Market Diversification & Infrastructure Oilmen s Executive Business Forum Banff, August 21, 2012 Dave Collyer, CAPP
|
|
- Anastasia Patterson
- 6 years ago
- Views:
Transcription
1 Market Diversification & Infrastructure Oilmen s Executive Business Forum Banff, August 21, 2012 Dave Collyer, CAPP The Canadian Oil and Natural Gas Industry - A Key Driving Force in the Canadian Economy Investing $55 billion in Canada in 2012 $21 billion to governments in % of the value on Toronto Stock Exchange Approx. 18% of Canada s exports Employs more than 550,000 people in Canada Upstream Oil & Gas Auto Manufacturing Forestry & Logging Wheat & Barley Uranium
2 North American Natural Gas Supply Outlook Shale gas supply a gamechanger Technology breakthroughs New producing regions Shifting S/D dynamic Emerging stakeholder environmental concerns (footprint, water use & quality, seismicity) N.A. Natural Gas Pipelines & 2011 Cdn. Exports to U.S. (Bcf/d) Proposed Kitimat LNG Projects Westcoast TransCanada Alberta (NGTL) ANG/ Foothills TransCanada Transmission Alliance Mainline Northwest East Foothills 1.4 bcf/d M&NE West TQ&M Northwest Northern Great 2.4 bcf/d PGT Lakes Border Iroquois PNGTS PG&E Mid West Kern 5.1 bcf/d River CNG Trailblazer Algonquin ANR NGPL Panhandle Transwestern Texas SoCal ANR El Paso NGPL Eastern El Paso Vector Transcontinental Existing infrastructure serves N.A. markets. Changing S/D dynamics necessitate market growth: N.A. (transportation, power) Exports (LNG for price & takeaway) 4
3 Projected Net Natural Gas Imports (Bcf/d) Source: EIA 2011 International Energy Outlook Global Natural Gas Prices $US/MMbtu Source: World Bank North America Europe Japan
4 Potential West Coast LNG Terminals Ports of Kitimat and Prince Rupert are closer to Asia than any other North American port: Ø 8 sailing days to Japan Ø 9 sailing days to Korea Ø 11 sailing days to China Canadian LNG Export Project Development Activity Companies Location Capacity Est. Status Apache / EOG / Encana Bish Cove, Kitimat, BC 1.4 Bcf/d 2017 Awaiting Investment Decision BC LNG Export Cooperative Kitimat, BC 0.25 Bcf/d 2013 Permits received Shell /China National / Korea Gas Kitimat, BC 1.8 Bcf/d 2020 Final stages of discussion Progress / Petronas Prince Rupert 1.0 Bcf/d 2018 Conducting feasibility Nexen / Inpex TBD Conducting feasibility 2011 Canada and U.S. Demand for Crude Oil by Source (Thousand Barrels per Day)
5 Changing Oil Import Projections mb/d Net Oil Imports (IEA New Policies Scenario) China India European Union United States Japan Korea Source: IEA World Energy Outlook 2011, EIA Western Canadian and Bakken Crude Pipeline Routes to U.S., Canada and Offshore Existing infrastructure primarily devoted to N.A. markets. Strong Canadian production growth requires diversification to new markets: Price Takeaway Bakken Niobrara Utica Eagle Ford 10
6 International Markets: WTI vs. Brent Prices Brent: Benchmark used to price 65% of world s oil. WTI is lighter than Brent, and has historically traded at a premium. Growing disconnect between landlocked crude and globally traded crude such as Brent. For most of 2011 and 2012 to date, WTI has traded at a discount to Brent. Discount has narrowed slightly since beginning of year. July 1-10 average discount ~US$13.50/bbl US$/bbl Jan-09 Daily Differential WTI Brent Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul North American Market: WTI vs. Edmonton Par Light Both price benchmarks have been volatile recently. US$/bbl Edmonton par discount 100 to WTI narrowed to ~$3.45/bbl in June, but 80 started to widen again 120 to ~$12/bbl as of early July Tight pipeline capacity 80 amplifies volatility Jan-09 Jul-09 Cushing Edm Par Jan-10 Monthly Jul-10 Jan-11 Daily 3-Jan 17-Jan 31-Jan 14-Feb 28-Feb 13-Mar 27-Mar 10-Apr 24-Apr 8-May 22-May 5-Jun 19-Jun 3-Jul Jul-11 Jan-12 Jul-12 12
7 Canadian Market: Light/Heavy Differential Light/heavy differential has widened slightly since Jan / 12. June 2012 average heavy discount ~ Cdn. $13.00/bbl. Cdn$/bbl Cdn Light/Heavy Diff Hardisty Edm -40 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul Canadian Oil Sands & Conventional Production (Risked)
8 WCSB Pipeline Takeaway Capacity vs. Supply 15 Industry Objective West Coast Access Objective: Industry seeks timely expansion of crude oil and natural gas export infrastructure from Canada s west coast aligned with production growth. Drivers are fundamentally: Securing market outlets Securing global prices What is needed to achieve this objective: Economically viable projects supported by markets and suppliers. Support from governments (federal and provincial) policy and project approvals. Regulatory approvals (necessary, but not sufficient). Social license to build and operate.
