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 […]
Thanks for your support of our podcast, a weekly show that explores the trends that influence the energy business in Canada and beyond. Since most of our followers play the podcast directly from our website, this blog is to make you aware of an alternative, convenient way to hear our podcast using your smartphone. By […]
Everyone in the Canadian oil and gas business will be happy to close the chapter called 2018. Next year, the saga of one of the largest industries in the land will be longing for resolution—or at least some comfort that the climax of the escalating story arc is in the past. This year’s chapter […]
It was looking as if OPEC and Russia would deliver a lump of coal for Christmas, especially with President Donald Trump being an industry scrooge, wanting oil prices to go even lower. Yet the cartel delivered an early Christmas gift by announcing a production cut that appears large enough to stabilize international oil prices. […]
