The energy world’s top leaders and influencers recently gathered in Houston for the annual IHS Markit CERAWeek. Discussion at the event is always a good barometer for gauging the state of the industry, both today and into the future. Climate Pressure Climate change and the energy sector’s response was a frequent topic. Recent events […]
This week’s SnapChart plots the relationship between Chinese total energy demand and population. The Country started a rapid rise in consumption in 2004, growing threefold since then at near constant population. The number of people in China is clearly not driving energy consumption, instead economic growth is the principle driver. Over the past twenty […]
This week’s SnapChart plots the costs for delivering liquefied natural gas to growing Asian markets. For Canada, we show the delivered costs estimated by the LNG Canada project. The first major LNG project in the country, LNG Canada aims to deliver 1.8 Bcf/d of gas from British Columbia’s west coast to Asian markets by […]
The US has announced economic sanctions that effectively stop imports of Venezuelan oil. This leaves the complex refineries in Texas and Louisiana scrambling to find substitutes for the Venezuelan heavy oil they consume. The situation creates an opportunity for Canada to fill in the void, but only if crude by rail can ramp-up to […]
