Oil prices soar on producer output cuts; World shares higher
Oil prices soared nearly 6% on Monday after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Shares in Asia were mixed.
Ovintiv signs deal to buy Midland Basin assets for US$4.275B, selling Bakken assets
Ovintiv Inc. has signed a deal to buy a portfolio of assets in the Midland Basin in Texas in an agreement valued at US$4.275 billion in cash and shares.
SaskPower wants 3,647 megawatts of wind and solar. But early this morning, Alberta’s 4,783 MW of the same produced just 29 MW
Wind was producing 0.8 per cent of its 3618 megawatts of nameplate capacity. When you add wind and solar, it was 0.6 per cent of total 4783 megawatts of wind and solar nameplate capacity.
But SaskPower is aiming to build a similar amount of wind and solar. What will it mean for us?
For want of a pipeline: Canadian LNG should power low-carbon revolution, report says
As the world struggles to find the right balance between a carbon-free future and a present that still runs on fossil fuels, Canada could be leveraging its natural-gas riches to help fuel both, a new report suggests.
The report, to be released Monday by the Canadian Chamber of Commerce, urges the federal government to finally get serious about building the infrastructure necessary to fast-track the extraction and export of liquid natural gas.
Six months of detailed analysis of SaskPower’s generation mix: We’re going to need a lot of reactors
Six months of daily electricity data in Saskatchewan has been compiled and visualized by Brahm Neufeld, an engineer from Saskatoon. Last fall he launched a Twitter account @SkElectricity, logging and detailing SaskPower’s daily power generation output. Data is collected daily from SaskPower’s “Where Our Power Comes From” dashboard.
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