On November 4th, 2024, the federal government announced its long-awaited draft Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations. The Regulations as proposed would regulate upstream oil and gas facilities, including offshore facilities, and would also apply to liquefied natural gas production facilities. It would not include oil refineries, which are already subject
On September 10, 2024, the Honourable Tory Rushton, Nova Scotia’s Minister of Natural Resources and Renewables introduced the Advancing Nova Scotia Opportunities Act (Bill 471), an omnibus Bill to make several legislative changes including several specific to the energy sector. The legislation, which received Royal Assent on September 20th, made significant changes to enable
What is natural gas and how is it processed? Natural gas is an energy source found underground in sedimentary basins and is colourless and odourless. It primarily consists of methane, with smaller amounts of ethane, propane, butane, pentanes, and other hydrocarbons. There are three extraction methods of natural gas in Canada, including conventional drilling,
What is hydrogen? Hydrogen is the lightest element on the periodic table and commonly exists as two hydrogen atoms together (H2). The H2 molecule is a colourless, odorless gas that produces energy if broken apart. Hydrogen is already an important component in some industrial processes in Atlantic Canada and could become an increasingly
The oil and gas (O&G) industry should look to uphold capital discipline and prioritize viable low-carbon projects to help successfully navigate the changing energy demand landscape. Deloitte's 2024 O&G industry outlook explores 5 key trends that will shape strategies and priorities of oil and gas companies. Open Publication
"In the global transformation of infrastructure to support cleaner energy, two things are clear: we have a long way to go, and it's not going to come cheap." Open Publication
Atlantica recently interviewed Derek Estabrook, Vice President of Business Development for Eastward Energy, to learn more about the business’ operations and future in Nova Scotia. Q. Please tell us about Eastward Energy. What do you do in the energy sector? A. Eastward Energy is Nova Scotia’s natural gas distribution utility.
The Community of Creative Citizens (CCC) is self-described as “a group of New Brunswick residents drawn from business, public administration, consulting, health care, and academia, all of whom share the dream that their beloved province flourish economically, socially, and culturally”. The group remains focused on “the present, the near-term future and the longer-term future of New
Commentary by Jonathan Alward, Vice President, Policy, Atlantica Centre for Energy Recent analysis shows that cost-effectively transitioning our energy system in Atlantic Canada to net-zero greenhouse gas (GHG) emissions can be based upon a mixed portfolio of solutions including wind-, hydro-, nuclear-, and natural gas-based energy generation. The federal government is currently developing the
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
On January 18, 2023, Irving Oil announced a partnership with global waste-to-renewable natural gas (RNG) industry leader Anaergia Inc. to supply the Saint John refinery with carbon-negative RNG, as well as Irving Oil’s other operations such as Delivered Natural Gas. About 350 million cubic feet of RNG will be supplied annually from Anaergia Inc.