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gas industry
News

Gas industry future looks bright over next 5 five years – IEA analysis

June 26, 2018 Energi Staff 2

Improving air pollution will be a key driver of gas demand, especially in emerging markets Strong demand growth from China, greater industrial demand, and rising supplies from the United States, will transform global natural gas [Read more]

oil production
USA

‘Stunning’ Permian Basin oil production to more than double from 2017 to 2023 – IHS Markit

June 14, 2018 Energi Staff 2

Oil production to reach 5.4 milliion b/d in 2023, more than current production from any OPEC member other than Saudi Arabia Oil production in the Permian Basin, already a major force in global supply growth, [Read more]

suncor
Financial

Major milestone: Suncor’s Fort Hills bitumen has same carbon-intensity as average US crude oil

June 12, 2018 Energi Staff

With production from Fort Hills, Hebron ramping up earlier than expected, Suncor well-positioned for strong production remainder of 2018 Suncor says that with the completion of major planned turnaround activities and strong production from growth [Read more]

productivity
USA

Utica natural gas: longer well lateral lengths, higher productivity increase production even as rig count fluctuates

June 1, 2018 Energi Staff 2

Prices rose across USA as temperatures generally increased and higher cooling demand increased natural gas use for electricity generation In April 2018, natural gas production from the Utica formation, located primarily in Ohio, averaged 5.8 [Read more]

Shaunavon
Canada

Improved technology not enough to increase lifetime production of new wells in Shaunavon Formation

May 3, 2018 Energi Staff 2

Shaunavon wells drilled in 2015 and 2016 could produce less oil over  lifetimes than wells drilled in prior years Steadily improving technology in the oil and gas sector means that newer tight oil wells should [Read more]

pipeline
Opinion

Opinion: Pipeline feud underscores need for evidence-based energy strategy

May 2, 2018 Energi Staff 2

Study: Canada’s long-term energy security needs and climate commitments cannot be met without major changes A new study by veteran earth scientist David Hughes anchors the heated debate about pipeline and energy infrastructure within the [Read more]

viking
Canada

Multi-stage fracking, horizontal wells boost production in old Viking Formation fields – NEB

April 30, 2018 Energi Staff 2

Peak production from wells drilled from 2001 to 2009 averaged about 4 b/d Peak production rates of the Alberta and Saskatchewan Viking Formation oil wells are ten times higher than they were ten years ago, according to [Read more]

chinese
News

Chinese shale gas production to almost double by 2020

April 19, 2018 Energi Staff 2

Chinese commercial well costs have fallen 25% since 2014, are more than 20% higher than comparable US wells Shale gas in China has seen significant progress over the last decade, growing to nearly 600 wells [Read more]

natural gas
News

Key global natural gas production trends from 2017 – IEA

April 17, 2018 Energi Staff 2

Exports of liquid natural gas from the United States increased 278.8% An assessment of monthly data shows that in 2017 OECD natural gas production grew by 2.4% compared to 2016. This growth was driven by increases [Read more]

2017
News

Global oil trends for 2017 – IEA

April 16, 2018 Energi Staff 2

OECD exports of crude oil, NGL, and feedstocks increased by 10.3% in 2017 with largest volumes destined for US (mainly from Canada, Far East) The International Energy Agency has released a report on key oil [Read more]

GDP
Financial

Suncor changes Syncrude turnaround timing due to pipeline capacity constraint

March 15, 2018 Energi Staff 2

Suncor expects total upstream production for first quarter to be 685,000 boe/d Suncor Energy says the Syncrude maintenance turnaround originally scheduled to begin in April will be moved up by approximately one month due to [Read more]

western
Canada

Non-oil sands production increases vary by western Canadian province – NEB

March 1, 2018 Energi Staff 2

Heavy conventional is majority of Saskatchewan production and grows substantially over projection period Oil prices have been significantly lower in the last couple of years compared to the early 2010s. This has led to a [Read more]

keyera
News

Canadian natural gas production continues to rise

February 16, 2018 Energi Staff 2

With existing technology, amount of remaining marketable natural gas estimated at 1,225 trillion cubic feet Canadian marketable natural gas production has remained steady in the last few years despite declining natural gas prices since 2014, according to [Read more]

