Guest column: How German Greens put Ukraine at risk, and now threaten Europeans with freezing in the dark
By Jim Warren Excessive zeal on the part of Germany’s utopian environmentalists over the past few decades has wound up encouraging Putin’s invasion of Ukraine and threatens an energy crisis in Europe. The real life consequences of dogmatic climate activism and the mad...
EXPLAINER: What does a US ban on Russian oil accomplish?
NEW YORK (AP) — With Russia intensifying its war on Ukraine, killing civilians and triggering a mass refugee crisis, President Joe Biden on Tuesday announced a U.S. ban on imported Russian oil. Critics of Russia have said that sanctioning its energy exports would be the best — perhaps only — way to force Moscow to pull back.
A full embargo would be most effective if it included European allies, which are also desperate to stop the violence in Ukraine and the danger Moscow poses to the continent. Yet it’s far from clear that all of Europe would take part in an embargo, though Britain announced Tuesday that it would phase out Russian oil imports by year’s end.
Unlike the United States, Europe is deeply reliant on energy it imports from Russia, the world’s second-largest crude oil exporter behind Saudi Arabia. While the U.S. could replace the relatively small amount of fuel it receives from Moscow, Europe could not, at least not anytime soon.
US banning Russian oil imports as Biden warns of ‘costs’
By Zeke Miller, Mike Balsamo And Josh Boak in Washington WASHINGTON (AP) — President Joe Biden announced Tuesday the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, but he acknowledged...
Indigenous groups still aim to buy Trans Mountain pipeline, even as costs soar
By Amanda Stephenson in Calgary Indigenous-led groups remain committed to pursuing ownership of the Trans Mountain pipeline, even as cost overruns for the pipeline expansion project soar. Last month, the federal Crown corporation that owns the pipeline revealed...
Vermilion Energy reports $344.6M Q4 profit, announces quarterly dividend
CALGARY - Vermilion Energy Inc. reported a fourth-quarter profit of $344.6 million compared with a loss of $57.7 million a year earlier, helped by higher oil and natural gas prices. The energy company, which suspended its dividend at the start of the COVID-19...
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Brian Zinchuk: Shell was interested in the big plays. Now its reaping what it had sown in Russia
Back in 2009 or 10, I attended a small oil conference in Regina that had run for a few years. While there, I met with a guy who worked with Shell. It was probably the only time I ever ran into a Shell representative. This was at a time when the Bakken boom was...
Crescent Point is more interested in returns for investors and Alberta’s Duvernay these days, as opposed to aggressive drilling in Saskatchewan
CALGARY – Despite oil prices at their highest levels in a decade, and calls from politicians and the public for Canadian and American oil producers to ramp up production to displace Russian oil from the market, Crescent Point Energy Corp. is focusing on returns to...
Brent crude up $10, shares sink as Ukraine conflict deepens
By Yuri Kageyama in Tokyo TOKYO (AP) — The price of oil jumped more than $10 a barrel and shares were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent crude oil surged over $10 early...
Blinken: US, allies discuss Russia oil imports
WASHINGTON — U.S. Secretary of State Antony Blinken says the United States and its allies are having a “very active discussion” about banning the import of Russian oil and natural gas in the latest escalation of their sanctions in retaliation for its invasion of...
Quick Dick McDick: Ring those phones
Real simple: Ring those phones. 306-347-2022 Or go to Telemiracle.com.
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Newfoundland and Labrador to wait another 40 days for federal decision on proposed offshore oil project
ST JOHN'S - Newfoundland and Labrador will have to wait another 40 days for a federal decision on the fate of a proposed offshore oil project led by Norwegian oil giant Equinor. Ottawa said Friday in a news release that federal Environment Minister Steven...
Gas prices top $2 per litre as Russian invasion sends crude oil surging
By Christopher Reynolds in Montreal The price of gasoline has topped $2 a litre in British Columbia as Canadians continue to see eye-popping numbers at the pump this week, spurred upward by Russia's invasion of Ukraine. The retail price of gas across the...
Even Elon Musk is calling for immediately ramping up oil and gas production due to Russian war on Ukraine
Facing the reality of a war where the aggressor, Russia, produces more than 10 million barrels of oil per day (10 per cent of global production) and 40 per cent of Europe's natural gas, Elon Musk himself has said we need to ramp up petroleum production. In a series of...
