Transborder Energy. in North America

Size: px
Start display at page:

Download "Transborder Energy. in North America"

Transcription

1

2 Transborder Energy in North America

3 AGENDA NACTS Global perspective North American perspective Key Stone Renewable Energy

4 NACTS NACTS is a consortium of US, Canadian and Mexican universities We promote cooperation: Security Competitiveness Awareness Sustainability We work for CSG State Alliance on Human Trafficking, Waste Tires, Renewable Energy

5 ATTRIBUTION Grants from Canadian DFAIT to Professor Martin Pasqualetti and myself Grant from Government of Quebec Grant from U.S AID Mexico Mission through Council of State Governments Grant from U.S. EPA to SCERP

6 Humanity s Top 10 Problems for the 1. Energy 2. Water 3. Food 4. Environment 5. Poverty 6. Terrorism and War 7. Disease 8. Education 9. Democracy 10. Population Next 50 Years Source: Nobel laureate, Richard Smalley

7

8

9 Canadian Oil Production Conventional, Oil Sands and Offshore Greg Stringham, Canadian Oil and Natural Gas Overview and Outlook, Canadian Association of Petroleum Producers, June 2006.

10 US Energy Needs Continue to Grow

11 Trend in U.S. Oil Imports en.wikipedia.org/wiki/foreign_oil

12 Source: World Resources Institute: "Thinking long term: U.S. oil security and the Arctic National Wildlife Refuge.

13 Decline in Mexico Oil Production

14 U.S. Dependency on Foreign Oil

15 Soheil Asgarpour, Alberta Department of Energy, Opportunities and Challenges of Oil Sands Development, presented September 9, 2004, Ft. McMurray Conference.

16 Counting on the Oil Sands

17 Oil Sands are Creating Jobs Across Canada Greg Stringham, Canadian Oil and Natural Gas Overview and Outlook, Canadian Association of Petroleum Producers, June 2006.

18 Future Water Demands for In Situ Oil Sands Production in Alberta Source: The Pembina Institute..

19 Greenhouse Gas Emissions x2 The oil sands are the single largest factor in the growth in emissions. Even in the best-case scenario, emissions will double by 2015 in the oil sands industry The Washington Post, Photo by Melinda Mara

20 Soheil Asgarpour, Alberta Department of Energy, Opportunities and Challenges of Oil Sands Development, presented September 9, 2004, Ft. McMurray Conference.

21 Sulfur Blocks

22 Natural Gas Development for Oil Sands Production

23 Market Potential Soheil Asgarpour, Alberta Department of Energy, Opportunities and Challenges of Oil Sands Development, presented September 9, 2004, Ft. McMurray Conference.

24 NAFTA NAFTA has special energy provisions that respect Mexican nationalized oil NAFTA has no proportionality rule for Canadian oil only equal access which by proximity means U.S. is free to import as much as it wants

25 WHERE ARE WE? North American Energy Working Group Security and Prosperity Partnership Bilateral Clean Energy and Climate Change Science and Technology Agreement North American Carbon Project (US-MX) Presidents Task Force

26 PEAK OIL? Debatable End of cheap, easy, accessible oil Could we drill our way to more? Friendly oil Peak cheap oil?

27 KEYSTONE Bb of oil worth $15T being mined at rate of 1.5Mb/d Half can be moved south through a 2,000- mile long $7B pipeline to Texas refineries and made available to world market Would create between 6000 and 20,000 jobs May demand natural gas from Alaska

28 KEYSTONE 2 Relatively small additional GHG component offset by C$15/t charge and sequestration Leaks in current pipelines (more corrosive?) raise risk to Great Lakes and Ogallala aquifer if issues of pressure, thickness and inspections are not resolved First Nation concerns(water)

29 KEYSTONE 3 Department of State Presidential Permit Insider negotiations Outsourcing the environment Interdependence, enabler, mass exporter, conservation killer Role and power of states

30 LAND SEIZURE Voluntary purchase or Condemnation for Eminent Domain in the Public Good Appropriate now before the permit? 56 cases already TransCanada or U.S. Keystone Pipeline State right or court jurisdiction

31 Billion Gallons Earth Policy Institute - NEED? 160 U.S. Motor Gasoline Consumption, , with Projection for Source: EPI from EIA

32 CHINA Northern Gateway pipeline Sinopec bought Daylight (which owns 320K acres of Canada) for $2.1B cash Consistent violator of WTO subsidy rules for rare earths and renewable energy Control of the sealanes NAFT is both fair and tariff-free

33 BIG PICTURE US-MX relations Merida and Beyond Four Pillars Strong Resilient Communities USAID and State Alliance Border Research Partnership

34 RE IS Regional Security Jobs and Economic Development Quality of Life Environmental Quality Climate Change Mitigation

35 RE IS Resilience (Richness and Resistance) Community driven State-level controlled Pillar Relationship building (Plan Nord and US)

36 NAGES North American Greenhouse Gas Exchange Strategy Undeniable U.S. thirst for oil paid for and met by Canadian oil sands (for additional GHG increment as a security premium ) (sequestration as enhanced oil recovery) who buy offsetting credits from Mexico who modernizes PEMEX, builds mass transit, efficiencies, and renewable energy projects

37 CONTACT INFO

38 Why and how develop and exchange renewable energy across the border Fall 2011 Rick Van Schoik Director, NACTS

Keystone XL oil pipeline: What you need to know about the dispute - LA...

