On climate and energy security, the U.S. is out to win

On climate and energy security, the U.S. is out to winThe U.S. is providing the blueprint. Canada can either play catch up and win, or risk being left behind By Lisa Baiton The evolution of the Biden administration’s view of energy security and America’s role in providing secure oil and gas to the world was recently made exceptionally clear – and should make Canadian policymakers…

Replenishing U.S. Strategic Petroleum Reserves could take years

Replenishing U.S. Strategic Petroleum Reserves could take yearsOil purchases deferred as offers received were either too expensive or didn’t meet the required specifications The U.S. is in no rush to refill its Strategic Petroleum Reserves (SPR), according to Biden administration officials. In fact, “it could take years for the United States to refill the Strategic Petroleum Reserve” to the level it was…

Oil sands producers not greenwashing net zero plans

Oil sands producers not greenwashing net zero plansGreenpeace complaint of greenwashing against Pathways Alliance’s CCS project ignores the facts Greenpeace has filed a complaint with the Competition Board of Canada claiming that the oil sands Pathways Alliance is “greenwashing” about its plan to reach net zero emissions by 2050. Oil sands producers are not greenwashing. Here are the facts. Fact: Carbon capture and…

University professors should just say no to oil and gas divestment

University professors should just say no to oil and gas divestmentThe end goal of divestment is supply shortages, higher prices, shuttered factories, job losses, and energy poverty Just as they did with university endowment funds, divestment activists are now pressuring university pension plans to abandon investment in oil and gas companies. That’s why InvestNow has called on 20,000 university professors to reject the divestment agenda.…

China–brokered deal between Iran and Saudi Arabia catches world by surprise

China–brokered deal between Iran and Saudi Arabia catches world by surpriseA new crude oil bloc seems to be taking shape, apparently at the cost to the U.S. and the West A new, global ‘crude’ order is coming, carrying geopolitical ramifications. On Mar. 10, a China-brokered deal between two oil-producing rivals in the Middle East, Iran and Saudi Arabia, was announced. The deal took the world…

The oil sector has its swagger back

The oil sector has its swagger backEnergy security is now the phrase on everyone’s lips and yesterday’s villains are today’s saviours Energy security is back on centre stage. A record-breaking 7,200-plus people jammed into Houston’s Hilton Americas last week for what is often dubbed the Super Bowl of the energy world – CERAWeek. And the mood was buoyant. After years of…

Ottawa’s own policies defeat its critical minerals push

Ottawa’s own policies defeat its critical minerals pushTrudeau government policies actively and aggressively discourage strategic minerals development Prime Minister Justin Trudeau recently visited the Saskatchewan Research Council’s experimental rare earth refining facility in Saskatoon to tout his government’s efforts to promote rare earth discovery, development, and extraction, along with the refining advances SRC has achieved. He and his ministers have been ‘talking…

U.S. on track to double LNG exports while Canada dithers

U.S. on track to double LNG exports while Canada dithersLouisiana, Texas projects to add up to 190 million tonnes per year by 2030 As the Haisla Nation waits for the B.C. government’s delayed decision on its proposed three million tonne per year (mtpa) Cedar LNG project, a new report says the U.S. is on its way to adding up to 190 mtpa of new…

Greenwashing label discourages real solutions to energy crisis

Greenwashing label discourages real solutions to energy crisisCatherine McKenna’s attack against Canada’s energy sector irresponsible and oblivious to the world’s energy challenges In a recent op-ed, Canada’s former minister of environment and climate change, Catherine McKenna, launched an irresponsible attack on industries across Canada, categorizing their commitments to drive down greenhouse gas emissions and reach defined reduction targets as “greenwashing.” Reducing industry…

Russian oil price cap not as effective as hoped

Russian oil price cap not as effective as hopedIn the weeks following the cap, Russia sold its crude oil for about US$74 per barrel on average The ultimate impact of the western price cap on Russian crude export earnings remains an interesting point of discussion. Opinion is divided. After some bickering, on Dec. 5 of last year the European Union (EU) finally agreed…
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