Environment Minister Guilbeault says Canadian oil won’t make a difference in Ukraine conflict, CAOEC begs to differ
Canada’s Environments and Climate Change Minister Steven Guilbeault doesn’t think Canadian oil could replace Russian oil in global energy markets, according to a story by the National Observer’s Local Journalism Initiative reporter Natasha Bulowski on March 2. The CAOEC begs to differ
Oil driller invests in carbon-capture pipeline for Midwest
By James Macpherson in Bismarck BISMARCK, N.D. (AP) — North Dakota’s biggest oil driller said Wednesday it will commit $250 million to help fund a proposed pipeline that would gather carbon dioxide produced by ethanol plants across the Midwest and pump it thousands of...
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Pelosi supports halting Russian oil imports to US: ‘Ban it’
WASHINGTON (AP) — Amid the escalating war in Ukraine, House Speaker Nancy Pelosi said Thursday she supports banning Russian oil imports to the U.S., a hefty nod that could strengthen President Joe Biden’s hand as global allies seek to isolate Russian President Vladimir Putin’s regime.
Canadian Natural Resources reports Q4 profit up, raises quarterly dividend
Canadian Natural Resources Ltd. raised its quarterly dividend by 28 per cent Thursday, as it reported surging fourth-quarter profits against the backdrop of a commodity boom.
Ukraine war upends Biden’s agenda on energy, climate change
WASHINGTON (AP) — As Russian troops move deeper into Ukraine, President Joe Biden is taking steps to rein in rising energy costs even if those moves run counter to his agenda for addressing climate change.
Biden announced on Tuesday that he is releasing 30 million barrels of oil from U.S. strategic reserves as part of a 31-nation effort to help ensure that supplies will not fall short after Russia’s invasion of its European neighbor. The release follows ones ordered in November that also were coordinated with U.S. allies.
Energy security issues come to forefront for oil and gas sector amid war in Ukraine
The war in Ukraine is being used as a case study by those on either side of the debate over fossil fuel production in Canada. Russia's invasion of a sovereign European nation has had wide-ranging energy implications, and is now being used as ammunition...
Higher oil prices push Sri Lanka into deeper economic crisis
COLOMBO, Sri Lanka (AP) — Sri Lanka’s already dire economic crisis has deepened as oil prices hover near $110 a barrel. Vehicles are stranded with empty tanks, power cuts are depriving students of study time for exams and shopping mall air conditioners are being...
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Brian Zinchuk on Gormley: Ukraine and how Canadian energy could make a difference for Europe
On Wednesday, Mar. 2, Pipeline Online editor and owner Brian Zinchuk was a guest on CJME/CKOM’s John Gormley Live, part of a new regular monthly segment during the 10 o’clock hour, the first Wednesday of the month.
This month’s topic is the Russian invasion of Ukraine and the implications for global energy markets and the energy sector her in Saskatchewan.
SaskPower announces $2 million for approximately 20 electric vehicle fast-charging stations
REGINA – SaskPower is announced a program promoting the installation of approximately 20 electric vehicle fast-charging stations across the province. The number of actual chargers will vary per location, but will likely average around two per site. The...
Steam-Est Industries is joining the fight against colon cancer
Steam-Est Industries of Estevan is launching a campaign to fight colon cancer. Owner Keith Cassidy relates a heartfelt message about how his wife, Becky, has fought that battle.
#checkyourinsides
Brian Crossman: Slava’s thoughts on war, as a Soviet conscript soldier
It is heart-breaking to watch people losing their homes, jobs and lives because a Russian leader has a world domination complex. All this has brought back a very interesting, albeit sad experience from 27 years ago. This has made me think of one person in particular, whose story is relevant today.
Sask NDP plan leadership race for late June. Nomination rules limit the number of straight men who can be signatories, requiring half of signatories to be women or gender diverse
REGINA—Following the resignation of Ryan Meili as leader, the Saskatchewan New Democrats set the rules and timing for a leadership contest at Provincial Council this Saturday. The new leader will be elected at a leadership convention in Regina in late June, 2022, according to a press release on Feb. 28. The registration process has its own affirmative action angle with regards to gender, specifically limiting how many men can be signatories to the nomination.