9 Social License Framework Social License = Performance + Communication Performance: Continuous environmental & social performance improvement across the value chain (production, p/l and rail transportation, marine). Resolution of Aboriginal consultation & economic benefits / opportunities. Line of sight to jobs and economic growth / value creation. Solutions-oriented advocacy for balanced policy and regulation. Technology & innovation and industry collaboration are key levers. Communications & Outreach: Sustained & substantive commitment to communications: Messaging - balanced 3E focus, targeted, fact-based, solutions oriented, high road, direct, respectful..not apologetic or defensive. Delivery diversity of mediums, approaches, spokespersons. Grounded in performance improvement. Strong focus on outreach local / regional / national / international.
Canada s Upstream Oil and Gas Sector - Global Leadership
Canada s Upstream Oil and Gas Sector - Global Leadership Calgary-China Investment Summit Beijing, China October 17, 2013 Dave Collyer, President 1 Global Primary Energy Demand 20,000 18,000 16,000 14,000
More informationResponsible Energy Development
BC Natural Gas Symposium Responsible Energy Development CAPP Guiding Principles and Operating Practices for Hydraulic Fracturing within a Global Energy Context Geoff Morrison, Manager British Columbia
More informationImpacts of. Canada s Cleaner Energy Exports. Global Greenhouse Gas Emissions. Whistler, B.C. Canada. May 2002
Impacts of Canada s Cleaner Energy Exports on Global Greenhouse Gas Emissions Whistler, B.C. Canada May 2002 1. Introduction The North American economy is highly integrated. Canada and the United States
More informationA Federal View of Canada s Oil and Gas Sector. John Foran Director, Oil & Gas Policy and Regulatory Affairs Division Natural Resources Canada
A Federal View of Canada s Oil and Gas Sector John Foran Director, Oil & Gas Policy and Regulatory Affairs Division Natural Resources Canada Outline of Remarks 2 Purpose: 15 minute overview to spur discussion
More informationTransCanada Natural Gas Pipelines As at December 31, 2017
TransCanada Natural Gas Pipelines As at December 31, 2017 Natural Gas Pipeline In Development/Construction Regulated Natural Gas Storage Unregulated Natural Gas Storage Liard Conventional Basins Montney
More informationAlberta s Energy Markets: Opportunities and Challenges. Paul Tsounis Alberta Department of Energy Economics and Markets Branch June 2012
1 Alberta s Energy Markets: Opportunities and Challenges Paul Tsounis Alberta Department of Energy Economics and Markets Branch June 2012 Key Issues of the Day Uncertainties in Europe Greek elections GDP
More informationNatural Gas & LNG Fundamentals. Greg Kist Vice President, Marketing, Corporate & Government Relations
Natural Gas & LNG Fundamentals Greg Kist Vice President, Marketing, Corporate & Government Relations Marketing & Risk Management Strategy Hedge up to 50% of production currently focused on protecting AECO
More informationAPERC Annual Conference 2014 Challenges and Opportunities for Shale Gas Development in Canada
APERC Annual Conference 2014 Challenges and Opportunities for Shale Gas Development in Canada 26 March 2014 Francois Nguyen, Director International Energy Policy, Alberta Department of Energy Canada: World
More informationGas. Oil. Market Notes. North American Natural Gas Market Outlook The Oil & Gas Value Chain: The Next Two Decades. Contents
Oil Gas Market Notes Contents 1 North American Natural Gas Market Outlook The Oil & Gas Value Chain: The Next Two Decades 5 Natural Gas Market Charts 8 Oil Market Charts 12 Legislative and Regulatory Highlights
More informationCalima to benefit from ~ A$72 Billion of proposed investment in Western Canadian gas pipeline infrastructure
Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 ASX Code: CE1 July 4, 2018 Calima to benefit from ~ A$72 Billion of proposed investment in Western Canadian gas
More informationCrude by Rail Lower Cost, Lower Risk, Better Netback, Right Away
Crude by Rail Lower Cost, Lower Risk, Better Netback, Right Away James Cairns Vice President, Petroleum and Chemicals Upgrading Crude by Rail Capacity Summit February 26-27, 2013 Houston, TX FORWARD-LOOKING
More informationSaint John, New Brunswick Community Panel Session. National Energy Board August 8, 2016
Saint John, New Brunswick Community Panel Session National Energy Board August 8, 2016 1 What is Energy East? $15.7 billion* 100% privately financed project 4,500 km length of pipeline from Alberta to
More informationCANADA S OIL & NATURAL GAS PRODUCERS. OIL AND NATURAL GAS PRIORITIES for a prosperous British Columbia
CANADA S OIL & NATURAL GAS PRODUCERS OIL AND NATURAL GAS PRIORITIES for a prosperous British Columbia KEY POINTS THE OIL AND NATURAL GAS INDUSTRY: Delivers jobs and economic benefits to B.C. Operates with
More informationNatural Gas Issues and Emerging Trends for the Upcoming Winter and Beyond
Natural Gas Issues and Emerging Trends for the Upcoming Winter and Beyond 2013 NASEO WINTER ENERGY OUTLOOK CONFERENCE November 1, 2013 Kevin Petak Vice President, ICF International Kevin.Petak@icfi.com
More informationCERI Commodity Report Natural Gas
September 1 CERI Commodity Report Natural Gas Natural Gas Prices Paul Kralovic The Commodity Report Natural Gas article, Turm-oil in the Natural Gas Markets, released in February 1, explored the low natural
More informationPeters & Co. Limited Lake Louise Energy Conference Impact of North American Crude Oil Supply Growth
Peters & Co. Limited Lake Louise Energy Conference Impact of North American Crude Oil Supply Growth Bill Sanderson January 26, 2012 North American Crude Supply Impact About IHS-Purvin & Gertz Canadian
More informationIndustry Perspectives on Oil and Gas Development in Canada s Arctic: Opportunities and Challenges
Industry Perspectives on Oil and Gas Development in Canada s Arctic: Opportunities and Challenges Paul Barnes, Manager - Atlantic Canada & Arctic Presentation to Nunavut Oil and Gas Summit Iqaluit, Nunavut
More informationNatural Gas Supply, Demand, and the Prospects for North American LNG Exports
Natural Gas Supply, Demand, and the Prospects for North American LNG Exports December 3 rd, 2014 Robert D. Stibolt Senior Managing Director Observations on natural gas prices and project returns Price
More informationNATIONAL ENERGY BOARD
Page 1 of 12 NATIONAL ENERGY BOARD IN THE MATTER OF The National Energy Board Act, R.S.C. 1985, c. N-7, as amended, and the National Energy Board Act Part VI (Oil and Gas) Regulations made thereunder;
More informationShale Gas - Transforming Natural Gas Flows and Opportunities. Doug Bloom President, Spectra Energy Transmission West October 18, 2011
Fort Nelson Gas Plant, British Columbia Shale Gas - Transforming Natural Gas Flows and Opportunities Doug Bloom President, Spectra Energy Transmission West October 18, 2011 Natural Gas Golden Age Natural
More informationFuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 18, Volume 9
Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 18, Volume 9 October 3, 14 Copies of this publication may be obtained free of charge from: Natural Resources
More information2018 Economic Report Series LEVERAGING OPPORTUNITIES: DIVERSIFYING CANADA S OIL AND NATURAL GAS MARKETS. Book five.
2018 Economic Report Series LEVERAGING OPPORTUNITIES: DIVERSIFYING CANADA S OIL AND NATURAL GAS MARKETS Canada has tremendous oil and natural gas resources, and strong environmental regulations that ensure
More informationMajor Challenges for Gas: What Can be Expected for Mexico?
