New Technology & Innovation

Indian wind power tariffs hit new low in push for renewables

Indian wind power tariffs hit new low in push for renewables

Indian wind power challenging coal over long term By Sudarshan Varadhan NEW DELHI, Feb 24 (Reuters) – Indian wind power tariffs fell to a record low in a government-run auction on Friday, weeks after solar power rates too hit an all-time low, as the country looks to cut chronic electricity shortages in one of the […]

By February 24, 2017 0 Comments Read More →
Mexico tequila maker has a shot at turning agave waste into fuel

Mexico tequila maker has a shot at turning agave waste into fuel

Mexico tequila maker has a shot at turning agave waste into fuel By Sophie Hares TEPIC, Mexico, Feb 24 (Thomson Reuters Foundation) – One of Mexico’s most famous tequila companies, Herradura, hopes to turn into fuel the thousands of tonnes of waste it generates each year from the spiky blue agave plants used to make […]

By February 24, 2017 0 Comments Read More →
Global ‘digital oilfield’ market driven by migration of drilling to unconventional areas -Technavio

Global ‘digital oilfield’ market driven by migration of drilling to unconventional areas -Technavio

Need to update existing and new software will drive demand for software services in global digital oilfield market According to the latest market study released by Technavio, the global digital oilfield market size is projected to grow to USD 32.33 billion by 2021, at a CAGR of close to 5 per cent over the forecast period. This research […]

By February 23, 2017 0 Comments Read More →

Markham on Energy

Canadian Energy Politics for Dummies, a refresher for the rest of us

Canadian Energy Politics for Dummies, a refresher for the rest of us

Almost all senior Canadian governments base their policies on the energy transition model Canadian energy politics is intense – and growing more intense every year – and confusing, partly because the Alberta-based oil and gas industry is fighting a rearguard action against governments and voters, who largely support the long-term transition from fossil fuels to […]

By February 20, 2017 0 Comments Read More →
Calgary MP Len Webber must apologize for linking pipeline approval and BC opioid crisis

Calgary MP Len Webber must apologize for linking pipeline approval and BC opioid crisis

“If you’re willing to make it easier for us in Alberta, we can make it easier for you to put in safe injection sites throughout the country.” – Webber If you’re an Alberta Member of Parliament, like Calgary’s Len Webber, not antagonizing BC voters ahead of building a crucial West Coast pipeline seems, well, obvious. […]

By February 14, 2017 0 Comments Read More →
Shannon Phillips lays out case for Alberta climate policies, oil sands expansion

Shannon Phillips lays out case for Alberta climate policies, oil sands expansion

Alberta government, industry goal is to reduce oil sands GHG levels to that of conventional oil A common view in the Alberta oil patch is that the NDP are anti-oil sands and that eco-activist ideology is driving the Climate Leadership Plan. Environment Minister Shannon Phillips went out of her way to dispel that view Monday during a Markham On […]

Energy Politics

7 most absurd claims made in Physicians for Social Responsibility methane report

7 most absurd claims made in Physicians for Social Responsibility methane report

Contrary to PSR claims, fracking is reducing greenhouse gas emissions and helping mitigate climate change By Seth Whitehead, EnergyInDepth Just in time for the U.S. Senate’s impending vote on repealing the Bureau of Land Management (BLM) methane rule, Physicians for Social Responsibility (PSR) has churned out a repackaging of debunked anti-fracking studies and talking points […]

By February 24, 2017 0 Comments Read More →
Cancer incidence rates in fracking, non-fracking states

Cancer incidence rates in fracking, non-fracking states

Cancer incidence rates below national average (454.8 per 100,000) in top-four oil and gas producing states by Seth Whitehead, EnergyInDepth EID has debunked numerous activist-funded or authored health studies in recent years, and most of them have either specifically claimed fracking causes cancer or insinuated it can cause cancer, despite having no evidence to support […]

By February 24, 2017 0 Comments Read More →
Oil industry infighting heats up as EPA weighs biofuels rule change

Oil industry infighting heats up as EPA weighs biofuels rule change

Fate of biofuels program rests with Scott Pruitt, critic of RFS By Chris Prentice NEW YORK, Feb 23 (Reuters) – Oil companies showed deepening divides on the future of the U.S. biofuels program in solicited comments from the Environmental Protection Agency (EPA) over a plan sought by some refiners to shift the program’s financial burden […]

