Related Articles
Forward article link
Share PDF with colleagues

Gulf oil slick: A potential boon for Canada

A ban on drilling offshore the US and the likely stiffer regulation on oil and gas companies to come should mean a greater reliance on Canadian energy

WHISPER it, but the US' misfortune could be Canada's gain. A ban on drilling offshore the US – temporary or permanent – and the likely political fallout that will force stiffer regulation on oil and gas companies operating in the US should mean a greater reliance on Canadian energy, writes Derek Brower. Naturally, few in the Canadian industry are saying as much. No-one wants to be seen rubbing his hands while the neighbours clean up the mess on their front lawn. But with new pipeline infrastructure on the way, Canadian oil exports from Alberta are increasingly targeting refineries on the US Gulf coast. And if the US wants to outsource its oil-exploration risk – but does not want to turn dow

Also in this section
ExxonMobil drilling heralds oil era in Guyana
15 June 2018
Keen to add to its production base, ExxonMobil hopes to have the oil flowing from offshore Guyana within two years
Sechin's role in Magomedov arrest under scrutiny
15 June 2018
The arrest of another oligarch with links to the energy industry has raised questions over the motive
Yemen war enters dangerous new phase
13 June 2018
The Saudi-led coalition has embarked on a high-risk strategy to force the Houthis to the negotiating table