Keystone XL oil pipeline: What you need to know about the dispute - LA... 1 of 6 3/30/2015 9:45 AM Keystone XL oil pipeline: What you need to know about the dispute By KURTIS LEE MARCH 6, 2015, 11:44 PM ne of the biggest environmental controversies of the Obama administration

More information

Expanding Market Access for Alberta s Oil Resources

Expanding Market Access for Alberta s Oil Resources Expanding Market Access for Alberta s Oil Resources Presentation for the Crude Markets & Rail Take Away Summit Richard Masson, CEO Alberta Petroleum Marketing Commission (APMC) Agenda Alberta s Challenge

More information

The Canada-US Energy Relationship Prosperity, Security, Sustainability

The Canada-US Energy Relationship Prosperity, Security, Sustainability The Canada-US Energy Relationship Prosperity, Security, Sustainability Serge P. Dupont Deputy Minister, Natural Resources Canada Legislative Energy Horizon Institute Portland, Oregon July 20, 2011 2 Canada-US:

More information

The Oil Sands: What is Needed to Realize the Potential?

The Oil Sands: What is Needed to Realize the Potential? The Oil Sands: What is Needed to Realize the Potential? National Buyer/Seller Forum March 25-27, 2008 Edmonton, Alberta Bob Dunbar Strategy West Inc. 1 Photo Source: Syncrude Canada Limited Presentation

More information

Tar sands/ Oil sands: Pros and Cons

Tar sands/ Oil sands: Pros and Cons Tar sands/ Oil sands: Pros and Cons You might not know this, but Canada has oil reserves of 170 billion barrels, more than Iran and Nigeria combined. This fact is not widely known since much of that oil

More information

Key Priorities and Challenges for Canadian Oil

Key Priorities and Challenges for Canadian Oil Key Priorities and Challenges for Canadian Oil Canadian Heavy Oil Association April 15, 2013 Greg Stringham 1 Photo: Cenovus Enabling Responsible Development 2 Global Primary Energy Demand 20,000 18,000

More information

Canada s Oil Sands. Valve Manufacturers Association Orlando, Florida October 14 th, Martyn Griggs Manager Oil Sands, CAPP

Canada s Oil Sands. Valve Manufacturers Association Orlando, Florida October 14 th, Martyn Griggs Manager Oil Sands, CAPP Canada s Oil Sands Valve Manufacturers Association Orlando, Florida October 14 th, 2011 Martyn Griggs Manager Oil Sands, CAPP Canadian Association of Petroleum Producers Presentation Outline Global & U.S.

More information

North American Energy Integration: The Canadian Perspective. A Working Paper of the Americas Society/Council of the Americas Energy Action Group

North American Energy Integration: The Canadian Perspective. A Working Paper of the Americas Society/Council of the Americas Energy Action Group North American Energy Integration: The Canadian Perspective A Working Paper of the Americas Society/Council of the Americas Energy Action Group North American Energy Integration: The Canadian Perspective

More information

Canadian Oil Sands. Energy and Economic Security. February 21, Cindy Schild, API Senior Manager Downstream Operations

Canadian Oil Sands. Energy and Economic Security. February 21, Cindy Schild, API Senior Manager Downstream Operations Canadian Oil Sands Cindy Schild, API Senior Manager Downstream Operations February 21, 2012 Energy and Economic Security Overview Security of Supply Energy Security Economic Security Pipeline Transportation

More information

Tar sands/ Oil sands: Pros and Cons. Activity

Tar sands/ Oil sands: Pros and Cons. Activity Tar sands/ Oil sands: Pros and Cons Activity Task: You will be reading an article about the impact of tar sands on the economy, environment, and people. There are many pros and cons to tar sands and oil

More information

Alberta s Role in North American

Alberta s Role in North American Alberta s Role in North American Energy Security Honorable Iris Evans Minister of International and Intergovernmental Relations Province of Alberta September 16, 2010 U.S. Oil Supply 2009 Sources of US

More information

Canada s Oil Sands An Overview

Canada s Oil Sands An Overview Canada s Oil Sands An Overview SCIJ Conference - Lake Louise Alberta February 7, 2011 Dave Collyer President, Canadian Association of Petroleum Producers Global Primary Energy Demand Significant energy

More information

Overview of Canada s Oil Sands Industry

Overview of Canada s Oil Sands Industry Overview of Canada s Oil Sands Industry CSSE Awards Banquet May 14, 2011 Calgary, Alberta Bob Dunbar Strategy West Inc. 12-1 Photo Source: Syncrude Canada Limited Presentation Outline Industry Overview

More information

Social License for Energy Projects

Social License for Energy Projects Social License for Energy Projects Keystone Oil Pipeline an unfinished Case Study Remarks of William C. (Bill) Taylor CCRE Energy Roundtable Forward-Looking Information This presentation contains certain

More information

The Constitution of Santos is not conducive to the right of shareholders to place resolutions on the agenda of a shareholder meeting.

