Archive for January, 2016

Nenshi, Iveson should shut up, take their cue from Notley on Energy East

Nenshi, Iveson should shut up, take their cue from Notley on Energy East

Polarized debates around other important pipeline projects led to defeat. Lesson? Don’t polarize Energy East debte Have Alberta mayors learned nothing from the debacle that is the BC pipeline debate? Or the equally humiliating debacle of Keystone XL that ended with President Obama rejecting the Canadian proposal outright? Yet, earlier this week, Calgary Mayor Naheed Nenshi […]

US agrees to environmental review of offshore fracking

US agrees to environmental review of offshore fracking

Department of Interior to determine if offshore fracking threatens water quality, marine life LOS ANGELES _ The federal government has agreed to stop approving oil fracking off the California coast until it studies whether the practice is safe for the environment, according to legal settlements filed Friday. Separate deals reached with a pair of environmental […]

By January 30, 2016 0 Comments Read More →
Energy storage for solar systems will be $8 billion global  market in 2026

Energy storage for solar systems will be $8 billion global market in 2026

Energy storage, combined with falling distributed solar power costs, will accelerate adoption of solar in coming years Energy storage systems for distributed solar are gaining market traction and should be worth $8 billion in 2026, according to a new study from Lux Research. Solar-plus-storage is key for solar to overcome limitations like intermittency and the lack […]

By January 30, 2016 0 Comments Read More →
Midland, Texas-based advertising sales person wanted for energy news site

Midland, Texas-based advertising sales person wanted for energy news site

North American Energy News is ready to grab another gear, maybe two. We spent the past year developing a readership of 30,000 to 50,000/month of professional oil and gas readers, most of them in Texas Permian Basin and Midland area. And we’ve developed a great premium advertising product. You can check out examples of Midland-based […]

Is Notley NDP the most pro-Big Oil government in Alberta history?

Is Notley NDP the most pro-Big Oil government in Alberta history?

The Notley evidence: Favourable royalty review, climate change policies designed to increase oil sands market access, pipeline coalition building Back in May, I wrote a column about the Alberta oil and gas royalty review that still makes a lot of sense in light of today’s report by the review commission. The column quoted Gordon Sick, professor of finance […]

By January 29, 2016 Read More →
Chevron posts first money losing quarter since 2002

Chevron posts first money losing quarter since 2002

Chevron cutting spending, laying off workers, selling assets DALLAS _ Chevron suffered its first money-losing quarter since 2002 in the final three months of last year, as plunging crude prices chopped more than one-third from its revenue. Oil traded this month at levels not seen since 2003, although it has rebounded slightly in the last few […]

By January 29, 2016 0 Comments Read More →
Alberta royalty review: Oilsands rates remain the same

Alberta royalty review: Oilsands rates remain the same

Alberta royalty review says rates should also take into account drilling costs CALGARY _ Pent-up anxiety over changes to Alberta’s oil and gas royalties dissipated Friday after the provincial government revealed it’s keeping the status quo for oilsands players and simplifying the system for conventional oil and gas wells. A four-member panel led by Dave […]

By January 29, 2016 1 Comments Read More →
US rig count continues to fall, this week down by 18

US rig count continues to fall, this week down by 18

US rig count down by 17 oil, 1 gas rig HOUSTON _ On Friday, Baker Hughes released its weekly rig count which showed the number of rigs searching for oil and gas in the United States as well as Canada had dropped. For the fourth consecutive week, the number of rigs in the US had […]

By January 29, 2016 0 Comments Read More →
Baker Hughes sees big drop in 2015 North American revenue

Baker Hughes sees big drop in 2015 North American revenue

Baker Hughes revenue for 2015 was $15.7 billion, down $8.8 billion compared to$24.6 billion for 2014 HOUSTON, Texas – Baker Hughes, soon to be merged with oil services giant Halliburton, is reporting a profit despite the challenging global price environment, the company reported last week. “Our 2015 results are reflective of an extremely difficult and increasingly […]

By January 29, 2016 0 Comments Read More →
China a ‘booming market’ for wind energy – Navigant

China a ‘booming market’ for wind energy – Navigant

China ranked as “Booming,” while United States, India, and Germany are ranked as wind energy “Outperformers” A new study says that as the cost of wind energy continues to drop rapidly, China is emerging as the top global adopter of the new technology, according to a new study from Navigant Research. “Perhaps the most important insight from […]

By January 29, 2016 0 Comments Read More →