Major Challenges for Gas: What Can be Expected for Mexico? Gas Future Forum, Mexico, April 3, 2014 BEG/CEE UT, 1 Overall Observations Resources Reserves Deliverability Deliverability is key Sweet spot
More informationFredericton, New Brunswick Community Panel Session. National Energy Board August 15, 2016
Fredericton, New Brunswick Community Panel Session National Energy Board August 15, 2016 1 What is Energy East? $15.7 billion* 100% privately financed project 4,500 km length of pipeline from Alberta to
More informationTransCanada As at December 31, 2017
TransCanada As at December 31, 2017 Natural Gas Pipeline In Development/Construction Regulated Natural Gas Storage Unregulated Natural Gas Storage Liquids Pipeline In Development/Construction Liquids Tank
More informationWinter U.S. Natural Gas Production and Supply Outlook
Winter 2012-13 U.S. Natural Gas Production and Supply Outlook Prepared for Natural Gas Supply Association by: ICF International Fairfax, Virginia September, 2012 Introduction This report presents ICF s
More informationTIGHT OIL/ SHALE GAS REVOLUTION. RICE Global E&C Forum - March 19, 2013
TIGHT OIL/ SHALE GAS REVOLUTION RICE Global E&C Forum - March 19, 213 GLOBAL OIL & GAS RESOURCES SOURCE: TOTAL Global resources Liquids Gas ~3,5 Gb ~2,5 Gboe 1 Oil shale Unconventional resources ** 8 35
More informationEnergy Outlook. Kurt Barrow Vice President, Oil Markets, Midstream and Downstream Insights, IHS Markit
Energy Outlook Kurt Barrow Vice President, Oil Markets, Midstream and Downstream Insights, IHS Markit kurt.barrow@ihsmarkit.com Building a Foundation for Profitable Growth in Uncertain Markets Agenda Short-term
More informationOIL MARKET DEVELOPMENTS & BREXIT
OIL MARKET DEVELOPMENTS & BREXIT London Thursday 22 nd September 2016 Oil Markets: Where Next? Christof Rühl Global Head of Research Content Oil and the economy: Recap Why did lower oil prices not support
More informationGlobal energy markets
For Woodrow Wilson Center Global Energy Forum September 21, 215 Washington, DC by Adam Sieminski, Administrator U.S. Energy Information Administration U.S. Energy Information Administration Independent
More informationNatural Gas Abundance: The Development of Shale Resource in North America
Natural Gas Abundance: The Development of Shale Resource in North America EBA Brown Bag Luncheon Bracewell & Giuliani Washington, D.C. February 6, 2013 Bruce B. Henning Vice President, Energy Regulatory
More informationRice Global E&C Forum
Rice Global E&C Forum "Will Shale revolution trigger game changes in Asian Energy Market and LNG?" Tevin Vongvanich President and Chief Executive Officer PTT Exploration and Production Public Company Limited
More informationCERI Commodity Report Natural Gas
March 1 CERI Commodity Report Natural Gas Natural Gas Storage in Ontario Paul Kralovic Underground natural gas storage facilities play a vital role in the North American natural gas transmission and distribution
More informationST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary.
ST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK Executive Summary ST98 www.aer.ca EXECUTIVE SUMMARY The Alberta Energy Regulator (AER) ensures the safe, efficient, orderly, and environmentally
More informationST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary.
ST98: 2018 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK Executive Summary ST98 www.aer.ca EXECUTIVE SUMMARY The Alberta Energy Regulator (AER) ensures the safe, efficient, orderly, and environmentally
More informationWESTERN CANADA CRUDE OIL FORECASTS AND IMPACTS ( )
Crude Oil Production (excl Oil Sands) ay Study No. 15 July 215 CANADIAN ENERGY RESEARCH INSTITUTE WESTERN CANADA CRUDE OIL FORECASTS AND IMPACTS (215-235) 1,6, 1,5, 1,4, 1,3, 1,2, 1,1, 1,, 9, 8, 7, 6,
More informationENERGY OUTLOOK 2017 FALL/WINTER
ENERGY OUTLOOK 2017 FALL/WINTER With more than 105 years in the energy industry, BOK Financial is committed to helping you succeed. In this issue of the Energy Outlook, you ll learn more about the current
More informationDelivering Supply Options LDC Forum June 1, 2008, Boston. Tim Stringer Manager, U.S. Northeast Markets
Delivering Supply Options LDC Forum June 1, 2008, Boston Tim Stringer Manager, U.S. Northeast Markets Forward-Looking Information 2 This presentation may contain certain information that is forward looking
More informationCERI Commodity Report Natural Gas
March 15 CERI Commodity Report Natural Gas Analyzing Rig In-Activity Paul Kralovic Despite the West Texas Intermediate (WTI) oil price rebounding from a low of US$3.39 per barrel on March 17, 15 to US$55.
