While global demand for renewable energy sources will continue to increase at an unprecedented rate over the coming decades, oil demand is expected to remain resilient and plateau at around 108 million bbls/d by the mid-2030s, BP plc said in its 2019 Energy Outlook released this morning.
February 14, 2019, 11:08 AM MST
January 24, 2019, 8:38 AM MST
October 9, 2018, 9:40 AM MDT
One of Canada’s leading energy researchers says that the climate narrative doesn’t have to be so negative. Oil and gas both can be and needs to be seen as part of the solution, ARC Energy Institute executive director Peter Tertzakian said on Thursday.
September 28, 2018, 10:16 AM MDT
What happens in China has consequences for global energy markets. That’s why I was excited to journey to the Asian economic giant this past summer. Family in tow, I traveled over 3,500 km by train, cutting a path from Beijing in the North to Shenzhen in the South. I saw a lot, learned a lot and could not help but make some energy-related observations along the way.
September 28, 2018, 8:24 AM MDT
Two new reports from European energy consultancies point to a peak in oil demand as early as the mid 2020s, the ascendency of natural gas as the preeminent fossil fuel in a carbon-constrained world, and major ramifications for producers and investors as the clean energy transition takes hold.
September 18, 2018, 12 AM MDT
TransCanada Corporation has entered into an agreement to sell its 62 per cent share of the Cartier wind power facilities, and its related operating entities, to Innergex Renewable Energy Inc. for approximately $630 million. Located in Québec, the Cartier assets include five wind farms with a total generating capacity of 590 megawatts, of which TransCanada’s share is 365 megawatts.
August 2, 2018, 3:39 AM MDT
For the third consecutive year global energy investment declined in 2017 to US$1.8 trillion, or a decline of two per cent in real terms, the International Energy Agency (IEA) said in its latest market forecast released today.
July 17, 2018, 6 AM MDT
Enbridge Gas Distribution Inc. and Hydrogenics Corporation today announced that the first major energy storage facility using hydrogen in North America is now operational.
July 16, 2018, 11:18 AM MDT
June 28, 2018, 11:14 AM MDT
BP plc is working across the supply chain to support the development of the technologies and infrastructure required to support the growth of electric vehicles (EV) worldwide.
May 22, 2018, 3:09 AM MDT
More than two dozen clean-tech executives and venture capitalists have penned a letter to Premier John Horgan, asking him to back off on his opposition to the Trans Mountain pipeline expansion.
March 22, 2018, 6 AM MDT
The oil and gas industry can turn threats into opportunities by embracing new technologies to cut costs and produce a better product, an SPE Canada conference in Calgary heard on Tuesday.
March 14, 2018, 5:32 AM MDT
March 5, 2018, 7:06 AM MST
March 1, 2018, 5:42 AM MST
Demand for oil and other liquid fuels grows over much of the timeframe to 2040 but gradually slows and plateaus in the later years, BP plc says in the 2018 edition of its annual Energy Outlook released today.
February 20, 2018, 11:44 AM MST
Midstream assets deemed non-core by Enbridge Inc. and which will be monetized over time would be more valuable in the hands of a focused midstream G&P player or a financial investor, says the company’s chief executive.
December 12, 2017, 11:57 AM MST
Edmonton — Alberta chose the wrong path when it doubled down on the “junk energy” contained in the oilsands in recent years, and must move fast to join the energy transition away from fossil fuels if it hopes to avoid falling off the climate change cliff, political scientist and ecologist Thomas Homer-Dixon told an Edmonton audience Tuesday.
November 8, 2017, 7:49 AM MST
November 8, 2017, 5:46 AM MST
November 3, 2017, 4:47 AM MDT
While the downturn in commodity prices has been difficult for the oil and gas industry, it has also brought down crude prices to a level where it can compete with increasingly-affordable energy alternatives entering the market, heard the Petroleum Services Association of Canada (PSAC) industry insights forum.
November 1, 2017, 10:14 AM MDT
TransCanada Corporation has entered into an agreement to sell its Ontario solar portfolio comprised of eight facilities with a total generating capacity of 76 megawatts to Axium Infinity Solar LP, a subsidiary of Axium Infrastructure Canada II Limited Partnership, for approximately $540 million.
October 25, 2017, 7:45 AM MDT
October 24, 2017, 10:57 AM MDT
There are many benefits to northern regions producing natural gas for use within northern communities, which aside from being a cleaner, more self-sufficient form of energy than diesel, would provide career opportunities for young Indigenous peoples in the territories who comprise a large portion of the population, according to an Inuit leader.
October 20, 2017, 7:38 AM MDT
A little noticed forecast of power system growth in Alberta for the next 20 years, released this past summer by the Alberta Electricity System Operator (AESO), which manages the province’s electricity system, visualizes a dramatic slowing in demand, as a result of a shift to renewables and slower economic growth.
October 13, 2017, 6 AM MDT