In this week’s energy industry roundup, we examine a new federal rule that allows certain electric utilities to recover cybersecurity investment costs, the bearish oil market and the impact of wildfires in Canada. New FERC rule for rate-based recovery of cybersecurity investments The Federal Energy ... READ MORE >
Canada
Canada jobs report tops forecasts, showing resilience amid recession fears
Canada’s March jobs report came out hotter than expected, adding more pressure on the Bank of Canada’s fight against inflation. While we don't see another rate hike in 2023 for now, there were not a lot of reasons from Thursday's Statistics Canada report that suggest we will see rate cuts either. The ... READ MORE >
This week in energy: Russia oil price cap, natural gas outlook, nuclear SMRs
In this week's energy industry analysis, we take a look at the European Union's latest sanction on Russian oil, the Energy Information Administration's natural gas outlook, and plans for North America's first small modular reactor. The EU’s latest sanction on Russian oil The European Union on Feb. 5 ... READ MORE >
This week in energy: U.S. LNG exports, oil and gas markets, Canada outlook
In this week's energy industry analysis, we take a look at U.S. liquefied natural gas exports, oil and gas market conditions and a 2023 outlook for Canada's energy sector. U.S. liquefied natural gas exports on the rise Amid the global energy crisis spurred by the Russia/Ukraine war, liquified natural ... READ MORE >
Canada positioned to thrive in EV landscape—and other takeaways from EV/VE 2022
Electric mobility is no longer the future—it’s the present. That was one of the key messages at EV/VE 2022, Electric Mobility Canada’s conference in Toronto last month. The national not-for-profit organization’s event drew electric vehicle sector stakeholders including federal and municipal governments, ... READ MORE >
Canada’s economy cools but outlook remains positive
Canada’s GDP grew 3.1% in the first quarter of 2022 as business investment and household consumption continued to boom while energy exports dragged, according to data released by Statistics Canada on Tuesday. The figure was in line with the Bank of Canada’s forecast but noticeably under market ... READ MORE >
This week in energy: Jet fuel demand, oil and gas earnings, ESG metrics
In this week's energy industry analysis, we take a look at the jet fuel demand landscape, fourth-quarter earnings reports for oil and gas companies, and the first oil and gas producer in North America to issue a sustainability-linked bond. Aviation energy demand to rise in 2022 Global air travel rose ... READ MORE >
This week in energy: Oil releases, Ukraine tensions, Canada investments
In this week's energy industry analysis, we take a look at the release of more oil from U.S. strategic reserves, the swing in natural gas prices amid tensions between Ukraine and Russia, and an anticipated spike in oil and gas investment in Canada. Efforts continue to boost oil supply The U.S. ... READ MORE >
This week in energy: Global market turbulence, Canada’s oil outlook, energy transition
In this week's energy industry analysis, we take a look at the energy market implications of unrest in Kazakhstan, a strong outlook for Canada's 2022 oil production and the continued importance of environmental, social and governance issues in the energy transition. Turbulence in global markets Unrest ... READ MORE >
New entrants are changing the face of Canada’s telecom industry
Canadian consumers pay some of the highest internet connection fees around the globe, but a recent surge in spectrum licenses doled out to smaller telecom companies could mark the beginning of a shift for the industry’s competitive landscape there. Canada’s government dished out 1,495 licenses to 15 ... READ MORE >