Canada has an unparalleled position to supply “friendly oil” to a world increasingly focused on reducing emissions and improving environmental, social and governance (ESG) performance, says a new report by BMO Capital Markets.
After quickly rebounding from the greatest shock in oil market history, the “increasingly resilient” oil sands is set to continue growing, according to a new forecast by IHS Markit.
More and more new Canadians are working in oil and gas, drawn by the opportunity for career advancement, a higher quality of life, and the potential to contribute to innovation that provides more sustainable energy and makes the world a better place.
On the White Earth Reservation in northwest Minnesota, Matt Gordon takes great pride that his family’s Native American-owned construction company is able to help workers support their families in a region where 21 per cent of the population lives in poverty.
For 22-year-old Justus Otto, the movement at some universities to divest from oil and gas is a symbolic gesture that has little impact other than to give a bad name to Canadian companies that are global leaders in environmental protection.
The new CEO of Canada’s pension investment fund says conventional energy (ie. oil and gas) will play a crucial role to lower emissions in the global economy moving into the future. He has no intention of “blanket divesting” from these companies.
University of Waterloo to divest from oil and gas, but has accepted millions from oil and gas donors
The University of Waterloo plans to divest its pension and endowment funds from oil and gas, while its donor list includes millions from oil and gas related companies.
Tourism-based communities in B.C. are getting a boost from work on the Trans Mountain expansion, which is helping reduce the impact of pandemic travel restrictions.
It may be the second-lightest element in the universe, but helium is heavy with potential in Canada. Global demand for helium is outpacing supply, and Canada has not only significant resources but also the expertise required to get in on the game.
Local community and business leaders are asserting their continued support for Enbridge’s Line 3 replacement project as protestors try to block pipeline construction in the weeks leading up to a critical court decision.