Reading Time: 3 minutes The collapse in oil demand and prices spurred the fastest rate of oil- and chemical-industry layoffs in history
Tag: Saskatchewan economy
Trudeau delivers another blow to energy, mining sectors
Reading Time: 3 minutes Plan requiring projects to describe how they will achieve net-zero emissions may not even be feasible
How oil and gas fuels the nation’s economy
Reading Time: 4 minutes The importance of oil and gas extraction to Canada’s GDP, jobs, incomes or tax revenues can’t be understated
More dark days on the horizon for oil industry
Reading Time: 3 minutes To plug the growing fiscal gap, the governments of Arabian Gulf oil-producing countries are taking dramatic action
Energy industry carving out a new face
Reading Time: 3 minutes The emergence of cost-effective electric vehicles would significantly dent global crude oil consumption
As COVID-19 cases rise again, oil forecasts fall
Reading Time: 3 minutes The world is past the era of growing crude oil demand and it may never recover to pre-pandemic levels
Energy forecasters see doom and gloom on horizon
Reading Time: 3 minutes August marked the first time during the lockdown recovery period that global supply growth surpassed demand growth
Oil demand faces long, slow climb out of doldrums
Reading Time: 3 minutes Despite some oil industry analysts and observers looking at the glass as half full, there still seems to be ample reasons for gloom
Will petrochemicals be the last gasp for big oil?
Reading Time: 3 minutes The pandemic has caused some major producers to pause and defer investments in the petrochemical sector
Oil industry facing (c)rude awakening
Reading Time: 3 minutes The game is up: Oil and gas companies can no longer mask their financial frailty