The oil and gas industry is facing massive innovation in energy technology with low cost renewable alternatives to hydrocarbons and Canada must act quickly if it is to benefit from global exports of natural gas, an energy conference heard Wednesday.
October 11, 2018, 8:28 AM MDT
Two new geothermal research reports released by Geoscience BC examine locations and assess the viability for geothermal energy development in northeastern British Columbia.
October 10, 2018, 8:58 AM MDT
August 28, 2018, 8:22 AM MDT
AltaGas Ltd. has successfully completed the sale of a 35 per cent indirect equity interest in the northwest British Columbia hydro electric facilities for $922 million, which implies a value of $2.6 billion on a 100 per cent basis.
June 22, 2018, 10:49 AM MDT
June 13, 2018, 7:22 AM MDT
The rapid transition from fossil fuels to renewables and energy storage is occurring at a rate far beyond the early expectations of the founder of New Energy Finance, who was among the first to predict a peak in oil consumption will occur as early as the mid 2020s.
May 28, 2018, 6 AM MDT
There finally appears to be light at the end the tunnel for British Columbia’s fledgling LNG industry, and it’s not a bitumen-laden unit train.
May 28, 2018, 6 AM MDT
Enbridge Inc. entered agreementswith the Canada Pension Plan Investment Board (CPPIB) to monetize a 49 per cent interest in select North American onshore renewable power assets, as well as 49 per cent of Enbridge's interests in two German offshore wind projects (Hohe See, and related expansion) through a newly created joint venture with CPPIB, for approximately C$1.75 billion.
May 9, 2018, 10:55 AM MDT
It is a new narrative. Electrons generated from wind and solar are the cheapest available. Renewable energy is undergoing a remarkable fall in costs that will displace all other systems, including natural gas. The latter claim is too early to call.
April 18, 2018, 6:29 AM MDT
March 22, 2018, 4:04 AM MDT
Canada could play a major role as part of the “clean tech” revolution, helping to export “a whole lot of ideas” that the world will need to meet the huge challenge of more and cleaner energy, says the head of Shell Canada Limited.
March 20, 2018, 3:32 AM MDT
March 8, 2018, 9 AM MST
March 1, 2018, 5:42 AM MST
Hydro power is, by far, the most significant power generation source in Canada’s electricity system. Every Canadian province except Prince Edward Island has operating hydro power plants, and hydro provides about 60 per cent of the power generated across Canada.
January 30, 2018, 6 AM MST
November 8, 2017, 8:49 AM MST
July 28, 2017, 3:41 AM MDT
July 10, 2017, 9:27 AM MDT
Future oil and gas production in Canada could be limited by demand constraints, and a reduced demand for fossil fuels over the coming decades could significantly reduce investment in the hydrocarbon sector, making the industry a less attractive and a riskier business, says a recently-released report.
June 26, 2017, 8:22 AM MDT
Global energy markets are continuing to undergo long-term changes as they adapt to nearer-term price challenges, with the oil market in particular last year responding to the oversupply that has dominated the market in recent years, says BP in its 2017 edition of its Statistical Review of World Energy.
June 13, 2017, 11:48 AM MDT
Canada’s energy sector is concerned about the environmental impacts associated with using too much energy, which is why more Canadian energy, not less, is exactly what the world energy diet needs to stave off climate change.
May 29, 2017, 6 AM MDT
The head of Alberta’s biggest regulated power transmission firm believes the price of wind power will be “very competitive” with natural gas-fired power when the province holds its first renewable-power auction later this year.
April 20, 2017, 10:11 AM MDT
Alberta’s Minister of Economic Development and Trade defended his government’s climate plan on Wednesday as people in industry voiced fears that the carbon emissions reduction strategy would hurt the province’s competitiveness.
February 2, 2017, 11:41 AM MST
While non-fossil fuels are expected to account for half of the growth in energy supplies over the next 20 years, crude oil and natural gas will remain the main source of supply, accounting for more than 75 per cent in 2035 compared with 86 per cent in 2015, says BP in its 2017 Energy Outlook.
January 25, 2017, 11:41 AM MST
December 6, 2016, 8:07 AM MST
The National Energy Board (NEB) has updated its long-term energy outlook, lowering both the future price of crude and the estimated increase in Canadian oil production by 2040.
October 26, 2016, 8:33 AM MDT