More informationOil and natural gas: market outlook and drivers
Oil and natural gas: market outlook and drivers for American Foundry Society May 18, 216 Washington, DC by Howard Gruenspecht, Deputy Administrator U.S. Energy Information Administration Independent Statistics
More informationNatural Gas Outlook and Drivers
Natural Gas Outlook and Drivers November 2012 33% BENTEK Energy 5% 40% Who We Are Based in Evergreen, CO 120 People 400+ Customers Subsidiary of McGraw-Hill/Platts 22% What We Do Collect, Analyze and Distribute
More informationCOMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET AN INTERNATIONAL ENERGY FORUM PUBLICATION APRIL 2018 RIYADH, SAUDI ARABIA APRIL 2018 SUMMARY FINDINGS FROM A COMPARISON OF DATA AND FORECAST ON
More informationAAPL 2011 Texas Land institute September 13, Christopher B. McGill Managing Director, Policy Analysis
AAPL 2011 Texas Land institute September 13, 2011 Christopher B. McGill Managing Director, Policy Analysis 0 Natural Gas Production Monthly 1998 2010 1 2011 Daily Dry Natural Gas Production (after extraction
More informationGary Weilinger, Vice President, Strategic Development and External Affairs September 8, 2011
Fort Nelson Gas Plant, British Columbia The Future and Evolution of LNG Markets Gary Weilinger, Vice President, Strategic Development and External Affairs September 8, 2011 Fort Nelson Gas Plant, British
More informationCanadian Oil and Gas Industry: What lies ahead
Canadian Oil and Gas Industry: What lies ahead Presented by Dinara Millington Vice President, Research Canadian Energy Research Institute June 10, 2015 1 Canadian Energy Research Institute Overview Founded
More informationMajor Changes in Natural Gas Transportation Capacity,
Major Changes in Natural Gas Transportation, The following presentation was prepared to illustrate graphically the areas of major growth on the national natural gas pipeline transmission network between
More informationLunch Session. Oil and Gas Security. Aad van Bohemen, IEA/Energy Policy and Security Division 6 March 2018 (APEC-OGSNF) IEA OECD/IEA 2017
Lunch Session Oil and Gas Security Aad van Bohemen, IEA/Energy Policy and Security Division 6 March 2018 (APEC-OGSNF) IEA Long-term Energy Markets Outlook Key takeaways from WEO 2017 India takes the lead,
More informationOil. Gas. Market Notes. North American Natural Gas Market Outlook Year-End 2014: A View to Contents
Oil Gas Market Notes Contents 1 North American Natural Gas Market Outlook Year-End 214: A View to 235 9 Natural Gas Market Charts 12 Oil Market Charts 16 Legislative and Regulatory Highlights 17 About
More informationJanuary Christof Rühl, Group Chief Economist
January 213 Christof Rühl, Group Chief Economist Contents Introduction Global energy trends Outlook 23: Fuel by fuel Implications Energy Outlook 23 BP 213 Introduction Global energy trends Outlook 23:
More informationNorth American Midstream Infrastructure Through 2035 A Secure Energy Future. Press Briefing June 28, 2011
North American Midstream Infrastructure Through 2035 A Secure Energy Future Press Briefing June 28, 2011 Disclaimer This presentation presents views of ICF International and the INGAA Foundation. The presentation
More informationDetailing The Future Projections Regarding The Supply And Demand For Condensate In Western Canada
Detailing The Future Projections Regarding The Supply And Demand For Condensate In Western Canada NGL Marketing & LNG Export Congress - Calgary Presented by John Homan Sr. Marketing and Logistics Representative
More informationBIEE Gas Seminar: Global Shifts in Gas Demand
October 213 BIEE Gas Seminar: Global Shifts in Gas Demand Kai Dunker, Lead Economist Global Gas Markets Disclaimer This presentation contains forward-looking statements, particularly those regarding global
More informationAPI Industry Outlook. Third Quarter R. Dean Foreman, Ph.D. Great Plains and EmPower ND Energy Conference October 8, 2018.
