Brian Zinchuk: Did the Multi-Lateral Well Program shoot ourselves in the foot when it comes to provincial revenues?
Also, Decouple Media: The Reactor Canada Forgot How to Sell
Could Iran be the next “Forever War?”
Weekend Watch: The Iran War Expert: I Simulated The Iran War for 20 Years. Here’s What Happens Next.
While watching this, consider if the Iran War does become a forever war, what will it’s impact be on oil production, delivery through the Strait of Hormuz or lack thereof, the world economy, Canadian and Saskatchewan oil production could be profound and last years? Could this lead to a global recession, but good times for our oilpatch? Remember the $147 WTI barrel of July, 2008, led to the global financial crisis that September. Some of us are still bearing the scars of that.
I know I am.
The case for Westinghouse reactors, LNG, black mark and Timbits
Saskatchewan is the battleground between the AtkinsRealis (SNC-Lavalin/former AECL) CANDU reactor and the Cameco/Brookfield-owned Westinghouse AP1000 reactor. I’d digging as deep as I can to provide context for Saskatchewan decision makers who will be making this decision. In recent weeks I had two podcasts on the CANDU. This is the first on the Westinghouse. What’s really significant here is the Westinghouse ownership is now fully Canadian companies, even though the design is American. And in November or so, Trump’s administration said they’d build 10 of them.
Pipeline Online Podcast Ep. 31: Dr. Grant Isaac, Pres. & COO of Cameco on SK buying Westinghouse reactors. There were technical difficulties which shortened our time, so we’re going to take another run at it in the near future.
Also:
This is a really good discussion on LNG:
Decouple Media: The Terrible, No Good week for LNG
Black mark on industry (I hate it when this happens):
Alberta landowners take stand over years of missed payments by delinquent oil company
It turns out Pipeline Online isn’t the only one to use a Timbit as a unit of monetary measure. Maybe they got the idea from Pipeline Online? Here’s the Canadian Press story:
What will the carbon price cost the oilsands? A Timbit per barrel, one analysis says
Place your bets!
Brian Zinchuk: Place your bets! What will the oil price be due to the Iran war?
I’m guessing oil prices are going to shoot up really high, in short order.
I just got in my inbox this morning:
- QatarEnergy halts LNG production at the world’s largest plant
- European gas prices up 48% from Friday levels
- No LNG vessels transiting the Strait of Hormuz
- Around 20% of global LNG supply effectively cut off
But there was “No business case” for Canadian LNG. Or Energy East, for that matter.
Also:
AtkinsRéalis’ Case for CANDU Part 2: A Canada-wide fleet purchase?
On the topic of nuclear power: Mike Harris, former premier of Ontario, will be talking nuclear power generation on the Pipeline Online Podcast on Tues., Mar. 3, at 10 a.m. Join us live on X at https://x.com/Pipeline_Online. I plan on asking about the big picture considerations on nuclear power.
Can Saskatchewan do the CANDU?
Should Saskatchewan buy the CANDU reactor when it comes to building large-scale nuclear in this province? Carl Marcotte Senior Vice-President, Marketing & Business Development at CANDU Energy, part of AtkinsRealis, makes the pitch. Building large reactors will only be the largest, most expensive decision made by this province for generations.
Pipeline Online Podcast Ep. 29: Carl Marcotte, CANDU Energy
I’m hoping to get Westinghouse on in a future episode, as the main competitor.
Related: Cameco CEO on whirlwind Washington trip for talks on reactor deal
Also – Jim Warren: Critical questions about the Alberta-Ottawa pipeline MOU remain unanswered
Enbridge unfazed by prospect of more Venezuelan oil headed to Gulf Coast
TC Energy sets growth sights on U.S. data centre boom
About that MOU between Alberta and Canada for a pipeline…
Bronwyn Eyre: Why the fed-prov ‘MOU’ is ‘Mission Outstandingly Unlikely’
Get the paddles!
Things have been looking really bleak for southwest Saskatchewan’s oilpatch. If this were a medical drama, this would be where the doctor puts the paddles on the dying patient’s chest, yells, “Clear!” and shocks the patient.
We might have just seen a little blip on the heart monitor with this land sale.
Whew! Southwest Saskatchewan sees more interest in this land sale than in all of 2025 combined
And yes, it is that bad. Most oilfield services in that region have either shut down or are barely hanging on. I spent an hour yesterday talking to the owner of several businesses in that area.
Keepin’ those lights on
Natural gas and coal kept Saskatchewan’s lights on during frigid weather. As in, nearly every furnace in this province saw its fan running as a result of natural gas and coal, right when we needed it most.
Also: Bronwyn Eyre inaugural recipient of new award for Canadian champions of freedom. She happens to be cohost of the Pipeline Online Podcast and a regular columnist.
Brian Crossman: Artificial Intelligence, the oilpatch, and John Wick’s dog.
And under the file of “I’ll believe it when I see it”: If elected, the Parti Québécois would not necessarily oppose new gas or oil pipelines
Trump’s speech
Donald Trump’s speech to the WEF at Davos.
Oh, yeah, and he has something of a response to Carney’s speech the previous day, too.
Doomberg on Canadian energy
Weekend Watch: Is Canada Wasting Its Energy Advantage? | Doomberg on Oil, LNG, and the Pipeline Future
There’s some pretty good discussion about Saskatchewan at the 30 minute mark.
