Shell Gabon assets valued at around $700 million By Ron Bousso LONDON, Nov 25 (Reuters) – Royal Dutch Shell is in advanced talks with a party interested in buying its onshore operations in Gabon as part of a $30 billion divestment plan following its purchase of BG Group, which was completed in February. Shell had informed its […]
Shell Gabon sale talks ongoing as company seeks to hit divestment target Read More »
Trudeau Liberals will appeal to moderate Metro Vancouver voters, tout climate policies to gain support for Trans Mountain pipeline construction A new poll suggests British Columbians are staunchly opposed to the Trans Mountain Expansion pipeline and the Liberals could lose up to 40 per cent of their vote next election. Will Justin Trudeau back down? The
Polls reveal Trans Mountain strategies of Trudeau Govt, opponents Read More »
“Corporations understand the risks posed by climate change”: Climate activist By Ross Kerber BOSTON, Nov 25 (Reuters) – Activist shareholders plan a record number of resolutions focused on climate change at U.S. company annual meetings in 2017, even as President-elect Donald Trump looks set to loosen environmental regulations. Based on filings so far, U.S. companies
More shareholder climate change votes ahead, as Trump may loosen energy rules Read More »
Oil prices down over two per cent By Jessica Resnick-Ault BOSTON, Nov 25 (Reuters) – U.S. crude fell nearly 4 per cent on Friday, dragged down by uncertainty over whether the Organization of the Petroleum Exporting Countries will reach an output deal, after Saudi Arabia said it will not attend talks on Monday with non-OPEC producers
Oil prices fall $2 a barrel on OPEC cut uncertainty ahead of meeting Read More »
Saudi Arabia wants OPEC members to agree to cuts, then present deal to non-OPEC countries By Rania El Gamal, Dmitry Zhdannikov and Alex Lawler DUBAI/LONDON, Nov 25 (Reuters) – Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non-OPEC producers to discuss limiting supply, OPEC
Saudi Arabia wants OPEC to solve own problems before meeting non-OPEC Read More »
Alberta government also reached settlement with Capital Power on litigation associated with Power Purchase Arrangements The Government of Alberta has announced agreements with TransAlta, Capital Power, and ATCO to end coal-fired emissions on or before Dec. 31, 2030. The agreements will see the companies, which own six coal-fired electricity units originally slated to operate beyond
Alberta to pay $1.36 billion to power companies affected by coal transition Read More »
Tables have turned as US fracking actually began sending liquefied shale gas to Kuwait and United Arab Emirates By Katie Brown, PhD, EnergyInDepth Thanksgiving is on the horizon, and there’s much to be thankful for, including the fact that fracking has rapidly increased energy security, changing our landscape from one of scarcity (and being overly dependent
In Thanksgiving for increased energy security from fracking Read More »
Libya’s National Oil Corporation’s target of 900,000 b/d by end of year depend on ending blockade of western pipeline Wood Mackenzie’s latest study on Libya’s oil production shows the country’s output has doubled from 300,000 barrels a day in early Sept. to close to 600,000 barrels a day today, adding to the global oil supply glut.
Libya’s oil production shows signs of continued gains – Wood Mackenzie Read More »
Total CEO says OPEC deal possible only if Russia participates By Bate Felix PARIS, Nov 24 (Reuters) – The OPEC deal to cut global oil production is possible, but would only happen if countries that do not belong to the Organization of the Petroleum Exporting Countries also agree to cut output, Total’s chief executive said on
Total CEO says OPEC deal possible only if Russia participates Read More »
Oil companies slash production by 2.4 per cent in Q3 By Ron Bousso LONDON, Nov 24 (Reuters) – The world’s listed oil companies have slashed oil output by 2.4 per cent so far this year during one of the industry’s worst downturns as OPEC battles to agree on its first production cut since 2008. The
Oil companies shoulder pain of downturn with lower output Read More »
