altagas ltd to acquire us based wgl holdings inc in 84 billion canadian dollars deal

AltaGas Ltd. to Acquire US-based WGL Holdings Inc. in C$8.4 Billion Deal

Energy Pavan Pandey - Jan 27, 2017

According to the Canadian energy infrastructure company, AltaGas Ltd., it would purchase US-based WGL Holdings Inc. in a deal valued at $6.42 billion (C$8.4 billion).

oil pipeline spills 200000 liters on primitive land in canada

Oil pipeline spills 200,000 liters on primitive land in Canada

Energy Mohit Shah - Jan 25, 2017

An oil pipeline in the western Canadian province of Saskatchewan has cracked leading to 200,000 liters (52,834 gallons) of oil to spill in an aboriginal community.

shell sells its remaining 50 stakes in saudi to sabic for 820 million

Shell sells its remaining 50 stakes in Saudi to SABIC for $820 million

Energy Himanshu Gill - Jan 23, 2017

Saudi Basic Industries Corp (SABIC) has signed an agreement to take over 50 percent stake in Shell Arabia, a unit of Royal Dutch Shell for $820 million.

guyana set to become a top oil producer with new major discovery

Guyana set to become a top oil producer with new major discovery

Energy Himanshu Gill - Jan 14, 2017

ExxonMobil revealed that it has found high-quality, oil-bearing sandstone reservoirs offshore Guyana, containing around 100 to 150 million barrels of oil.

united arab emirates to invest 163bn in renewable energy by 2050

United Arab Emirates to invest $163bn in renewable energy by 2050

Energy Himanshu Gill - Jan 11, 2017

The United Arab Emirates has announced plans to invest $163 billion in projects aiming to generate half of the country’s power needs from renewable resources.

fuel prices in the uk surge to 18 month high

Fuel prices in the UK surge to 18-month high

Energy Mohit Shah - Jan 05, 2017

The price of petrol and diesel in the United Kingdom has risen to its highest mark since July 2015; these results are obtained right after the OPEC production slash.

refiners in the us export spectacular amounts of diesel gasoline

Refiners in the U.S. export spectacular amounts of diesel & gasoline

Energy Mohit Shah - Dec 30, 2016

As per analysts, a major share of the exported fuel has perhaps gone to Mexico and several other destinations in Central and South America.

price of natural gas booms up to 2 year high supply stays low

Price of Natural Gas Booms up to 2-Year High, Supply Stays Low

Energy Mohit Shah - Dec 29, 2016

The futures of natural gas have reached its highest price in the last two years; the advancing cold season is expected to boost the demand as reserves slump. 

china might hinder opecs effort to stabilize oil markets says analyst

China might hinder OPEC’s effort to stabilize oil markets, says analyst

Energy Mohit Shah - Dec 28, 2016

According to an analyst at ClipperData, OPEC’s effort to equalize the overbalanced oil market could be affected by the unplanned consequence of crumpling crude demand from China.

us crude oil prices settle at 17 month high after meagre gain

U.S. crude oil prices settle at 17-month high after meagre gain

Energy Mohit Shah - Dec 24, 2016

The gain, however, is seen as a small step since the market is sighting OPEC’s management towards planned output cuts against an expected production boost from Libya. 

pipeline rupture spills 176000 gallons of crude oil into north dakota creek

Pipeline rupture spills 176,000 gallons of crude oil into North Dakota creek

Energy Mohit Shah - Dec 13, 2016

The leakage of Belle Fourche pipeline has led to a huge loss of tens of thousands of gallons of crude. This incident occurred in the North Dakota creek which is situated two and a half hours from the

oil prices fall as trump victory stuns the market

Oil Prices fall as Trump victory stuns the market

Energy Himanshu Gill - Nov 14, 2016

A major turmoil in the prices was experienced when Trump initially took lead. US West Texas Intermediate (WTI) futures went down by 4% at $43.07 per barrel, its lowest since September. Whereas, Brent

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