Also, from Canadian Press: Carney says Qatar will make ‘significant’ investments in Canada’s major projects.
At least Carney isn’t dressing up in local dress like Trudeau did in India. Take that for what you will.
Shrinkflation strikes again
Anyone buy sidewalk salt recently? Notice they now ship air instead of salt?
Also:
The past and potential of Venezuela’s oil sector, and what it means for Canada
Weekend Watch: The Broken Barrel – How Venezuela’s rebirth could impact Canada
Trump & Co. mentioned oil 26 times …
… during the press conference after nabbing Venezuela’s Maduro.
This is a HUGE problem for Canada, as every barrel of oil Venezuela adds would most likely displace a barrel Canada produces. How do I know? Because Canadian oil replaced Venezuelan production over the last two decades.
Brian Zinchuk: Trump’s takeover of Venezuela means Canada needs those west coast pipelines ASAP
Don’t believe me? Here’s Adam Pankratz in the National Post.
Adam Pankratz: Venezuelan oil could put Canada out of business
If sabotage of the energy industry doesn’t end now, we face impoverishment
I swear I wrote my own column a day before I saw his. They’re almost word for word in some parts.
Year end interview with Scott Moe on energy
Pipeline Online Podcast Ep. 24: Premier Scott Moe Year End
Saskatchewan Premier Scott Moe joins the Pipeline Online Podcast in his annual year-end interview. The discussion digs into the coal decision, Saskatchewan’s move into nuclear, carbon capture, interties to Alberta’s grid, and the Alberta-Canada MOU. The multilateral well program, oil production goals, Saskatchewan’s new energy and resources minister, lithium and hydrogen are also discussed.
What the Alberta-Canada pipeline MOU means for Saskatchewan
It has significant implications for Saskatchewan, including power generation, interties, nuclear, and, oh yeah, pipelines and oil production.
What the Alberta-Canada pipeline MOU means for Saskatchewan
Canada-Alberta Memorandum of Understanding, verbatim
Carney’s speech on the Canada-Alberta pipeline MOU, verbatim
Canadian Press:
Eby brands pipeline ‘energy vampire’ as First Nations vow it will never happen
Comments and reaction on Ottawa-Alberta pipeline memorandum of understanding
Is this thing the real deal? Guilbeault resigned over it! It was real enough for him to fall on his sword. I really want to write that story but I need to drive four hours Friday morning so it’ll have to wait.
Headlines I am considering:
Christmas does indeed come in November, as Guilbeault resigns
Ding, dong, the climate witch resigned
His legacy unravelled by Carney’s pipeline MOU, Guilbeault quits cabinet
Hot on the heels of returning from COP30, Guilbeault quits over pipeline MOU
At an end his reign is, and not short enough it was: Guilbeault quits (read it in Yoda’s voice)
Canada’s energy bogeyman quits over pipeline MOU
The climate house he build is falling to pieces, so Guilbeault quits
Climate warrior Steven Guilbeault undone by Carney’s pipeline MOU, resigns in protest
The guy who wanted you to freeze in the dark just quit cabinet
Arguably the man most hated by the Canadian energy sector (besides Trudeau) packs it in
All out of CN towers to climb and economies to ruin, Guilbeault walks the plank
I might just use all of them. I’ll probably have a half dozen more when I wake up. Maybe I’ll make a contest for the best headline.
I will publish his entire resignation letter as soon as I’m able.
Wind project permits filed; a real live landman, multilaterals and Churchill
Enbridge files wind project development permit applications with RMs of Weyburn and Griffin
Pipeline Online Podcast Ep. 22: Donny Duncan, Millennium Land, a real live landman
Multilateral designs lift more energy with a smaller environmental footprint
Letter to the Editor: Ice-related developments in the Canadian shipping industry
Churchill, hand wringing and, oh yeah, Eby
Carney and Kinew release joint statement on Port of Churchill development
Jim Warren: COP30—where worlds collide, climate alarmists wring their hands and nothing goes right
Eby says B.C. is at a ‘pivot point’ as he promises future based on natural resources
If you can’t build a big pipeline, do you build small?
So it looks like a minor pipeline expansion of the Enbridge Mainline is in the works:
Enbridge has no plans to apply for national interest project as it tackles expansions.
And one of the companies that feeds those pipelines is Canadian Natural Resources:
Canadian Natural president awaiting more detail on Ottawa’s climate plans
And here’s a nice little video showing life on a drilling rig.
How many times?
All of a sudden Carney’s talking a pipeline to the BC coast. Carney tells business crowd a new pipeline project is ‘going to happen’
Correction: it does mention “pipeline” once in reference to the Pathways Project, but not to the West Coast.
Ask me how many times it mentioned “climate” or “gender”
Also:
Brian Zinchuk on Evan Bray Show: Federal budget 2025 and nuclear power generation
The corpse twitches, but does not dance…
Jim Warren: The Keystone XL is a long way from being revived: The corpse twitches, but does not dance
Getting the ball rolling
Danielle Smith says Alberta will be proponent for Pacific pipeline, for now. Here’s Pipeline Online’s deep dive, including Saskatchewan persepective.
Smith says Alberta will be proponent for Pacific pipeline, for now