Since gaining power in December 2018, Mexican President Andres Manuel Lopez Obrador — nicknamed AMLO — has made it clear through actions and rhetoric that he is no fan of his predecessor’s energy reform.
October 16, 2019, 7:28 AM MDT
While conventional oil and gas exploration has declined precipitously in Canada, it’s still alive and well around the world. Isn’t it?
October 8, 2019, 4:06 AM MDT
How a renewable energy warrior and an oil sands entrepreneur met in the radical middle to go beyond polarizing narratives.
October 7, 2019, 6:43 AM MDT
The precedent set by the extremely successful drone and cruise missile attack on Saudi Arabia’s Abqaiq oil processing plant and Khurais oilfield on Sept. 14 has tremendous implications for eastern Canadian oil security.
September 30, 2019, 7:44 AM MDT
There has been a recent wave of announcements made by publicly-traded oil and natural gas companies related to share buy-backs. This is unusual, in that until recently, buying back stock has not been a significant use of capital in the Canadian energy industry.
September 25, 2019, 9:53 AM MDT
Public opinion polls are looking bleak for the federal Conservative Party, and hence Western Canada’s oil industry, now that the writ has been dropped.
September 17, 2019, 6 AM MDT
All modesty aside, I’ve had a very good track record forecasting crude oil prices since returning to the industry in the late 1990s, and have been particularly adept at anticipating major market turning points. But, holy cow, I’ve been far too bullish since late last year.
September 4, 2019, 7:53 AM MDT
Why are major, trusted media failing to help Canadians understand developments in the energy industry that are so critical to Canada’s economy?
September 3, 2019, 8:36 AM MDT
Because the Mainline is a dominant artery, Enbridge’s proposal to drastically change the pipeline’s commercial terms should be concerning to all stakeholders.
August 28, 2019, 7:55 AM MDT
The total enterprise value of merger and acquisition (“M&A”) activity in the Canadian oil and natural gas industry in the first half of 2019 was approximately $5.4 billion, down 29 per cent from the $7.6 billion recorded in the first six months of 2018. This is the lowest first-half total M&A value in the Canadian oil and natural gas industry since 2013 when only $4.3 billion in total M&A value was recorded.
August 28, 2019, 6:44 AM MDT
Canada has gone from potential energy superpower to global laughingstock over the past several years.
August 26, 2019, 7:15 AM MDT
The oil and gas industry in Canada is founded upon a tremendous history of exploration, beginning in the mid-19th century in southern Ontario and expanding across the country throughout the 20th century.
August 20, 2019, 7:27 AM MDT
The last few years are a vivid reminder that federalism is pivotal to energy and climate change policy. In late 2015, intergovernmental collaboration hit a high with the Pan-Canadian Framework on Clean Growth and Climate Change. Provinces and the federal government were singing from the same song sheet.
August 13, 2019, 7:17 AM MDT
The Alberta natural gas industry is in dire straits. In an open letter to Premier Jason Kenney, nine CEOs of primarily gas-producing companies recently begged the Alberta government to consider some sort of royalty tax credit scheme to support a voluntary curtailment plan in an attempt to stabilize gas prices at higher levels.
July 31, 2019, 6 AM MDT
A total of $2.7 billion in capital was raised by the Canadian oil and natural gas industry in the first six months of 2019, down 18 per cent from the $3.3 billion recorded over the same time period in 2018.
July 31, 2019, 6 AM MDT
When we talk about “energy transitions,” many people think about wind and solar as the energy sources of the future. But more thoughtful conversations recognize that future energy supplies will be like today’s — complex and multifaceted, addressing a huge range of demands and situations.
July 29, 2019, 12 AM MDT
It’s hard not to respect people who look adversity in the face and appear to laugh at it.
July 15, 2019, 7:24 AM MDT
Isn’t it ironic? Norway is viewed as a paragon of environmental virtue and Canada an energy pariah, despite both being major producers and exporters of oil and gas.
July 8, 2019, 9:04 AM MDT
Two articles were published in the Globe and Mail recently that might make supporters of Canadian LNG pause and wonder whether they’re backing the right horse.
July 4, 2019, 1:05 PM MDT
In the final part of his series, Richard Adamson discusses the growing trend toward low-emissions industrial clusters, and how this offers opportunities to reduce the risk and cost of CO2 management.
July 4, 2019, 11:23 AM MDT
Over the last number of weeks we have seen a number of publicly-traded oil and natural gas production companies announcing revised borrowing bases with their respective banks. In the vast majority of cases, borrowing bases for most oil and natural gas companies have been adjusted downward, which is not surprising considering the Supreme Court of Canada ruling on Redwater Energy Corporation.
June 26, 2019, 6 AM MDT
The Notley government’s crude oil curtailment program, backed by the opposition United Conservative Party, to reduce a glut of oil in storage in Western Canada and bolster catastrophic regional prices, was to run from January to December of this year. The program’s sunset clause was predicated on Enbridge Inc.’s Line 3 Replacement project coming online in late 2019, adding 370,000 bbls/d of incremental pipeline capacity out of the region.
June 20, 2019, 10:01 AM MDT
What is Canada’s energy future in an age of climate change? This is a fundamental question, but it’s one that Canada has yet to answer definitively. Two different visions are on offer. Unfortunately, they mostly talk past each another.
June 11, 2019, 12 AM MDT
“The sky is falling! The sky is falling!” the crude oil price bears are yelling from the woods.
June 6, 2019, 10:59 AM MDT
Recently I talked about the incredible depth of science, engineering and business expertise resident in the Canadian oil and gas industry — and how it must be better harnessed to provide facts and perspective about critical issues of the day to governments, regulators, and concerned members of the public. But a few months ago, I castigated various scientists for providing “expert” opinion, very inexpertly, on policy and regulatory matters.
June 3, 2019, 5:48 AM MDT