Woodfibre LNG ‘essentially assured to go ahead’

Enbridge investment builds on momentum following April milestone of notice to proceed

Woodfibre LNG ‘essentially assured to go ahead’The outlook for Canada’s extra-low emissions Woodfibre LNG project just got even stronger. A new $1.5 billion investment by Enbridge builds on momentum following the April milestone of notice to proceed being issued to the project’s main contractor. “Woodfibre is now essentially assured to go ahead with the recent announcement,” says Thomas Liles, vice-president with…

The good news: renewable energy sources have gained ground

The bad: they still satisfy only seven per cent of the world’s energy demand

The good news: renewable energy sources have gained groundBy Jock Finlayson and Denise Mullen We are living through an extraordinary period in the evolution of international energy markets. Amid the turmoil and trade disruptions caused by Russia’s brutal invasion of Ukraine, energy reliability and security concerns have suddenly re-emerged with a vengeance. And the higher energy costs linked to the war are hitting…

OPEC, IEA offer different projections on crude consumption

Two contrasting scenarios are emerging

OPEC, IEA offer different projections on crude consumptionCrude pundits are divided – literally on geopolitical lines, depicting the fault lines within the industry. Two contrasting scenarios are emerging. On one end is the demand gloom, while on the other is the possibility of a rise in global crude consumption. The Organization of Petroleum Exporting Countries (OPEC) is saying a fall in global…

Indigenous access to capital could be a game changer

... for the Canadian economy

Indigenous access to capital could be a game changerMost Indigenous peoples and nations are not opposed to resource development. In fact, almost every Indigenous community is involved at some level in forestry, commercial fishing, agriculture, oil and gas or mining already. What we are opposed to is being left out. For over a century, resources were extracted from our territories without our say…

Revitalization of nuclear energy – Part 2

Revitalization of nuclear energy – Part 2Episode 21 in our DECARBONIZATION series is the second of three episodes revealing Canada's involvement in nuclear energy and the global forces and sources of change that are contributing to its revitalization. The series was produced by KEI Network in partnership with Troy Media. We welcome your comments below.  Panel Dr. Robert Walker is…

Oil Sands Divestment campaign won’t reduce global emissions

Activists like to trumpet the narrative that the world is rapidly transitioning away from fossil fuels, but the reality is different

Oil Sands Divestment campaign won’t reduce global emissionsAn activist group called Oil Sands Divestment is trying to convince the British Columbia Investment Management Corp. (BCI) to get out of fossil fuels by the end of this year. The campaign says oil and gas is not a sound investment and that projects are increasingly “stranded assets.” Neither is true. Amid what the International…

Saudis turn their backs on Biden’s request for more oil

The prospects of a global economic slowdown are beginning to hit oil demand

Saudis turn their backs on Biden’s request for more oilThe much-awaited ministerial meeting of the Organization of Petroleum Exporting Countries and its allies, including Russia, in the expanded OPEC+, opted to increase its September output by just 100,000 barrels per day (bpd). Despite the urgings of U.S. President Joe Biden to open Saudi Arabia’s crude oil taps during his visit there, the announced output…

Europe is counting on natural gas from Canada

But building LNG infrastructure like long-haul pipelines in Canada is "challenging"

Europe is counting on natural gas from CanadaCanada’s potential to supply natural gas to Europe as liquefied natural gas (LNG) has gone from an afterthought to a critical part of the discussion on how to replace gas from Russia, according to analysts with Norway-based Rystad Energy. European countries are facing emergency measures to reduce energy use to ensure enough natural gas is…

Killing Trans Mountain project would devastate Indigenous communities

Ottawa must bring in legislation to ensure the project gets built now more than ever

Killing Trans Mountain project would devastate Indigenous communitiesOttawa needs to finally declare through legislation that the Trans Mountain Expansion Project is to the national advantage of Canada. Doing so would prove to the Canadian public and Indigenous communities that the federal government is serious about seeing it completed. Make no mistake, killing the project would be devastating for many Indigenous communities along…
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