The Facts

Commentary: Why oil and gas matters to Ontario

Commentary: Why oil and gas matters to Ontario

The headline screamed: “The end of oil age” in the Economist in 2003. Fast forward 18 years and that still doesn’t make sense in many ways. The demand for oil is increasing across the globe. Even U.S. President Joe Biden is now asking OPEC to produce more oil.
WATCH: CEC’s Mike Simpson on the importance of oil and gas to Atlantic Canada

WATCH: CEC’s Mike Simpson on the importance of oil and gas to Atlantic Canada

Canadian Energy Centre Executive Director of Operations Mike Simpson joined Business Insider host Mario Toneguzzi to discuss the positive impact of the oil and gas sector on Canada’s four Atlantic provinces.
Commentary: How Atlantic Canada is missing the oil and gas boom

Commentary: How Atlantic Canada is missing the oil and gas boom

Next year will mark 30 years of offshore oil and natural gas production in Atlantic Canada. In that time, the region has been the primary source of human capital for the oil and gas industry in other parts of Canada, while also being a significant recipient of the benefits from oil and gas activity.
Commentary: Energy poverty in Europe is linked to expensive renewables

Commentary: Energy poverty in Europe is linked to expensive renewables

With the recent rise in the price of natural gas in Europe to five times where it was in early 2021, expect to see many more Europeans and those in United Kingdom plunged into what’s known as “energy poverty.” From Greece to Great Britain and everywhere in between, the European electricity grid has increasingly been delinked from reliable affordable fossil fuels and hooked up to more expensive and intermittent wind and solar projects.
Commentary: Canada is missing out on a $1.2 trillion European Union natural gas market

Commentary: Canada is missing out on a $1.2 trillion European Union natural gas market

In 2009, the central European country of Ukraine endured a twin lesson in geopolitics and energy security: Russia cut off its natural gas supply in mid-winter.