News

Fast rising crude oil production, led by US, likely to grow by more than demand – IEA

February 13, 2018 Energi Staff 2

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]

Alberta

Alberta oil sands production to almost double by 2040 – NEB

February 1, 2018 Energi Staff 2

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]

Alberta

Canadian oil sands production growth to continue despite lower capital spending in future

January 31, 2018 Energi Staff 2

Oil sands production costs have fallen significantly since 2014 price crash, ensuring companies are competitive in global markets Oil sands production growth will continue through the next decade but a slowdown is anticipated with investment [Read more]

oil prices
Financial

North American oil/gas companies hedging production for stronger returns – IHS Markit

January 24, 2018 Energi Staff 2

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]

canada
Opinion

Is $70 oil enough? Volatile year expected for oil prices

January 19, 2018 Energi Staff 2

Possible US crude production could soon overtake Saudi Arabia and rival Russia’s International Energy Agency commentary The price of Brent crude oil closed earlier this week above $70/bbl for the first time since Dec. 2 [Read more]

oil sands
Financial

Suncor Energy continues record production to close out 2017

January 17, 2018 Energi Staff 2

Suncor resolved a long standing dispute and gained additional working interest in an oilsands project from Total Suncor provided a business update for fourth quarter of 2017, highlighting upstream production of 736,000 barrels of boe/d, [Read more]

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In the Spotlight

Smith’s panel on Alberta’s energy future is a bad joke

by Markham Hislop in Markham on Energy

“A new advisory panel will develop a long-term vision for Alberta’s energy future and recommend steps the province should take to ensure the industry [emphasis added] continues to thrive for decades to come.” Premier Danielle [Read more]

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Latest News

  • Opinion: Canadian oil sands don’t need more public support to compete with the U.S. March 30, 2023
  • Renewable generation surpassed coal and nuclear in the U.S. electric power sector in 2022 March 30, 2023
  • In 2022, U.S. crude oil exports increased to a new record, 3.6 million barrels a day March 30, 2023
  • Market Snapshot: Western Canadian Natural Gas Production Reaches a Record High in 2022 March 30, 2023
  • Market Snapshot: Trends in in-situ bitumen production March 30, 2023
  • Majority of U.S. households used natural gas in 2020 March 23, 2023
Latest News
  • Opinion: Canadian oil sands don’t need more public support to compete with the U.S.
  • Renewable generation surpassed coal and nuclear in the U.S. electric power sector in 2022
  • In 2022, U.S. crude oil exports increased to a new record, 3.6 million barrels a day
  • Market Snapshot: Western Canadian Natural Gas Production Reaches a Record High in 2022
  • Market Snapshot: Trends in in-situ bitumen production
Markham on Energy
  • Smith’s panel on Alberta’s energy future is a bad joke
    February 16, 2023
  • Notley should lead discussion about Alberta oil/gas emissions and job losses, not sabotage it
    January 18, 2023
  • Danielle Smith has an oil and gas marketing plan, not a climate plan
    January 15, 2023
  • To PM Trudeau: No more federal money for Alberta CCUS until oil sands project changed
    January 11, 2023
  • Danielle Smith “rage farms” about federal Just Transition
    January 7, 2023
Opinions
  • BC Energy Action Framework closes a major gap in CleanBC plan
    March 21, 2023
  • A call to clean energy
    November 28, 2022
  • Coordinated actions across Europe are essential to prevent a major gas crunch: Here are 5 immediate measures
    July 18, 2022
  • How the energy crisis is exacerbating the food crisis
    June 29, 2022
  • OPINION: G7 must seize opportunity to shift public finance from conflict-fuelling gas into clean energy
    May 26, 2022

News: editor@energi.media

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