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Shell Traders Haven’t Lost Money in Any Quarter Over Last Decade

By Mitchell Ferman Shell Plc’s sprawling in-house trading operation — which includes oil, natural gas and electricity — hasn’t lost money during a single quarter over the last decade, said Chief Executive Officer Wael Sawan. The London-based energy giant keeps a tight lid on information about its trading business for competition reasons, but Sawan provided …

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Shell Vows to Raise Investor Returns as It Bets Big on LNG

By Mitchell Ferman and James Herron Shell Plc said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of liquefied natural gas. The London-based energy giant will expand LNG sales, the key driver of profit growth in recent years, by 4% to 5% annually …

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COMMENTARY: Solar and Wind Power Are Expensive – Fraser Insitute

By Bjørn Lomborg Global evidence is clear: Adding more solar and wind to the energy supply pushes up the price of electricity for consumers and businesses. Families in Ontario know this already from their bitter experience: from 2005, the Ontario government began phasing out coal energy and dived headlong into subsidizing wind and solar generation. Those green …

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Alberta’s Massive Oil and Gas Reserves Keep Growing – Here’s Why

Q&A with Mike Verney, executive vice-president, McDaniel & Associates By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter New analysis commissioned by the Alberta Energy Regulator has increased the province’s natural gas reserves by 440 per cent, bumping Canada into the global top 10. Alberta’s oil reserves …

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South Korea to Host Alaska Governor, Energy Team Amid Talk of Gas Pipeline

Alaskan state representatives led by the governor and including energy officials are due to visit South Korea on Tuesday, amid expectations of talks with U.S. allies in Asia to revive a stalled natural gas project touted by President Donald Trump.   Governor Mike Dunleavy’s delegation will include officials from the Glanfarne Group that is a …

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