Energy risk in all shapes, all sizes
Geopolitics may be bullish or bearish. But it will almost certainly bring volatility to the oil market
The beverage options in Calgary restaurants just narrowed. On 6 February, Alberta's premier Rachel Notley announced that her province was now banning imports of wine from British Columbia (BC). It is the first shot in a budding trade war between the neighbouring provinces. BC is blocking the expansion of a pipeline from the oil sands to the Pacific Coast. Notley now says that unless BC lifts its objections, Alberta might stop trading electricity across the border. For Alberta, the BC foot-dragging over Kinder Morgan's C$7.4bn ($5.8bn) plan to almost treble capacity of the Trans Mountain pipeline, to 890,000 barrels a day, is serious stuff. Evacuation capacity from the oil sands will be insuf
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De la Rey Venter, CEO of LNG player MidOcean Energy, discusses strategy, project developments and the prospects for the LNG market
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From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
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By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
