This is a news compilation setting the record straight on the day’s top stories about the oil and gas industry.
Canadian LNG is the best in its class
- Canada’s LNG exports have fewer emissions than foreign competition. LNG can help lower emissions in countries like China that use high emitting sources of energy.
- Canadian LNG will also be environmentally conscious at home by being powered through hydroelectric like the LNG Canada project.
Energy demand is growing.
- Oil and gas demand is rising steadily through to 2040 under current policy trends.https://www.iea.org/weo2019/fuels/
- Even with the adoption of electric vehicles, their components will be comprised of a large part of materials made from petroleum products.