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Saudi Arabia has reminded us again of the power of the world’s largest oil producer. Through Saudi Aramco, one country with only 35 million people controls 11 per cent of global supply.  

Environmental activists are calling on Prime Minister Justin Trudeau to endorse a dangerous and misguided “fossil fuel non-proliferation treaty” ahead of the COP27 climate summit in Egypt. 

Rising demand, high commodity prices and concerns about energy security have driven up share prices in Canada’s oil and gas sector, and investors are reaping the benefits.  

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A massive milestone has been reached in the growing trend of Indigenous people taking ownership of Canadian oil and gas projects. 

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“Extreme discounts” on western Canadian natural gas this summer may have cost producers more than $1 billion per month in revenue, according to RBN Energy. That means potentially millions less in government revenue for quality-of-life projects and services.  

Canada’s plan to cap emissions from the oil and gas sector and fast-track reductions would cause unacceptable damage to First Nations communities, says the executive director of the Indigenous Resource Network (IRN).  

The old saying goes, “No news is good news.”