The Constitution of Santos is not conducive to the right of shareholders to place resolutions on the agenda of a shareholder meeting. Santos Ltd February 2017 Resolution 1 Amendment to the Constitution To amend the constitution to insert at the end of clause 25 Notice of general meetings the following new sub-clause 25(e) The company

More information

A Primer on the Canadian Oil Sands

A Primer on the Canadian Oil Sands A Primer on the Canadian Oil Sands An EPRINC Briefing Memorandum November 2010 Overview Canadian oil sands have long been recognized as one of the world s largest endowments of oil resources with over

More information

Energy. Business Plan Accountability Statement. Ministry Overview

Energy. Business Plan Accountability Statement. Ministry Overview Business Plan 2018 21 Energy Accountability Statement This business plan was prepared under my direction, taking into consideration our government s policy decisions as of March 7, 2018. original signed

More information

Energy East Pipeline. Economic Developer s Association of Canada Conference. Energy Program. September 29, 2014

Energy East Pipeline. Economic Developer s Association of Canada Conference. Energy Program. September 29, 2014 Energy East Pipeline Economic Developer s Association of Canada Conference Energy Program September 29, 2014 Forward-looking Information This presentation contains certain information that is forward looking

More information

Market Access - The Strategic Imperative Continues

Market Access - The Strategic Imperative Continues Market Access - The Strategic Imperative Continues Al Monaco, President & CEO TD Securities - Calgary Energy Conference July 9, 2014 Agenda 1. The global energy context 2. North American crude oil fundamentals

More information

Tar Sands US Infrastructure Development

Tar Sands US Infrastructure Development Plains Justice Environmental Justice for the Great Plains Tar Sands US Infrastructure Development Paul Blackburn, J.D. Staff Attorney, Plains Justice 100 First Street Southwest Cedar Rapids, IA 52404 Tel.

More information

Canada s Oil & Natural Gas. Market Access The Key to Future Growth. Enabling Responsible Development. Calgary Real Estate Forum October 29, 2013

Canada s Oil & Natural Gas. Market Access The Key to Future Growth. Enabling Responsible Development. Calgary Real Estate Forum October 29, 2013 Canada s Oil & Natural Gas Market Access The Key to Future Growth Calgary Real Estate Forum October 29, 2013 Enabling Responsible Development 2 Canadian Oil Sands Source: Cenovus Global Crude Oil Reserves

More information

Canada s Oil & Natural Gas. Market Access The Key to Future Growth. Calgary Real Estate Forum October 29, 2013

Canada s Oil & Natural Gas. Market Access The Key to Future Growth. Calgary Real Estate Forum October 29, 2013 Canada s Oil & Natural Gas Market Access The Key to Future Growth Calgary Real Estate Forum October 29, 2013 Enabling Responsible Development Energy Markets Environment Benefits 2 Canadian Oil Sands Source:

More information

Oil. SANDS Myths CLEARING THE AIR. Compiled by

Oil. SANDS Myths CLEARING THE AIR. Compiled by Compiled by Climate change 1. Alberta s greenhouse gas legislation does not require real reductions in emissions from oil sands operations. The Spin: Alberta is a leader in how we manage greenhouse gases...

More information

GLOBALLY NETWORKED CARBON MARKETS COMMON FRAME OF REFERENCE AND APPROACH FOR CLIMATE CHANGE MITIGATION VALUE

GLOBALLY NETWORKED CARBON MARKETS COMMON FRAME OF REFERENCE AND APPROACH FOR CLIMATE CHANGE MITIGATION VALUE 1 GLOBALLY NETWORKED CARBON MARKETS COMMON FRAME OF REFERENCE AND APPROACH FOR CLIMATE CHANGE MITIGATION VALUE February 2014 Wendy Hughes, World Bank 2 Outline: Looking ahead efforts to link markets will

More information

Importance of NAFTA to US and Canadian oil & gas companies

Importance of NAFTA to US and Canadian oil & gas companies Importance of NAFTA to US and Canadian oil & gas companies Enercom Energy Investment Conference Dallas, TX February 22/2018 Delon Chan Consul & Trade Comissioner Consulate General of Canada in Texas Topics

More information

Oil Sands Report Ed 1, 2011

Oil Sands Report Ed 1, 2011 Oil Sands Report Ed 1, 2011 Market Intelligence Rising oil prices have renewed interest in oil sands and extra-heavy oil projects. In the two countries with the largest proven reserves, Canada and Venezuela,

More information

COQG and CCQTA Joint Industry Meetings. Canada s Crude Oil Outlook

COQG and CCQTA Joint Industry Meetings. Canada s Crude Oil Outlook COQG and CCQTA Joint Industry Meetings Canada s Crude Oil Outlook June 24-25, 2008 Calgary, Alberta Barry Lynch Manager, Oil Markets & Pipelines Canadian Association of Petroleum Producers 140 producer

More information

Energy BUSINESS PLAN ACCOUNTABILITY STATEMENT THE MINISTRY

Energy BUSINESS PLAN ACCOUNTABILITY STATEMENT THE MINISTRY Energy BUSINESS PLAN 2006-09 ACCOUNTABILITY STATEMENT The business plan for the three years commencing April 1, 2006 was prepared under my direction in accordance with the Government Accountability Act

More information

Statement of the Institute for 21st Century Energy. U.S. Chamber of Commerce. ON: Keystone XL and the National Interest Determination

Statement of the Institute for 21st Century Energy. U.S. Chamber of Commerce. ON: Keystone XL and the National Interest Determination DATE: March 13, 2014 TO: Senate Foreign Relations Committee ON: Keystone XL and the National Interest Determination U.S. Chamber of Commerce Statement of the Institute for 21st Century Energy Keystone

More information

FREQUENTLY USED STATISTICS Economics

FREQUENTLY USED STATISTICS Economics Economics CAPP references several third party sources to measure industry s economic performance and impact on the Canadian economy, and updates the data annually. CAPITAL INVESTMENT Data is updated annually.

