Resource developers in Canada face unique geographical, jurisdictional, regulatory and political obstacles. Pictured is Pearl Island in Doha, Qatar. Photo credit: DEME Group That Germany has given up on Canada to supply liquefied natural gas (LNG) and instead signed a massive multi-year LNG purchase agreement with Qatar has left many angry and disappointed. Investment […]
The primary goal of governments today is to keep the lights on and economies moving. Photo credit: AP/Peter Dejong “Fossil fuel addiction is hijacking humanity. Renewables are the exit ramp from the climate hell highway. Negotiators at COP27 have a chance to make a difference. They must make it here and now.” So tweeted United Nations […]
In a dramatically changed world, resource corridors could be the catalyst to actually getting something done in Canada. Photo credit: Facebook/Trans Mountain One of the best ideas that has gone nowhere is the creation of resource corridors for long-distance transportation infrastructure using routes where land-use and development issues are resolved in advance. Historically, the […]
How could twinning an existing pipeline that has been operating safely for 69 years be this late and this expensive? Photo credit: Trans Mountain On June 22, Ottawa’s Parliamentary Budget Office (PBO) reported that the Trans Mountain Pipeline Expansion (TMX) is “no longer a profitable undertaking.” The updated cost is $21.4 billion, the latest […]
The message is now to resume normal activities even though ‘civil society’ has spent years trying to crush the industry. Photo credit: YouTube/CBC News The love/hate relationship between oil companies and the world’s billions of customers is unique in the world of commerce. Until recently, the plan was to replace oil and gas with […]
Former governor of both the Bank of Canada and Bank of England Mark Carney. Photo credit: Reuters/Tolga Akmen The pre-COVID climate playbook and energy transition are in big trouble. Not among climate crusaders. For them, the crisis continues. It is the ordinary people who have more pressing issues. War. Energy. Food. Inflation. Interest rates. […]
As the economic impact of weather disasters grows, the need to discuss all factors is increasingly important. Pictured is last month’s mass flooding in southern BC. Photo credit: The Canadian Press/Jonathan Hayward One of the most frequently quoted and but seldom investigated aspects of climate change is the rising costs of weather-related insurance claims. […]
European energy crisis prompts course change about revisiting the role of natural gas in green energy future. Pictured is president of the European Commission Ursula von der Leyen speaking at COP26, Nov. 1, 2021. Photo credit: European Commission No part of the world has done more to tackle the climate change challenge and execute […]
Hard lessons are learned only after the lights go out. Photo credit: FortisBC The world’s most important but least appreciated energy source is natural gas. While the headlines are about what is good or bad about coal, oil, nuclear power, hydroelectricity and renewables, the second largest global primary energy source is natural gas. BP’s […]
The United States has always played an oversized role in the development, success and future of western Canada’s oil and gas industry.
The upcoming US election on November 3 will affect the Canadian oilpatch yet again. Two materially different presidential outcomes are assured, be it Donald Trump or Joe Biden. The impact will be significant. What happens in the US always is. The effects will not be evenly distributed. There will be winners and losers either way.
