A long-dormant shale gas reservoir in Alberta is getting a second life — this time as a promising oil play. Companies are targeting the sandstone layers of the Basel Belly River formation in the Willesden Green area southwest of Edmonton, using modern fracking techniques to unlock light oil in what was historically a gas-focused zone.alamy.com […]
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David Blackmon, Dr. Tammy Nemeth and Stu Turley have way too much fun today. 1. Canadian Pipeline Proposals The hosts discuss two major pipeline initiatives: Trans Mountain Pipeline expansion: A third pipeline is being added to the existing route with government and private partnerships, including undisclosed Indigenous partners. It’s facing environmental litigation over port dredging. […]
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CALGARY — In a major step toward diversifying Canadian crude exports, Prime Minister Mark Carney and Alberta Premier Danielle Smith announced on July 2, 2026, plans for a new West Coast oil pipeline capable of transporting 1 million barrels per day (bpd) from Alberta’s oil sands to a deep-water terminal on British Columbia’s southwest coast. […]
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In this episode of the Energy Newsbeat Podcast, host Stu Turley sits down with Thomas Land, CEO of Myriad Uranium and J2 Metals, to explore the geopolitical battle reshaping global energy. While China aggressively builds dozens of nuclear reactors to power its AI dominance, the United States remains frozen in time with just 94 reactors—a […]
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Prime Minister Mark Carney has delivered his clearest admission yet that Canada’s near-term climate targets are out of reach. In a June 30, 2026, video statement, Carney stated that “Canada’s emissions will be higher in the coming years than previously projected,” directly conceding that the country will overshoot earlier forecasts while refusing to curb oil […]
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In a world rocked by geopolitical tensions around the Strait of Hormuz — a critical chokepoint for global oil supplies — and an explosive surge in electricity demand from AI data centers, nuclear power is experiencing a powerful resurgence. Reliable, low-carbon baseload energy is no longer a niche option; it is becoming central to energy […]
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U.S. drilling activity remains resilient with modest gains reported in the latest industry-standard data, while Canada shows stronger momentum. Sources differ in methodology and absolute counts, highlighting the value of cross-referencing multiple providers. Here’s a comprehensive breakdown drawing from Baker Hughes (the longstanding industry benchmark), Enverus (daily GPS-based tracking), and the detailed WellDatabase report you […]
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In a landmark development for global energy markets, the United States has officially become the world’s number one exporter of oil (crude + refined products) and maintains its long-standing position as the top producer of both oil and natural gas. This shift, reported in early June 2026, marks a dramatic reversal from decades when the […]
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New York’s electricity grid is facing growing reliability risks, according to the state’s grid operator. In its latest assessments and the 2025 Power Trends Report, the New York Independent System Operator (NYISO) warns that electricity reserves have shrunk significantly over the past five years. A net decline of 1.5 gigawatts (GW) in available supplies since […]
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In a striking confirmation of the enduring role of fossil fuels in global finance, the world’s 65 largest banks committed a record $906 billion to oil, natural gas, and coal companies in 2025 — an 8% jump from $869 billion the year before. This marks the second straight year of rising fossil fuel financing after […]
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