Oil prices were mixed in trading on Wednesday, despite a decline in US crude stocks and a drop in the value of the US dollar. ConocoPhillips photo. WTI oil prices rise to highest level since [Read more]
End-use efficiency (modern equipment, improved insulation, heat recovery) reduces demand before heat is even generated By International Energy Agency Energy Analysts Elie Bellevrat and Kira West Industrial heat makes up two-thirds of industrial energy demand [Read more]
Ontario NOVA chemical plant NOVA Chemicals project will help create and maintain 2,200 jobs in Ontario and Alberta NOVA Chemicals announced a $2.2 billion investment in Canada with innovative and cleaner products that will help [Read more]
Investor push for greater capital discipline and stronger returns driving strategy shifts in exploration and production sector Nodding to increased investor pressure to deliver cash flow neutrality and stronger corporate returns, North American exploration and [Read more]
Rising near term prices for US natural gas will discourage gas consumption by electric generators in favour of coal and send a signal to gas producers to increase drilling and output. Wikimedia photo. Cold winter pushes [Read more]
US President Donald Trump imposes a solar panel tariff on imports. The decision could cost thousands of jobs in the United States and billions of dollars in lost investments. Shutterstock photo. 30 per cent solar [Read more]
Oil prices rose in trading on Tuesday on rising demand and strengthening economy. Anadarko photo. Oil prices rise over 1 per cent Tuesday Oil prices rose over one per cent and Brent crude topped $70/barrel [Read more]
SoCal gas blowout in Porter Ranch community, Los Angeles, California “Recent air quality reports document that we’re still being poisoned.” Southern California Gas Company (SoCal), the company responsible for a blowout at a natural gas [Read more]
Chinese EV makers will be able to take advantage of international partner’s technology, operation expertise Under heavy subsidies from the government, China’s electric vehicles (EV) market has grown exponentially to overtake the United States as [Read more]
IEA Executive Director Dr Fatih Birol delivers testimony to the US Senate Committee on Energy and Natural Resources (Image: CSPAN) “China is going to import a lot of LNG to replace their coal” The International [Read more]
Oil prices rose slightly in seesaw trading on Monday. Anadarko photo. Oil prices impacted by restart of production from As-Sarah fields in Libya Oil prices seesawed in trading on Monday as the US dollar pared [Read more]
The hedge funds’ net long position in WTI increased from 455 million barrels to 542 million barrels between Jan. 2 and Jan 16 compared with only a minor increase in Brent. Hedge funds have increased [Read more]
Europe has a history of dramatically closing down power plants in response to political pressures. Nuclear power has been the main target due to public concerns about safety and waste disposal. Originally posted on The [Read more]
Saudi Arabia’s Energy Minister Khalid al-Falih said he thinks participants in the OPEC supply pact should continue to work together on rebalancing the oil markets beyond the end of 2018. Reuters photo by Heinz-Peter Bader. [Read more]
Mood at World Economic Forum 2018 in Davos to be one of broad-based optimism Momentum behind the world economy remains strong despite continued political and policy uncertainties, according to new analysis released today at the [Read more]
Penalizing Canadian, Mexican trade penalizes US trade and would lead to US job loss By Kristelle Audet, Danielle Goldfarb, Brent Dowdall, Conference Board of Canada Feverish speculation grew earlier this month that U.S. President Donald Trump will soon [Read more]
Economic growth fuels business confidence and investment intentions in Canada Higher-than-expected economic growth in 2017 will fuel Canadian business confidence in 2018, leading to a jump in planned investments by small and mid-sized enterprises (SMEs), says a new study. The [Read more]
Lafarge Exshaw Plant Photo: Lafarge Lafarge aims to replace 30 to 50% fossil fuel use at Canadian cement plants with lower carbon fuels by 2020 Lafarge Canada Inc. and its partners – University of Calgary, [Read more]
Photo: TransCanada Qualification focuses on leadership skills and community involvement, not solely academic performance TransCanada Corporation announced it is expanding its community scholarships program to further help hundreds of North Americans gain skills to realize [Read more]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook, natural gas Non-hydro renewables’ share of total US utility-scale generation to exceed 10% for first time in 2019 EIA’s Jan. 2018 Short-Term Energy Outlook (STEO) forecasts that natural gas will remain [Read more]
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