Canada’s oil and gas industry has a positive tailwind pushing it into 2021, despite the challenges the industry has faced this year. That boost is the spreading awareness of the benefits the industry has across the Canadian economy, its successes in responsible development, the opportunities it presents to Indigenous communities, and its position in global markets.
It wouldn’t be a stretch to think many Canadians share a similar perception of what those working in the nation’s oil and gas industry look like.
Canada’s oil and gas industry is achieving success on its path to continuously reduce environmental impacts, and its innovations are being used to inform better practices around the world. This reality belies the characterizations of opponents that the sector is a laggard in environmental protection and performance.
The notion that Indigenous people in Canada broadly oppose oil and gas projects is becoming an increasingly hard sell, as many First Nations communities are not only realizing the benefits of working with industry, but looking to stake their own claims on energy mega-projects.
Canada’s oil sands sector is often characterized as having a massive physical footprint on the environment, but it’s actually very small in the context of the overall size of Alberta.
Construction is underway on a liquefied natural gas (LNG) project in the US Pacific Northwest that is required to use Canadian natural gas as feedstock in order to reduce greenhouse gas emissions.
Russia’s largest oil company doesn’t seem to be buying into the flawed peak oil narrative that has taken over headlines around the world. Instead, Rosneft is setting up to fill the void left by companies like BP and Royal Dutch Shell as they pledge to reduce fossil fuel investment despite expectations for continued growth in oil demand.
Oil sands producers have planted more than five million trees in a joint program designed to reclaim the boreal forest faster after exploration drilling.
Indigenous groups seeking ownership stakes on high profile Canadian pipeline projects have become something of a recent trend, with Indigenous-led bids for the Trans Mountain pipeline expansion and Keystone XL generating headlines.
This week the Canada Energy Regulator released its Canada’s Energy Futures 2020 report. Some oil and gas industry detractors are using its scenario projections to promote the narrative that Canada does not need to build all three major oil pipelines that are currently under construction: the Trans Mountain expansion, the Line 3 Replacement Project, and Keystone XL.