Seven Generations Energy building a natural gas processing facility in Montney Kakwa River area Editors note: In an interview with Seven Generations, they stated that the natural gas processing facility is already under construction, and [Read more]
Mayor of Rome Virginia Raggi said “If we want to intervene seriously, we have to have the courage to adopt strong measures”. Nearly all of the pollution in Rome is caused by motor vehicles On [Read more]
US crude production hit an all time high in November, rising to 10.057 million barrels per day, before retreating slightly in December, according to the US Energy Information Administration. Anadarko photo. November 2017 US crude [Read more]
“Canada has a unique opportunity to leverage its AI moment globally to shape AI’s future” By Danielle Goldfarb, Senior Fellow Global Commerce Centre, and Candice Faktor, Founder, Faktory Ventures In Jan. 2018, both Microsoft’s and Alibaba’s deep-learning software did better [Read more]
Oil prices fell on Wednesday despite high compliance by OPEC pact participants. US production rose to 10.3 million barrels per day, putting pressure on oil prices. Apache photo. Oil prices down over 1 per cent [Read more]
Trinidad considering all options to enhance shareholder value Trinidad Drilling Ltd. says their Board of Directors has begun a strategic review to enhance shareholder value that could include a sale or merger, according to a [Read more]
By the end of 2016, California had 120 MW of utility-scale battery storage capacity in place About two-thirds of utility-scale battery storage power capacity installed in 2016 in the United States is located in two [Read more]
Oil prices fell on Tuesday, mostly on concerns of rising US crude inventories. On Tuesday afternoon, the American Petroleum Institute will release data on US oil stocks and on Wednesday morning, the US Energy Information [Read more]
Production process utilizes citrus based bio-solvent that naturally separates bitumen from oil sands with no tailing ponds US Oil Sands Inc., an innovator of oil extraction technologies using citrus, announced that it has commenced a sale solicitation [Read more]
OPEC Secretary General Mohammad Barkindo, other OPEC officials will meet with US shale companies in Houston to talk about the global oil glut. OPEC photo. Rising US shale production helped boost overall US output to [Read more]
New Suncor oil sands project will have production of 160,000 barrels per day Suncor announced it has closed the transaction to purchase a five per cent interest in Syncrude from Mocal Energy for $925 million [Read more]
Exxon Papua New Guinea LNG plant had to be shut down after power infrastructure on the southwestern Pacific island was damaged in a 7.5 magnitude earthquake early Monday morning. Papua New Guinea Today photo by [Read more]
Canadian oil and natural gas investment dropped 19% in 2017 from previous year levels A new economic report released by the Canadian Association of Petroleum Producers(CAPP) claims that rising government costs, the burden of inefficient [Read more]
Exxon says it is selling its entire stake in the Terra Nova project, but will keep its other assets in the region. Wikipedia photo by Ice Specialist. Exxon has 19 per cent ownership in Terra [Read more]
An aggressive push for partial upgrading might generate $60 billion to $100 billion of capital spending in Alberta For at past decade or so, the oil sands has been the economic engine of Alberta, helping [Read more]
The hedge funds’ net long position has been cut in each of the four most recent weeks by a total of 263 million barrels, in what has been the largest drawdown for more than seven [Read more]
Notley Government hopes for 2 to 5 partial upgraders representing up to $5 billion in private investment Alberta plans to spend $1 billion over eight years to boost commercialization of bitumen partial upgrading technology, just one [Read more]
A decline in spending since 2014 due to weak energy prices could create an LNG demand boom beginning in the mid 2020s. Shell photo. LNG demand expected to hit 500 million tonnes per year by [Read more]
“I think that it is fair to say that in a small way, today, BC blinked…” Premier Rachel Notley No one blinked. But suspension of the Battle of the Wine between Rachel Notley of Alberta and [Read more]
Papua New Guinea earthquake struck early Monday morning, causing landslides, damaging buildings and closing oil and LNG operations in the southwestern Pacific country. Storyful photo by Baundo Mereh. Papua New Guinea earthquake shuts down Exxon Hides [Read more]
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