New Technology & Innovation

$250,000 Tesla Roadster upstages Tesla Semi unveiling

$250,000 Tesla Roadster upstages Tesla Semi unveiling

Tesla Roadster has 620 mile range On Tuesday evening just as Elon Musk wrapped up the Tesla Semi reveal, the Tesla Roadster wowed the crowd when it drove out of the big truck’s trailer, into the spotlight. Tesla Chief Executive Elon Musk said the second-generation $250,000 EV would be the fastest production car ever. The […]

By November 17, 2017 0 Comments Read More →
Fleet of GM EVs to be released in 2021, challenging Tesla, Ford

Fleet of GM EVs to be released in 2021, challenging Tesla, Ford

GM EVs to be built on platform that will accommodate multiple sizes, segments General Motors CEO Mary Barra told investors on Monday that the new family of GM EVs, expected to launch in 2021, will be profitable for the number one automaker in the United States. Barra’s plans are seen as a direct challenge to […]

By November 17, 2017 0 Comments Read More →
Tesla Semi unveiled Thursday as company struggles with Model 3 roll out

Tesla Semi unveiled Thursday as company struggles with Model 3 roll out

Tesla Semi release helps boost company shares On Thursday evening, Tesla Inc. will unveil its Tesla Semi, the company’s prototype electric big rig truck, at a time when the Palo Alto based company is struggling to produce its Model 3 sedan. The unveiling will be seen live, at Tesla.com at 8 p.m. PST. Tesla’s Chief […]

By November 16, 2017 0 Comments Read More →

Markham on Energy

‘The era of oil is not yet over’ says IEA, but is it time for a new Alberta oil strategy?

‘The era of oil is not yet over’ says IEA, but is it time for a new Alberta oil strategy?

Partially upgrading every barrel of oil sands bitumen could make Alberta much more competitive in US markets Oil’s not going anywhere in a hurry, according to the International Energy Agency in its new World Energy Outlook. Not even widespread adoption of electric vehicles puts a dent in oil consumption before 2040. But the big news […]

By November 15, 2017 2 Comments Read More →
‘Lower forever’ oil prices mean Alberta needs to quickly rein in budget deficits – Part 1

‘Lower forever’ oil prices mean Alberta needs to quickly rein in budget deficits – Part 1

MacKinnon/Mintz prescription for balanced budget: constrain public sector wages, reduce healthcare costs, lower business taxes Sooner or later, an Alberta government will have to grapple with the effect of “lower forever” oil prices – to quote Shell CEO Ben van Beurden – on the province’s treasury. A new report from the School of Public Policy […]

By November 14, 2017 0 Comments Read More →
De-carbonized natural gas goal of next ARCTIC technology challenge

De-carbonized natural gas goal of next ARCTIC technology challenge

$500,000 in funding available for combined Challenge Sprint and Field Testing Natural gas is already the cleanest fossil fuel, but a new competition aims to “de-carbonize” Canada’s gas supply even further, possibly helping the country meet its Paris Climate Accord commitments. In this podcast, I interview Neil Huff of the Foresight Cleantech Accelerator Centre and […]

By November 12, 2017 0 Comments Read More →

Energy Politics

Wind leading the renewable energy charge -GWEC

Wind leading the renewable energy charge -GWEC

Wind Power leading the charge to drive out fossils With over 500 GW installed worldwide, wind power has become the leading source of new power generation in Europe and in many countries around the world, according to a press release from the Global Wind Energy Council (GWEC). In 2016 alone $112.5 billion were invested in […]

By November 14, 2017 1 Comments Read More →
Trump visits Beijing championing LNG exports, Alaska signs deal with China

Trump visits Beijing championing LNG exports, Alaska signs deal with China

Chinese LNG demand could reach 330 bcm by 2020, up from 206 bcm in 2016 The Trump administration has been championing U.S. energy exports as its preferred instrument for narrowing its trade deficit in the wake of the U.S. shale boom, according to Wood Mackenzie. A combination of rising export capacity in the U.S., LNG […]

By November 9, 2017 1 Comments Read More →
New poll suggests political risks for Conservative politicians without climate plan

New poll suggests political risks for Conservative politicians without climate plan

“Half of voters won’t consider politicians who don’t take the issue seriously.” By Bruce Anderson, Chairman, Abacus Data Twenty years ago, when the world’s leaders were debating the Kyoto Accord, a case could be made that politicians who chose to be early champions of action to reduce emissions were running a certain amount of political […]

By November 9, 2017 1 Comments Read More →

Energy News

Column: Distillate fuel oil market set to tighten in 2018

Column: Distillate fuel oil market set to tighten in 2018

Most distillate fuel oil used for high-powered engines By John Kemp LONDON, Nov 17 – US refineries are struggling to meet booming demand for distillate fuel oil at home and in export markets which will leave the distillate market very tight in 2018. Even if the northern hemisphere winter is only averagely cold, the distillate […]

By November 17, 2017 0 Comments Read More →
TransCanada’s Keystone Pipeline leaks 5,000 barrels of oil just days before Nebraska decides its fate

TransCanada’s Keystone Pipeline leaks 5,000 barrels of oil just days before Nebraska decides its fate

TransCanada operates network of pipelines extending over 91,500 kilometres TransCanada crews safely shut down its Keystone pipeline at approximately 6 a.m. CST (5 a.m. MST) after a drop in pressure was detected in its operating system resulting from an oil leak that is under investigation, according to a press release. This comes just days before […]

By November 16, 2017 0 Comments Read More →
Transportation constraints, export costs widen Brent-WTI crude oil price spread

Transportation constraints, export costs widen Brent-WTI crude oil price spread

 China is second-largest destination for U.S. crude oil exports In its Nov. Short-Term Energy Outlook (STEO), EIA forecasts the price difference between West Texas Intermediate (WTI) crude oil priced at Cushing, Oklahoma, and Brent, the global crude oil price benchmark, to remain at $6 per barrel (b) through the first quarter of 2018 before narrowing to $4/b […]

By November 16, 2017 0 Comments Read More →

Energy Financial

Oil prices rise, but still on track for weekly drop

Oil prices rise, but still on track for weekly drop

Oil prices rise Friday after five straight days of losses Oil prices rose on Friday after five straight days of losses on expectations that OPEC will extend its agreement to reduce output as well as the shutdown of the Keystone pipeline after a leak was reported on Thursday. By 1:31 p.m. EST, Brent crude had […]

By November 17, 2017 0 Comments Read More →
Suncor to increase production in 2018 while capital spending drops $750 million

Suncor to increase production in 2018 while capital spending drops $750 million

Oil sands cash costs per barrel are $23-26 dollars Suncor released its 2018 corporate guidance today which includes a capital program of between $4.5 and $5.0 billion and average upstream production of 740,000 to 780,000 boe/d, according to a press release. The midpoints of these ranges represent a year over year production increase of more […]

By November 17, 2017 0 Comments Read More →
Oil prices dip for fifth straight day on rising US production, inventories

Oil prices dip for fifth straight day on rising US production, inventories

Oil prices could drop more if OPEC deal not extended Oil prices dipped Thursday on rising US production and crude stocks, dampening the recent rally spurred by tightening global supply due to OPEC’s supply cut pact. As of 1:36 p.m. EST, benchmark Brent was down 32 cents to $61.55 and US WTI fell by 4 […]

By November 16, 2017 0 Comments Read More →