Perspectives

Perspective: IEA’s Roadmap Shows Difficult Journey to Net Zero

Polarized responses to the International Energy Agency report on achieving net zero emissions by 2050 reveal the enormous challenges of the goal and differences about whether it is realistic in the timeframe.

Perspective: Rising Oil Price Will Draw Response from Consumers

Oil prices have risen above the long-term average, once adjusted for inflation, and are likely to encounter increasing resistance from consumers if they continue to climb.

Perspective: How Vladimir Putin Uses Natural Gas to Exert Russian Influence

The recent U.S.-Russia summit between Presidents Joe Biden and Vladimir Putin suggests that a controversial Russian natural gas pipeline, Nord Stream 2, is a done deal.

Strategies to Minimize Release of Fugitive Emissions

Large pressure faced by oil and gas companies from environmental, social, and governance (ESG) movements is increasing and inarguably being felt across midstream and all other sectors of the energy value chain.

Canada's Energy Industry Will Shape the Future

It has been another tough couple of weeks for the pipeline industry. Keystone XL lost its Presidential Permit. A critical infrastructure project that would have delivered immense benefits on both sides of the border, cancelled as an act of backward-looking political symbolism by the President of the United States on his very first day in office.

Great Freeze Revisited

I suppose if I just wanted to write a column that assigned the “villain” label to someone involved in the Great Texas Blackout of 2021, there would be plenty of worthy candidates from which to choose.

Perspective: Africa Likely to Continue Relying on Power from Fossil Fuels for Some Time

The Conversation's recently published study shows that, within this decade, there is currently limited evidence for a quick transition to renewables in Africa.

Big Four European Pipeline Owners Receptive to Change

Spain’s Enagás, Belgium’s Fluxys, France’s GRTgaz and Italy’s Snam own and operate more than 62,000 miles (100,000 km) of gas pipelines and related infrastructure across Europe and beyond.

PPI’s Fink Sees Expanding Role for Plastic Pipe

Despite taking the reins of PPI at the outset of a global pandemic, Fink sees a bright future for the plastics pipe industry and a growing role for its products across an expanding range of underground applications.

Abu Dhabi Pipeline Sale May Signal Gulf States Trend

Bankers expect oil-rich Gulf states to accelerate privatizations like Abu Dhabi's pipeline deal, with Saudi Arabia and possibly Oman as likely candidates for asset sales next year.

Lacking Pipelines, U.S. Northeast Gas Prices Jump Ahead of Winter Storm

U.S. Northeast power and natural gas prices for Wednesday jumped to their highest level in almost a year as energy companies prepare for what could be the region's biggest winter storm in years.

Why Green Hydrogen is Getting its Day in the Sun

Hydrogen has taken off this year as the future green fuel of choice, with governments and businesses betting big that the universe's most abundant element can help fight climate change.

U.S. Gas Prices Stumble on Mild Start to Winter

U.S. natural gas prices have tumbled since the start of November as persistent mild weather has caused inventories to remain high rather than drawing down in line with seasonal trends.

Asia Needs Flexible LNG Deals Not Linked to Oil Prices - India Oil Minister

Asia needs flexible LNG contracts with no links to oil prices to reflect changes to the market as demand recovers from the impact of the coronavirus pandemic, India's oil minister said.

U.S. Shale Firms Ramp Up Gas Output as Futures Signal Higher Prices

Higher natural gas futures prices for 2021 and a continued glut of crude oil are prodding U.S. shale firms to boost gas drilling and production.

Canadian Indigenous Deal with Keystone XL Took Years, Aims for Long-Term Wealth

TC Energy Corp's sale of a C$1 billion ($769 million) stake in Keystone XL to a Canadian indigenous group followed more than three years of pressure from a tiny Saskatchewan First Nation that demanded part ownership of the long-delayed oil pipeline.

China Hits 26% of Planned 2020 U.S. Energy Imports

China has accelerated imports of crude oil, propane and LNG from the United States since July, but total energy product purchases through October remain far short of targets set out in the Phase 1 trade deal.

Trump Pushes New Environmental Rollbacks on Way Out the Door

Down to its final weeks, the Trump administration is working to push through dozens of environmental rollbacks that could reduce protections for migratory birds, expand Arctic drilling and hamstring future regulation of public health threats.

Doubling Down on $5 Natural Gas

While there hasn't been a lot of good news on the midstream front lately, projected $5 natural gas by the fall of 2021 is a hopeful sign. And who can argue with the Farmer's Almanac weather forecast?

DAPL's Future Uncertain as Biden Presidency Looms

The election of Democrat Joseph Biden could create more headaches for the Dakota Access Pipeline's (DAPL) owners, who are already embroiled in legal battles to keep the main conduit for flowing oil out of North Dakota running.

Banks Make Room for Fossil Fuels in Climate Pledge

The world's public development banks pledged to align with the Paris Agreement on climate change, but avoided a firm commitment to phase out fossil fuel financing.

Biden's Environmental Agenda Could Push Oil Prices Higher - Vitol CEO

The world's largest oil trader Vitol expects the Biden presidency's environmental policies could push oil prices higher over the long term as supplies fall.

Successful Vaccine Would Boost Oil Consumption, But Not for 6-12 Months

Coronavirus vaccines are expected to boost international passenger transportation and oil consumption, but futures prices suggest the first significant impact will not be felt until well into the second half of 2021.

Oil Demand Likely to Take at Least a Year to Hit 2019 Levels - Gunvor Head

Global demand for oil is running about 5-6 MMbpd below pre-coronavirus crisis levels, and OPEC with its allies is likely to prolong its existing cuts, the head of trading house Gunvor said on Monday.

China Oil Imports Probably Weaker than Data Suggests

China's imports of crude oil slipped as expected in October, but while a 12.2% drop appears significant, the actual state of demand was probably even weaker.

Rolling Back Trump's Rollbacks: Biden Seen Reversing Climate Deregulation

Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the stroke of his pen, according to regulatory experts, but replacing it with something new and durable may prove trickier.

Favoring Gas, Philippines Shuts Door on Coal Power Proposals

The Philippines has stopped accepting new proposals for coal-based power projects to encourage investment in other energy sources like natural gas and renewables, the government's energy chief said on Wednesday.

Coronavirus Surge Throws Oil Recovery into Reverse

Oil futures prices have started to signal OPEC+ may have to do more to offset a second wave of coronavirus and a renewed economic slowdown.

Oil Rises 2% but Traders Brace for Wild Ride After U.S. Election

Oil prices rose near 2% on Tuesday, advancing with other financial markets on U.S. Election Day, although traders were bracing for volatility depending on the voting results and as surging coronavirus cases around the world fed worries about fuel demand.

Funds Sell Oil on Fears of Virus-Driven Economic Double Dip

Hedge funds sold petroleum last week as the rising number of coronavirus cases in the United States and Europe fueled fears of a double-dip recession hitting oil consumption.