API Industry Outlook Third Quarter 2018 R. Dean Foreman, Ph.D. Chief Economist American Petroleum Institute Great Plains and EmPower ND Energy Conference October 8, 2018 American Updated Petroleum September
More informationNorth American Crude By Rail Challenges and Growth Analysis
Logistics Engineering Supply Chain North American Crude By Rail Challenges and Growth Analysis Prepared for: Indianapolis, IN September 11, 2014 1 About PLG Consulting Boutique consulting firm with team
More informationFuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 23, Volume 9
Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 23, Volume 9 December 12, 14 Copies of this publication may be obtained free of charge from: Natural Resources
More informationNatural Gas Next: The Rockies and the West
Natural Gas Next: The Rockies and the West Callie Kolbe, Manager, Energy Analysis Sadie Fulton, Senior Energy Analyst September 25, 2017 Jordan Cove Back again? There is even more gas? NIMBY! Renewable
More informationCERI Commodity Report Natural Gas
CERI Commodity Report Natural Gas September 15 The Marcellus Shale Paul Kralovic Advances in horizontal drilling, 3-D seismic technology and hydraulic fracturing (fracking) are opening up new shale gas
More informationONTARIO ENERGY REPORT Q1 2015
ONTARIO ENERGY REPORT Q1 JAN MAR OIL AND NATURAL GAS Regular Gasoline and Diesel Provincial Retail Prices ($/L) Natural Gas Effective Prices ( /m 3 ) Regular Gasoline $0.99 Diesel $1.14 Source: Ministry
More informationOctober U.S. Energy Information Administration Winter Fuels Outlook October
October 2017 Winter Fuels Outlook EIA forecasts that average household expenditures for all major home heating fuels will rise this winter because of expected colder weather and higher energy costs. Average
More informationLNG Market Outlook and Arbitrage Opportunities
LNG Market Outlook and Arbitrage Opportunities Rajnish Goswami Senior Vice President Head of Gas & Power Consulting Asia Workshop on Liberialisation of Malaysian Gas Market KL, 23 April 2015 1 Trusted
More informationNational Overview. In this Issue. Recent Developments. Volume 2, Issue 3. Figure 1: Crude Oil and Regular Gasoline Price Comparison (National Average)
Fuel Focus February 16, 27 National Overview Slight Increase in Canadian Retail Gasoline Prices from Last Week The Canada average retail gasoline price increased marginally to 87 cents per litre for the
More informationU.S. Shale Gas in Context
U.S. Shale Gas in Context Overview of U.S. Natural Gas production and trends For National Conference of State Legislatures Natural Gas Policy Institute September 9, 215 Pittsburgh, Pennsylvania By Grant
More informationNorth American Crude Oil and Natural Gas Too Much Too Soon!
North American Crude Oil and Natural Gas Too Much Too Soon! Energy and Water Executive Forum August 9, 2018 Crude Oil, Natural Gas and Product Prices $105 250 2017 $18 $/Bbl $84 $63 $42 $21 c/gal 200 150
More informationLNG from Western Canada: developing a new supply hub
LNG from Western Canada: developing a new supply hub Gastech Betsy Spomer March 2014 Source: BG Group Ridley Island (Prince Rupert) Legal notice The following presentation contains forward-looking statements
More informationNew Delhi 24 November th IEF-IGU Ministerial Gas Forum IEF Background Materials
New Delhi 24 November 2016 5 th IEF-IGU Ministerial Gas Forum IEF Background Materials Overview 1. 3+3 Challenges 2. 7 Observations on gas markets 3. What the JODI Gas Data Base Shows 4. 3 Proposals 7
More informationGarth Johnson Vice President, Pipeline & Strategic Development
NORTHWEST GAS ASSOCIATION & PACIFIC NORTHWEST UTILITIES CONFERENCE COMMITTEE Pipeline Briefing April 11, 014 Garth Johnson Vice President, Pipeline & Strategic Development SafeHarbor Statement Some of
More informationInternational gas markets: recent developments and prospects
International gas markets: recent developments and prospects Christopher Allsopp New College Oxford Director, Oxford Institute for Energy Studies December 2012 International gas markets are changing rapidly
More informationFuel Focus. National Overview. Recent Developments. In this Issue. Volume 11, Issue 4 February 19, 2016 ISSN
National Overview Fuel Focus Canadian Retail Gasoline Prices Decreased by Cents over the Last Two Weeks For the two-week period ending February 16, 16, the Canadian average retail gasoline price was $.88
More informationOUTLOOK FOR CRUDE OIL AND NATURAL GAS MARKETS: BUSY TIMES AHEAD
OUTLOOK FOR CRUDE OIL AND NATURAL GAS MARKETS: BUSY TIMES AHEAD A Presentation to the IECA 22 nd Annual Canadian Conference May 26, 214 Data and closing prices as of May 16, 214 Martin King, Vice President,
More informationCity of Prince George July 2016
City of Prince George July 2016 WHO WE ARE Canadian Port Authorities For profit, non shareholder organizations with a mandate from the federal government under the Canada Marine Act Our Mandate and Letters
More informationNatural Gas. Dr. Fred Beach Energy Institute The University of Texas at Austin. Infrastructure as Momentum. Dr. Fred C. Beach.
