Archive for November, 2017

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 →
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 →
CNRL to boost Alberta oil sands production 50% in 2018

CNRL to boost Alberta oil sands production 50% in 2018

2018 production targeted between 1,090,000 BOE/d and 1,170,000 BOE/d Canadian Natural Resources Ltd. announced its 2018 budget, with a capital investment of $4.3 billion, $500 million less than 2017, and a 50 per cent increase in oil sands production, according to a press release. “Canadian Natural’s transition to a long life low decline asset base is […]

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 →
Growth in global energy-related CO2 emissions expected to slow

Growth in global energy-related CO2 emissions expected to slow

 Technology improvements mitigate population growth-related increases in energy demand EIA projects that growth in global carbon dioxide (CO2) emissions from energy-related sources will slow despite increasing energy consumption, according to the U.S. Energy Information Administration. EIA’s International Energy Outlook 2017 (Reference case) projects that energy-related CO2 emissions will grow 0.6 per cent per year from 2015 to […]

By November 16, 2017 1 Comments Read More →
Alberta to give municipalities relief on oil and gas uncollected tax

Alberta to give municipalities relief on oil and gas uncollected tax

Cost estimate of program determined once applications received from municipalities, $10 million cap The Alberta government is supporting municipalities by providing a tax credit for uncollectable education property taxes on oil and gas properties, according to an Alberta government press release. Municipalities collect education property taxes on behalf of the province through their municipal property […]

By November 16, 2017 0 Comments Read More →
Brazeau County, Alberta – solar energy in oil and gas country

Brazeau County, Alberta – solar energy in oil and gas country

Hewers of wood, drillers of oil – municipal offices powered by solar energy By David Dodge, Green Energy Futures Bart Guyon is a rancher and businessman. Decked out in his trademark suspenders the Reeve of Brazeau County certainly looks the part and when asked to describe his home he smiles and shares a practiced line: […]

By November 16, 2017 0 Comments Read More →
Online campaign aims to bring more electric cars to Canada

Online campaign aims to bring more electric cars to Canada

Campaign wants Canadians to support an aggressive zero-emissions vehicle policy A new campaign based on the assumption that Canadians have bought fewer electric vehicles because they have fewer models to choose from, especially compared to Americans. That needs to change, argue five leading Canadian organizations that are together driving the point home via a new […]

By November 15, 2017 0 Comments Read More →
Lower emissions and costs with winning oil sands SAGD heating technology

Lower emissions and costs with winning oil sands SAGD heating technology

“Challenge programs like these have been great for connecting COSIA members with innovators who may have potential solutions to the problems we are trying to solve.” AMSEnergy’s Heat Pipe Heat Exchanger (HPHX) technology is the winner of the final stage of the ARCTIC Waste Heat Challenge, Foresight Cleantech Accelerator Centre and COSIA announced in a press release. The technology is […]

By November 15, 2017 0 Comments Read More →
‘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 →