Energy Consulting Services

It is normally oil that brings in the hordes of energy enthusiasts to the International Petroleum Week conference. But, it seems like gas has stolen the show with gas leaders sitting pretty instead of oil executives. Traditionally, gas has not had much of a look in at big industrial events such as the International Petroleum Week conference. It just doesn’t have the same global power as oil and has often been seen as a second-string market with far less international intrigue. It is well-known that the oil market is bigger that every other commodity market added together – and no-one knows that better than the oil industry itself. It has always presented itself with an unmistakable air of superiority – no doubt due to its enormous political and economic power. However, this reign of supremacy looks like it might be coming to an end. As governments move towards green energy, gas and renewables are going to clash with oil in the fight to be the top dog of the energy wor...

NRGexpert Weak oil prices are in part responsible for Canada’s main stock index falling to a more than seven-week low at the end of January. The Toronto Stock Exchange’s S&P/TSX composite index had fallen 103.02 points. The energy sector was hit hard as it retreated 2.2% in the wake of U.S. crude prices falling as a result of rising output of crude from the United States. Suncor Energy and Canadian Natural Resources both suffered as well, falling 1.5% and 1.7% respectively. However, outside of the energy sector, other companies did not fare quite as badly. Indeed, Thomson Reuters performed contrary to the general downward trend as its share price went up 9.3% after there was talk that Blackstone Group has moved forward with its plan to purchase a majority stake in one of Thomson Reuters’ key units. Aurora Cannabis and Canopy Growth Co were among the most active Canadian stocks by volume, falling 6.6% and 6.3% respectively. Stocks in the U.S. also fell drastically wit...