This article was published by the US Energy Information Administration on June 10, 2022. By Kevin Hack In our June 2022 Short-Term Energy Outlook (STEO), we forecast that U.S. refinery utilization will be relatively high this summer in response [Read more]
This article was published by rfi.fr on March 9, 2022. By David Coffey with RFI Speaking at a conference in Paris this Wednesday, French Finance Minister Bruno Le Maire cautioned that current energy crisis was [Read more]
This commentary is provided by Wood Mackenzie. LONDON/HOUSTON/SINGAPORE, 25 February 2022 –The impact of Russia’s invasion of Ukraine rattled global markets. There will be lasting implications for commodities, energy policy and the energy transition, experts [Read more]
By Simon Dwyer This article was published by Pembina Institute on Nov. 15, 2021. After a week in Glasgow, I can’t help but reflect on what the UN Climate Conference of the Parties (COP26) means [Read more]
By Ed Hirs This article was published by Forbes on April 26, 2021. More climate disclosure requirements are on the horizon for energy producers and energy consumers. The Securities and Exchange Commission (SEC) is thinking about [Read more]
This article was published by the Canada Energy Regulator on Aug. 5, 2020. Canada’s demand for energy can be broken down by economic sector. In 2017, the industrial sector made up 52 per cent of [Read more]
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This article was published by the Canada Energy Regulator on July 8, 2020. Since 1990, energy use in Canada has grown. While energy use is trending upwards, it is affected by various factors. Natural Resources Canada uses [Read more]
The City of Edmonton is offering a number of environmental rebate programs to help commercial property owners, residential homeowners and transportation enthusiasts invest in energy efficient upgrades. The programs were available as of Wednesday and [Read more]
On Wednesday, the Alberta government announced it is setting a new helium royalty rate. The Kenney government says the change, retroactive to April 1, will provide investor certainty to help develop an untapped resource that [Read more]
As a result of the COVID-19 pandemic, governments around the world, including Canada, have put restrictions in place so that people remain at home as much as possible. These restrictions have resulted in unprecedented reduction [Read more]
By Carolyn Kim This article was published by Pembina Institute on April 15, 2020. As we work to rebuild Canada’s economy in the wake of COVID-19, our investment choices will help determine our success in [Read more]
In it’s report on the impacts of the COVID-19 virus, Wood Mackenzie highlights the massive impact of the pandemic on the global power and renewables industry. Countries around the world are struggling to handle the [Read more]
This article was published by the Canada Energy Regulator on March 25, 2020. As of Friday 20 March 2020, the spot price for West Texas Intermediate (WTI) crude oil decreased by 65 per cent from [Read more]
The coronavirus crisis will cause global wind additions in 2020 to decline by 4.9GW compared to Wood Mackenzie’s previous projections. Due to the Coronavirus pandemic and other market changes since Wood Mackenzie’s Q4 2019 update, [Read more]
On Friday, Athabasca Oil announced it will cut its $30 million 2020 capital program and curtail heavy oil production at its Hangingstone oil sands facility. The Calgary-based company says it has immediately cancelled its forecast [Read more]
This op-ed was released by Wood Mackenzie on March 19, 2020. Survival mode has returned to the oil and gas sector as the oil price rout deepens. Corporate financials are in better shape than during [Read more]
In the short term, the biggest downside risk from the dramatic drop in oil prices to gas supply is associated with gas production – largely from unconventionals in the US, argues energy consultancy firm Wood [Read more]
According to the newest provincial outlook from the Conference Board of Canada, Alberta could be facing a mild recession due to falling investment, pipeline concerns and Canada’s carbon tax. In a press release from the [Read more]
In 2018, the US trade deficit hit $621 billion, up over 12 per cent compared to the previous year. This is still below the record high $761 billion set in 2006. US trade deficit worsened [Read more]
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