Friday, 31 January 2025

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Enserva’s 2024-2025 Fall State of the Industry Report forecasts oil and gas prices and demand to remain steady

Insights on the Canadian economy and the North American and global energy sectors discussed during expert panel, hosted by Enserva CALGARY, Alberta, Nov....

A Bill described as an ‘admission of failure’ over cliamte change targets has been passed by Holyrood. (Garth Fuller/PA)
Carbon ManagementClimateEconomyEmissionsEnvironmentNewsPoliticsRegulations

Holyrood passes Climate Change Bill branded Scottish govt’s ‘admission of failure’

Scottish climate bill branded an “admission of failure” passes, moving targets to a five-year cycle after missed goals.

Major Drilling Group International Inc. logo is shown in a handout. The company has signed a deal to buy South American specialty drilling contractor Explomin Perforaciones in a deal worth up to US$85 million. THE CANADIAN PRESS/HO
BusinessMiningNatural GasNewsOil

Major Drilling buys South American drilling contractor, boosting rig count

The deal will see Major Drilling will acquire a fleet of 92 well-maintained drills, bringing the total rig count to 701.

FILE PHOTO: A view shows a sign of the COP29 United Nations Climate Change Conference with a backdrop of the cityscape in Baku, Azerbaijan October 31, 2024. REUTERS/Aziz Karimov/File Photo
Carbon ManagementClimateClimate FinanceEmissionsNewsPoliticsRegulationsTrade

China wants talks on trade measures at COP29 climate summit, document shows

China has called for talks on carbon border taxes and other restrictive trade measures at next week's COP29 climate summit.

A conceptual image of smoke emitted from factory-like chimneys.
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Landmark Washington climate law faces possible repeal by voters

Washington voters may repeal the Climate Commitment Act, a law cutting emissions but blamed for higher gas prices.

Saudi Aramco is the world's biggest crude exporter (AFP)
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Saudi Aramco says quarterly profit drops 15% on low oil prices

The world's largest crude oil exporter, Saudi Aramco, reports a Q3 profit drop of 15 per cent, reflecting lower oil prices and ongoing...

News ReleaseEmissionsNatural GasOilPoliticsRegulations

Enserva’s President and CEO, Gurpreet Lail, issued the following statement in response to the Government of Canada’s draft oil and gas sector emission cap regulations

November 4 2004 The government’s proposed emissions cap is a production chokehold in disguise. By imposing these overreaching restrictions, they’re not just capping...

Republican presidential nominee and former U.S. President Donald Trump takes the stage at a campaign rally at Santander Arena in Reading, Pennsylvania, U.S., November 4, 2024. REUTERS/Brian Snyder
BusinessClimateElectionsEmissionsNatural GasNewsOilPolitics

Trump unlikely to undo Biden’s IRA climate legislation, TotalEnergies executive says

TotalEnergies expects Trump unlikely to exit Paris Agreement or undo IRA if re-elected, per strategy director Hamelle.

Minister of Environment and Climate Change Steven Guilbeault  joins  Minister of Energy and Natural Resources Jonathan Wilkinson and fellow colleagues as they hold a press conference in Ottawa on Monday, Nov. 4, 2024.  Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations being published today by Guilbeault.  THE CANADIAN PRESS/Sean Kilpatrick
Carbon ManagementEmissionsEnvironmentNatural GasNewsOilRegulations

Canada’s oil, gas companies told to cut emissions by one-third under planned cap

Oil and gas producers in Canada to cut greenhouse gas emissions by one-third in eight years under new draft regulations.

Gas storage at port and LNG vessel
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Seasonal natural gas and LNG prices are soaring in Europe and Asia. What does this mean for long-term energy security?

This Rystad Energy report provides insights useful for understanding the evolving dynamics of global gas prices and markets.

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