B.C. won’t be able to quit fossil fuels any time soon

The results of greater energy efficiency will materialize over the long term, even if politicians seek abbreviated timelines

B.C. won’t be able to quit fossil fuels any time soonJock Finlayson and Denise Mullen Business Council of B.C. Metro Vancouver residents are rightly upset over paying the highest gasoline prices ever recorded in a North American city. Cost-of-living pressures are already significant for many households in British Columbia, making the recent jump in pump prices particularly hard to stomach. The unprecedented attention being given…

The high-stakes international oil game that Canada’s losing

Canada’s energy wealth risks being stranded while the U.S. boosts its position as a global oil supplier

The high-stakes international oil game that Canada’s losingBy Jock Finlayson and Denise Mullen Business Council of B.C. Canada has long depended on a single market for its exports of energy. This over-reliance on one customer, the United States, carries significant risks. That became evident in recent years as the U.S. ramped up its production of oil, natural gas and other energy products…

A software footprint that covers the oil and gas value chain

John Pollock of Quorum talks about the impact of MOSAIC software on the industry, and Calgary's growing tech reputation

A software footprint that covers the oil and gas value chainJohn Pollock is product director of Quorum MOSAIC. What’s the history of Quorum? Why was it created and what does it do? Pollock: Quorum started back in 1998 after the founders saw an ongoing need in oil and gas for operational and accounting software. Since then, we’ve added more capabilities that help us address more…

Alberta fuels increase in crude oil delivery to Canadian pipelines

Natural gas pipelines received 551.6 million gigajoules, down 3.1% from the same month in 2017

Alberta fuels increase in crude oil delivery to Canadian pipelinesPipelines in Canada received 21.9 million cubic metres of crude oil and equivalent products from fields and plants in November, up 2.4 per cent compared with the same month in 2017, says Statistics Canada. The vast majority of these receipts (87.8 per cent) originated in Alberta, added the federal agency on Thursday. “In November, closing…

Oil and gas the backbone of the Canadian economy

Oil and gas contributed some $117 billion to Canada’s GDP last year, six times the economic contribution of the Ontario auto industry

Oil and gas the backbone of the Canadian economyWhat was Canada’s biggest business news story of 2018? According to the pundits at The Canadian Press, it wasn’t the giveaway of Canadian oil to Americans for tens of billions of dollars below world prices, caused by a lack of pipelines from Alberta. It wasn’t the loss of tens of billions more in oil and…

New coalition seeks to create a compelling LNG narrative for Canada

The group is hosting a session on Jan. 15 in Calgary to gauge interest. So far, nearly two dozen organizations plan to attend

New coalition seeks to create a compelling LNG narrative for CanadaCanada's oil and gas industry long ago lost control over the narratives that shaped the worldview of its oil sands sector. Sadly, that perspective includes much of Canada. The sector is constantly reacting to competing narratives expertly controlled by outside forces much more proficient at storytelling than we’ve been. As a result, Canada's global reputation as…

Putting engineers and their innovative ideas to work

Max Chernetsov of SEEDA Inc. talks about how this problem-solving profession prepares for the next growth economy

Putting engineers and their innovative ideas to workMax Chernetsov is president of SEEDA Inc. What’s SEEDA and what does it do? Chernetsov: SEEDA is an association of unemployed or underemployed engineering and environmental professionals with Canadian and international experience wanting to contribute to the Canadian economy with innovative ideas. We offer qualified professionals to work on specific problems identified by our clients…

New Brunswick’s ban on fracking must be overturned

Investment makes workers more productive, creates better jobs and drives income growth. Fracking offers a simple, safe solution

New Brunswick’s ban on fracking must be overturnedBy Matthew Lau and Marco Navarro-Genie Atlantic Institute for Market Studies The new government in New Brunswick faces no shortage of challenges. One of the most important to address is the dearth of business investment in the region. Hydraulic fracturing offers a solution. On a per capita basis in 2017, investment in non-residential structures, machinery,…

Is the ‘shale revolution‘ already winding down?

The efficiencies of shale exploitation technology may be sowing the seeds of a rapid decline

Is the ‘shale revolution‘ already winding down?Calgary’s Business and Troy Media are pleased to welcome Brad Hayes to our roster of contributors. Brad is president of Petrel Robertson Consulting Ltd., a geoscience consulting firm addressing technical and strategic issues around conventional and unconventional hydrocarbon exploration and development. He earned a PhD in geology from the University of Alberta, and a BSc…

Bad public policy chokes out economic growth

Nova Scotia's continued ban on fracking isn't supported by evidence. And it has severely curtailed spending and job creation

Bad public policy chokes out economic growthWith an estimated 1.6-plus-trillion cubic feet of natural gas under foot, Nova Scotian policy-makers are choking out economic growth potential with bad public policy. Their hasty decisions regarding the not-so-new technology of hydraulic fracturing (or fracking, which has been around since the 1950s) were justified by claiming to have been based on incomplete, unavailable or…