The Trudeau government came to power in 2015 with three inter-related objectives on energy and environment: taking meaningful action on climate change, securing market access for Canada’s energy resources and modernizing energy project decision-making.
November 13, 2018, 8:02 AM MST
In the first two parts of this series, I talked about world energy supply and demand over the next few decades, pointing out that all credible energy forecasts show humanity using more and more fossil fuels, at least into the 2040s.
November 6, 2018, 8:30 AM MST
There would be no civil war in Western Canada’s oilpatch now, if the Alberta government and the province’s oil industry had followed the advice of former Premier Peter Lougheed last decade.
November 5, 2018, 11:18 AM MST
There have been two recent announcements of unsolicited takeover offers in the Canadian oil and natural gas exploration and production industry, with the most recent being Husky Energy Inc. announcing its intention to acquire MEG Energy Corp.
October 31, 2018, 7:28 AM MDT
Western Canada has the cheapest oil prices in the world. Canadian heavy oil is selling for US$45 under WTI, light oil is selling for US$25/bbl less. The price markdowns are costing the Canadian economy over C$100 million each day.
October 31, 2018, 7:54 AM MDT
On Monday afternoon Premier Rachel Notley announced the province of Alberta will be presenting a business plan to the federal government by early next week outlining several strategies — including getting the feds to invest in locomotives and tanker cars — to support the rapid ramp up of crude-by-rail shipments as a short- to medium-term method to quell massive discounts for western Canadian oil.
October 24, 2018, 7:07 AM MDT
In response to the Saudi government’s diplomatic spat with Canada in early August over some mild criticism about the country’s horrific human rights record under de facto leader Crown Prince Mohammed bin Salman (MBS), I argued the federal government should maintain the moral high ground and continue to import crude from the kingdom (see Canadian Pawn Takes King In Saudi Game Of Thrones). The Khashoggi affair has caused me to reassess this position and I now believe Canada should stop importing Saudi oil.
October 22, 2018, 8:15 AM MDT
Last month, I talked about world energy supply and demand over the next few decades, and pointed out that all credible energy forecasts show humanity using more and more energy every year — and that fossil fuels will continue to dominate energy supply at least into the 2040’s (click here to review that article).
October 15, 2018, 6 AM MDT
Hallelujah! British Columbia finally caught itself an LNG export project. The first in a new global wave, and a nice big one at that.
October 10, 2018, 6 AM MDT
There has recently been an increase in the number of large corporate transactions (valued at greater than $5.0 million) in the Canadian oil and natural gas industry.
September 26, 2018, 7:53 AM MDT
The Trudeau government’s Bill C-69, currently undergoing second reading by the Senate, is one bad piece of regulatory legislation.
September 24, 2018, 7:23 AM MDT
The 1994 North American Free Trade Agreement (NAFTA) sits on a razor’s edge — at least as we’ve known it as a trilateral trade agreement.
September 7, 2018, 8:34 AM MDT
Last week’s Federal Court of Appeal decision struck another blow to the Trans Mountain pipeline expansion project. The court quashed Ottawa’s approval, finding that the government had not adequately consulted with Indigenous communities and had not sufficiently considered the marine impacts of increased tanker traffic.
September 6, 2018, 12 AM MDT
The Daily Oil Bulletin today has added to its columnist roster.
September 6, 2018, 6:59 AM MDT
How will society actually meet its energy needs in the coming decades?
September 4, 2018, 7:23 AM MDT
Blame me, kinda.
August 31, 2018, 6:01 AM MDT
The prominent Calgary-based energy analyst Peter Tertzakian was correct to raise Canadian oil security as a serious issue and recommend construction of a west-east pipeline to alleviate this threat in recent interviews.
August 27, 2018, 7:51 AM MDT
Kudos to the Trudeau government for standing up to Saudi Arabian blackmail. Thousands upon thousands of Canadians paid the ultimate price during the two world wars to protect democracy and human rights, and the least our generation can do is suffer minor economic inconvenience to stand up to the repressive Saudi regime.
August 9, 2018, 7:44 AM MDT
Unconventional hydrocarbon development — extracting oil and gas from low-permeability reservoirs — generally requires horizontal drilling and hydraulic fracturing.
August 7, 2018, 6:28 AM MDT
“Natural gas is a bridge to a lower carbon future; demand will grow for decades to come” asserted the debater. Her opponent snapped back “natural gas is a bridge to nowhere. Low cost wind and solar power backed-up with batteries will replace natural gas sooner than anyone expects.”
August 1, 2018, 3:33 AM MDT
The rhetoric has been flying this week between U.S. President Donald Trump and Iranian President Hassan Rouhani. Trump as much as threatened nuclear annihilation on the Islamic Republic in a caps filled Tweet in response to Rouhani telling a gathering of diplomats in Tehran that war with Iran would be “the mother of all wars.” The U.S. president chose to ignore the second part of the Iranian president’s sentence in which he added “… and peace with Iran is the mother of all peace.”
July 26, 2018, 7:44 AM MDT
The Canadian Association of Petroleum Producers (CAPP) released the 2018 edition of its Crude Oil Forecast, Markets and Transportation report last month. It is a very useful report in some ways, but unfortunately the crude forecasts in these reports have long suffered from myopia.
July 16, 2018, 7:58 AM MDT
Ten plus years ago, we heard about the “Shale Revolution” — the realization that horizontal drilling and hydraulic fracturing were changing the face of the oil industry, unleashing huge new supplies of gas and oil from low-permeability (shale and tight) reservoirs.
July 9, 2018, 6 AM MDT
There is a damned good reason international benchmark crude prices have been rocketing higher since so-called OPEC+ — the 14 OPEC members and 10 non-OPEC countries restricting crude production since the beginning of 2017 — agreed to raise output on June 22: a potential supply crunch late this year or early next year due to yet another misguided policy by U.S. President Donald Trump.
July 3, 2018, 9:04 AM MDT
There may be more prominent targets in U.S. President Donald Trump’s multi-front trade war, such as China and the European Union, but Canada and Prime Minister Justin Trudeau have recently been the primary recipients of Trump administration vitriol.
June 25, 2018, 7 AM MDT