Infrastructure as Momentum Dr. Fred Beach Energy Institute The University of Texas at Austin 1 Fossil Fuels Supply 87% of All Energy Consumption in the World 2 Global Consumption Trends 2011 Energy Consumption,
More informationCANADIAN CRUDE OIL AND NATURAL GAS PRODUCTION, SUPPLY COSTS, ECONOMIC IMPACTS
Study No. 173 CANADIAN ENERGY RESEARCH INSTITUTE CANADIAN CRUDE OIL AND NATURAL GAS PRODUCTION, SUPPLY COSTS, ECONOMIC IMPACTS AND EMISSIONS OUTLOOK (2018-2038) Canadian Energy Research Institute Relevant
More informationLNG strategy and the outlook for global gas markets
LNG strategy and the outlook for global gas markets October 16 th, 2012 Jean-Marie Dauger Executive Vice-president GDF SUEZ The LNG market Strong growth particularly in Asia An LNG market of ~550 Mt in
More informationFuel Focus. National Overview. In this Issue. Recent Developments. Volume 2, Issue 10 May 25, 2007
Fuel Focus Volume 2, Issue 1 May 2, 7 National Overview Strong Wholesale Gasoline Prices Maintain Upward Pressure on the Retail Side Figure 1: Crude Oil and Regular Gasoline Price Comparison (National
More informationCenterPoint Energy Services. Current Market Fundamentals June 27, 2013
CenterPoint Energy Services Current Market Fundamentals June 27, 2013 CenterPoint Energy is one of the largest combined electric and natural gas delivery companies in the U.S. Asset portfolio CNP Footprint
More informationWorld and U.S. Oil and Gas Production and Price Outlook: To Infinity (or at least 2050) and Beyond
World and U.S. Oil and Gas Production and Price Outlook: To Infinity (or at least 25) and Beyond Energy and Environment Symposium April 18, 218 Rifle, Colorado by Troy Cook, Senior Global Upstream Analyst,
More informationKitimat LNG Pacific Trail Pipeline
Kitimat LNG Pacific Trail Pipeline Premier s B.C. Natural Resource Forum Rod Maier, Chevron Canada Limited January 23, 2014 Cautionary Statement CAUTIONARY STATEMENT RELEVANT TO FORWARD-LOOKING INFORMATION
More informationSituation and Outlook of the Canadian Livestock Industry
Situation and Outlook of the Canadian Livestock Industry 2011 USDA Agricultural Outlook Forum Tyler Fulton February 25, 2011 tyler@hamsmarketing.ca Lost in Translation Canadian Livestock Industry - Outline
More informationFuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 10, Volume 9
Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 1, Volume 9 June, 14 Copies of this publication may be obtained free of charge from: Natural Resources
More informationCERI Commodity Report Natural Gas
bcf/d CERI Commodity Report Natural Gas October Gas-to-Liquids (GTL): An Option for Monetizing WCSB Natural Gas Current Challenges for WSCB Natural Gas Producers Shale gas production in the United States
More informationENERGY SLIDESHOW. Federal Reserve Bank of Dallas
ENERGY SLIDESHOW Updated: July 5, 2018 ENERGY PRICES www.dallasfed.org/research/energy Brent & WTI & Crude Brent Oil Crude Oil Dollars per barrel 140 120 Brent (Jun 29 = $75.24) WTI (Jun 29 = $74.03) 95%
More informationU.S. Natural Gas Markets Where Is It All Going to Go?
