Author Archive: Jude Hislop

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Massive oil discovery breathes new life into Alaska’s North Slope

Massive oil discovery breathes new life into Alaska’s North Slope

New contingent resource estimate of 1.2 billion barrels of oil for acreage on Western North Slope On March 9, Repsol announced the largest conventional onshore US discovery in over 30 years, news that comes on the heels of ConocoPhillips’ Willow discovery earlier this year, according to Wood Mackenzie. In the latest report, Wood Mackenzie analysts discuss […]

Colorado Democratic leaders tout benefits of oil/gas, urge ‘collaborative conversation’

Colorado Democratic leaders tout benefits of oil/gas, urge ‘collaborative conversation’

“The more discussion, the higher probability we’ll get a solution both sides can live with” By Aileen Yeung, EnergyInDepth At an event sponsored by the Colorado Petroleum Council and the American Petroleum Institute (API) yesterday, Colo. Gov. John Hickenlooper (D), Denver Mayor Michael Hancock (D), and API president and chief executive officer Jack Gerard hailed […]

Texas can’t take for granted all that’s possible because of oil & natural gas – opinion

Texas can’t take for granted all that’s possible because of oil & natural gas – opinion

“Texans benefit when our lawmakers embrace smart policy that allows the oil and natural gas industry to provide for Texas” – Staples By Todd Staples, Texas Oil & Gas Assoc. With 100-plus years of oil and natural gas history in Texas, it may be tempting to take for granted all that is possible because we […]

Oil Sands Innovation Summit 2017 showcases new tech, environmental performance

Oil Sands Innovation Summit 2017 showcases new tech, environmental performance

Topics include carbon dioxide capture/storage, water treatment, sustainable land reclamation, novel tailings technologies Alberta Innovates, Canada’s Oil Sands Innovation Alliance (COSIA) and Natural Resources Canada have partnered to host the Oil Sands Innovation Summit 2017, on March 21 and 22, in Calgary, according to a press release. The two-day Summit spotlights the environmental and performance […]

US biomass-based diesel imports increase 65%, set new record in 2016

US biomass-based diesel imports increase 65%, set new record in 2016

Net imports of biomass diesel to remain largely unchanged at 800 million gallons in 2017 US imports of biomass-based diesel, which include biodiesel and renewable diesel, increased by 65 per cent in 2016 to reach a record level of 916 million gallons, according to the US Energy Information Administration. Increasing Renewable Fuel Standard (RFS) targets and […]

Pengrowth sells Alberta properties for $180 million

Pengrowth sells Alberta properties for $180 million

Pengrowth will use the sale to further reduce its level of debt Pengrowth Energy Corporation announced it entered into an agreement for sale of a portion of its Swan Hills assets in North Central Alberta for total cash consideration of $180 million, the company said in a press release. The sale of the Swan Hills assets […]

Scottish independence puts £44 billion in oil and gas revenue in question

Scottish independence puts £44 billion in oil and gas revenue in question

1.3 billion boe of yet to find resources for Scotland are undiscovered Just two-and-a-half years after the 2014 referendum, the prospect of Scottish independence is again on the UK agenda. The picture has improved since 2014, but there are still a number of issues on the UKCS, according to an analysis from Wood Mackenzie. Since […]

North America can play bigger role in global marine bunker fuel market

North America can play bigger role in global marine bunker fuel market

North American refiners have opportunity to take larger share of global bunker market “In light of new marine fuel regulations in 2020, North America has the opportunity to take a much bigger role in the future global bunker market given its capabilities to be a major supplier of ultralow sulfur fuel oil (ULSFO) components and […]

New IEA data shows US continues to lead world in GHG reductions

New IEA data shows US continues to lead world in GHG reductions

Forecast to average 73.7 billion cubic feet per day in 2017, a 1.4 Bcf/d increase from the 2016 level By Amber Glenn, EnergyInDepth New International Agency Agency (IEA) data released today further confirms that U.S. shale gas development is spearheading global efforts to reduce carbon emissions. The IEA reports that global CO2 remained flat for […]

US gasoline demand poised to decline by over 1.7 million b/d by 2030

US gasoline demand poised to decline by over 1.7 million b/d by 2030

If Midwest must push into the Gulf Coast to clear gasoline surplus, Midwest gasoline pricing could be severely depressed Following strong demand growth in 2015 and 2016, US gasoline demand surpassed its 2007 peak to reach 9.4 million b/d—nearly half of the country’s total refined product demand, according to Wood Mackenzie. However, gasoline demand may be […]