BLOOMBERG, JANUARY 24, 2021 With the Keystone XL pipeline cancelled, Alberta doesn’t have any promising avenues for exporting more oil. Time to trace a post-oil future. By Julian Lee for Bloomberg – If Canadians were hoping for better times with a new man in charge to their south, they were quickly disappointed in at least one respect. One of President Joe …
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Biden’s ‘Insult’ Sees Alberta Leader Urging Trade Retaliation
BLOOMBERG, JANUARY 21, 2021 By Alan Levin and Keith Laing for Bloomberg – The leader of Canada’s oil heartland called President Joe Biden’s decision to cancel the Keystone XL pipeline project an “insult” and urged Prime Minister Justin Trudeau to consider retaliation. “This is a gut punch to the Alberta and Canadian economies,” Alberta Premier Jason Kenney said in a press conference Wednesday. …
Read More »US to rejoin Paris climate accord, impose curbs its oil industry
REUTERS, JANUARY 20, 2021 “We got off track very severely for the last four years with a climate denier in the Oval Office,” said John Podesta, an adviser to former President Barack Obama WASHINGTON (Reuters) – U.S. President Joe Biden will announce America’s return to the international Paris Agreement to fight climate change on Wednesday, the centerpiece of a raft …
Read More »Keystone XL May Be Sold for Scrap If Biden Moves to Kill It
BLOOMBERG, JANUARY 18, 2021 By Robert Tuttle and Kait Bolongaro for Bloomberg – The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some funds. “If the project ends, there would be assets that could be sold, such as enormous quantities of pipe,” Alberta …
Read More »Pivot from Oil: Norway looks to deep-sea mining of minerals
REUTERS, JANUARY 12, 2021 OSLO (Reuters) – Norway’s oil and gas reserves have made it one of the world’s wealthiest countries but its dreams for deep-sea discovery now centre on something different. This time, Oslo is looking for a leading role in mining copper, zinc and other metals found on the seabed and in hot demand in green technologies. Norway …
Read More »Pakistan’s 212 million people in a countrywide blackout.
PortandTerminal.com, January 9, 2021 Millions have been left without electricity across Pakistan after the national power grid was disrupted for unknown reasons. KARACHI – A breakdown in Pakistan’s national power grid plunged the country and its 212 million people into darkness on Saturday night, officials said. “A countrywide blackout has been caused by a sudden plunge in the frequency in …
Read More »Amazon Just Bought A Bunch Of Planes For The First Time Ever
BLOOMBERG, JANUARY 5, 2021 Amazon will buy 11 767-300 planes from Delta, WestJet | Amazon expects fleet to have more than 85 jets by end of 2022 By Matt Day for Bloomberg – Amazon.com Inc. is buying 11 used Boeing 767-300 planes, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing air cargo operation. The …
Read More »Jihadist attacks force Total to evacuate staff from massive LNG project in Africa
BLOOMBERG, JANUARY 1, 2020 Islamic State-linked fighters attacked a nearby town this week | Total’s project is Africa’s biggest private investment yet By Matthew Hill and Francois De Beaupuy – Total SE asked some staff to vacate its $20 billion Mozambique liquefied natural gas project as Islamist militants are staging attacks increasingly closer to the site. Fighters linked to Islamic State raided a town …
Read More »Massive wind storm supplies half of Britain’s electricity
PortandTerminal.com, December 29, 2020 LONDON – The Guardian newspaper is reporting that more than half of Great Britain’s daily electricity came from wind turbines for the first time on Boxing Day (December 26). Storm Bella blasted its way into the UK bringing with it strong winds of over 100mph. Parts of the UK experienced flooding, downed trees, power outages and …
Read More »What It’s Like Living Next to a Belt and Road Project
BLOOMBERG, DECEMBER 21, 2020 The real-life environmental and social impact of China’s infrastructure initiative shouldn’t be overlooked Bloomberg News – A lot has been written about China’s multibillion-dollar Belt and Road Initiative. Economists have debated the debt dynamics. Political scientists have analyzed how it fits into the rising power’s geopolitical strategy. And climate experts have decried the emissions China is …
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