A new report by RBC Capital Markets estimates a significant financial windfall for Canadian governments through our local oil and gas industry in an era of now-higher commodity prices and improved profitability.
Amid a global energy crisis deemed worse than the oil crises of the 1970s, Canada seems to have forgotten about its vast petroleum reserves, which, if unleashed, could help stabilize energy markets and improve energy security worldwide.
A global energy crisis has gripped nations worldwide, and it may get worse before getting any better. Families are being hit by huge price hikes, businesses are shutting down over unpayable energy bills, and elected leaders are struggling to tackle high inflation.
Did you know that Canada gets about 82 per cent of its electricity supply from non-emitting sources? Around 60 per cent of that power generation is hydroelectric, while nuclear power in Canada generates about 15 per cent. The remaining 7 per cent is made up of other non-hydro renewables such as ...
Canada’s status as one of the world’s most responsible producers and exporters of energy means we should be doing everything we can to provide our sustainably produced oil, natural gas, uranium, electricity and renewables to a world in dire need. Yes, that means building more pipelines to transp...
Imagine if you chose to live your life saying “no” to everything that came your way. It’s hard to fathom, because there are times when you have to say “yes,” and there are also times when you have to sit back and reflect on the information you have first before making a decision.
If you have noticed rising costs at the grocery store, gas pump, your favourite restaurants or anywhere else in your daily life, you are not alone. Today, much of the world is struggling with supply shortages and increased living costs associated with the technical term “inflation.” For the firs...
Despite predictions of "peak oil" over the years, growing global oil demand seems here to stay, at least in the short to medium term. Following the global energy crisis of 2021 – and its 2022 sequel – it's clear the world will need all forms of supply to keep the lights on and the economy rollin...
Did you know that today's modern fleet of renewable energy technologies cannot exist without non-renewables? Unfortunately, not many people realize that fossil fuels – and their high energy density – play an integral role in manufacturing essential components of renewables, from wind and solar t...
Unless you want to spend most of Christmas trying to explain to the kids about limited reindeer capacity or elf worker shortages, buy those high-demand toys now. They might just not make it to Black Friday given the energy crisis underway in Europe, which according to many energy analysts has th...