Daily News Energy Headlines from July 15, 2016

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PIPELINES
Western Canada's Pipeline Mega Projects: Where are They Now? - A projected boost to Alberta's oil price won't come until late 2019, when the first few pipeline mega-projects start to come online. That said, in the current economic climate, all five projects will likely not be needed to serve oil sands producers.

OIL MARKETS
Faltering oil recovery prompts warnings of a relapse to $40 - Brent crude prices almost doubled between January and June, signaling that markets were finally healing. Now, as consumption falters and halted supplies return, analysts from BNP Paribas SA to JBC Energy GmbH warn prices may sink once more.

Rig count continues slow climb - Another six drilling rigs seeking crude were added this week to U.S. oil fields as the industry slowly begins to ramp up activity. The energy sector added seven more rigs in all, including one searching for natural gas, to bring the total count up to 447 rigs.

Alberta targets tailings ponds with new rules - Alberta regulators have issued new rules aiming to remove tailings ponds from oil sands operations and, ultimately, the province's landscape.

HYDROPOWER
Several non-powered dams along the Ohio River to be converted to hydroelectric dams in 2016 - In 2016, nearly 300 megawatts of electricity generating capacity is expected to come online from dams that did not previously have electric generating units, commonly referred to as non-powered dams. Expected additions in 2016 are large compared to such recent additions.

ENERGY MARKETS
EU carbon has first weekly gain as Brexit concern seen waning - Benchmark permits rose 9.5 percent week on week, the most since April 22, while German power and summer natural gas prices gained, according to data from the ICE Futures Europe exchange in London and brokers.

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About Industrial Info
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