More information

ST98: 2017 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary.

ST98: 2017 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary. ST98: 2017 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK Executive Summary ST98 www.aer.ca Executive SummARY The Alberta Energy Regulator (AER) ensures the safe, however, will depend on the level

More information

ONEOK Partners, L.P. ONEOK Partners, L.P. (NYSE:OKS) Applied Portfolio Management. Investment Thesis. Segments Breakdown 5/5/2015

ONEOK Partners, L.P. ONEOK Partners, L.P. (NYSE:OKS) Applied Portfolio Management. Investment Thesis. Segments Breakdown 5/5/2015 ONEOK Partners, L.P. (NYSE:OKS) ONEOK Partners, L.P. Applied Portfolio Management Publicly traded partnership formed in 1993 o Headquarters: Tulsa, Oklahoma A leading transporter of natural gas and natural

More information

Syllabus: Emerging Legal and Regulatory Issues in International Oil and Gas LAWG LAWJ Professor Doron Ezickson

Syllabus: Emerging Legal and Regulatory Issues in International Oil and Gas LAWG LAWJ Professor Doron Ezickson Syllabus: Emerging Legal and Regulatory Issues in International Oil and Gas LAWG 3002 08 LAWJ 3002 08 Professor Doron Ezickson Georgetown University Law Center Fall 2016 Overview. The global oil and gas

More information

CIBC 2014 Whistler Institutional Investor Conference

CIBC 2014 Whistler Institutional Investor Conference CIBC 2014 Whistler Institutional Investor Conference Cautionary statement This presentation contains forward-looking information on future production, project start-ups and future capital spending. Actual

More information

Pipelines: Government Decision-Making

Pipelines: Government Decision-Making Pipelines: Government Decision-Making Publication No. 2012-14-E 13 September 2012 Penny Becklumb Industry, Infrastructure and Resources Division Parliamentary Information and Research Service Pipelines:

More information

The Impact of a Pan- Canadian Carbon Pricing Levy on PBO s GDP Projection. Ottawa, Canada 22 May

The Impact of a Pan- Canadian Carbon Pricing Levy on PBO s GDP Projection. Ottawa, Canada 22 May The Impact of a Pan- Canadian Carbon Pricing Levy on PBO s GDP Projection Ottawa, Canada 22 May 2018 www.pbo-dpb.gc.ca The Parliamentary Budget Officer (PBO) supports Parliament by providing analysis,

More information

LET S TALK ABOUT NORWAY

LET S TALK ABOUT NORWAY LET S TALK ABOUT NORWAY When it comes to royalties, many people have questions and opinions about Norway s approach. Comparing an offshore drilling project off the U.S. Gulf Coast, the United Kingdom,

More information

ALBERTA OIL SANDS: THE FACTS

ALBERTA OIL SANDS: THE FACTS ALBERTA OIL SANDS: THE FACTS Oil sands are comprised of grains of sand surrounded by a film of water and bitumen. Bitumen, a heavy and viscous oil, is solid in colder temperatures IN 209, THE WORLD IS

More information

From Recession to Recovery

From Recession to Recovery From Recession to Recovery Warren Jestin SVP & Chief Economist Presentation to: Edmonton Real Estate Forum May 4, 21 The Global Economy Is Reviving Real GDP 1 8 6 4 29 21f 211f 2-2 -4-6 annual % change

More information

Update On Alberta Oil Sands Projects: Keeping Things In Perspective David Knapp Energy Intelligence Group Canada Think Day Center For Energy

Update On Alberta Oil Sands Projects: Keeping Things In Perspective David Knapp Energy Intelligence Group Canada Think Day Center For Energy Update On Alberta Oil Sands Projects: Keeping Things In Perspective David Knapp Energy Intelligence Group Canada Think Day Center For Energy Economics Houston, Texas - Mar. 9, 2006 OUTLINE The Global Role

More information

How Competitive Are PDH Projects Compared To Conventional Sources?

How Competitive Are PDH Projects Compared To Conventional Sources? How Competitive Are PDH Projects Compared To Conventional Sources? Global Propylene & Derivatives American Business Conferences Williams NGL & Petchem Services January 29, 2014 Williams Ft. Beeler WV plant

More information

U.S. Department of State Confirms Keystone XL Q Decision Timeline

U.S. Department of State Confirms Keystone XL Q Decision Timeline NewsRelease U.S. Department of State Confirms Keystone XL Q1 2013 Decision Timeline Calgary, Alberta June 15, 2012 TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) responded to the U.S. Department

More information

CANADIAN OIL SANDS AND CONVENTIONAL OIL AND GAS PRODUCTION FORECAST, SUPPLY COSTS AND EMISSIONS

CANADIAN OIL SANDS AND CONVENTIONAL OIL AND GAS PRODUCTION FORECAST, SUPPLY COSTS AND EMISSIONS CANADIAN OIL SANDS AND CONVENTIONAL OIL AND GAS PRODUCTION FORECAST, SUPPLY COSTS AND EMISSIONS Allan Fogwill, CEO Canadian Energy Research Institute June 2018 Relevant Independent Objective www.ceri.ca

