Oil prices rose on Friday as trade talks continued between the US and China, easing some investors concerns about a global economic slowdown. However, gains were capped on data showing a rise in US refined [Read more] [Read more]
Encana reported on Thursday that it has completed the sale of its San Juan asset in New Mexico to Denver-based DJR Energy. Encana sale valued at $480 million Encana says its $480 million sale of [Read more] [Read more]
The pace and extent of the changes for oil product demand forecast in the International Energy Agency’s New Policies Scenario pose a significant test to refiners. Phillips 66 photo. Oil product demand for “top of [Read more] [Read more]
Average US gasoline prices declined for 12 weeks in a row at the end of 2018, which marked the longest consecutive weekly drop since the 17-week decline from October 2014 through January 2015. Shell photo. [Read more] [Read more]
There are signs that the dollar’s rise may be coming to an end as trade tensions with China weigh and pressure to raise rates dissipates, lifting prospects for oil prices to recover. BP photo. Oil [Read more] [Read more]
Overall OPEC production fell in December according to a survey by Reuters, mostly due to a 400,000 barrel per day cut made by Saudi Arabia. Iran and Libya posted involuntary production declines. Reuters file photo [Read more] [Read more]
The latest assessment estimates that there are around 350 billion tight oil barrels that are technically recoverable outside the United States (triple the amount in the United States). Anadarko photo. US tight oil production expected [Read more] [Read more]
Energy commodity prices fell sharply in October on market concerns of a blooming crude glut and slowing global economy. Anadarko photo. Energy commodity prices rose by 25 per cent from Jan. to Oct., but ended [Read more] [Read more]
Oil prices fell quickly after peaking in early October due to concerns over slowing global economic growth coupled with a growing crude oil surplus. Anadarko photo. Oil prices peaked on October 3 By Matt French [Read more] [Read more]
Unless policy makers reverse course and start adopting a more business-friendly approach, a further global slowdown or even a recession is more likely than not in 2019. The Washington Post/Getty Images photo by Jabin Botsford. [Read more] [Read more]
Any innovation that can minimize solar installation costs will decrease the payback period before residential and commercial solar systems become profitable and make solar energy accessible to more people. Esdec photo. Esdec offers innovations in [Read more] [Read more]
For every four electric cars sold, there is one electric truck sold. In Canada, there are fewer models of electric trucks and SUVs available to Canadians. Workhorse Group photo. No pure electric truck models available [Read more] [Read more]
Given the unpredictable environment and the prospect of rising interest rates, major equity markets and commodity prices fell sharply towards the end of the year. Anadarko photo. Commodity prices fell sharply before the end of [Read more] [Read more]
54% of Canadians think the Trans Mountain Expansion will resume construction in 2019 Talk about poking holes in a narrative. A New Year’s Day poll from Abacus Data shows that a majority of Canadians want [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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