Downstream

This post was originally published on this siteCanada’s energy sector consists of oil, coal, natural gas, hydroelectricity, nuclear power, renewable resources among other sources of energy. Its energy facilities have contributed around 11.8% to the nominal GDP in 2022 – a significant contributor to the economy. Cyber-attacks and other criminal activities can threaten the operations – and […]

This post was originally published on this siteMarket concerns about global growth may have been excessive this week as there is no evidence of an imminent U.S. recession, a co-founder of consultancy Energy Aspects said on Friday. “Overall, we do not believe the global economy is on the verge of a sudden downshift,” said Amrita

This post was originally published on this siteBack in 2007, the Alberta and federal governments established a task force on carbon capture and storage (CCS) as a way of reducing emissions from oil, gas, and energy operations. That led to a report in 2008 that said: “CCS is seen as a technological solution that allows

This post was originally published on this site(Reuters) – Oil prices settled higher on Friday and notched over 3.5% in weekly gains as positive economic data and signals from Fed policymakers that they could cut interest rates as early as September eased demand concerns, while fears of a widening Middle East conflict continue to raise

This post was originally published on this site(Reuters) U.S. natural gas futures touched an over two-week peak on Friday, aided by forecasts for hotter weather and higher demand for the next week. Front-month gas futures for September delivery on the New York Mercantile Exchange were up 0.7 cent, or about 0.3%, at $2.13 per million

This post was originally published on this site(Reuters) Iran has sent small shipments of crude oil to new destinations such as Bangladesh and Oman, according to shipping sources and data, the latest sign of Tehran pushing to sustain output at close to its highest in five years. Oil sales are Iran’s major revenue source and

This post was originally published on this site(Reuters) Market concerns about global growth may have been excessive this week as there is no evidence of an imminent U.S. recession, a co-founder of consultancy Energy Aspects said on Friday. “Overall, we do not believe the global economy is on the verge of a sudden downshift,” said

This post was originally published on this siteAug 9 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output,

This post was originally published on this siteBiggest US electric grid grappling with increasing demand Payouts of $14.7 billion exceeded $2.2 billion in last auction Power plants on the largest US electric grid just won record payouts in an auction intended to boost the system’s reliability. But experts say it still won’t be enough to

This post was originally published on this site Disappointing U.S. jobs data has shaken confidence in a soft landing for the world’s largest economy, sending global equity markets tumbling and bets on interest rate cuts surging. But investors abandoning a popular yen carry trade has played a big role in the selloff, complicating the message from