Until recently, U.S. shale producers across the board have exercised production restraint due to market uncertainty and pressure from investors to practice capital discipline, but now a production surge in the prolific Permian Basin is leading recovery in the country’s shale patch. As the energy crunch ... READ MORE >
oil prices
This week in energy: Global shortage, Canada fossil fuels, Northam conference hot topics
In this week's energy industry analysis, we take a look at the continuing global energy crunch, what the increased demand for fossil fuels means for Canada, and highlights from the Northam Energy Capital Assembly conference. Here's the latest. 1. Energy shortage The global energy crunch continued this ... READ MORE >
3 things to know in energy: OPEC+ stalemate, carbon capture, labor shortages
Biweekly, we highlight three things going on in the energy industry that we think you should know about. Our focus this week is on OPEC+ oil production discussions, the use of carbon capture projects, and labor challenges within the industry. Here’s the latest. 1. OPEC+ stalemate As the world ... READ MORE >
3 things to know this week in energy: Oil prices spike, workforce diversity, Inter Pipeline
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week, we take a look at the driving forces behind the recent two-year high in oil prices, a new report on gender diversity in energy technology and services, and a bidding war over a ... READ MORE >
3 things to know in energy: signs of oil upswing, petrochemicals in Canada, Biden’s jobs plan
Signs are emerging that the oil industry is on an upswing, a nascent program in Canada to stimulate growth in Alberta’s petrochemicals sector just awarded its first grant, and clean energy is a core part of Biden’s proposed American Jobs Plan. Biweekly, we round up news and analysis about three things ... READ MORE >
CHART OF THE DAY: Fracking gives Texas and New Mexico swing-state status
Crude oil prices have unquestionably crashed through their two-year downtrend. The price of West Texas Intermediate bottomed out last April and has moved consistently higher since October, reaching $60.31 per barrel in the latest trading. This last push coincides with the reopening of more fracking ... READ MORE >
3 things to know this week in energy: Suez Canal blockage, oil field deals, carbon pricing
This past week’s blockage of the Suez Canal registered briefly in the oil market before the ship was freed, several high-profile oil field deals are expected soon, and the Supreme Court of Canada recently ruled carbon pricing constitutional. Biweekly, we round up news and analysis about three things ... READ MORE >
3 things to know in energy: OPEC+ cuts, U.S. oil exports to India rise, carbon trading in Canada
OPEC+ surprised some in the energy market with its recent decision to extend oil production cuts, the United States is now India’s No. 2 oil supplier, and Canada’s government is embarking on creating a federal carbon trading marketplace. Biweekly, we round up news and analysis about three things going ... READ MORE >
3 things to know this week in energy: Texas’ grid, oil prices and Canadian crude-by-rail exports
All eyes remain on Texas and the state’s energy grid operator in the aftermath of a devastating winter storm, oil prices responded positively to the U.S. House passing a new COVID-19 relief bill, and Canadian crude-by-rail exports are rebounding after a rough 2020. Biweekly, we round up news and ... READ MORE >
3 things to know this week in energy: Canada consolidation, oil prices, and tech invests in renewables
Major tech investment in renewable energy continues, freezing weather in the United States lifts oil prices up and Canada’s energy market sees another major consolidation announcement. Biweekly, we round up news and analysis about three things going on in the energy industry that we think you should ... READ MORE >