By February 23, 2017 0 Comments Read More →

Energy News

Oklahoma regulator issues new directive to curb quakes

Oklahoma regulator issues new directive to curb quakes

Oklahoma regulator limits future increases in underground wastewater disposal By Liz Hampton HOUSTON, Feb 24 (Reuters) – The Oklahoma oil and gas regulator on Friday issued a wider directive limiting future increases in wastewater disposal underground in another effort to address a rash of temblors that have occurred amid the shale boom. The guidelines include wells […]

By February 24, 2017 0 Comments Read More →
Japan pays high fee for first US shale cargoes in January

Japan pays high fee for first US shale cargoes in January

Japan paid nearly double for US shale over other suppliers By Aaron Sheldrick and Osamu Tsukimori TOKYO, Feb 24 (Reuters) – Japan in January paid nearly twice as much for liquefied natural gas (LNG) derived from US shale gas as it did for its cheapest imports, official trade data showed on Friday. Shale gas from the […]

By February 24, 2017 0 Comments Read More →
Saudi regains top oil supplier spot to China in January

Saudi regains top oil supplier spot to China in January

Saudi shipments up 19 per cent on year to 1.18 million b/d By Chen Aizhu BEIJING, Feb 24 (Reuters) – Saudi Arabia regained its spot as top crude oil supplier to China in January, rebounding sharply after a big fall in the previous month, data from the Chinese General Administration of Customs showed on Friday. […]

By February 24, 2017 0 Comments Read More →

Texas Life

Pioneer Natural Resources’ Permian Basin pathway to 1 million boe/d

Pioneer Natural Resources’ Permian Basin pathway to 1 million boe/d

Hitting 1 million boe/d still far from certain In its Q4 earnings call, Pioneer Natural Resources provide guidance on how it plans to increase its Permian Basin production to one million barrels equivalent per day (70% oil) by 2026, while pledging cash flow neutrality in 2018, according to Wood Mackenzie. Sounds great, but is it doable? In Wood […]

By February 24, 2017 0 Comments Read More →
Permian M&A production surge/profitability could trigger new wave of Asian investment

Permian M&A production surge/profitability could trigger new wave of Asian investment

Asian companies have signaled coming of potential second wave of international investments in US resource plays The dramatic resurgence in US upstream M&A activity since mid-2016 has been driven by the vast resource potential and compelling economics in the Permian Basin, according to 1Derrick. Deals in the Permian accounted for 48 per cent, or $24.8 billion, […]

By February 24, 2017 0 Comments Read More →
Texas Railroad Commission updates oil & gas enforcement data, major violation definition

Texas Railroad Commission updates oil & gas enforcement data, major violation definition

AUSTIN – The Railroad Commission of Texas is adding quarterly oil and gas enforcement data to the agency’s website, according to a press release from the Commission. The additions are part of the RRC’s “continued commitment to informing Texans about the agency’s actions to protect public safety and the environment.” Beginning with the first quarter […]

By February 17, 2017 0 Comments Read More →

Energy Financial

Husky Energy posts Q4 profit, partly on asset sales

Husky Energy posts Q4 profit, partly on asset sales

Husky Energy dropped production costs, enjoyed higher margins By Ethan Lou CALGARY, Alberta, Feb 24 (Reuters) – Canadian oil producer Husky Energy Inc reported a net profit of C$186 million on Friday, helped by a gain on asset sales and the reversal of a C$202 million ($154 million) impairment charge. Excluding the one-time items, Husky posted […]

By February 24, 2017 0 Comments Read More →
Aramco IPO could push other Gulf states to list oil assets: Economist

Aramco IPO could push other Gulf states to list oil assets: Economist

Aramco IPO expected to be the world’s biggest IPO KHOBAR, Saudi Arabia, Feb 23 (Reuters) – The Saudi Aramco IPO could encourage other Gulf countries to list their oil assets, a leading regional economist said, but the oilgiant must clear uncertainties over taxation, OPEC policy and ownership of crude. Nasser Saidi, a former economy minister […]

By February 23, 2017 0 Comments Read More →
Crescent Point Q4 loss bigger than expected as production falls

Crescent Point Q4 loss bigger than expected as production falls

Crescent Point Q4 loss bigger than expected as production falls Feb 23 (Reuters) – Canada’s Crescent Point Energy Corp reported a bigger-than-expected quarterly loss on Thursday as the company’s production fell about 6 per cent. The oil and gas producer – whose core operations are in southwest Saskatchewan, the Williston Basin and the Uinta Basin […]

By February 23, 2017 0 Comments Read More →