Stark contrast between U.S. energy boom, Canada’s lethargy

Canada’s energy sector is struggling primarily because of poor government policies. The U.S. shows a way out of this mess

Stark contrast between U.S. energy boom, Canada’s lethargyBy Elmira Aliakbari and Ashley Stedman The Fraser Institute Over the past few years, the governments of Canada and the United States have taken markedly different approaches to energy development, particularly with oil and gas. Consequently, the U.S. energy industry is booming while Canada’s continues to struggle despite increases in oil and natural gas prices.…

Trans Mountain shoe is now firmly on Trudeau’s foot

As proud owners of this stinking mess, Trudeau and Morneau are going to find out first-hand the challenges the oil and gas industry has had to face over the years

Trans Mountain shoe is now firmly on Trudeau’s footAmerican author Robert Byrne once opined: “Until you’ve walked a mile in another man’s moccasins, you can’t imagine the smell.” It’s time to smell the roses on the Trans Mountain pipeline. The federal government is about to stumble 1,770 kilometres in the oil industry’s shoes over the Federal Court of Appeal’s decision to revoke approvals…

Drilling contractors remain resilient, optimistic

Mark Scholz of the Canadian Association of Oilwell Drilling Contractors says the organization’s members remain committed to the oil and gas industry

Drilling contractors remain resilient, optimisticMark Scholz is president of the Canadian Association of Oilwell Drilling Contractors (CAODC). Calgary’s Business: What’s the vision and mission of the Canadian Association of Oilwell Drilling Contractors? Scholz: Our vision is to be the most influential trade association in Canada because we want to help create the best possible environment for our members to operate…

Trans Mountain pipeline hurdles never end

The long, convoluted path to rejection demonstrates an approval process that is fundamentally flawed on so many levels

Trans Mountain pipeline hurdles never end“The current state of affairs in Canada is such that building a pipeline to tidewater is practically impossible,” says Alberta Premier Rachel Notley. Truer words were rarely spoken. These ones were spoken at an Aug. 30 press conference as the courts set back the Trans Mountain pipeline expansion. The hurdles, it seems, never end. The…

LNG Canada a win for consumers, workers, business, environment

Canada has been late to fully capitalize on the potential, based on high export prices and the desperate demand for clean fuel

LNG Canada a win for consumers, workers, business, environmentCanada’s planned liquefied natural gas export project is a huge boost for the economy and the environment. The consortium of large multinational firms (Shell, PetroChina, Petronas of Malaysia, Korea Gas, Mitsubishi) that owns part of the LNG Canada project to be built on the northwest coast of British Columbia recently announced that contracts have been…

Is Canada’s economic future a game of political ping-pong?

A conversation on the Trans Mountain pipeline expansion fiasco and where the nation can go from here

Is Canada’s economic future a game of political ping-pong?By Doug Firby and John Stewart Troy Media Editor's note: Thursday’s Federal Court of Appeal ruling overturning the approval of the Trans Mountain pipeline expansion is a victory for opponents but a devastating blow to Alberta’s plans to boost oil-and-gas exports from the province. Doug Firby, Troy Media’s publisher, and John Stewart, editor-in-chief, discuss the…

Alberta sends bulk of crude oil to pipelines in Canada

Pipelines delivered 7.4 million cubic metres of crude oil to Canadian refineries in June, up 3.2% over last year

Alberta sends bulk of crude oil to pipelines in CanadaPipelines in Canada received 20.8 million cubic metres of crude oil and equivalent products from fields and plants in June, up 4.5 per cent compared with the same month in 2017, according to Statistics Canada. The federal agency reported 0n Monday that the vast majority of product came from Alberta at 86.4 per cent of…

Too many oil and gas opportunities left on the table

Tim McMillan of the Canadian Association of Petroleum Producers talks about the need to attract investment, spur innovation and grow jobs

Too many oil and gas opportunities left on the tableTim McMillan is president and CEO of the Canadian Association of Petroleum Producers. Calgary’s Business: How would you describe the state of the oil and gas industry right now? McMillan: We’re at a crucial point in Canada right now. Oil prices have recovered but the Canadian industry is not rebounding as fast as other oil…

The Saudi-Canada spat and the New World Order of Oil

What's been billed as a clash over human rights is really all about oil and the Saudis keeping Canada in its place

The Saudi-Canada spat and the New World Order of OilCall it the clash of the oil titans. And it all started with a tweet. In one corner we have Saudi Arabia, the undisputed oil heavyweight of the world. It produces 11 million barrels per day (bpd) and is the planet’s largest oil exporter by far. In the other corner to challenge the champ, we…

Helping companies get out from under an avalanche of spreadsheets

Christopher Ronak of software developer 4castplus caters to a growing need for project cost management help

Helping companies get out from under an avalanche of spreadsheetsChristopher Ronak is CEO of 4castplus. Calgary’s Business: What is 4castplus and the story behind its founding? Ronak: 4castplus is construction project cost management software designed to provide organizations with a centralized platform to run all their major projects and programs, including infrastructure, pipeline, construction, mining and oil and gas. Users gain deep visibility, analytics and…

Canada must maximize its oil profit potential

Enbridge pipeline approval is good news but Canadian oil remains largely confined to U.S. market. We need a broader marketplace

Canada must maximize its oil profit potentialBy Elmira Aliakbari and Ashley Stedman The Fraser Institute Regulators in Minnesota recently approved Enbridge’s $9-billion Line 3 replacement pipeline project. The project will add much-needed export capacity for Canadian oil producers in Alberta who continue to face costly transportation constraints. When it comes on stream in late 2019 or early 2020, the project will…

Notley working to get Alberta off the boom-and-bust roller-coaster

Alberta Premier Rachel Notley explains why and how the province can have both a diversified economy and a strong energy sector

Notley working to get Alberta off the boom-and-bust roller-coasterRachel Notley is premier of Alberta. Calgary’s Business: What’s your overall sense of Alberta's economy and where it's at today and more importantly where it’s headed in the future? Notley: We know things are looking up. You may have heard the jobs numbers before: 90,000 full-time jobs created last year, mostly in the private sector.…

Kinder Morgan acquisition could increase federal budget deficit by 36%

Report says the government is probably facing at least $11.6 billion in project-completion costs for the pipeline

Kinder Morgan acquisition could increase federal budget deficit by 36%Canada could see its budget deficit grow by more than a third with the federal government’s purchase of the Trans Mountain pipeline from Houston-based Kinder Morgan, according to a report by the Institute for Energy Economics and Financial Analysis. The report – Canada’s Folly: Government Purchase of Trans Mountain Pipeline Risks an Increase in National…

Trans Mountain opponents out of touch with reality

B.C. still exports coal because to do otherwise would be to kill jobs in the province. The contrast with its pipeline stance is startling

Trans Mountain opponents out of touch with realityMany opponents of the Trans Mountain pipeline expansion justify their opposition by citing concerns about climate change and carbon emissions, but this raises some important questions. What about coal? Vancouver is North America's largest exporter of coal, one-third of it thermal coal for generating electricity. Vancouver exports U.S. coal because Oregon and Washington have stopped…
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