Cross-country coalition pushing for new conversation on energy future Growing up in Montreal, Shannon Joseph dreamed of becoming an astronaut. But as she learned more about the world, she decided there were enough challenges to solve on planet Earth. One of today’s most pressing is access to reliable, affordable energy. “Energy is fundamental. Energy is…
Saudi Arabia requires US$80.90 per barrel oil if it is to meet its budgetary needs A new sense of urgency is taking hold among some oil producers desperate to put a floor under the crude markets. Over the last few months, OPEC+, which includes the OPEC oil-producing states and its allies including Russia, has made…
Canada’s oil and gas industry has been working hard to tackle methane emissions over the last two decades For Jean-Francois Gauthier, space is the next frontier in the quest to reduce global emissions, and the view from 6,000-kilometres above Earth is that Canada is a leader in curbing the most polluting of greenhouse gases. In…
Indigenous-led LNG projects essential for energy security As G7 leaders left Hiroshima, Japan, they made a significant admission that liquefied natural gas (LNG) is a critical fuel to help reduce dependence on Russian energy and that increased natural gas investment is essential. “In this context, we stress the important role that increased deliveries of LNG…
Boomer vs. Millennial in a battle of words on energy change Overheard this recently as a human fly on the wall... Energy “transition” and “transformation” were being used as sharp blades in a verbal fencing duel between a Baby Boomer and a Millennial. At a guess, 25 years separated them. The “match” occurred over Chinese…
Analysts doubt Russia’s appetite for additional production cuts Saudi Arabia and Russia diverging views on crude output policy have set the stage for an intriguing OPEC+ meeting on June 4. Moscow needs to maximize its crude revenue to sustain its war efforts in Ukraine. The price cap levied on its crude exports under the Western…
Growing global demand and supply cuts point to a potential reversal in oil markets Global oil demand is projected to reach 102 million barrels per day (bpd) in 2023, signalling a substantial growth of 2.2 million bpd this year, according to the latest Oil Market Report from the International Energy Agency (IEA). The IEA attributes…
Germany’s call for Canadian LNG is a golden opportunity for Canada By Lisa Baiton It’s simple. Germany wants to buy natural gas. Canada has the supply. Let’s make a deal. During last summer’s visit, Chancellor Olaf Scholz made clear Germany is looking at Canada to be a preferred supplier of energy. In April, German President…
The language we use to define “energy transition,” for example, exposes our different value systems Had an intriguing chat the other day with an industry colleague. He’s personable, passionate, and persuasive. He has three degrees, including a doctorate. He is one of our sector’s most brilliant technical minds. He has published extensively in the right…
Crude markets dive amid global economic concerns The gloomy global economic outlook and banking fears are taking their toll on crude markets, leading to a significant dip. West Texas Intermediate (WTI) experienced three consecutive weeks of plunging prices, briefly reaching its lowest level since late 2021. Last week, the Brent benchmark saw a decline of…
Cross-country coalition pushing for new conversation on energy future Growing up in Montreal, Shannon Joseph dreamed of becoming an astronaut. But as she learned more about the world, she decided there were enough challenges to solve on planet Earth. One of today’s most pressing is access to reliable, affordable energy. “Energy is fundamental. Energy is…
Saudi Arabia requires US$80.90 per barrel oil if it is to meet its budgetary needs A new sense of urgency is taking hold among some oil producers desperate to put a floor under the crude markets. Over the last few months, OPEC+, which includes the OPEC oil-producing states and its allies including Russia, has made…
Canada’s oil and gas industry has been working hard to tackle methane emissions over the last two decades For Jean-Francois Gauthier, space is the next frontier in the quest to reduce global emissions, and the view from 6,000-kilometres above Earth is that Canada is a leader in curbing the most polluting of greenhouse gases. In…
Indigenous-led LNG projects essential for energy security As G7 leaders left Hiroshima, Japan, they made a significant admission that liquefied natural gas (LNG) is a critical fuel to help reduce dependence on Russian energy and that increased natural gas investment is essential. “In this context, we stress the important role that increased deliveries of LNG…
Boomer vs. Millennial in a battle of words on energy change Overheard this recently as a human fly on the wall... Energy “transition” and “transformation” were being used as sharp blades in a verbal fencing duel between a Baby Boomer and a Millennial. At a guess, 25 years separated them. The “match” occurred over Chinese…
Analysts doubt Russia’s appetite for additional production cuts Saudi Arabia and Russia diverging views on crude output policy have set the stage for an intriguing OPEC+ meeting on June 4. Moscow needs to maximize its crude revenue to sustain its war efforts in Ukraine. The price cap levied on its crude exports under the Western…
Growing global demand and supply cuts point to a potential reversal in oil markets Global oil demand is projected to reach 102 million barrels per day (bpd) in 2023, signalling a substantial growth of 2.2 million bpd this year, according to the latest Oil Market Report from the International Energy Agency (IEA). The IEA attributes…
Germany’s call for Canadian LNG is a golden opportunity for Canada By Lisa Baiton It’s simple. Germany wants to buy natural gas. Canada has the supply. Let’s make a deal. During last summer’s visit, Chancellor Olaf Scholz made clear Germany is looking at Canada to be a preferred supplier of energy. In April, German President…
The language we use to define “energy transition,” for example, exposes our different value systems Had an intriguing chat the other day with an industry colleague. He’s personable, passionate, and persuasive. He has three degrees, including a doctorate. He is one of our sector’s most brilliant technical minds. He has published extensively in the right…
Crude markets dive amid global economic concerns The gloomy global economic outlook and banking fears are taking their toll on crude markets, leading to a significant dip. West Texas Intermediate (WTI) experienced three consecutive weeks of plunging prices, briefly reaching its lowest level since late 2021. Last week, the Brent benchmark saw a decline of…