On Friday, Marc Garneau, Minister of Transport and Navdeep Bains,Manage Articles Minister of Innovation, Science and Economic Development, announced that the government is now creating a national strategy…
The OPEC/non-OPEC deal is working, and the current underlying key assumption of Russia’s economic policies—oil prices at US$40—can allow it to live forever at that price or below, Russia’s Economy…
Images of the Beijing smog and millions of people wearing masks to be able to breathe are among the more dramatic depictions of air pollution caused by excessive industrialization. Now…
Russia does not plan to privatize its oil sector, Kremlin spokesman Dmitry Peskov told media, after former Finance Minister Alexey Kudrin insisted that the oil industry must be privatized fully…
A day after the American Petroleum Institute played the fairy godmother to oil bulls by reporting a huge draw in U.S. crude inventories, the EIA reinforced the mood by…
I’ve been writing a lot the last several months about the new South Africa mining charter. And this week, that issue is coming to a head — just as some…
The U.S. shale industry might have just received a huge windfall with the nine-month extension of the OPEC cuts. Shale output was already expected to come roaring back this year,…
It wasn’t that long ago, 19 years to be precise, when the average oil price was $11.91 per barrel (WTI). Are world conditions such that we could see that price…
Last week’s OPEC meeting was characterized by a certain banality. The news that OPEC and non-OPEC members would agree to another nine months of production cuts elicited a collective…
Thousands of miles of oil pipelines connect the world’s oil producing hubs to their key customers’ refineries and electrical grids. By replacing trucks, the advent of the pipeline has dramatically…
ExxonMobil tried to beat back a move from shareholders to press the company to disclose its vulnerabilities to climate change and climate regulation, but it failed. At its annual meeting…
Approximately two months ago, Vladimir Putin awarded high-level state honours to a cadre of individuals in recognition of their contribution to Russia. The Order of Friendship award was given to…
America’s prowess in renewable energy capacity is unquestioned. According to the Renewable Energy Policy Network, by the end of 2015, the seven countries with the highest capacity of renewable…
Iran's newly-opened oil patch continues to gain momentum. With the UAE's Emirates National Oil Company saying this week it has paid $4 billion to Iran to settle a tab for…
OPEC and non-OPEC producers part of the production cut deal are committed to drawing the global crude oil inventories down to their five-year average, Saudi Energy Minister Khalid al-Falih
President Donald Trump has decided to withdraw the U.S. from the Paris climate accord, and is telling people close to him that the U.S. will withdraw from the pact, according…
After the nine-month extension of the OPEC deal, there is a growing consensus that oil might bounce around in the $50s and $60s for the rest of the year. But…
The most traded commodity of the 21st century, oil is an essential factor to both oil-producing and oil-importing nations’ financial stature, and consequently it remains intrinsically linked to politics. Yet…
Royal Dutch Shell and ConocoPhillips struck deals in March to sell Canadian oil assets to two Canada-based producers. In both deals, parts of the consideration for the transactions were shares…
This week the UK smashed its previous solar power record, powering nearly a quarter of the nation with solar energy thanks to sunny skies and relatively low demand. At…