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]
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]
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]
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]
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]
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]
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]
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]
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