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Kitimat, B.C., mayor defends LNG project amid protests   Jan 10, 2019
The project aims to take natural gas from Dawson Creek to an LNG export facility near Kitimat. He spoke with CBC Early Edition host Stephen Quinn. The Coastal GasLink pipeline is a key part of the LNG export project near Kitimat. What does this LNG ... CBC.ca  

Oil drops 1 percent on U.S.-China trade talks, American supply surge   Jan 10, 2019
LONDON (Reuters) - Oil prices fell more than 1 percent on Thursday due to the lack of any clear resolution to U.S.-China trade talks and official data that again indicated vast fuel stocks in the United States. U.S. West Texas Intermediate (WTI) crude oil ... Reuters  

U.S. oil export boom sparks a battle to build Texas ports   Jan 10, 2019
CORPUS CHRISTI, TEXAS (Reuters) - Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new supplies expected over the next five years. Of seven proposed oil-export projects, nowhere is ... Reuters  

 The demand for the new ports is rising and follows a 2015 decision by the U.S. Congress to lift a 40-year ban on crude exports and rapid rise in domestic shale production.


Maduro Era Is Endurance Test as Venezuela's Lifelines Fall Away   Jan 10, 2019
The urgency increased after Houston-based ConocoPhillips and Canadian gold miner Crystallex International Corp. managed to wring $1 billion out of the government by threatening to lay claim to ... Yahoo Finance  

Premier Oil cuts more debt than forecast   Jan 10, 2019
LONDON (Reuters) - Britain's Premier Oil (PMO.L) cut debt to $2.3 billion at the end of 2018, below a previous forecast of $2.4 billion, it said in a trading update on Thursday. Premier's full ... Yahoo Finance  

Oil Slips From One-Month High as Economic Uncertainty Persists   Jan 10, 2019
(Bloomberg) -- Oil retreated after entering a bull market in New York, as the tension between an uncertain economic outlook and efforts by OPEC to restrict supplies continued to cause volatile trading. West Texas Intermediate futures fell as much as 1.7 ... Finance Yahoo  

Charlottetown hopes federal infrastructure funds can help expand use of solar power and biogas   Jan 10, 2019
MacEwen said they could generate heat and electricity from the biogas. "It becomes a fuel. It's very similar to natural gas," he said. He said any electricity produced would likely be used on-site right away, but if there was an excess, it could go back ... CBC.ca  

Norway cuts 2019 oil and gas output forecasts   Jan 10, 2019
STAVANGER, Norway (Reuters) - Norway’s 2019 oil and gas output will be smaller than previously forecast and reach its lowest level in three decades, the Norwegian Petroleum Directorate (NPD) said on Thursday. Western Europe’s largest oil producer and ... Reuters  

Oil Giant Saudi Aramco to Issue First Global Bond This Year   Jan 10, 2019
(Bloomberg) -- Saudi Aramco plans to tap the debt market in the second quarter to finance the acquisition of petrochemical giant Sabic, likely issuing its first ever international bond and disclosing its accounts in the process. Saudi Arabian Energy ... Finance Yahoo  

Bank Of Canada Cuts Economic Outlook As Low Oil Prices Weigh   Jan 10, 2019
8 hours Saudis Set Sights On $80 Oil. I still think that $70 is a better relative balance than $80 Bank of Canada said on Wednesday that it expects real gross domestic product (GDP) to grow by 1.7 ... OilPrice  

When pipeline companies want to build on Indigenous lands, with whom do they consult?   Jan 10, 2019
The tensions unfolding over a natural gas pipeline project in northern B.C. have raised questions about who a resource company should consult among Indigenous leaders when pursuing a major project: hereditary chiefs or elected band councils? Hundreds ... CBC.ca  

Coastal GasLink pipeline could face federal regulatory review   Jan 10, 2019
In addition to opposition from the hereditary chiefs of Wet'suwet'en Nation, the proposed Coastal GasLink natural gas pipeline faces another battle that it says could put the project at risk. The National Energy Board (NEB) launched a multi-step ... CBC.ca  

