The expansion, now expected in late 2023, will help meet continued world oil use, benefiting Canadians
The case for the Trans Mountain Pipeline expansion remains strong as oil demand is on its way to a new record high, according to industry analysts. Following nearly two years of world consumption exceeding supply, global oil demand is expected to reach a first-ever 101.6 million barrels per day in 2023, according to the International Energy Agency…
Car racing relies on oil and gas. Canada should be the choice supplier, rather than nations like Saudi Arabia
German Formula One driver Sebastian Vettel sat on a podium in Montreal last week in gear emblazoned with his sponsor logos – including Organization of Petroleum Exporting Countries (OPEC) oil giant Saudi Aramco, owned by the tyranny state of Saudi Arabia – and told reporters that Alberta’s oil sands is “criminal.” He had arrived earlier…
Faster drilling, alternative fuels, engine automation are just the beginning as industry keeps innovating
When Nicole Romanow looks at drilling rigs from 30 years ago, she’s impressed by the change and innovation that has occurred in Canada’s oil and gas industry – and what is yet to come. That’s because as team lead for sustainability strategy at Canadian drilling company Ensign Energy Services, she understands the level of equipment…
All six mining projects with legacy tailings reduced their volumes in 2021
New technologies and practices are improving the environmental performance of Canada’s oil sands industry, with producers removing more than 270 million cubic metres of “legacy tailings” from the environment over the last five years. The successful reduction of legacy tailings – tailings that were in storage before 2015 – is contributing to a slower pace…
New pipeline infrastructure helps connect Canada’s oil producers with demand from U.S. refiners
The tables have turned in the largest refining market in the U.S., with oil imports from OPEC countries like Saudi Arabia and Iraq taking a dramatic drop in the last five years. That’s thanks to increased imports from Canada, even without the Keystone XL pipeline that would have provided a direct connection from Alberta to…
Canada can be the solution as the world looks for reliable energy while maintaining GHG targets
Canada and its partners in the G7 are calling on OPEC for solutions to the growing energy security crisis they say is a “grave concern” for households – particularly low-income households – around the world. The G7 is made up of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. It’s asking Organization…
21,000 jobs, $890 million in taxes and about $2.5 billion in annual GDP
There’s been a big step forward for a major proposed Canadian liquefied natural gas (LNG) project that’s seen as an opportunity for economic reconciliation with Indigenous communities and help to reduce global greenhouse gas emissions. Partners in the Ksi Lisims LNG project, including the Nisga’a Nation, have applied for a 40-year LNG export licence and…
Oil sands companies spent a record $2.4 billion with 275 Indigenous businesses in 2019
Canadian oil sands producer Imperial Oil says it has signed two of its largest-ever contracts with Indigenous businesses. Two joint ventures – one with the Fort McKay First Nation and another with the Mikisew Cree First Nation – will provide Imperial large-scale earthwork, land reclamation, and mining support services at its Kearl oil sands mine…
There are 2,449 coal-fired plants operating worldwide, 189 under construction and 292 planned
Coal use around the world is rising in what the head of the International Energy Agency (IEA) calls “a sobering reality check” for targets to reduce emissions. Against that backdrop, global demand for liquefied natural gas (LNG) is soaring, in part because it can help displace coal power and reduce emissions by half – or…
Canadian LNG exports are expected to replace coal power, primarily for growing markets in Asia
In the world’s race for cleaner energy to reduce greenhouse gas emissions, liquefied natural gas (LNG) from Canada has an advantage. To start with, it comes with a smaller footprint – the lowest emissions intensity of LNG projects in the world. But why? Canada leads among countries able to export natural gas to displace coal,…
The case for the Trans Mountain Pipeline expansion remains strong as oil demand is on its way to a new record high, according to industry analysts. Following nearly two years of world consumption exceeding supply, global oil demand is expected to reach a first-ever 101.6 million barrels per day in 2023, according to the International Energy Agency…
