CNOOC

IEEFA Research

IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink

IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink

Hope springs eternal for Chinese demand but reality suggests bleak forecast for new projects

October 19, 2020 (IEEFA)— The Conference Board of Canada, an Ottawa-based research organization, has doubled down on a bad hand, according to an analysis by the Institute for Energy Economics and Financial Analysis. The Conference Board’s report, A Rising Tide: The Economic Impact of B.C.’s Liquified Natural Gas Industry, claims an expansion of the British […]

Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Material Risks: How public accountability is slowing tar sands development (pdf) By: Tom Sanzillo (IEEFA), Lorne Stockman (Oil Change International), Deborah Rogers (Energy Policy Forum), Hannah McKinnon (Oil Change International), Elizabeth Bast (Oil Change International), and Steve Kretzmann (Oil Change International)

October 29, 2014 Read More →

More News and Commentary

Sinopec plans $4.6 billion in hydrogen spending by 2025

Reuters: China’s Sinopec Corp plans to spend 30 billion yuan ($4.6 billion) on hydrogen energy by 2025 as the state oil and gas major pivots to producing natural gas and hydrogen as part of becoming a carbon-neutral energy provider by 2050. Asia’s biggest oil refiner said on Monday it plans to become China’s largest company […]

August 30, 2021 Read More →

CNOOC sets renewable energy target of 5,000 megawatts by 2025

South China Morning Post: After making a foray into offshore wind power, CNOOC now plans to develop onshore solar and wind farms as part of its diversification from oil and gas. The Chinese offshore oil and gas giant was actively pursuing renewable energy projects with a goal to build up annual capacity of at least […]

August 20, 2021 Read More →

UK net-zero goals at risk due to foreign control of North Sea licenses

The Guardian: Foreign control of North Sea oil licences could put the UK’s plans to reach net zero emissions at risk, a study has warned. The research shows state-backed fossil fuel companies and private equity firms are taking a tighter grip on North Sea oil, raising concerns about the government’s ability to wind down fossil […]

July 30, 2021 Read More →

Huge Ugandan oil deposits face development risks from transition

S&P Global Platts ($): Uganda’s long-delayed maiden oil project took a vital step to becoming more than a pipe dream this month but risks still hang over hopes of new export flows from East Africa. France’s Total inked the final pipeline deals needed to unlock its multibillion-dollar Lake Albert oil discoveries, and first oil is […]

April 30, 2021 Read More →
IEEFA Africa: Is Angola a cautionary tale for Guyana’s oil wealth hopes?
and

IEEFA Africa: Is Angola a cautionary tale for Guyana’s oil wealth hopes?

After 25 years of deepwater drilling, African nation sinks $76B deeper in debt

The  South American country of Guyana, the latest nation to have discovered commercial reserves of oil and gas, hopes to raise its standard of living, cut its debt, eliminate its deficit and create a sovereign wealth fund. It is in a weak position to accomplish these goals.  Consider the example of Angola, which has hosted […]

Special event: Guyana debates offshore oil contracts with ExxonMobil-led consortium

Experts see economic drawbacks and risks for revenues and sovereign wealth fund

Kaieteur News in collaboration with Kaieteur Radio will host a live-streamed end-of-year debate in Guyana on December 31 at 11:00 AM GYT (10:00 AM EST). Panelists will explore Guyana’s first year as an oil-producing state, what went right, what went wrong, the global outlook for oil and gas, and the steps needed to ensure transparency […]

December 23, 2020 Read More →
IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink
, and

IEEFA: Canadian assessment of LNG ‘rising tide’ would drown balance sheets in red ink

Hope springs eternal for Chinese demand but reality suggests bleak forecast for new projects

October 19, 2020 (IEEFA)— The Conference Board of Canada, an Ottawa-based research organization, has doubled down on a bad hand, according to an analysis by the Institute for Energy Economics and Financial Analysis. The Conference Board’s report, A Rising Tide: The Economic Impact of B.C.’s Liquified Natural Gas Industry, claims an expansion of the British […]

China’s national oil company brings first offshore wind project into operation

Reuters: China’s offshore oil and gas major CNOOC Ltd announced on Tuesday that its first offshore wind power project has connected to the grid and begun to generate power The wind power project, located in the sea area nearby China’s eastern province of Jiangsu, and with a total installed capacity of 300 megawatts, is scheduled […]

September 15, 2020 Read More →

In the New Energy Economy, Public Accountability Is a Market Force

Good intentions aren’t the same as good strategy. In a column the other day in the weekly Hill Times of Toronto, Robert L. Evans, a professor emeritus at the University of British Columbia, suggested that Keystone XL opponents have been wasting their time. “The protest groups would have a much greater impact on the sustainability […]

January 27, 2015 Read More →

Our Tar-Sands Outlook, Part 2: Weak Fundamentals



By DEBORAH ROGERS  The tar-sands industry faces numerous vulnerabilities, none of which appears insurmountable on its own. Taken as a whole, however, these vulnerabilities create a daunting constellation of risks, as we explained last week in a report we published. That report, which we published with Oil Change International, examined the top 10 large tar-sands […]

November 4, 2014 Read More →