Just how important is oil and gas to the Canadian economy? We gave the best answer we could in a previous blog, but new studies by the Canadian Energy Research Institute (CERI) shed even more light on the topic. Two CERI reports released in July of 2019 forecast the economic contribution of both ...
The United States, which just happens to be Canada’s number one competitor for oil and gas markets, has reached a new liquefied natural gas (LNG) export record of 4.7 billion cubic feet per day (Bcf/d) in May of 2019. The country became the world’s 3rd top LNG exporter this year, averaging 4.2 Bc...
The short answer is yes! But who’s in for short answers nowadays? In today’s current climate of misinformation and fear mongering about Canada’s natural resource sector, most of which has been spread by foreign-funded “environmental” groups who only oppose Canadian energy, the whole truth needs ...
The answer is yes! All 20 First Nations along the Coastal GasLink pipeline route have signed benefit agreements with TransCanada. Furthermore, a majority of First Nations in northern British Columbia support both the Coastal GasLink and LNG Canada projects. $40 Billion LNG Canada Project Approve...
In Texas, millions of barrels of new pipeline capacity is under construction to get their oil to market. According to Bloomberg, major Permian Crude Pipelines projects currently underway include: Gray Oak – Complete in end of 2019 – 700,000 – +1,000,000 bpd EPIC – Complete in 2nd H of 2019 - ...
Did you know that 12 of the 13 provinces and territories in Canada have an active petroleum industry stimulating the economy within their respective boundaries in some way or another? These companies are using goods and services in many regions throughout the country, making the exploration and p...
Have you heard about the multi-billion-dollar LNG project proposed in British Columbia? With a $40-billion price tag, the project is set to become the single largest investment into infrastructure in the province’s history! There would be massive economic benefits for both the private sector and ...