More information

The Lies We ve Been Told

The Lies We ve Been Told The Lies We ve Been Told October 29, 2008 Role of Oil in US Energy Policy University of Southern Maine Conversations at Muskie Lucian Pugliaresi Energy Policy Research Foundation, Inc. Washington, DC www.eprinc.org

More information

Proposed Development Plan KIRBY IN-SITU OIL SANDS PROJECT

Proposed Development Plan KIRBY IN-SITU OIL SANDS PROJECT Proposed Development Plan KIRBY IN-SITU OIL SANDS PROJECT Public Disclosure Document December 2006 About Canadian Natural Who We Are Canadian Natural Resources Limited (Canadian Natural) is a senior independent

More information

Pipeline to Nowhere? Prospects and Barriers of Chinese Imports of Canadian Oil. Canada Institute May 5 th, 2011 Nathan Lemphers Policy Analyst

Pipeline to Nowhere? Prospects and Barriers of Chinese Imports of Canadian Oil. Canada Institute May 5 th, 2011 Nathan Lemphers Policy Analyst Pipeline to Nowhere? Prospects and Barriers of Chinese Imports of Canadian Oil Canada Institute May 5 th, 2011 Nathan Lemphers Policy Analyst The Pembina Institute The Pembina Institute is an environmental

More information

Recent policy developments and the rise of climate-related securities disclosure

Recent policy developments and the rise of climate-related securities disclosure Recent policy developments and the rise of climate-related securities disclosure ACC Conference May 8, 2017 Laura Zizzo Founder and CEO Topics We Will Cover Overview of Climate Impacts International and

More information

Challenges to exporting Canadian oilsands crude overseas

Challenges to exporting Canadian oilsands crude overseas February 2012 Briefing note Challenges to exporting Canadian oilsands crude overseas An overview of significant short-term barriers and market uncertainties facing Canadian oilsands exports by Nathan Lemphers

More information

Province of Alberta Investor Meetings London June Lowell Epp Assistant Deputy Minister, Treasury and Risk Management

Province of Alberta Investor Meetings London June Lowell Epp Assistant Deputy Minister, Treasury and Risk Management Province of Alberta Investor Meetings London June 2018 Lowell Epp Assistant Deputy Minister, Treasury and Risk Management Alberta, Canada 10th largest economy and 9th least risky country in the world (1)

More information

Elements of a Trade and Climate Code

Elements of a Trade and Climate Code 5 Elements of a Trade and Climate Code A Code of Good WTO Practice on Greenhouse Gas Emissions Controls should delineate a large green space for measures that are designed to limit greenhouse gas emissions

More information

2017 Annual financial statements and management discussion and analysis

2017 Annual financial statements and management discussion and analysis 2017 Annual financial statements and management discussion and analysis Financial section Table of contents Page Financial information (U.S. GAAP)... 2 Frequently used terms... 3 Management s discussion

More information

Policy Brief November Developing Global Market Access for Canada s Oil and Gas Industry SUMMARY

Policy Brief November Developing Global Market Access for Canada s Oil and Gas Industry SUMMARY November 2014 Developing Global Market Access for Canada s Oil and Gas Industry SUMMARY Over the last three decades Canada has achieved a leading position in the global oil and gas industry, becoming the

More information

Investment Opportunities in Québec and Beyond

Investment Opportunities in Québec and Beyond Investment Opportunities in Québec and Beyond Montréal: A Choice Destination Second-largest city in Canada Second-largest French-speaking city in the world after Paris Two universities (both official languages)

More information

29 th USAEE/IAEE North American Conference October 14, 2010 Calgary, Alberta. Presented by Glen Schmidt, Chairman

29 th USAEE/IAEE North American Conference October 14, 2010 Calgary, Alberta. Presented by Glen Schmidt, Chairman 29 th USAEE/IAEE North American Conference October 14, 2010 Calgary, Alberta Presented by Glen Schmidt, Chairman 1 Agenda Where will you get your oil? Drillable oil sands One of the best choices for crude

More information

Canada s Oil Sands: Production Outlook and Economic Impacts

Canada s Oil Sands: Production Outlook and Economic Impacts Canadian Energy Research Institute Canada s Oil Sands: Production Outlook and Economic Impacts Dinara Millington Canadian Energy Research Institute EMD / SEG / DEG Oil Sands and Heavy-Oil Workshop June

More information

From Peak Oil to Peak Uncertainty: The New Above Ground Risks

From Peak Oil to Peak Uncertainty: The New Above Ground Risks From Peak Oil to Peak Uncertainty: The New Above Ground Risks Niagara Institutional Dialogue June 20-22, 2017 Dr. F.L. (Ted) Morton Senior Fellow, School of Public Policy Senior Fellow, Manning Centre

More information

Energy ACCOUNTABILITY STATEMENT MINISTRY OVERVIEW

Energy ACCOUNTABILITY STATEMENT MINISTRY OVERVIEW Energy ACCOUNTABILITY STATEMENT This business plan was prepared under my direction, taking into consideration the government s policy decisions as of March 3, 2017. original signed by Margaret McCuaig-Boyd,

