Wednesday, April 22, 2026

Oil Prices Up as IEA Sees Balance in 2017

U.S. light tight oil production expected to fall 600 MBOPD in 2016 Oil prices are up more than 7% and 5% for WTI and Brent crude, respectively, today as news from the International Energy Agency forecasts production falling amid a global glut that has seen crude oil prices shed 70% of their value. The IEA still anticipates that overall global

Sabine Pass and Gorgon LNG Prepare for First Shipments

Cheniere expects first LNG cargo in the coming weeks from Sabine Pass Cheniere Energy (ticker: LNG, Cheniere.com) expects to load the first shipment of liquefied natural gas for export from the U.S. in the coming days. A LNG tanker docked in Cheniere’s Sabine Pass terminal Sunday as the company prepares to send the first cargo from the U.S. by the

IEA Warns Canadian Oil Sands Growth Could Come to a Halt

From BNN The International Energy Agency is warning growth in Canada’s oil patch could come to a complete stand-still in the next few years. The IEA cites increased environmental concerns, lack of pipelines and policy changes that could restrict investment. Oil markets will begin to rebalance in 2017 thanks to falling U.S. production but that decline will prove short-lived as

Venture Capital Climbs to 10-year High in Canada

From BNN Canadian venture capital investing hit a 10-year high in 2015, driven mainly by a booming technology scene. According to new figures from the Canadian Venture Capital & Private Equity Association, funding for entrepreneurs comprised 536 deals for a total of $2.25-billion in 2015. That’s the best result for Canadian startups since before the 2008 financial crisis, and according