On Nov. 15, President Biden signed a $1.2 trillion infrastructure package—The Infrastructure Investment and Jobs Act—that provides historic funding levels to improve public works, including roads, bridges, highways, internet access and the power grid, as well as to mitigate the effects of climate change. ... READ MORE >
energy
This week in energy: Omicron & OPEC, Canada oil revenue, measuring ESG
In this week's energy industry analysis, we take a look at recent factors affecting oil prices, the oil revenue landscape in Canada and a new board that aims to create more consistency around measuring companies' progress on environmental, social and governance issues. Market update – OPEC+ and ... READ MORE >
What the global coordinated release of petroleum reserves means
The politics and policy of global inflation will begin to shape markets as major global economies push back in direct and indirect ways on the surging price of oil. Recent jawboning of the oil market by the Biden administration and its global allies has resulted in a roughly 9% decline in the price ... READ MORE >
This week in energy: Infrastructure bill, carbon capture, oil prices up
In this week's energy industry analysis, we take a look at the recently passed infrastructure bill's implications for the sector, proposals for carbon capture and storage projects in Canada, and the recent rise in oil prices. Infrastructure implications The infrastructure bill passed by the House on ... READ MORE >
Carbon pricing—in the spotlight at COP26—could mean big shifts for global trade
Conversations last week at the United Nations Climate Change Conference, known as COP26, made clear that increases in carbon prices and in the adoption of carbon pricing programs are critical to reduce carbon emissions to keep the global temperature increase under 2 degrees Celsius. Though long touted ... READ MORE >
This week in energy: COP26, Permian production, Canada Cabinet shuffle
In this week’s energy industry analysis, we take a look at priorities for the upcoming United Nations climate change conference, the recent production surge in the Permian Basin, and new Cabinet appointments in Canada. 1. U.N. climate change conference Next week, the United Kingdom will host ... READ MORE >
The Permian Basin leads U.S. shale production recovery
Until recently, U.S. shale producers across the board have exercised production restraint due to market uncertainty and pressure from investors to practice capital discipline, but now a production surge in the prolific Permian Basin is leading recovery in the country’s shale patch. As the energy crunch ... READ MORE >
This week in energy: Global shortage, Canada fossil fuels, Northam conference hot topics
In this week's energy industry analysis, we take a look at the continuing global energy crunch, what the increased demand for fossil fuels means for Canada, and highlights from the Northam Energy Capital Assembly conference. Here's the latest. 1. Energy shortage The global energy crunch continued this ... READ MORE >
China reacts to energy crunch with coal price reform
The global energy crunch continues, marked by surging commodity prices and building speculation around supply. This week, eyes are on China—the world’s largest exporter of goods—as the country grapples with ongoing shortages and their ripple effect across the nation’s economy and key commodities, ... READ MORE >
3 things to know in energy: Surging prices, Permian Basin shifts, Canada’s election
In this week's energy industry analysis, we look at the crunch caused by surging prices and decreased supply, how shifting assets in the Permian Basin might affect the industry, and what the results of Canada's federal election might mean for energy policy. Here’s the latest: 1. Energy shortage and ... READ MORE >