Oil prices edge up in thin trading on President’s Day By Devika Krishna Kumar NEW YORK, Feb 20 (Reuters) – Oil prices inched higher on Monday, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained rally, although growing U.S. output and stubbornly high stockpiles kept price gains in check. Top […]
Oil prices rise, but swelling U.S. output caps rally Read More »
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
Canadian Energy Politics for Dummies, a refresher for the rest of us Read More »
Shipment of North Korean coal rejected at Wenzhou port SHANGHAI, Feb 18 (Reuters) – China will suspend all imports of coal from North Korea starting Feb. 19, the country’s commerce ministry said in a notice posted on its website on Saturday, as part of its efforts to implement United Nations sanctions against the country. The
China to suspend all imports of coal from North Korea Read More »
Private sector says it has no interest in developing new coal fired power plants SYDNEY, Feb 19 (Reuters) – Australia is considering altering legislation to enable funds slated for clean energy developments to be used to bankroll construction of new low emission, coal fired power plants. The suggestion by Energy Minister Josh Frydenberg comes after
Clean energy fund could underwrite new coal fired power plants in Australia Read More »
2016 was a big year for advances in clean energy technology Clean energy made critical strides in 2016. The Paris Climate accords went into effect, the price of solar installations continued to drop, investments in renewable energy soared, offshore wind finally got under way in the United States, and scientists made a series of technical
Biggest clean energy technology advances in 2016 Read More »
No one injured in California refinery explosion Feb 18 (Reuters) – A fire broke out after an explosion on Saturday at a California oil refinery that local residents had planned to protest against later in the day due to concerns over pollution and past accidents. Firefighters in the city of Torrance, near Los Angeles, extinguished
Fire hits California refinery targeted by protest Read More »
Saudi Aramco leak near Abqaiq KHOBAR, Saudi Arabia, Feb 18 (Reuters) – State oil giant Saudi Aramco said on Saturday it had contained a “limited” oil leak from one of its pipelines near Abqaiq that had caused the death of a contractor and injured three other people, including an Aramco employee. Aramco gave no details on
Saudi Aramco: “Limited” oil pipeline leak contained, one person died Read More »
Texas has more than 20 MW of installed wind capacity, nearly 1/4 of market, followed by Iowa and Oklahoma (Reuters) – Wind energy has surpassed hydropower as the biggest source of renewable electricity in the United States following the sector’s second-biggest quarter ever for new installations, according to a wind industry trade group. Wind installations
Wind surpasses hydro as largest US renewable energy source Read More »
Significant oil/gas feedstocks, lower financial constraints position Iranian petrochemical company for strong growth HOUSTON – NPC Iran, the large, state-owned petrochemical conglomerate of Iran, is positioned for strong market growth and expanded exports, thanks, in part, to easing sanctions and an abundant supply of flexible feedstocks, according to a new analysis from IHS Markit. According to the
Sanction relief strengthens outlook for Iranian petrochemical producer NPC Iran Read More »
United States leads in GHG reduction due to replacing coal with natural gas – Fatih Birol, IEA by Seth Whitehead, EnergyInDepth EIA has again upwardly revised its U.S. crude oil production projections, forecasting production will reach 9.53 million barrels per day (MMbpd) in 2018 — which would be the highest U.S. output since 1970. EIA’s
United States on verge of becoming net energy exporter Read More »
