OPEC+ meeting postponement reveals dispute among members over oil market future The upcoming OPEC+ meeting scheduled for Nov. 30 is the current focal point of interest in the oil markets. The results of this meeting will have a pivotal impact on determining oil prices in its immediate aftermath. The recent postponement of the meeting from…
Saudi Arabia and OPEC+ member Russia grapple with oil output decisions as prices fluctuate Amid softening oil markets, the Organization of Petroleum Exporting Countries and its allies in OPEC+ are set to meet on November 26 to discuss their next move on the energy chess board. During the meeting, the ministers will be faced with…
Innovative approach aims to cut greenhouse gas intensity by 40 percent and secure a low emissions future It’s an oil sands innovation that’s been in the works for more than two decades. By the end of this year, Imperial Oil will start up the first commercial-scale application of a technology it says will significantly reduce…
Rising temperatures and reduced snowfall having an impact on Prairie crops A study conducted by researchers at the University of Alberta has revealed that Canada’s Prairie provinces, a critical area for crop production, have been experiencing rising temperatures and increasing aridity over the past 120 years. The research, led by Emmanuel Mapfumo, an adjunct professor in…
The Panama Canal is drying up, but because of our sluggish LNG development, Canada is unprepared to take advantage of the disruption There’s a very serious problem occurring a few thousand miles to the south of us, one that Canada could have taken tremendous advantage of if only we had built and completed some liquified…
The facts support his confidence on oil prices. And that is not good news for the green lobby Oil forecasts are notoriously tricky to make. Yet the OECD energy watchdog, the International Energy Agency (IEA), the Organization of Petroleum Exporting Countries and its allies in the OPEC+ continue to emphasize their respective, contradictory reading of…
Less than 30 percent of Canadians are satisfied with their restaurant experience amid higher menu prices The Canadian restaurant industry, once a thriving and beloved sector of our nation's culture, is now facing a severe crisis. It is as much about survival as it is about maintaining its image. Recent survey results from our Lab…
Clash between the two levels of government underscores the need for co-ordinated efforts to achieve a clean energy transition The ongoing dispute between the Trudeau and Alberta Provincial governments regarding the timeline for creating a “Clean Electricity Grid” raises significant questions. At the heart of the issue is a stark contrast in project duration estimates.…
Oil prices remain low despite ongoing conflicts Why do oil prices continue to be depressed? Despite two ongoing wars, one in the oil-rich Middle East and the other between Ukraine and the energy giant Russia, oil prices have largely remained unaffected. Last Friday, as the week approached its end, oil prices settled more than two…
And Middle East conflict has so far had limited impact on crude oil market Crude oil prices are strengthening and have surpassed the US$90 per barrel mark, marking a recovery from previous declines. It’s worth noting, however, that, to a limited extent, this premium is merely masking a recent drop in the prices of physical…
OPEC+ meeting postponement reveals dispute among members over oil market future The upcoming OPEC+ meeting scheduled for Nov. 30 is the current focal point of interest in the oil markets. The results of this meeting will have a pivotal impact on determining oil prices in its immediate aftermath. The recent postponement of the meeting from…
Saudi Arabia and OPEC+ member Russia grapple with oil output decisions as prices fluctuate Amid softening oil markets, the Organization of Petroleum Exporting Countries and its allies in OPEC+ are set to meet on November 26 to discuss their next move on the energy chess board. During the meeting, the ministers will be faced with…
Innovative approach aims to cut greenhouse gas intensity by 40 percent and secure a low emissions future It’s an oil sands innovation that’s been in the works for more than two decades. By the end of this year, Imperial Oil will start up the first commercial-scale application of a technology it says will significantly reduce…
Rising temperatures and reduced snowfall having an impact on Prairie crops A study conducted by researchers at the University of Alberta has revealed that Canada’s Prairie provinces, a critical area for crop production, have been experiencing rising temperatures and increasing aridity over the past 120 years. The research, led by Emmanuel Mapfumo, an adjunct professor in…
The Panama Canal is drying up, but because of our sluggish LNG development, Canada is unprepared to take advantage of the disruption There’s a very serious problem occurring a few thousand miles to the south of us, one that Canada could have taken tremendous advantage of if only we had built and completed some liquified…
The facts support his confidence on oil prices. And that is not good news for the green lobby Oil forecasts are notoriously tricky to make. Yet the OECD energy watchdog, the International Energy Agency (IEA), the Organization of Petroleum Exporting Countries and its allies in the OPEC+ continue to emphasize their respective, contradictory reading of…
Less than 30 percent of Canadians are satisfied with their restaurant experience amid higher menu prices The Canadian restaurant industry, once a thriving and beloved sector of our nation's culture, is now facing a severe crisis. It is as much about survival as it is about maintaining its image. Recent survey results from our Lab…
Clash between the two levels of government underscores the need for co-ordinated efforts to achieve a clean energy transition The ongoing dispute between the Trudeau and Alberta Provincial governments regarding the timeline for creating a “Clean Electricity Grid” raises significant questions. At the heart of the issue is a stark contrast in project duration estimates.…
Oil prices remain low despite ongoing conflicts Why do oil prices continue to be depressed? Despite two ongoing wars, one in the oil-rich Middle East and the other between Ukraine and the energy giant Russia, oil prices have largely remained unaffected. Last Friday, as the week approached its end, oil prices settled more than two…
And Middle East conflict has so far had limited impact on crude oil market Crude oil prices are strengthening and have surpassed the US$90 per barrel mark, marking a recovery from previous declines. It’s worth noting, however, that, to a limited extent, this premium is merely masking a recent drop in the prices of physical…