More information

DESIGNING INVESTMENT GRADE POLICIES: LESSONS FROM EXPERIENCE WITH LOW-CARBON, CLIMATE-RESILIENT INVESTMENT

DESIGNING INVESTMENT GRADE POLICIES: LESSONS FROM EXPERIENCE WITH LOW-CARBON, CLIMATE-RESILIENT INVESTMENT DESIGNING INVESTMENT GRADE POLICIES: LESSONS FROM EXPERIENCE WITH LOW-CARBON, CLIMATE-RESILIENT INVESTMENT Robert Youngman Team Leader, Green Finance and Investment ENV/CBW OECD-WWC-Netherlands Roundtable

More information

Keystone Pipeline System: Gulf Coast Pipeline & Keystone XL Pipeline

Keystone Pipeline System: Gulf Coast Pipeline & Keystone XL Pipeline Keystone Pipeline System: Gulf Coast Pipeline & Keystone XL Pipeline Natural Gas and Energy Association of Oklahoma May 9, 2013 TransCanada Enterprise Value ~$50 billion North America s Largest Natural

More information

Economic Impacts of Low Crude Prices on the Canadian Economy

Economic Impacts of Low Crude Prices on the Canadian Economy Canadian Energy Research Institute Economic Impacts of Low Crude Prices on the Canadian Economy Dinara Millington Canadian Energy Research Institute Ryder Scott Canada Reserves Conference May 10, 2016

More information

Oil Sands Outlook: How will the Challenges Facing the Industry affect Growth?

Oil Sands Outlook: How will the Challenges Facing the Industry affect Growth? Oil Sands Outlook: How will the Challenges Facing the Industry affect Growth? 4 th Annual Canadian Oil Sands Summit Insight Information Calgary, Alberta January 16-17, 2007 Bob Dunbar, P.Eng. Strategy

More information

EAC Regional Policy Needs for Environmental Statistics

EAC Regional Policy Needs for Environmental Statistics EAC Regional Policy Needs for Environmental Statistics Regional workshop on Environmental statistics 27 March, 2017 Arusha, Tanzania By Eng. Ladislaus Kyaruzi Email: kleonidas@eachq.org Overview Introduction

More information

Full Disclosure PERSPECTIVE FOR INVESTORS. Risks of oilsands investment. Environmental liabilities in Canada s oilsands

Full Disclosure PERSPECTIVE FOR INVESTORS. Risks of oilsands investment. Environmental liabilities in Canada s oilsands Full Disclosure Environmental liabilities in Canada s oilsands Photo: Jennifer Grant, Pembina Institute PERSPECTIVE FOR INVESTORS Risks of oilsands investment Canada s oilsands contain the world s largest

More information

Industry Contributions:

Industry Contributions: Mining Association of Canada (MAC) 2018 Pre-Budget Submission A more productive and competitive mining industry can advance Indigenous reconciliation and support the transition to a lower carbon economy,

More information

The 2010 Global Thought Leader Survey on Sustainability SUMMARY REPORT

The 2010 Global Thought Leader Survey on Sustainability SUMMARY REPORT The 2010 Global Thought Leader Survey on Sustainability SUMMARY REPORT May 2010 The 2010 Global Thought Leader Survey on Sustainability Climate Change, Sustainable Energy, Green Economics and Oil Sands

More information

SHELL CANADA OIL SANDS EXPANSION: Jackpine Mine Expansion & Pierre River Mine Public Disclosure

SHELL CANADA OIL SANDS EXPANSION: Jackpine Mine Expansion & Pierre River Mine Public Disclosure SHELL CANADA OIL SANDS EXPANSION: Jackpine Mine Expansion & Pierre River Mine Public Disclosure January 2007 SHELL CANADA OIL SANDS EXPANSION SHELL CANADA OIL SANDS EXPANSION: Jackpine Mine Expansion

More information

United States House of Representatives Committee on Energy and Commerce Subcommittee on Energy and Air Quality

United States House of Representatives Committee on Energy and Commerce Subcommittee on Energy and Air Quality United States House of Representatives Committee on Energy and Commerce Subcommittee on Energy and Air Quality Hearing on Climate Change: Competitiveness Concerns and Prospects for Engaging Developing

More information

Province of Alberta Investor Meetings Asia October Stephen J. Thompson, CFA Executive Director, Capital Markets Treasury Board and Finance

Province of Alberta Investor Meetings Asia October Stephen J. Thompson, CFA Executive Director, Capital Markets Treasury Board and Finance Province of Alberta Investor Meetings Asia October 2018 Stephen J. Thompson, CFA Executive Director, Capital Markets Treasury Board and Finance Alberta, Canada Canada 10th largest economy and 9th least

More information

Alabama Department of Environmental Management. ADEM Update Manufacture Alabama 2013 Environmental Conference. November 6, 2013

Alabama Department of Environmental Management. ADEM Update Manufacture Alabama 2013 Environmental Conference. November 6, 2013 ADEM Update Manufacture Alabama 2013 Environmental Conference November 6, 2013 Alabama Department Of Mission Assure for all citizens of the State a safe, healthful and productive environment. Commitments

More information

CARBON FORESTRY OVERVIEW

CARBON FORESTRY OVERVIEW CARBON FORESTRY OVERVIEW Alaska SAF Carbon Conference April 13, 2018 Julius Pasay Forest and Grassland Asset Manager Presentation Outline About The Climate Trust Carbon Markets Forest Carbon Investments

More information

GRANT MARTIN. Forum. Impact of the Economic Downturn on the Development of the Canadian Oil Sands

