• 4 minutes Trump has changed into a World Leader
  • 7 minutes China's Economy and Subsequent Energy Demand To Decelerate Sharply Through 2024
  • 8 minutes Indonesia Stands Up to China. Will Japan Help?
  • 10 minutes US Shale: Technology
  • 13 minutes Which emissions are worse?: Cows vs. Keystone Pipeline
  • 17 minutes Shale Oil Fiasco
  • 30 mins Boris Johnson taken decision about 5G Huawei ban by delay (fait accompli method)
  • 6 hours We're freezing! Isn't it great? The carbon tax must be working!
  • 6 hours Prototype Haliade X 12MW turbine starts operating in Rotterdam
  • 5 hours Might be Time for NG Producers to Find New Career
  • 3 hours Environmentalists demand oil and gas companies *IN THE USA AND CANADA* reduce emissions to address climate change
  • 46 mins Angela Merkel take notice. Russia cut off Belarus oil supply because they would not do as Russia demanded
  • 5 hours Wind Turbine Blades Not Recyclable
  • 6 hours Phase One trade deal, for China it is all about technology war
  • 1 hour Swedes Think Climate Policy Worst Waste of Taxpayers' Money in 2019
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Global Energy Advisory 13th October 2017

Offshore

October 13 is D-Day for the major European companies that have forged new geo-economic territory by cutting deals with Iran. On the 13th October, Trump will decide whether he’s going to certify Iran’s compliance with the nuclear deal. If he doesn’t, we’re looking at two months before Congress slaps new sanctions on Iran. For European giants (including French oil giant Total SA), this is a nightmare that threatens multiple billions of dollars in deals. Right now, Europe has no real plan to work around this.

And trouble is brewing in Alberta’s oil industry, as well…

TransCanada has decided to scrap its $12.6-billion Energy East pipeline project after years of controversy and opposition. The pipeline was planned to carry 1.1 million barrels of crude from Alberta and Saskatchewan to refineries on the east coast of Canada. The company cited “changed circumstances” likely to do with growing opposition to new pipeline projects, despite the federal government’s support for the project. TransCanada will take a $1-billion charge for pipeline planning and its federal review process.

The news puts Alberta in a precarious position as crude oil production is growing and it needs to be transported somehow from the fields. For Canada’s oil-rich province the only option now is the expansion of the Trans Mountain pipeline of Kinder Morgan, which, however, is being threatened by the new government of British Columbia,…




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