barrels, 1 million barrels less than anticipated. Oil prices rebound from earlier losses Oil prices [Read more]
OPEC will review progress towards its goal of eliminating excess global inventories at its next regular meeting in June, but ministers have downplayed suggestions the review could lead to an early exit from the accord. [Read more]
Burnaby is fundamentally opposed to the Project and it has been public, vocal, and consistent in its opposition – National Energy Board Watching the Alberta media trip over themselves to praise Premier Rachel Notley for [Read more]
Critics are concerned the sale of petro crytocurrency nothing more than a debt issuance by Venezuela. Venezuelan government hopes Petro Cryptocurrency will help relieve economic crisis Venezuelan President Nicolas Maduro said on Tuesday that next [Read more]
“Co-operative federalism” (BC government, Burnaby) vs. “paramountcy” (Canada, Alberta, Kinder Morgan) Why doesn’t Prime Minister Justin Trudeau do something concrete about stalled construction of Kinder Morgan’s 525,000 b/d Trans Mountain Expansion pipeline? This lament was [Read more]
Oil prices rose slightly on Monday after benchmark Brent hit two-month lows early in the session. Anadarko photo. Seasonal factors may also be factor in declining oil prices Oil prices rebounded slightly from earlier losses [Read more]
Suncor also buys 17.5% interest in Fenja Development in the Norwegian Sea from Faroe Petroleum for Cdn$68 million Suncor Energy says it has reached an agreement to acquire Mocal Energy’s 5 per cent interest in the [Read more]
In 3 months prior to November, US crude oil output increased by surprising 846,000/d, and will soon overtake Saudi Arabia New and revised data shows a modest tightening of the balance in the early part [Read more]
Along with participating in the OPEC supply cut pact, Russian Energy Minister Alexander Novak says Russia and Saudi Arabia are also working together on energy projects, including oil services and petrochemicals. Lukoil photo. Russia looking [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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