The oil and gas (O&G) industry earned record profits in 2022, providing ample cash flow to fund their strategies in 2023. And while O&G companies recognize geopolitical and macroeconomic uncertainty in the year ahead, they’ve also been given a clear mandate to secure supply in the short term while transitioning to cleaner energy in
Climbing energy costs and uncertainty surrounding inflation will compound complex issues like decarbonization on a global level. Businesses and their supply chains are stretching price elasticity to weather the economic challenges. The rate and pace of the energy transition is adding to tensions. As countries look to expand their power generation through electrification and
BY MICHELLE ROBICHAUD COMMENTARY Recent volatility in fuel prices has stunned most Atlantic Canadians and risen as a top concern for provincial governments across our region. While these extreme fluctuations are shocking, regional solutions are less so, though not without their own challenges. Russia’s war on Ukraine and corresponding import bans on Russian oil and
