“This will help our community develop a much-needed climate adaptation plan as well as inspire youth and elders” The Kainai First Nation will use a grant funded by Alberta’s Climate Leadership Plan to work with [Read more]
Notley’s intention to sue, retaliate economically against BC designed to stiffen Trudeau’s resolve Has Rachel Notley failed on the pipeline file? The Alberta Premier has been collateral damage to some extent in the uproar this [Read more]
Elon Musk unveiled the Tesla Semi in mid-November. Since then, a number of companies, including Wal-Mart, PepsiCo and UPS have placed pre-orders for the electricity-powered big rig. Tesla photo. Tesla Semi charging stations to be [Read more]
$6 billion Bass acquisition in 2017 added estimated 3.4 billion BOE for ExxonMobil ExxonMobil announced that it plans to triple total daily production to more than 600,000 oil-equivalent barrels by 2025 from its operations in the [Read more]
Brent oil prices fell by over 2 per cent on Friday, but crude remains supported by strong demand and OPEC supply cut compliance. Apache photo. Oil prices pressured by rising US production, dollar Oil prices [Read more]
Companies in compliance program have option to either purchase allowances or directly reduce their emissions In July 2017, California’s state legislature passed assembly bill (AB) 398 to reauthorize and extend until 2030 the state’s economy-wide [Read more]
Production continued to increase through price fluctuations in Bakken and Permian basins U.S. crude oil production reached 10.038 million barrels per day (b/d) in Nov. 2017, according to EIA’s latest Petroleum Supply Monthly. Nov. production is [Read more]
Researchers will develop technology to detect methane emissions from oil and gas sector, first step to hitting reduction targets The University of Calgary is launching the Centre for Smart Emissions Sensing Technologies, which will assist [Read more]
On Thursday, US oil prices gained almost 2 per cent. In January, both Brent and WTI increased for a fifth straight month. Apache photo. Oil prices rose as falling output in Venezuela offset higher production [Read more]
US oil production rising despite fewer rigs and producers focusing on “core” parts of the shale play, including the Permian basin. Apache photo. US oil production topped 10 million b/d in November: EIA By John [Read more]
PSAC estimates 3,807 wells to be drilled in Alberta, down from 3,998 wells in original forecast The Petroleum Services Association of Canada (PSAC) has revised its forecasted number of wells drilled (rig released) across Canada [Read more]
Alberta well has $770,000 in policy-induced costs, about same as oil well in Saskatchewan February 1, 2018 – Government policies are piling on to reduce the competitiveness of energy producers in Western Canada, according to a new [Read more]
Trudeau backs Notley over Trans Mountain Expansion as BC refuses to back down on possible dilbit regulations “We’re just going to reiterate that the decision we made was in the national interest and we’re going to [Read more]
CATL EV battery factory located in a small southeast China city will have enough capacity to surpass Tesla output. Bloomberg photo by Qilai Shen. Contemporary Amperex Technology Ltd., leader in EV battery market in China Contemporary [Read more]
Prime Minister Trudeau said during a radio interview on Thursday that the Trans Mountain pipeline will be built. Trans Mountain photo. BC gov’t proposed new restrictions against bitumen shipments via Trans Mountain pipeline In response [Read more]
Now, new oil sands projects can be built with WTI lower than US$ 60/bbl The National Energy Board’s (NEB) recently released report shows that growth in the oil sands will continue. Raw bitumen production in 2016 [Read more]
Dispute between Kinder Morgan, Horgan govt, City of Burnaby is a log jam and only Prime Minister Trudeau can break it…but how? How should the Canadian government and Prime Minister Justin Trudeau respond to the [Read more]
Mexico shale oil proven reserves amount to 13 billion barrels. Pemex has drilled in Mexico shale reserves, but produced little Reuters reports that Mexico is hoping to hold its first shale oil and gas auction [Read more]
Oil prices steadied during trading on Wednesday, despite data from the US Energy Information Administration showing a 6.8 million barrel rise in US crude stocks. Nexen photo. Oil prices recover during session despite 6.8 million [Read more]
Analysts say BP likely to approve fields in Mauritania, Angola and India. The company says it will only approve projects that make money even if oil prices drop. BP increasing production by drilling new wells [Read more]
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