While the country’s Central Bank may have managed to offset some of the tougher sanctions, the West’s economic broadside has caused long-term damage to “Fortress Russia”.
The problem has always been that Europe trades with Russia a lot, while the US only trades a little.
Every time Alberta’s energy-based economy goes into a tailspin, it’s because the price of oil has declined precipitously, and when it booms, it’s because the price has soared.
New relationships between energy, geopolitical security and climate change policy flowing from the invasion of Ukraine are beginning to emerge, and the implications could be enormous.
Why recent calls for the UK to resuscitate shale gas exploration are for the birds.
New developments in microalgae cultivation are helping to propel the potential of renewable biofuels to combat climate change.
A former US ambassador to Kazakhstan explains the strategic and economic importance of Kazakhstan to the US.
If Canada chooses to keep its oil in the ground, it doesn’t mean turning off the tap overnight. Skilled trades will be key to winding down the industry and building up new lines of work.
Sudbury was once known as one of the world’s most polluted cities. But it transformed itself with the help of the mining industry.
BHP is banking profits from its failing assets, while washing its hands of the responsibility for its past and ongoing contribution to climate change.
Nord Stream 2 is a pipeline that will deliver Russian gas to Western Europe – and, by extension, increase Putin’s influence across the continent. That makes Ukraine and some other countries nervous.
Canada and Norway face epic challenges in weaning themselves from petroleum dependence.
President Joe Biden’s executive order could be fatal to the Keystone XL pipeline. The Canadian oil sector now has no choice but to innovate to survive.
Joe Biden has sweeping plans for a clean energy revolution. Congress will be a big speed bump, but it can’t block everything.
Some speculated that voters in Pennsylvania, Ohio, Colorado and Texas would vote against Joe Biden because of his plans to phase out fossil fuels.
Recent industry reports indicate that we may be approaching peak global demand for oil. If that’s the case, the federal Conservatives may need to rethink their electoral strategy.
More oil and gas wells risk becoming orphaned given the long-term downward trend in the industry.
A recent report found widespread support among North Sea oil and gas workers for a career in renewable energy.
Decommissioning offshore structures is expensive and environmentally damaging – so why is it illegal to leave them where they are?
Research into income trusts shows that they once helped increase investments in oil and gas. They could do so again — but this time targeted towards low-carbon technologies.