United States became net exporter of natural gas on an annual basis for first time in 2017 In its latest Short-Term Energy Outlook (STEO), EIA expects the Henry Hub natural gas spot price to average $2.88 per [Read more]
Big Oil is shifting investment into expanding downstream (e.g. petrochemicals), clean energy technologies. What is Alberta waiting for? Follow the money. Always good advice, and if you want to know the direction the global energy [Read more]
Recent growth in natural gas consumption has almost all been in electric power sector Significant growth in natural gas production over the past decade—primarily from the Marcellus and Utica shales in the Appalachian Basin—have increased gross natural gas [Read more]
Royal Dutch Shell is investing in cleaner energy projects, including a network of EV charging stations on European highways. Royal Dutch Shell spent over $400 million recently to expand beyond oil and gas, reduce its [Read more]
The current global trade expansion is expected to continue throughout 2018 and into 2019 which should support further rapid growth in freight volumes. CP Rail photo. Global trade growing at fastest rate since 2011 By [Read more]
Project reduces CO2 levels in atmosphere, as it uses CO2 as a raw material Evonik and Siemens are planning to use electricity from renewable sources and bacteria to convert carbon dioxide (CO2) into specialty chemicals, according [Read more]
Waterloo University creates breakthrough battery composition using manganese sheets USA News Group – Further demand for high grade, high purity manganese may be driven by new technology thanks to breakthroughs like the new discovery by researchers that [Read more]
Oil prices rose slightly in trading on Friday due to a weakening US dollar. Linn Energy photo. WTI oil prices hit highest level since Dec. 2014 on Thursday Oil prices rose on Friday after hitting [Read more]
Canadian oil prices are suffering because there are few transportation options available to move Canada’s crude oil. CP Rail photo. Fall in Canadian oil prices means a daily loss of tens millions of dollars in [Read more]
If OPEC output cuts stay in place, market will tighten significantly in second half of 2018. OPEC photo. OPEC output cut targets a reduction in global crude stocks By John Kemp LONDON, Jan 25 (Reuters) [Read more]
Of the Big Oil companies, Royal Dutch Shell appears the strongest performer among the group in terms of organic free cash flow. Shell photo. Big Oil expected to generate more cash in 2018 than any [Read more]
Talisman Energy USA accused of altering wellhead production volumes by as much as 20% Royalty owners are seeking class-action status in a lawsuit against Talisman Energy USA, Inc. over claims the company manipulated production volumes for [Read more]
Both hydro and wind generation follow seasonal patterns As one of the first technologies used to generate electricity, hydroelectric power has historically provided the largest share of renewable electricity generation in the United States, according [Read more]
Climate, resource extraction, large transportation sector contribute to high oil consumption Canada is the third largest consumer of oil per person among the world’s most economically advanced countries (the OECD), according to the National Energy Board. [Read more]
A number of oil majors say they will boos their capital spending in 2018 after oil topped $70/barrel in January. Anadarko photo. Capital spending fell to $200 billion in 2016 According to a report by [Read more]
Oil prices rose in early trading Thursday with Brent crude hitting $71.20/barrel. As trading continued, the benchmark eased back but stayed above $70/barrel. Brent oil prices ease back after hitting $71.20/barrel early in session Early [Read more]
Australia accounts for the highest amount of China’s coal imports at 79.91 million tonnes. EndCoal.org photo by Max Phillips. China’s coal imports from North Korea banned in February 2017 In 2017, China’s coal imports from [Read more]
Former President Barack Obama introduced fracking rules in an effort to ensure public safety on federally-owned lands. Getty Images photo by David McNew. Fracking rules address public safety on federal lands California’s Attorney General Xavier [Read more]
Rising political unrest in Venezuela is fuelling the recent oil price rally. AP photo by Fernando Llano. Oil price rally could mean $80/barrel crude The oil price rally that boosted prices over $70/barrel this month [Read more]
Saudi Aramco owns the Port Arthur Texas refinery. Beaumont Enterprise photo by Guiseppe Barranco. Saudi Aramco controls a refinery in Texas According to a report by Reuters, Saudi Aramco, the giant oil and natural gas company [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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