Trump hosts top US oil executives as trade wars threaten
Donald Trump, the U.S. president, will be hosting top oil executives in the White House this Wednesday to discuss plans for boosting domestic energy production amid falling crude prices and trade wars. This will be Trump's…
Alaska LNG project to start by 2030, says state governor
Alaska Governor Mike Dunleavy announced on Friday that exports of liquefied gas from Alaska may begin as early as 2030. In his speech to Congress, Donald Trump praised the $44 billion Alaska LNG Project. The project will…
Alaska LNG project could begin as early as 2030, says state governor
Alaska Governor Mike Dunleavy announced on Friday that exports of liquefied gas from Alaska may begin as early as 2030 or 2031. In his speech to Congress, Donald Trump praised the $44 billion Alaska LNG Project. The project…
CERAWEEK - Small nuclear power struggles on the cusp of US electric demand boom
Small modular nuclear reactors are touted by everyone from the U.S. Energy Secretary to Big Tech as the answer to the booming demand for power. However, the technology has struggled to reach commercialization due to cost and regulatory obstacles.
Commonwealth LNG sees new interest after securing export license
The owner of the Commonwealth LNG project said that the interest in the project has increased since the export license was granted by the Trump administration last month. In February, the U.S. Department of Energy approved…
DeepSeek fears subside, US power companies spend more on data centers
U.S. Electric utilities are increasing their spending plans by tens and even hundreds of millions of dollars in order to upgrade the grid and build new power sources as artificial intelligence data centers and cloud computing drives up energy consumption.
EIA: US natgas production and demand will reach record highs by 2025
The U.S. Energy Information Administration released its Short-Term Energy Outlook Tuesday, predicting that both the U.S. Natural Gas output and demand would reach record highs by 2025. EIA's projected dry gas production is…
After holiday weekend, US demand for natgas is expected to reach record levels
The U.S. demand for natural gas is expected to hit a record next week, as the extreme cold that has gripped the U.S. this winter will put pressure on power grids again the day following the Martin Luther King Jr. Day weekend.
Argentina negotiates gas imports with Bolivia and Chile after heatwave increases demand
Bolivia and Chile have begun talks to resume gas exports to Argentina, amid a spike in demand sparked by a heatwave this summer. This highlights the challenges facing the government of Buenos Aires in its quest to become self-sufficient in energy.
Trump announces that he will immediately revoke the offshore drilling ban imposed by Biden
Donald Trump, the U.S. president-elect, said Tuesday that he would move quickly to lift a ban on offshore oil and natural gas drilling announced by Joe Biden, the outgoing Democratic president. "Banning off-shore drilling will not hold.
Eastern Canadian provinces replace controversial Churchill Falls Hydropower deal
On Thursday, the Canadian province Newfoundland and Labrador signed a Memorandum of Understanding with its neighboring Quebec to create a deal for hydroelectric generation in Labrador. This agreement is expected to generate…
Canada Environment Minister warns oil companies against retaining emissions data
Canada's Environment Minister warned Wednesday that oil companies who withheld data on emissions would be violating federal law. This was after Alberta's Premier said the province had considered measures to stop a proposed cap.
After a tight win, the New Democratic Party (NDP) of British Columbia will form a government with ties to the left.
The New Democratic Party of Premier David Eby, who is currently in office, will form the next government for British Columbia. This comes after a final count of votes on Monday. It was more than a full week since the vote of October 19.
Voters in British Columbia's provincial election are focused on affordability and healthcare.
British Columbia, Canada's most western province, is preparing to elect its provincial government on October 19. Polls indicate that the incumbent New Democratic Party holds a narrow lead over the main rival Conservative Party.
Canadian Natural Gas Companies eager to capitalize on the LNG boom flood the market with excess supply
Analysts said that a huge LNG Canada terminal, led by Shell, could struggle to raise Canadian natural-gas prices dramatically when it begins operating next year, because of a glut of supply waiting to be released. Storage was full…
Suncor Posts Higher Upstream Production
Suncor Energy Inc, Canada's second-largest oil and gas producer, on Wednesday reported a 5% rise in second-quarter operating profit and higher upstream production.Suncor's total production rose to 803,900 barrels of oil equivalent per day (boepd) in the quarter…
Michigan Sues to Shut Down Enbridge Oil Pipeline in Great Lakes
The U.S. state of Michigan has filed a lawsuit asking for an Enbridge Inc oil pipeline that runs under the Straits of Mackinac in the Great Lakes to be decommissioned, a statement from Michigan's attorney general said on…
Suncor Q1 profit beats estimates
Canada's Suncor Energy Inc reported a profit on Wednesday that beat analysts' estimates as the integrated oil producer reaped the benefits of improved Canadian heavy crude pricing due to Alberta's production curtailments.The…
Canada Oil Producers Fill Pipelines, Railroads
Canadian oil producers are running out of options to get crude to market as pipeline and rail capacity fills up, driving prices to four-year lows and increasing the risk of firms having to sell cheaply until at least late 2019.
Oil Falls From 2015 Highs as Rally Fizzles
Oil prices dipped on Wednesday after hitting a near two-and-a-half year high in the previous session as a rally fuelled by supply outages in Libya and the North Sea ran out of momentum. Brent crude futures dropped to $66.38 a barrel…
