Jude Hislop

Canadian economy grew in 2017, but will slow significantly in 2018 – Conference Board

Canada

Strong employment gains in 2017, but job creation will cool in 2018, though wage growth is expected to accelerate by 3.1% As 2017 comes to a close, the Canadian economy is on track to record its fastest pace of growth since 2011 thanks to strong consumer spending and a hot housing market. Next year, however, growth […]

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Permian Basin smashes production record from 1973 by 25 million barrels

USA

Permian production peak will push U.S. to new record liquids production by end of 2018 The prolific Permian Basin, a mature hydrocarbon ‘super basin’ located in west Texas and southeastern New Mexico, reached a new oil-production record of 815 million barrels or more* in 2017—far exceeding its previous peak of 790 million barrels set in

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Carbon Engineering turns CO2, water into a synthetic mixture of gasoline and diesel

Innovation

Carbon Engineering claims their technology is best option for large scale commercialization of technology Last week, the Carbon Engineering team demonstrated “Air to Fuels” by directly synthesizing a mixture of gasoline and diesel using only CO2 captured from the air and hydrogen split from water with clean electricity, according to a press release. The last

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Harvest re-starting work on 10,000 b/d Blackgold oil sands project

Canada

With oil prices stabilizing, Harvest decided to move forward with BlackGold Harvest Operations Corp. announced the decision to re-sanction and complete the construction and commissioning of its 10,000 bbl/d BlackGold SAGD oil sands project near Conklin, Alberta, according to a press release. Harvest had previously suspended work in early 2015 dues to the drastic fall

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$115 million funding now available for pre-commercial clean technology

Innovation

No minimum amount of funding or leverage required The Natural Resources Canada Clean Growth Program has made funding available to advance pre-commercial technology, including up to first commercial installations, in Canada’s energy, mining and forestry sectors. With $115 million available, the deadline for Letters of Intent is February 7, 2018, 12:00 p.m. EST. The federal

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CNR supports CanaPux pilot project to ship solid bitumen by rail

Innovation

Toyo will create equipment to solidify and re-liquefy up to 1,000 barrels of bitumen per day for pilot project CNR says Calgary-headquartered Toyo Engineering Canada Ltd. has been selected to design and build a pilot project to produce CanaPux pellets, a key step toward demonstrating the commercial viability of moving bitumen by rail in solid form, according to

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Early $150 million Christmas present for Alberta energy efficiency, climate action programs

Canada

Industry eligible for to upgrade facilities/equipment to improve energy efficiency, reduce operating costs, improve competitiveness Santa Claus and his helpers in the form of Kent Hehr and Shannon Phillips dropped down Alberta’s chimney last week, leaving behind funding for that will help Albertans save money and energy while supporting the province’s climate objectives. The $150

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Canada announces $80 million for new research to prevent oil spills in coastal waters

Canada

$17.7 million will be spent enhancing ocean models of winds, waves and currents in 6 ports, including Kitimat and Vancouver The Government of Canada announced Monday it is funding new scientific research that will improve knowledge and new technologies to mitigate and prevent marine incidents, such as oil spills. The money is part of the $1.5

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Global coal demand to remain flat to 2022, resulting in a decade of stagnation

News

Urgent action needed to support Carbon Capture, Utilisation and Storage (CCUS) technologies for coal power plants Global demand for coal should remain nearly flat between 2017 and 2022, resulting in a decade of stagnation for coal consumption, according to the International Energy Agency’s annual coal market report. Global coal consumption fell 1.9% to 5,357 million tonnes

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