Oil drops by 1 percent on U.S. supply surge, caution after U.S.-China trade talks   Jan 10, 2019
SINGAPORE (Reuters) - Oil prices fell by more than 1 percent on Thursday on swelling U.S. supply and amid caution after talks between the United States and China finished without any concrete details on a resolution to their trade disputes. U.S. West Texas ... Finance Yahoo  

Natural Gas Price Prediction – Prices Consolidate forming Bear Flag   Jan 10, 2019
Natural gas prices moved sideways on Wednesday ahead of Thursday inventory report form the Department of Energy. Despite a government shutdown in the United States that has curtailed its issuing ... Yahoo Finance  

RPT-COLUMN-U.S. natural gas prices sink on mild weather and hedge fund sales: Kemp   Jan 10, 2019
LONDON, Jan 9 (Reuters) - U.S. natural gas prices have fallen sharply as the unusual cold weather of late November and early December has given way to warmer-than-normal temperatures in the last four weeks. Futures prices for gas delivered at Henry Hub in ... Reuters  

Oil falls 1 percent on swelling U.S. supply, concerns on U.S.-China trade talks   Jan 10, 2019
SINGAPORE (Reuters) - Oil prices fell by about 1 percent on Thursday on swelling U.S. supply and amid a cautious reaction to trade talks between the United States and China, the world’s two largest oil consumers, that finished without concrete details to ... Reuters  

Oil falls one percent on swelling U.S. supply, but mood generally upbeat on trade hopes   Jan 10, 2019
SINGAPORE (Reuters) - Oil prices fell by 1 percent on Thursday on swelling U.S. supply, although the mood in global markets was increasingly confident amid hopes the United States and China may ... Reuters  

Egypt non-oil private sector activity shrinks in December, but at slowing rate   Jan 10, 2019
CAIRO, Jan 10 (Reuters) - Egypt’s non-oil private-sector activity shrank for a fourth month in December, but the rate of contraction slowed from November, the Purchasing Managers’ Index (PMI ... Reuters  

Colombia's Cano Limon oil pipeline hit by bomb attacks: Ecopetrol   Jan 10, 2019
The regular bombings have not affected exports or production at the Cano Limon field, operated by Occidental Petroleum Corp, because crude has been moved through the nearby Bicentenario pipeline. One of the bombings on Tuesday night caused a spillage that ... Reuters  

SK Innovation CEO says S.Korea to restart Iran oil imports in Jan-Feb   Jan 10, 2019
LAS VEGAS, Jan 9 (Reuters) - South Korean oil buyers are expected to restart Iranian oil imports in late January or early February, the head of South Korea’s SK Innovation, which owns South Korea’s biggest oil refiner SK Energy, said on Wednesday. Reuters  

Trump administration working on Arctic oil leases despite shutdown   Jan 10, 2019
ANCHORAGE, Alaska, Jan 9 (Reuters) - Even as a partial shutdown halts the functions of many U.S. government departments, forcing the Department of the Interior to close national parks, the Trump ... Reuters  

Here's Why Falling Oil Prices Dropped These 3 Stocks as Much as 28.3% in December   Jan 10, 2019
The sudden drop in crude oil prices, coupled with a volatile end of the year for the U.S. stock market, pushed shares of many energy companies lower last month. That included companies that don't ... Yahoo Finance  

Forget ExxonMobil: Kinder Morgan Is a Better Oil and Gas Stock   Jan 10, 2019
Look out! The dividend yield of natural gas pipeline operator Kinder Morgan (NYSE: KMI) seems about to overtake that of oil major ExxonMobil (NYSE: XOM)! Currently, Kinder is yielding 4.6% while ... Yahoo Finance  

Colombia’s Oil Rebound Off To A Rough Start In 2019   Jan 10, 2019
Last year was a tough one for Colombia’s burgeoning oil industry. A combination of weaker oil, the latest price collapse, deteriorating security and a lack of investment have hit the Andean ... OilPrice  

The Natural Gas Crash Isn’t Over   Jan 10, 2019
Natural gas prices have fallen sharply after spiking to multi-year highs in late 2018, and prices could fall further still. The U.S. entered the peak winter demand season with gas inventories at a ... Yahoo Finance  

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