U.S. Natural Gas Markets Where Is It All Going to Go? October 19, 217 Today s Agenda» Current Natural Gas Market Production Shifting gas flows Demand LNG, Power and Mexico Evolving values basis and price»
More informationU.S. Oil Prices Outlook January 2019
U.S. Oil Prices Outlook January 219 Oil Prices OPEC+ decision to reduce output prevented prices from declining further The expiration of import waivers of Iranian oil could have a positive effect on prices
More informationOutlook for Gas Markets
IEEJ IEEJ:Published 2015 年 7 in 月 August 禁無断転載 2015 All rights reserved The 420th Forum on Research Work July 10, 2015 Outlook for Gas Markets The Institute of Energy Economics, Japan Tetsuo Morikawa Manager,
More informationNorth America Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance
North America Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance Prepared by ICF International for The INGAA Foundation, Inc. Support provided by America s Natural Gas Alliance
More informationIPTC MS The Outlook for LNG Supply to Asia. Stuart Traver, Lalitha Seelam and Nick Fulford Baker Hughes Inc. and Gaffney, Cline & Associates
IPTC 17774 - MS The Outlook for LNG Supply to Asia Stuart Traver, Lalitha Seelam and Nick Fulford Baker Hughes Inc. and Gaffney, Cline & Associates Slide 2 2013 GLOBAL NATURAL GAS TRADE Units: billion
More informationB.C. TOWBOAT INDUSTRY CONFERENCE
LN G T erm inals on C ana da s W est C oast Kitimat LNG LN G T erm inals on C ana da s W est C oast Presentation to 17 th B.C. TOWBOAT INDUSTRY CONFERENCE Whistler, BC Kitimat LNG Alfred Sorensen Kitimat
More informationWESTERN CANADA NATURAL GAS FORECASTS AND IMPACTS ( )
Study No. 149 July 215 CANADIAN ENERGY RESEARCH INSTITUTE WESTERN CANADA NATURAL GAS FORECASTS AND IMPACTS (215-235) Canadian Energy Research Institute Relevant Independent Objective WESTERN CANADA NATURAL
More informationENERGY SLIDESHOW. Federal Reserve Bank of Dallas
ENERGY SLIDESHOW Updated: February 14, 2018 ENERGY PRICES www.dallasfed.org/research/energy Brent & WTI & Crude Brent Oil Crude Oil Dollars per barrel 140 Brent (Feb 9 = $65.50) WTI (Feb 9 = $62.01) 120
More informationJoyce Turkaly, Director Natural Gas Market Development
PIOGA s Pipeline and Gas Market Development Committee consists of various stakeholders: producers, generators, pipelines, engineers, marketers, schedulers, analysts, consultants, entrepreneurs, government
More information3-1. Effect of Crude Oil Price Drop on the Global Energy Market
APERC Workshop at EWG52 Moscow, Russia, 18 October, 2016 3-1. Effect of Crude Oil Price Drop on the Global Energy Market James Kendell Vice President, APERC Background and outline of the study Background
More informationEnergy Market Update. Mark Finley Meet Alaska, January 21, 2011
Energy Market Update Mark Finley Meet Alaska, January 21, 211 Agenda Where we ve been Trends in global energy Where we are: The short-term outlook Why has oil been different? Where we are going (or might
More informationShale Oil: A Turning Point for the Global Oil Market
06 May 2013 Shale Oil: A Turning Point for the Global Oil Market Edith Southammakosane, Director - Research research@etfsecurities.com Key points Global oil supply is rising rapidly as shale oil production
More informationEffect of Crude Oil Price Drop on the Global Energy
2016/EWG52/WKSP1/003 Effect of Crude Oil Price Drop on the Global Energy Submitted by: APERC Asia Pacific Energy Research Centre Workshop Moscow, Russia 18 October 2016 APERC Workshop at EWG52 Moscow,
More informationCrude Oil and Product Price Outlook: Rising to the Challenge
Crude Oil and Product Price Outlook: Rising to the Challenge Y.H.Lee Vice President, GS Caltex Corporation Northeast Asia Petroleum Forum September 21, 2005 CONTENTS 1. Introduction 2. Factors that drive
More informationOil and gas outlook. For New York Energy Forum October 15, 2015 New York, NY. By Adam Sieminski, Administrator. U.S. Energy Information Administration
Oil and gas outlook For New York Energy Forum New York, NY By Adam Sieminski, Administrator U.S. Energy Information Administration U.S. Energy Information Administration Independent Statistics & Analysis
More informationExamining the Expansion Potential of the Petrochemical Industry in Canada
Canadian Energy Research Institute Examining the Expansion Potential of the Petrochemical Industry in Canada Allan Fogwill President and CEO Canadian Energy Research Institute January 2016 1 Canadian Energy
More informationFuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 2, Volume 9
Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 2, Volume 9 February 21, 14 Copies of this publication may be obtained free of charge from: Natural Resources
More informationAnalysis of California Natural Gas Market, Supply Infrastructure, Regulatory Implications, and Future Market Conditions. CIEE Subcontract No.
Analysis of California Natural Gas Market, Supply Infrastructure, Regulatory Implications, and Future Market Conditions CIEE Subcontract No. MNG-07 07-0101 Natural Gas Storage Forum: Modeling of Natural
More informationNorth American Gas Supply Outlook
Hart Energy s Commercializing Methane Hydrates Conference Houston, Texas December 5, 2006 North American Gas Supply Outlook Richard M. Tucker Vice President Ziff Energy Group Houston Calgary www.ziffenergy.com
More information