GRANT MARTIN. Forum. Impact of the Economic Downturn on the Development of the Canadian Oil Sands Forum Impact of the Economic Downturn on the Development of the Canadian Oil Sands GRANT MARTIN Director Supply Chain Management Commercial Support TransCanada TransCanada Keystone Pipeline Canadian Market

More information

Chapter. International Trade CHAPTER IN PERSPECTIVE

Chapter. International Trade CHAPTER IN PERSPECTIVE International Trade Chapter 34 CHAPTER IN PERSPECTIVE In Chapter 34 we see that all countries can benefit from free trade but, despite this fact, countries nevertheless restrict trade. Describe the patterns

More information

Unit 4: Global Economic Concepts

Unit 4: Global Economic Concepts Unit 4: Global Economic Concepts unıt outcomes: Evaluate factors and concepts significant to trade Chapter 15: Foreign Trade Pages 403 425 Globalization the trend of growing foreign trade and investment

More information

QUESTIONNAIRE FOR EU-PCD REPORT 2015: CONTRIBUTIONS FROM MEMBER STATES

QUESTIONNAIRE FOR EU-PCD REPORT 2015: CONTRIBUTIONS FROM MEMBER STATES QUESTIONNAIRE FOR EU-PCD REPORT 2015: Brief Introduction CONTRIBUTIONS FROM MEMBER STATES The European Union is a major global actor and its non-developmental policies have the potential for substantial

More information

2/11/2014. A Leading North American Energy Infrastructure Company. $38 billion of Commercially-Secured Projects. In-Service by 2015

2/11/2014. A Leading North American Energy Infrastructure Company. $38 billion of Commercially-Secured Projects. In-Service by 2015 Buffalo Cleveland Oil Sands Seminars February 2014 Peter Jaskoski, Stakeholder Relations Forward-Looking Information and Non-GAAP Measures This presentation includes certain forward looking information

More information

Keystone XL Pipeline Project: Key Issues

Keystone XL Pipeline Project: Key Issues Paul W. Parfomak Specialist in Energy and Infrastructure Policy Neelesh Nerurkar Specialist in Energy Policy Linda Luther Analyst in Environmental Policy Vanessa K. Burrows Legislative Attorney March 4,

More information

Crude Oil Forecast, Markets and Pipeline Expansions June 2007

Crude Oil Forecast, Markets and Pipeline Expansions June 2007 REPORT Crude Oil Forecast, Markets and Pipeline Expansions June 2007 Background The Canadian Association of Petroleum Producers (CAPP) represents 150 producer member companies that explore for, develop

More information

CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2017 FOURTH QUARTER AND YEAR END RESULTS CALGARY, ALBERTA MARCH 1, 2018 FOR IMMEDIATE RELEASE

CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2017 FOURTH QUARTER AND YEAR END RESULTS CALGARY, ALBERTA MARCH 1, 2018 FOR IMMEDIATE RELEASE CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES FOURTH QUARTER AND YEAR END RESULTS CALGARY, ALBERTA MARCH 1, 2018 FOR IMMEDIATE RELEASE Commenting on the Company's results, Steve Laut, Executive Vice-Chairman

More information

Alberta s s Energy Industry will the growth continue?

Alberta s s Energy Industry will the growth continue? Alberta s s Energy Industry will the growth continue? Marcel Coutu President, Chief Executive Officer Canadian Oil Sands Limited, Manager of Canadian Oil Sands Trust O C T O B E R 2 4, 2 0 0 7 Forward-looking

More information

Perspectives on North American Pipeline Infrastructure Opportunities

Perspectives on North American Pipeline Infrastructure Opportunities Perspectives on North American Pipeline Infrastructure Opportunities IPLOCA September 2009 Don Wishart, EVP Operations & Major Projects TransCanada Corporation Forward-Looking Information This presentation

More information

Province of Alberta CIBC Government Finance Conference Vancouver June 11, 2018

Province of Alberta CIBC Government Finance Conference Vancouver June 11, 2018 Province of Alberta CIBC Government Finance Conference Vancouver June 11, 2018 Stephen J Thompson Executive Director Capital Markets, Treasury Board and Finance and Catherine Rothrock Chief Economist &

More information

2019 economic outlook:

2019 economic outlook: 2019 economic outlook: What s ahead and what does it mean for entrepreneurs? Pierre Cléroux, Vice President Research and Chief Economist, BDC January 2019 Agenda 1 2 3 World economic outlook Alberta economic

More information

BMO Infrastructure & Utilities Conference February 8, 2018 Toronto

BMO Infrastructure & Utilities Conference February 8, 2018 Toronto BMO Infrastructure & Utilities Conference February 8, 2018 Toronto LEGAL DISCLAIMER Statements made by representatives for ATCO Ltd. and Canadian Utilities Limited and information provided in this presentation

More information

Marketability of Oil Sands Products in Asian Countries

Marketability of Oil Sands Products in Asian Countries Marketability of Oil Sands Products in Asian Countries Presentation to HUTF June 20, 2007 Duke du Plessis, Alberta Energy Research Institute (AERI) Nancy Wu, Alberta Employment, Immigration and Industry

More information

Mexico midstream. Opportunities for investors who move now

Mexico midstream. Opportunities for investors who move now Mexico midstream Opportunities for investors who move now opp With energy reform in Mexico under way, companies are eager to participate in the Mexican oil and gas renaissance. One of the biggest opportunities

