Saudis turn their backs on Biden’s request for more oil

The prospects of a global economic slowdown are beginning to hit oil demand

Saudis turn their backs on Biden’s request for more oilThe much-awaited ministerial meeting of the Organization of Petroleum Exporting Countries and its allies, including Russia, in the expanded OPEC+, opted to increase its September output by just 100,000 barrels per day (bpd). Despite the urgings of U.S. President Joe Biden to open Saudi Arabia’s crude oil taps during his visit there, the announced output…

Europe is counting on natural gas from Canada

But building LNG infrastructure like long-haul pipelines in Canada is "challenging"

Europe is counting on natural gas from CanadaCanada’s potential to supply natural gas to Europe as liquefied natural gas (LNG) has gone from an afterthought to a critical part of the discussion on how to replace gas from Russia, according to analysts with Norway-based Rystad Energy. European countries are facing emergency measures to reduce energy use to ensure enough natural gas is…

Killing Trans Mountain project would devastate Indigenous communities

Ottawa must bring in legislation to ensure the project gets built now more than ever

Killing Trans Mountain project would devastate Indigenous communitiesOttawa needs to finally declare through legislation that the Trans Mountain Expansion Project is to the national advantage of Canada. Doing so would prove to the Canadian public and Indigenous communities that the federal government is serious about seeing it completed. Make no mistake, killing the project would be devastating for many Indigenous communities along…

Saudis talk to suitors from all sides as oil market uncertainty grows

Saudi Arabia isn’t ready to ditch Russia

Saudis talk to suitors from all sides as oil market uncertainty growsAfter a brief lull and a price drop, crude oil markets are heating up again, surging by more than US$2 a barrel last week. The Aug. 3 expanded OPEC+ ministerial meeting, which includes Russia, is just around the corner. And signals from producing countries aren’t helping to stabilize the markets. In addition, the threat of…

Busting myths about the Trans Mountain expansion

Disinformation continues to shadow this critical infrastructure project

Busting myths about the Trans Mountain expansionThis summer marks peak construction for the Trans Mountain Pipeline expansion project, with more than 13,500 people working on the project across Alberta and B.C. False narratives continue to shadow this critical infrastructure project. Here’s a look at four central myths that get repeated and why they are wrong. Myth: Trans Mountain expansion isn’t needed.…

Oil and gas benefits threatened by too-fast emissions reduction plan

Federal discussion paper outlines industry's value to Canadians

Oil and gas benefits threatened by too-fast emissions reduction planThe federal government’s plan to cap and cut emissions from the oil and gas sector comes with big risks. Reducing the industry’s emissions by a massive 42 per cent in less than 10 years is seen as unrealistic without cutting production – while Canada’s allies and people around the world are in a growing crisis without enough oil…

Big ripple effects from Enbridge pipeline project

Big ripple effects from Enbridge pipeline projectEnbridge’s Line 3 Replacement Project had bigger economic benefits than expected for U.S. communities, with thousands more jobs and nearly double the anticipated project spending, according to a new independent study. The mayor of Thief River Falls, Minn., said the findings run counter to the narrative by opponents, who claimed the forecasts of its economic impact were overstated…

Alberta is high on hydrogen

Alberta is high on hydrogenEpisode 19 in our DECARBONIZATION series is the third of three episodes on the role of hydrogen in addressing Alberta’s commitment to emissions reduction in energy production. Yogi Schulz of Corvelle Consulting, Bill Howell, and Brent Lakeman of Edmonton Global answer questions raised by Alberta Associate Minister of Natural Gas and Electricity Dale Nally's presentation…

Climate change extremism is leading the world to disaster

Oil is not evil: fossil fuels are responsible for making our lives longer and better

Climate change extremism is leading the world to disasterSometimes, the significance of a cataclysmic event is not immediately apparent. The bombing of Pearl Harbour was an event that shocked the world. Many realized – even as it was happening – that it would bring America into a war it didn’t want to be in. But few predicted what would follow. The end of…
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