martes, 12 de junio de 2018

Canada's Gov't to to cover losses on Trans Mountain delays — for any company

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Oil Sands News Digest
Wednesday 13 June 2018
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Finance Minister says indemnification would stay in place even if Kinder Morgan walks away.

Western Canadian Select jumped as much as $12.20 a barrel to $13.80 below the U.S. benchmark Monday, the narrowest spread since May 16.

Suncor today announced that Q2 production to date averaged approximately 636,000 barrels per day (bbls/d).

Multiple parties, including private equity firms such as Apollo and energy companies, have bid separately for individual packages of shale real estate.

Vietnam is aiming to increase the use of household solar energy equipment to 12 percent by 2020, and 26 percent by 2030.

Higher production doesn't necessarily mean higher oil prices are entirely out of the question.

Energy producers expected to do more with less while focusing on the environment.

Britain's Royal Bank of Scotland said it had tightened restrictions on project finance and general lending for high-carbon energy projects and companies.

As the year has progressed, the underbrush has gotten thornier, Trump's progress on trade has slowed, and now it has likely stopped altogether.

Iron ore is still a long way behind other commodity markets, such as crude oil, where paper trade exceeds physical by large multiples.

Despite its insatiable appetite for materials, India is yet to impose itself among the mining heavyweights like Australia, China or even the U.K.

Alberta's E3 Metals Corp. developed a chemical extraction process that allows lithium to be produced in hours.

Geopolitics has taken over the oil market, driving oil prices up to three-year highs.

Majority of scientists classify nuclear as a sustainable and safe energy source, along with other renewables.

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