CAPP lobby group names Lisa Baiton as new president and CEO
CALGARY — The Canadian Association of Petroleum Producers has named Lisa Baiton as its new president and CEO.
Baiton replaces outgoing president and CEO Tim McMillan, who has led the oil and gas lobby group for the last eight years.
Rex Murphy, Quick Dick McDick and Rafi Tahmazian highlight Saskatchewan Oil and Gas Show
WEYBURN – When he spoke at the 2019 Saskatchewan Oil and Gas Show in Weyburn, the usually noisy room was silent, rapt with attention. Now Rex Murphy will be speaking again in just a few weeks time, at this year’s edition of the oil show.
Murphy will close out the show with the last luncheon, speaking at 12:30 on Thursday, June 2.
US decides to limit leasing in Alaska petroleum reserve
JUNEAU, Alaska (AP) — The U.S. Interior Department has issued a decision to limit roughly half the National Petroleum Reserve-Alaska to oil and gas leasing, rolling back a Trump-era policy criticized by conservationists that would have vastly expanded lands available for potential development.
The plan would prevent oil and gas development in areas considered important for sensitive bird populations and the Teshekpuk and Western Arctic caribou herds, the decision dated Monday states.
World Bank forecasts elevated commodity prices to remain through end of 2024
WASHINGTON — The World Bank says commodity prices that reached historically elevated levels because of the war in Ukraine will remain high through the end of 2024.
The agency’s commodity markets outlook report released Tuesday says energy prices, food and fertilizer have sustained the largest commodity shock since the 1970s.
Keystone Royalty Part 5: Dealing with the ESG movement as it tries to choke off investment in oil and gas
Pipeline Online has heard a narrative that goes something like this: despite high oil prices, many oil companies are not spending a lot on drilling. They are paying off debt as quickly as possible so that when they do want to do more drilling, they can do it out of free cash flow. This is because the ESG (environmental, social and governance) movement has so choked off capital, it’s been hard to get money from either banks or investors.
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