More information

State Policy on Geologic Sequestration: 2009 Update

State Policy on Geologic Sequestration: 2009 Update 1. Introduction Melisa F. Pollak & Sarah Johnson Phillips University of Minnesota, Humphrey Institute of Public Affairs State policy activity on geologic sequestration (GS) has steadily increased over

More information

MESSAGE TO SHAREHOLDERS

MESSAGE TO SHAREHOLDERS MESSAGE TO SHAREHOLDERS There s no doubt Canada s energy industry has been tested by the lower for longer oil price environment of the past three years. For Suncor, however, this period proved to be not

More information

regulation approach incentive approach

regulation approach incentive approach Mr. Takashi Hongo is a Senior Fellow at Mitsui Global Strategic Studies Institute(MGSSI). Before joining MGSSI, he served for Japan Bank for International cooperation (JBIC). He led the drafting the Environment

More information

The SPE Foundation through member donations and a contribution from Offshore Europe

The SPE Foundation through member donations and a contribution from Offshore Europe Primary funding is provided by The SPE Foundation through member donations and a contribution from Offshore Europe The Society is grateful to those companies that allow their professionals to serve as

More information

A Perspective on Canada s Upstream Oil & Gas Sector

A Perspective on Canada s Upstream Oil & Gas Sector A Perspective on Canada s Upstream Oil & Gas Sector 2010 Edmonton Real Estate Forum May 4, 2010 Dave Collyer President, Canadian Association of Petroleum Producers Presentation Outline Current business

More information

Imperial announces first quarter 2017 financial and operating results

Imperial announces first quarter 2017 financial and operating results Q1 News Release Calgary, April 28, 2017 Imperial announces first quarter 2017 financial and operating results Earnings of $333 million, an increase of $434 million compared to the same period of 2016 Strong

More information

Key Economic Challenges Facing the Canadian Oil Sands Industry

Key Economic Challenges Facing the Canadian Oil Sands Industry Key Economic Challenges Facing the Canadian Oil Sands Industry 5 th Annual Canadian Oil Sands Summit Insight Information January 16-17, 28 Calgary, Alberta Bob Dunbar Strategy West Inc. 1 Photo Source:

More information

Sanford C. Bernstein Strategic Decisions Conference AES CORPORATION. Paul Hanrahan President and Chief Executive Officer. May 31,

Sanford C. Bernstein Strategic Decisions Conference AES CORPORATION. Paul Hanrahan President and Chief Executive Officer. May 31, AES CORPORATION Sanford C. Bernstein Strategic Decisions Conference Paul Hanrahan President and Chief Executive Officer May 31, 2006 1 Safe Harbor Disclosure Certain statements in the following presentation

More information

Canada s Oil Sands. Webber Academy November Looking Forward Continuing Responsible Growth

Canada s Oil Sands. Webber Academy November Looking Forward Continuing Responsible Growth Canada s Oil Sands Webber Academy November 2013 Looking Forward Continuing Responsible Growth 2 Oil Sands by Subject 3 Global Primary Energy Demand 20,000 18,000 16,000 14,000 million tonnes oil equivalent

More information

A Current Outlook for Oil Sands Development

A Current Outlook for Oil Sands Development Canadian Energy Research Institute A Current Outlook for Oil Sands Development Dinara Millington VP, Research Canadian Energy Research Institute October 1, 2015 1 Canadian Energy Research Institute Overview

More information

The Ministry of Energy consists of the Department of Energy, the Alberta Petroleum Marketing Commission, and the Alberta Energy and Utilities Board.

The Ministry of Energy consists of the Department of Energy, the Alberta Petroleum Marketing Commission, and the Alberta Energy and Utilities Board. Energy BUSINESS PLAN 2007-10 ACCOUNTABILITY STATEMENT The business plan for the three years commencing April 1, 2007 was prepared under my direction in accordance with the Government Accountability Act

More information

Briefing Note: The uncertain prospect of oilsands exports to Asia from Canada s West Coast

Briefing Note: The uncertain prospect of oilsands exports to Asia from Canada s West Coast Briefing Note: The uncertain prospect of oilsands exports to Asia from Canada s West Coast This briefing note draws from a recent Pembina Institute analysis of the likelihood of near term opportunities

More information

Re-evaluating the Need for the Trans Mountain Expansion Project: the Impacts of Weaker Oil Markets and Keystone XL

Re-evaluating the Need for the Trans Mountain Expansion Project: the Impacts of Weaker Oil Markets and Keystone XL Re-evaluating the Need for the Trans Mountain Expansion Project: the Impacts of Weaker Oil Markets and Keystone XL Dr. Thomas Gunton Director of the Resource and Environmental Planning Program School of

More information

CLIMATE. Q&A on accounting for transfers from outside of NDCs under Article 6 of the Paris Agreement to avoid double counting

CLIMATE. Q&A on accounting for transfers from outside of NDCs under Article 6 of the Paris Agreement to avoid double counting CLIMATE Q&A on accounting for transfers from outside of NDCs under Article 6 of the Paris Agreement to avoid double counting December 2018 Background The scope of current emissions targets in countries

More information

RBAC's 2017 North American NGL Market Forecast

RBAC's 2017 North American NGL Market Forecast RBAC's 2017 North American NGL Market Forecast Robert Brooks, PhD, RBAC, Inc, rebrooks@rbac.com 2017 USAEE Annual Conference, Houston, Texas November 14, 2017 2017 All Rights Reserved. GPCM is a registered

More information