ARC ENERGY IDEAS

How long do energy transitions take? What is the potential for natural gas and Canadian LNG in the global energy transition?  What is the perception of Canadian energy internationally?  These are just some of the questions we asked Maria van der Hoeven. Van der Hoeven is a former Dutch politician that headed the International Energy Agency from 2011 to 2015. Under her leadership the IEA expanded its energy coverage and increased engagement with non-member countries.  She visited Calgary this past week as part of the Petronas International Speakers Series organized by the University of Calgary, Haskayne School of Business. Maria van der Hoeven is currently a Senior Fellow at the Clingendael International Energy Programme (CIEP). This podcast references LNG economics of various countries, see “SnapChart – LNG Breakeven Cost Comparisons”.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Seta Afshordi, Chief Operating Officer at Proton Technologies, says yes!  Seta explains how reactions in the oil reservoir can liberate the hydrogen while keeping the carbon emissions trapped. Hydrogen has long been viewed as a critical fuel in the transition to a low carbon economy due to its flexibility - it can replace natural gas  or be converted into electricity to power everything from wheels to cities.  The biggest barrier for hydrogen taking off  is the lack of a low cost, zero emissions way of producing it. Assuming Proton is successful at large-scale production, this could be a leap forward into a low carbon future.To learn more about Proton Technologies, visit their website http://proton.energy/Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week we explain the pitch in Saudi Aramco’s 653 page prospectus and why the Initial Public Offering (IPO) is a big deal.  Also covered in the show are themes from the tsunami of third quarter financial results from oilfield service firms and producers.  Finally, most outlooks for US oil production growth are being revised down, why and what are the implications?Here is a link for the Saudi Aramco Prospectus.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This year has been a difficult one for Canada’s oil and gas workers, capital spending is down and there are concerns about next year too.  In this episode we follow the Fiscal Pulse of the industry, to understand how money is made and spent, and to diagnose the reasons for less capital investment.In this episode we reference three charts – the ARC Fiscal Pulse, shareholder dividends and buybacks, and the historical drilling rates – see these charts in our ARC commentary “The Fiscal Pulse of Canada’s Upstream Oil and Gas Industry.”We also reference our weekly ARC Energy Charts publication that includes historical fiscal metrics for Canada’s oil and gas industry, see page nine of the October 28, 2019 ARC Energy Charts.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Canadians elected a Liberal minority government on October 21.  On this episode we break down the voting results regionally. Next, we look at the history of past minority governments. Finally, we review the Liberal’s energy and environment election platform as a guide for what could happen next.See related ARC Commentary “Majority Rules: Unless it is a Minority.”Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Imagine if crude oil production and use resulted in low, or even no net greenhouse gas emissions?  This is not a Jetson-style idea, it will soon be a reality in Alberta.  This week we hear from Kevin Jabusch, the CEO of Enhance Energy. His company will inject CO2 into an enhanced oil recovery project using carbon dioxide delivered via the 240 km Alberta Carbon Trunk Line.  Tune into hear about this exciting project with the potential to transport 15 million tonnes of CO2 annually, equivalent to 20 percent of all Canada’s power generation emissions. Read the CBC article about Canada’s carbon captureleadership “Carboncapture: What you need to know about catching CO2 to fight climate change.”Learn more about Enhance Energy and the Alberta Carbon Trunk Line. Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week’s podcast gives our take on some significant government and regulatory changes with positive implications for Western Canadian oil and gas markets. Two decisions were made by the Canada Energy Regulator (CER) at the end of September; (1) a change in the policy for operating Western Canada’s dominant regional natural gas gathering system; and(2), the suspension of Enbridge’s commercial process for contracting 90 percent of the Mainline oil pipeline.  We finish off the podcast talking about the Alberta Government’s decision to extend the oil curtailment policy by one year, to the end of 2020.This podcast references the ARC SnapChart “Arethe Choppy Gas Price Waters Behind Us?”Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week we interview David Smethurst who is the Chief Technology Officer for Energy at Hitachi Vantara. His division is headquartered in Silicon Valley, where buzzwords such as ‘big data’, ‘data optimization’, and ‘digital solutions’are more than just water cooler conversation.   Tune in to hear David explain the evolution of digital over the last few years, and describe some specific use cases for improving operations, safety and profitability. He will also discuss some of the barriers that companies face in adopting digital technology. Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Tune into this weeks episode where we discuss some of the headlines from New York City Climate Week including the speech from Greta Thunberg at the United Nations, and the importance of dealing with hydrocarbon consumption not just supply. And while New York is talking zero emissions, recent Electric Vehicle (EV) sales are starting to slow. We review the latest data, breaking out the sales figures for the two largest markets, China and the United States.This podcast references the ARC SnapChart “Slowing Growth in Electric Car Sales.” We also highlight a study released during Climate Week on carbon removal technologies from the Energy Futures Initiative.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

The oil markets take for granted that Saudi Arabia’s spare capacity will cover any unplanned outages. The events of the past week have changed that with 5.7 MMB/d of Saudi production shut down abruptly from a drone attack.  We discuss the situation, the potential for further escalation in the region, as well as the possible implications for oil demand and Canadian energy security. We also cover the Energy Disruptors conference held in Calgary this past week, where Peter Tertzakian launched his new project called Energyphile. This podcast references past ARC commentary “Want a Real Energy Transition? Start a War” and an article about Canadian energy security “Cheap, Clean, Safe and Secure?” To learn more about Peter’s project and to download the energy story audio file visit www.energyphile.org.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/