Contrary to public perception, many conservative-minded voters do accept that human-caused climate change is occurring and policy needs to reflect that fact, three conservative commentators told a climate conference last week.
The “substantial uncertainty” around the scope, timing and cost associated with the National Energy Board’s review of the Energy East and Eastern Mainline projects was a consideration in its decision to scrap the projects, TransCanada Corporation said Thursday.
A moderate recovery in oil and gas activity in Western Canada won’t reabsorb all the workers that lost their jobs since late 2014 when oil prices crashed, but parts of the industry will struggle to fill positions, says a PetroLMI labour supply research report.
The shift away from dominance by a state-owned monopoly over Mexico’s oil and gas industry to one in which more private sector firms participate is being threatened by a legal and bureaucratic fight over whether a two billion bbl offshore find by private firms extends into a block held by state-owned Petroleos Mexicanos (Pemex).
Traverse Energy Ltd. intends to complete a non-brokered private placement of up to 7.6 million common shares be issued on a flow through basis eligible for the renunciation of Canadian exploration expenses within the meaning of the Income Tax Act (Canada) at 46 cents per share for total gross proceeds of approximately $3.5 million.
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