The COVID-19 pandemic and accompanying shutdowns threw the American economy—and the energy industry—a curve ball this year, but domestic production will be a key part of the economy recovery. A new released by the Department of Energy (DOE) shows the benefits of increased domestic energy production and the opportunities to continue production in the future,
Read More...Here are the top news stories covering Canada’s energy landscape: Company Behind Keystone XL Inks Deal, Indigenous Groups Gain Stake TC Energy, the Alberta-based energy company behind the Keystone XL project, announced it had reached an agreement with an Indigenous interest group representing communities in Alberta and Saskatchewan. The memorandum hopes to give Indigenous communities
Read More...Banning fossil fuel infrastructure was the focus of one New York City Climate Week panel last week, and while that’s not surprising, the suggestion that the definition of this infrastructure should expand to include things like parking lots was just one of many “creative” polices that overlooked some greater considerations. Despite the emissions reductions attributed
Read More...Canadians feel the oil and gas industry is valued and important, according to recent polls including one in Quebec, which has had a fracking ban since 2018. The Quebec survey showed Quebecers’ prefer domestic natural gas production over importing the fuel, and another survey revealed that across various political ideologies, a majority of Canadians support
Read More...Here are the top news stories covering Canada’s energy landscape: Survey: Canadians Believe Natural Gas Is Important for Canada’s Economy New analysis from a survey being conducted at the University of Ottawa found that while political parties in Canada may be amplifying ideological differences between Canadians, a majority of Canadians believe the oil and gas
Read More...Here are the top news stories covering Canada’s energy landscape: Poll: Quebecers Support Domestic Energy Production When it comes to developing national resources for energy consumption, Quebecers are all-in. According to a new Ipsos poll conducted on behalf of the Montreal Economic Institute (MEI), Quebecers overwhelmingly prefer to import Western Canadian oil as opposed to
Read More...Billions of dollars in economic activity are being held back from jumpstarting the economy, according to a telling report from Consumer Energy Alliance released this week. A number of pipeline expansion and energy infrastructure projects spanning from Appalachia to Montana have experienced cancellations, delays, or obstructions—all of which comes at a cost for the communities
Read More...Not only is West Texas and Southeast New Mexico home to the world’s highest producing oilfield, but the prolific Permian Basin production is enabling the region to have one of the fastest growing economies in the country, according to a recently released Permian Strategic Partnership (PSP) report. According to the PSP report, Permian oil and
Read More...Here are the top news stories covering Canada’s energy landscape: ESAI Energy: While Oil Production Increases Globally, Canadian Oil Sands Are Rebounding Faster than Others As oil prices begin to stabilize, production amongst Canadian Oil Sands producers is rebounding faster than other energy markets, ESAI Energy reports. In their latest North America Watch, ESAI Energy
Read More...Ticktock, ticktock. That is the sound of clocks at oil and gas companies still waiting to hear back on the short-term assistance that was announced by the Federal Government in April. Many now face looming restructurings, sell-offs or insolvency in a distressed market. What went wrong? An industry facing the double whammy of Saudi Russian
Read More...New federal data on home energy costs raise red flags on the implications of a movement to force families to switch from natural gas to electric-powered heaters and appliances. The Department of Energy’s recent publication of the 2020 average unit costs of residential energy assessed the price of natural gas at $10.13 per million British
Read More...Here are the top news stories covering Canada’s energy landscape: Alberta Energy Minister Calls Norway’s New Oil Tax Cuts “Hypocritical” In an attempt to provide some relief to its oil and natural gas industry, Norway’s government cut taxes on the industry by 40 percent to help stimulate the sector and attract oil companies to the
Read More...Here are the top news stories covering Canada’s energy landscape: New Report Steers Policy Makers Away From Oil and Gas Developments A new report from the Stockholm Environment Institute is receiving criticism for inflating risks associated with new oil and natural gas development projects in Canada. A new blog from the Canadian Energy Network states
Read More...While global carbon emissions saw a slight increase in 2019, the United States continued its long-term trend of reducing these emissions – at the same time that natural gas production and demand continued to increase – according to BP’s 2020 Statistical Review of World Energy. This year’s edition was published amidst one of the most
Read More...Here are the top news stories covering Canada’s energy landscape: Canadian LNG Alliance Launches The British Columbia Liquified Natural Gas (LNG) Alliance formally became the Canadian LNG Alliance (Canadian LNGA) this week to reflect the critical role of LNG for Canada’s COVID-19 economic recovery. Bryan Cox, President and CEO of the Canadian LNG Alliance, issued
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