The basic metals industry includes the manufacture of iron, steel, aluminum, and other intermediate metal goods. Some of the main products of the basic metals industry include steel girders, aluminum sheets, and copper wire. Payton [Read more]
Canada solar power generation is highly seasonal, particularly in the north as the amount of sunlight hours can be radically different between winter and summer. Getty Images/Bloomberg photo by James MacDonald. Canada solar power generation [Read more]
Nauticol Energy announced it will build a $2 billion methanol facility in northwestern Alberta. The Grande Prairie methanol plant is expected to create about 3,000 direct and indirect jobs, including 1,000 construction jobs and over [Read more]
Saudi Arabai has demonstrated, once again, that it can always tighten the physical market, boost prices and push the calendar spread into backwardation – if it is prepared to cut its own production enough. Reuters [Read more]
The International Energy Agency held a high-level workshop on hydrogen to discuss all parts of the value chain. The results of the workshop will become part of a new study by the agency that will [Read more]
The National Energy Board is looking for feedback on its Draft Pipeline Financial Resource Requirements Guidelines before the regulations come into effect in July. Trans Mountain photo. Feedback on pipeline financial resource requirements accepted until [Read more]
One of the main advantages of reciprocating engines is their ability to provide incremental electricity quickly. They have become increasingly important in areas with high shares of renewable electricity generation from wind and solar. Jenny [Read more]
Hedge funds now hold a net long position of 266 million barrels in Brent, up from 136 million at the start of December, though still far below the almost 500-million-barrel position at the end of [Read more]
The available financial and real economic data suggests the US economy is poised between continued growth at a slower rate or the onset of a recession. Port of Long Beach photo. US economy cannot afford [Read more]
Prime Minister Justin Trudeau announced the Canadian government that it will invest $40 million in BlackBerry QNX, a business unit of BlackBerry Ltd, which develops safe and secure software systems for the next generation of [Read more]
Shares in Suncor got a boost after investors learned that Berkshire Hathaway bought over 10 million shares in the company during the final quarter of 2018. Suncor photo. Warren Buffett’s investment company bought 10.8 million [Read more]
Benchmark Brent oil prices hit a 2019-high on Friday as investors were encouraged by the OPEC supply cut as well as a higher-than-expected drop in Saudi Arabia’s production. Oil prices up over 2 per cent [Read more]
In recent years electricity demand in advanced economies has begun to flatten or in some cases decline – in fact electricity demand fell in 18 out of 30 IEA member countries over the period 2010-2017. Shutterstock photo. [Read more]
Azerbaijan is planning to expand its natural gas exports to Europe. European Union (EU) leaders consider connecting the Shah Deniz natural gas field to Southern Europe to be a step toward the strategic goal of diversifying Europe’s [Read more]
Front-month Brent futures oil prices have jumped to almost $65 per barrel, up from just $50 in late December, and the highest for nearly three months. Equinor photo by Ole Jørgen Bratland. Oil prices rise [Read more]
Petro-Canada announced on Wednesday that in the coming year, it will be the first company to offer an EV fast charger network from Nova Scotia to British Columbia. Petro-Canada photo. 50 EV fast charger network [Read more]
In its Oil Market Report released on Feb. 13, the International Energy Agency discusses US sanctions against Iran and Venezuela and their impact on the US Gulf Coast refiners. Valero photo. Oil Market Report: Crude [Read more]
According to the US EIA, electricity intensity—the amount of electricity consumed per household or square foot of commercial floorspace—decreases by an average of 0.3 per cent per year and 0.4 per cent per year from 2018 through [Read more]
Oil prices rose on Tuesday on OPEC data showing a sharp reduction in output last month. On Monday, Saudi Arabia announced it will cut its production in March by an additional 500,000 barrels. Repsol photo. [Read more]
Venezuela’s heavy crudes, such as Merey, have few close substitutes, with the nearest being grades such as Brazil’s Marlim, Mexico’s Maya, Canada’s Bow River and Cold Lake, or Iraq’s Basra Heavy. Most heavy crudes have [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
Get the eBook, The New Alberta Advantage: Technology, Policy, and the Future of the Oil Sands, written by our founder and publisher, Markham Hislop, for FREE.
Sign up now and get exclusive access to your FREE download in the next newsletter and receive Energi Media Weekly Update straight to your inbox too!
