Lithium in SK, Part 6: Direct Lithium Extraction is the multi-billion dollar question

Lithium in SK, Part 6: Direct Lithium Extraction is the multi-billion dollar question

Back in 1903, someone was going to invent the airplane.
People were working on it in New Zealand, Brazil, France, Germany and America. It just happened to be that two brothers who had a bicycle shop in Dayton, Ohio, travelled to Kitty Hawk, North Carolina, and took off with the first airplane, the Wright Flyer.
But if they had not succeeded, one of the others almost certainly would have. It might have been 1904, or 1905, but powered flight was inevitable.
And that’s currently what’s happening in the world of lithium development from sedimentary brines.

Ken From: The “energy transition” is discussed without much thought. This recently retired CEO of SaskEnergy thinks about it a lot

Ken From: The “energy transition” is discussed without much thought. This recently retired CEO of SaskEnergy thinks about it a lot

Ken From recently retired as SaskEnergy president and CEO. In his introductory column on Pipeline Online, he writes, “We have thrown out the phrase “energy transition” almost automatically and without much thought in the past year. By definition the word “transition” means to go from one state to another clearly defined state. That simple phrase and the way it is portrayed at large, I would argue, causes confusion as it implies the pathway to success has been picked – electrify everything – as opposed to continue to de-carbonize our energy systems.
“I would suggest that a more accurate depiction of our global goals would be the continued evolution of energy systems such that we develop multiple pathways to reduce emissions, taking into account sectoral differences such as transportation, buildings and heavy industry.”

David Yager: Canada increases domestic energy costs while co-operating to reduce prices globally

David Yager: Canada increases domestic energy costs while co-operating to reduce prices globally

If you’re confused by 21st century energy geopolitics, it’s not your fault. 
The Russia/Ukraine war, EU’s economic crisis, global energy prices, rising inflation and interest rates, and the G7/EU price cap on Russian oil exports announced December 5 have created daunting challenges for international politics and diplomacy. 
The most recent solution is one whereby G7 member Canada has helped make oil cheaper for the world without relaxing existing commitments to increase Canadian energy costs through carbon taxes, emissions caps, and the Clean Fuel Regulations.  

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Canada considering if critical mineral exports to China should be limited: Wilkinson

Canada considering if critical mineral exports to China should be limited: Wilkinson

Natural Resources Minister Jonathan Wilkinson said the new critical minerals strategy published Friday doesn’t specifically bar Canadian mines from exporting critical minerals and metals to countries like China. 
Nor will it prevent companies from taking advantage of any of the $3.8 billion in promised investments if they intend to ship the metals produced to non-democratic countries. 
But Wilkinson said the federal government is looking at whether new policies are needed to limit where Canadian critical minerals can be exported.

China’s Xi vows to buy more Mideast oil as US focus wanes

China’s Xi vows to buy more Mideast oil as US focus wanes

DUBAI, United Arab Emirates (AP) — Chinese leader Xi Jinping vowed on Friday to import more oil and natural gas from energy-rich Gulf Arab states while not interfering in their affairs, likely seeking to cast Beijing in a more favorable light than Washington as America’s attention in the region wanes.
Xi also urged the Arab countries to conduct energy sales in the Chinese yuan, potentially divorcing the U.S. dollar from transactions in a region where the United States still stations thousands of troops across a network of local bases as a hedge against Iran.

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UPDATED: TC Energy shuts down Keystone pipeline system after leak in Kansas

TC Energy shuts down Keystone pipeline system after leak in Kansas

The size and scope of the oil spill caused by the Keystone pipeline Wednesday remains unknown, but analysts say Canadian crude could suffer a significant price impact if the pipeline is shut down for more than a few days.
Pipeline operator TC Energy Corp. said Wednesday evening that it had mobilized people and equipment in response to a confirmed release of oil into a creek in Washington County, Kan., about 32 kilometres south of Steele City, Neb.
The system remained shut down Thursday morning, as crews respond and work to contain and recover the oil that was spilled.

US to boost natural gas exports to UK in energy partnership

US to boost natural gas exports to UK in energy partnership

WASHINGTON (AP) — The United States will increase exports of liquefied natural gas to Britain under a new agreement calling for the two countries to work together to boost energy security and drive down prices following Russia’s invasion of Ukraine.

