OTTAWA – Prime Minister Justin Trudeau was in talks over the weekend with federal cabinet ministers as protesters opposed to a pipeline project in British Columbia continued to halt train service across parts of the country. Trudeau’s spokeswoman Chantal Gagnon says the prime minister has already spoken to Deputy Prime Minister Chrystia Freeland, Transport Minister [Read more]
Source: BOE Report
The IEA slashed its demand forecast for the first quarter of 2020, predicting that global oil consumption will contract for the first time in over a decade. In its first publication on the oil market since the outbreak began, the International Energy Agency (IEA) dramatically revised its oil demand forecast, predicting consumption will actually contract by 435,000 bpd, the first ...
Ultimately, energy independence is an illusion in the era of globalization because the hyper connectedness of the market makes it impossible. Still, it’s a never-ending battle cry that ends up being an argument of semantics, the outcome of which depends on how you define “independence”. America's ongoing oil and shale boom has reignited the debate about something that the ...
SMITHERS, B.C. – Opponents of a pipeline who support the Wet’suwet’en hereditary chiefs say they have returned to camps along a road leading to a work site outside Houston, B.C. Jen Wickham, a member of the First Nation’s Gidimt’en clan, says they went back to the camps where 28 people were arrested when the RCMP [Read more]
Source: BOE Report
After a Jekyll and Hyde year in 2019, and a decade characterised by China’s disruption of the met coal trade, participants can be forgiven for being sick of change. But research firm Wood Mackenzie believes a shift toward consistency and stability is probably too much to ask for in 2020 as China continues to play powerbroker over the seaborne market ...