Category: oil and gas

Biden Admin Announces New Land Available for Oil and Gas Leases in Seven States

April 20, 2022
Business & Economyeconomic policieseconomyExecutive Branchfederal landJoe Bidenoil and gasPoliticsUSUS News
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The Biden administration issued environmental assessment and sale notices for oil and gas leases on federal land in seven different states on April 18—a step taken reluctantly to come into compliance with a court order. The move comes days after the Department of Interior announced it would resume oil and gas lease sales on public…

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Capitol Report (April 19): Passengers and Crews Celebrate Ending Mask Mandate

April 19, 2022
Big TechCapitol Reportclimate changeDonald TrumpFBINews Videosoil and gasRussiaRussia-Ukraine crisissanctionsterror watchlistUSUS NewsVolodymyr ZelenskyyWhite House
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Masking up while traveling is now optional. The change has been met with cheers—and also concerns. What does the new ruling mean for you? Twenty-three on the FBI’s terror watchlist were caught illegally entering the United States. Those crossing the southern border are coming from countries all around the world, prompting the question: who is…

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Canada’s Energy CEOs Position Companies for Stability Amid Cash Flow Boom

April 6, 2022
Birchcliff EnergyBusiness & EconomyCanadaCanadian Natural ResourcesCAPPCompaniesCrescent PointEnerplusInvestmentMarketsoil and gasWorld
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Oil and gas stocks have been the champions of the first quarter of 2022, but industry executives, having learned hard lessons from prior downturns, are treating this boom differently.

Texas Puts Pressure on Firms that Boycott Oil and Gas Companies

March 24, 2022
Business & EconomyCompanieseconomic policieseconomyfossil fuelLocal NewsMarketsoil and gasRegional-Local NewsTexasUSUS News
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Texas state agencies may no longer invest funds in companies that boycott oil and gas companies, Texas Comptroller Glenn Hegar said on March 21. As of March 16, Hegar had written to 19 major international investment firms like JP Morgan, Credit Suisse, and Blackrock, asking them to clarify their policies on fossil fuel investments. Companies have…

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AB, Sask. Premiers Say Liberal-NDP Alliance Will Harm Oil and Gas Industry

March 23, 2022
Alberta Premier Jason KenneyCanadaLiberal-NDP allianceoil and gasSaskatchewan premier Scott MoeWorld
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The forming of a Liberal-NDP alliance to support Liberals on confidence votes until 2025 is raising concerns from prairie premiers over the partnership’s potential threat to Canada’s oil and gas industry. Prime Minister Justin Trudeau announced the agreement on March 22, after his government secured the support of the NDP in exchange for progress on…

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Tory MP Rempel Garner Joins Patrick Brown’s Leadership Campaign as Co-Chair

March 19, 2022
CanadaConservative PartyConservativesleadership raceoil and gasPierre PoilievreWorld
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Tory MP Michelle Rempel Garner is joining Brampton Mayor Patrick Brown as the national campaign co-chair for his bid to become the next leader of the Conservative Party. In a statement issued Saturday, Brown said Rempel Garner, who represents the riding of Calgary Nose Hill, is “Western Canada’s strongest champion.” Rempel Garner has held prominent…

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More Than Half of Quebecers in Favour of Province Developing Own Oil Resources

March 18, 2022
CanadaEuropeoil and gasoil resourcesRussianUkraineWorld
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More than half of Quebecers say their province should develop its own supply of oil instead of importing it, a new poll finds. Conducted by Ipsos on behalf of the Montreal Economic Institute (MEI), the online poll shows that 52 percent of Quebecers believe that their province should develop its own oil resources rather than…

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Alberta Not Dominated by Oil and Gas, Economy as Diversified as Other Provinces: Study

March 16, 2022
AlbertaCanadadiversificationoil and gasspecializationWorld
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Despite frequent calls by activists and politicians to diversify Alberta’s economy, a recent study finds that the oil and gas sector does not dominate the province’s economy. On the contrary, its economy is as diversified as the rest of Canada’s provinces. “Demands for Edmonton to actively diversify the Albertan economy are often based on myths…

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Australia To Develop Offshore Oil, Gas Amid War-Induced Energy Crisis

March 14, 2022
AustraliaBusiness & Economyenergy crisisEuropefueloil and gasRussia-Ukraine WarWorld
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Australia will soon begin approving offshore oil and gas exploration projects in a move that could help alleviate the global energy crisis stemming from the Russia-Ukraine conflict. The decision from governments and corporations to cut off imports of Russian oil has led to a spike in fuel prices worldwide—including Australia, where the price at the…

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Energy Policy in North America Focuses on Climate Change to the Neglect of Energy Security: AB Energy Minister

March 12, 2022
Business & EconomyCanadacarbon taxclimate changeeconomyenergy securityfossil fueloil and gasoilsandsRussian oilUkraineWorld
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Alberta Energy Minister Sonya Savage says it is high time that the Liberal government treats Alberta’s oil and gas reserves as a strategic asset, and not a liability to be phased out to the detriment of energy security. Speaking at a press conference on March 11, Savage said the Russian invasion of Ukraine has put…

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