New Technology & Innovation

PepsiCo pre-orders 100 Tesla Semi trucks

PepsiCo pre-orders 100 Tesla Semi trucks

Tesla Semi trucks purchase part of PepsiCo’s plan to cut GHGs PepsiCo Inc is the latest major US company to reserve new Tesla Semi trucks.  The second-largest food and beverage company in the world has placed an order for 100 electric semi trucks, the largest Tesla big rig order to date. The maker of Mountain […]

By December 12, 2017 0 Comments Read More →
60% of Canadian business energy research and development spent on fossil fuels

60% of Canadian business energy research and development spent on fossil fuels

In-house R&D spending on to non-emitting and renewable energy declined from $644 million in 2014 to $492 million in 2015 Research and development spending on fossil fuels accounts for more than half of energy research and development by businesses, according to the latest data released by Statistics Canada. In 2015, $1.6 billion of in-house research and development (R&D) expenditures in Canada were directed to […]

By December 11, 2017 0 Comments Read More →
Buildings an unlocked source of energy savings – IEA

Buildings an unlocked source of energy savings – IEA

In many markets energy efficiency investments in buildings still often considered a risk By John Dulac, IEA Energy Analyst The past decade has seen major changes across the energy sector, from the emergence of solar PV or shale oil and gas to electric vehicles and high-efficiency lighting. But one sector has seen very little change. The […]

By December 11, 2017 0 Comments Read More →

Markham on Energy

Low costs, less red tape boosts Saskatchewan thermal oil production

Low costs, less red tape boosts Saskatchewan thermal oil production

Black Pearl says Saskatchewan thermal oil low production costs rival those of Permian Basin in West Texas Saskatchewan thermal oil – thick, heavy crude that is steamed to make it flow in a well – near the border-straddling city of Lloydminster competes with the famed Permian basin fields for low costs, output doesn’t decline quickly […]

By December 13, 2017 1 Comments Read More →
Pipeline integrity programs: Is a 5,000 barrel Keystone-style leak likely in Canada?

Pipeline integrity programs: Is a 5,000 barrel Keystone-style leak likely in Canada?

CEPA says pipeline integrity program begun in 2010 is showing results, data suggests pipeline leaks are declining Thanks, TransCanada, your timing couldn’t have been worse. Spilling 5,000 barrels of crude oil in South Dakota in mid-Nov. just as construction begins on the Trans Mountain Expansion pipeline has again stoked British Columbia pipeline opposition. But the […]

By December 12, 2017 0 Comments Read More →
Oil companies cautious, Pembina supportive of new Alberta plan to lower GHGs from large emitters

Oil companies cautious, Pembina supportive of new Alberta plan to lower GHGs from large emitters

Average cost of Carbon Competitiveness Incentives will be $.50/b and 92-95% of production will pay under $1/b – Pembina The Alberta government released the Carbon Competitiveness Incentives (its replacement for the large emitter program) this week and thus far industry continues to worry about higher costs in a low price environment, while carbon pricing supporters praised […]

Energy Politics

Canada needs ‘energy brand’ oilfield services association tells Ottawa

Canada needs ‘energy brand’ oilfield services association tells Ottawa

“Supplying the world with Canadian energy would help reduce global GHG emissions. The world needs more Canada.” The Petroleum Services Association of Canada has sent a message to Canadian parliamentarians: Canada needs a brand for energy that communicates the country’s strong oil and gas regulations and its commitment to lowering greenhouse gas emissions. PSAC highlighted […]

By December 5, 2017 0 Comments Read More →
Is $60 oil a new normal for the industry? – IEA

Is $60 oil a new normal for the industry? – IEA

Strong demand in oil still expected in the short term Oil Market Report, International Energy Agency The events in Saudi Arabia have added extra momentum to the rally that has driven oil prices from lows of $45/bbl (Brent) in late June to around $63/bbl recently, according to the International Energy Agency. To date, we have […]

By November 30, 2017 1 Comments Read More →
India’s GST – A boon for oil markets?

India’s GST – A boon for oil markets?

Tax on pure electric vehicles reduced by around 9% under GST regime The introduction of India’s Goods and Services Tax (GST) has lifted oil demand in the country this year, according to Wood Mackenzie. Crude oil, natural gas, diesel and gasoline are currently exempt from the GST. However, diesel and gasoline demand are indirectly affected […]

By November 19, 2017 0 Comments Read More →

Energy News

Leopoldo López calls for reform of Venezuelan oil and gas sector

Leopoldo López calls for reform of Venezuelan oil and gas sector

Venezuelan oil & gas reforms linchpin for country’s economic, social recovery Leopoldo López and Gustavo Baquero – co-authors of Venezuela Energética – have presented a bold new vision for Venezuela’s economic and social recovery, using dramatic reforms of oil and gas as the linchpin. López and Baquero state that “energy reform can be the pivot […]

By December 13, 2017 0 Comments Read More →
Anti-pipeline group Bold Nebraska rallying against Keystone XL

Anti-pipeline group Bold Nebraska rallying against Keystone XL

Bold Nebraska meeting with landowners along approved route Bold Nebraska, the Cornhusker state’s main anti-pipeline group, is gearing up to fight TransCanada’s Keystone XL pipeline project which was recently approved by Nebraska regulators. The group is speaking with landowners it says were not given a voice in the regulatory process. These landowners are situated along […]

By December 13, 2017 0 Comments Read More →
World Bank teams up with Canada to help developing countries transition from coal

World Bank teams up with Canada to help developing countries transition from coal

Starting in 2019, World Bank Group will stop financing upstream oil and gas exploration and production in developing countries The World Bank says it will work with Canada to help developing countries transition away from coal-fired power generation. In a separate announcement at the One Planet Summit, the global organization set up to promote economic development and […]

By December 13, 2017 0 Comments Read More →

Energy Financial

Oil prices dip on higher gasoline inventories, US output

Oil prices dip on higher gasoline inventories, US output

Oil prices down despite significant decline in US crude stocks Oil prices fell on Wednesday despite data from the US Energy Information Administration showing a significant decline in US crude stocks. Prices dipped due to a larger-than-expected increase in US gasoline inventories and ballooning crude output from US producers. By 2:57 p.m. EST, US WTI […]

By December 13, 2017 0 Comments Read More →
Oil prices dip after early session surge due to pipeline shutdown

Oil prices dip after early session surge due to pipeline shutdown

Oil prices rise to two-year high before losing gains On Tuesday, oil prices surged to a two-year high after cracks found in the Forties pipeline shut down the United Kingdom’s largest North Sea crude pipeline, cutting into the supply of Brent crude. The 406,000 barrels per day (b/d) pipeline was shutdown on Monday, the first […]

By December 12, 2017 0 Comments Read More →
Oil prices rise on North Sea pipeline shutdown, New York blast

Oil prices rise on North Sea pipeline shutdown, New York blast

Oil prices up as investors shift to hard-asset commodity markets following NY explosion Oil prices reversed early declines on Monday after reports of a shutdown at a North Sea pipeline and an explosion rocked the New York Port Authority Bus Terminal. By 1:32 p.m. EST, Brent had risen by $1.23 to $64.63/barrel and US WTI […]

By December 11, 2017 0 Comments Read More →