while most transactions are self-financed, limiting systemic risks ... Nonetheless, continued vigilance is warranted, as the sector could be affected by a reversal of capital flows and changes in investor sentiment." imf.org/en/News/Articl…
BREAKING: Imperial Oil slashing 20% of its workforce.
Global News will blame “oil prices”…
Reality? CANADA’S anti-energy
LAWS have chased investment OUT.
Smart companies are RUNNING for the exits.
Global crude and products inventories are stabilized and not building anywhere near the rates projected while still remaining within a solid range.
Interesting Q4 ahead with numerous major supply and demand dynamics at play, and geopolitical risk always playing its part. 🛢💰
ESG is gone. Emissions talk is fading fast.
Fossil fuels are back, and contrarian investors who ignored the green hype between 2018 and 2022 have been rewarded.
Fiscal discipline led to production restraint. It’s just a matter of time before the next price cycle writes…
Investor apathy will continue for the energy sector until it’s too late. The impending shale supply fiasco (drainage!) will be front-page news within the next two years, and inflation will be very hot again. Shale will likely be unable to help for round two, when $Oil prices are
Countries in the Middle East & North Africa are increasingly turning to desalination to meet water needs
Most desalination today relies on oil & gas. But future growth is set to be met by electric technologies – driving up the region's power use.
More ➡️ iea.li/48AjJAc
Rising incomes & temperatures are set to boost the adoption of air conditioning units across the Middle East & North Africa in coming years
This is expected to be a key driver on the growth in the region’s electricity demand through 2035.
Learn more 👉 iea.li/48AjJAc
PBO Jason Jacques just dropped a NUKE:
“The path this government is taking is UNSUSTAINABLE.”
He says he chose his words carefully. Translation: CANADA IS A FAST-MOVING TRAIN WRECK.
And yes… THIS GOVERNMENT is even WORSE than the last disaster.
Abdulla bin Touq Al Marri, Minister of #Economy and #Tourism, met with Danielle Smith, Premier of Alberta, to discuss strengthening economic and investment ties, with a focus on new economy sectors including #CleanEnergy, #FoodSecurity, tourism, digital technologies, space and…
Here is a longer clip of the Interim Parliamentary Budget Officer reacting to Canada’s public debt charges. You can actually see & feel how serious he is about what kind of trouble Canada is in.
His message to the Government “if you don’t change, this is done”
Global electricity demand is on course for strong growth through 2026 – rising more than twice as fast as total energy demand growth over the same period
Emerging economies in Asia are set to account for the bulk of this additional demand 👉 iea.li/4mlG4oY
📅 Today | 12:30 pm ET
@IEA Executive Director @fbirol shares insights on the current state of global energy markets, emerging risks to energy security, and more.
Tune in below ⬇️ youtube.com/watch?v=REbRrY…
Strong management and technology practices help firms grow and create jobs. IFC’s latest #EMInsights shows how tailored business upgrading programs -- from consulting to digital training -- are boosting sales, profits, and employment in emerging markets.
🔗wrld.bg/s78i50X08xp
Canada lost 3 major pipelines and $55 billion a year in growth. That would have meant billions more to support priorities like healthcare and education. We can’t afford another lost decade.
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Senior Fellow, Peterson Institute for International Economics
Professor, Paris School of Economics
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7K Followers 226 FollowingLet's work together to implement the #SDGs & the Climate #ParisAgreement agendas, a platform to promote Sustainable Development Investment worldwide
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Exec Director: @fbirol
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5K Followers 5K FollowingSi ustedes creen en la frase ‘yo creo en un mundo mejor’ para deberían empezar por quitarle la palabra ‘en’. 🌻Ilakech Alakech 🌻