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Jim Ratcliffe, CEO of Ineos, has stated that he thinks fracking could transform Britain’s industrial heartland in the same way it has revived America’s Rust Belt.
From 1 October 2016 the UK Oil and Gas Regulatory Authority (OGA) will be established as an independent regulatory body by the UK Government.
Prime Minister Justin Trudeau on Tuesday approved a pipeline expansion to triple the capacity of the Trans Mountain pipeline to move crude from inland Alberta to the Pacific coast. A similar development - through a rainforest further north - was rejected.
Canadian Association of Petroleum Producers’ (CAPP) report offered a 15-year outlook for total Canadian crude oil production and Western Canadian crude oil supply.
The US$28 billion merger of Enbridge and Spectra creates the largest ever energy infrastructure company ever in North America.