President Joe Biden and British Prime Minister Rishi Sunak announced the agreement Wednesday as part of a larger effort to reduce global dependence on Russian energy exports, stabilize Western energy markets and step up collaboration on energy efficiency, nuclear power and renewables. The U.K.-U.S. Energy Security and Affordability Partnership will be steered by a new group led by senior British and White House officials.

Op-Ed: TC Energy CEO François Poirier publishes statement on solving the global energy crisis

Op-Ed: TC Energy CEO François Poirier publishes statement on solving the global energy crisis

First, sustainable energy policy must focus on addition rather than subtraction.
A small but vocal class of policymakers and interest groups demand we use regulation to rapidly choke the supply of natural gas to coerce the development of lower emitting alternatives. This concept ignores the real-world consequences.
Traditional energy sources are critical to keeping pace with increasing demand. Even using the most optimistic estimates for the growth of renewable energy, blocking the development of traditional energy projects will lead to disruptive energy shortages and soaring costs across North America.

All war risk is gone from oil markets as prices are at lowest level in nearly a year for WTI, and nearly 2 years for WCS.

All war risk is gone from oil markets as prices are at lowest level in nearly a year for WTI, and nearly 2 years for WCS.

If you haven’t been paying attention to oil markets, now might be the time, as significant benchmarks have hit their lowest point in nearly year for WTI, and nearly two years for WCS.
These numbers also mean that all geopolitical risk from the Ukraine war have been eliminated from the market, despite the war being nowhere close to over, and Russia under significant sanctions for oil and gas export.

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Trudeau, Ford mark opening of Canada’s first full-scale electric vehicle plant

Trudeau, Ford mark opening of Canada’s first full-scale electric vehicle plant

INGERSOLL, ON. – Canada’s first full-scale electric vehicle manufacturing plant officially opened in southern Ontario on Monday, with the prime minister and the province’s premier saying the launch of the facility marked a national milestone. 

Prime Minister Justin Trudeau said electric delivery vans started rolling off the line earlier in the day at the General Motors CAMI production plant in Ingersoll, Ont., that was retooled to build the company’s BrightDrop all-electric vehicles. 

Trudeau, Ford mark opening of Canada’s first full-scale electric vehicle plant

Canada ‘watching closely’ as Biden pressed to fix Inflation Reduction Act ‘glitches’

Prime Minister Justin Trudeau said Monday that Canada will be “watching closely” as the United States responds to complaints from Europe about the North American protectionism built into President Joe Biden’s signature climate change initiative.
Biden received an earful from French President Emmanuel Macron about “super aggressive” climate incentives in the Inflation Reduction Act — incentives that favour manufacturers in Canada and Mexico, as well as the U.S.

Saskatchewan Revenue Agency Act introduced, meaning two tax filings for business

Saskatchewan Revenue Agency Act introduced, meaning two tax filings for business

As a business owner, do you prefer dealing with one tax agency, or two? Because you are soon likely to find out.

As part of its push to establish more autonomy from the federal government, on Dec. 5 the Government of Saskatchewan introduced Bill-122, The Saskatchewan Revenue Agency Act. It is aimed at establishing a new agency to pursue greater autonomy in tax collection.

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Outgoing CEO Al Monaco says Enbridge ‘poster child’ for an orderly energy transition

Outgoing CEO Al Monaco says Enbridge ‘poster child’ for an orderly energy transition

Monaco calls Northern Gateway “the best project that we couldn’t do.” But he says Canada’s energy sector emerged from that battle, and those related to other cancelled projects such as TC Energy’s Energy East and Keystone XL, stronger and wiser.
“Things became very polarized in that time frame, and I think it was a real wake-up call for the industry in general,” he said. 

No OPEC+ oil shakeup as Russian price cap stirs uncertainty

No OPEC+ oil shakeup as Russian price cap stirs uncertainty

FRANKFURT, Germany (AP) — The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about the impact of new Western sanctions against Russia that could take significant amounts of oil off the market.

The decision at a meeting of oil ministers Sunday comes a day ahead of the planned start of two measures aimed at hitting Russia’s oil earnings in response to its invasion of Ukraine. Those are: a European Union boycott of most Russian oil and a price cap of $60 per barrel on Russian exports imposed by the EU and the Group of Seven democracies.