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The Global Water Crisis Could Crush The Energy Industry
The Global Water Crisis Could Crush The Energy Industry Water is growing more scarce due to climate change. Water scarcity could derail the green energy boom, and even hinder fossil fuel production. With rising concerns over water scarcity, mainly due to climate change, there are fears that the big transition to renewable energy will be […]
Global Food Prices Set To Soar As The Oil And Gas Crunch Continues
Global Food Prices Set To Soar As The Oil And Gas Crunch Continues Oil and gas prices have risen dramatically this year as a result of underinvestment and recovering demand. Higher fuel prices are weighing on global food supply chains, with transportation and farming costs continuing to climb. The hardest hit will, once again, be […]
America’s Infrastructure Crisis Is Growing Increasingly Dire
America’s Infrastructure Crisis Is Growing Increasingly Dire Despite promises of improved infrastructure and better disaster preparedness, governments and energy giants are failing to provide backup energy provisions to areas hit hard by extreme weather conditions again and again. As these events are becoming more frequent and stronger, how will the energy industry prepare for the […]
Renewables Need Big Oil To Thrive
Renewables Need Big Oil To Thrive We need the expertise, experience, and financial backing of Big Oil to drive wind energy forward in the U.S., following years of strong investments from oil firms across the country kickstarting the industry. As activists and international agencies continue to criticize Big Oil for its role in climate change and […]
The Unmistakable Impact Of The IEA’s ‘Fantasy’ Report
The Unmistakable Impact Of The IEA’s ‘Fantasy’ Report In an effort to adapt to Trudeau’s recent green policies and owing to pressure from the International Energy Agency (IEA), Canadian oil sand producers have formed an alliance to achieve net-zero emissions by 2050. This would see a huge shift from current practices as, at present, oil sands […]
The Real Crisis For Oil Is Yet To Come
The Real Crisis For Oil Is Yet To Come Italian energy major, Eni, described 2020 as a “year of war”, regarding the energy crisis experienced in the face of a global pandemic. But it may be too soon to see the issues faced last year as a thing of the past. Eni is committing to lower the […]
Merger Mania Is Transforming Canada’s Oil Scene
Merger Mania Is Transforming Canada’s Oil Scene Canada’s oil landscape looks encouraging for 2021 as Whitecap Resources Inc. acquires two oil and gas companies in addition to mergers between other energy companies, with anticipated growth through the coming year as demand for energy steadily increases. In November, Whitecap Resources announced a plan to acquire rival company […]
Can India Break Its Oil Addiction?
Can India Break Its Oil Addiction? India is one of the world’s largest oil consumers, accounting for around 4 percent of global consumption. Only the U.S. and China outrank India in this regard, making it a key player in the oil market. While India’s oil consumption has seen remarkable growth in the past few years, […]
