Canada already has a working "windfall tax" on oil and gas companies. It’s called a scaling royalty system, so let's have an informed discussion about our world-class energy producers. Despite the overwhelming treasure trove of evidence and analyses showing how a windfall tax would hurt Canadian...
Suggestions from the U.S. over the past months that it may scale down sanctions on Venezuela to increase oil supplies should make us all think of the Keystone XL (KXL) pipeline. The now-defunct project could have been a stable and reliable source of oil for U.S. refineries for decades. The 830,0...
OPEC+, a group of the world's most influential oil producers, agreed to deep output cuts on Wednesday in an attempt to boost crude prices, despite calls from Western nations to pump more to help support the global economy. The 2 million barrel per day reduction from November onward will make ene...
Europe’s unfolding energy crisis and desire to find new sources of energy supplies has led to fierce debate about developing new liquefied natural gas (LNG) export terminals on Canada’s coastlines. The discussion raises the question: is there a “business case” for new Canadian LNG projects? When...
An energy crisis has been developing across the world over the past few years. Exacerbated by the war in Ukraine, these supply shortages are accompanied by many real-world consequences for people, prosperity, and the planet. Here are more than 30 tweets showing us all just what the consequences ...
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.
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.