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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Strathcona would like to thank its entire Montney team, led by President Al Grabas, for their invaluable contributions in growing the Montney business from just 5 Mboe / d in January 2017 to 72 Mboe / d in 2024. The HRT acquisition is a continuation of Strathconas countercyclical acquisition strategy focused on core area consolidation.

BBL 130
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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. That was formed in 1977 under the name National Nigeria Petroleum Company. OPEC commitments The attacks on pipelines and terminals have dropped but so has oil production.

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EPA Publishes Proposed Renewables Enhancement and Growth Support Rule

The Energy Law

To that end, the EPA has approved the use of short-rotation poplar and willow trees for feedstock in biofuels, the use of cellulosic diesel made from the co-production of cellulosic feedstock and petroleum, and the use of renewable diesel and biodiesel produced from separated food waste.

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President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

Section 6 of the Order revoked TransCanada Keystone Pipeline, L.P.’s s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada Critical to the success of this project is TC’s attainment of a Presidential Permit allowing the company to construct a pipeline that crosses the border between the U.S.

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President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

Section 6 of the Order revoked TransCanada Keystone Pipeline, L.P.’s s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S

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A new trade paradigm: How shifts in trade corridors could affect business

McKinsey

Since 2017, economies have traded less with geopolitically distant partners. Some signs of such an evolution have been evident since 2017, as big trading economies have adapted to shifts in geopolitics. For example, China’s share of US textile and apparel imports fell by 14 percentage points between 2017 and 2024.