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Canada Russia Oil markets
Peter Ramsay
28 March 2022
Follow @PetroleumEcon
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Canada commits to additional 200,000bl/d of crude

The country will pipe more oil, as well as more gas, to its southern neighbour by year-end

“I think there is a consensus” in moving away from Russian oil and gas, Canadian natural resources minister Jonathan Wilkinson told UK state broadcaster the BBC from Paris, where he was attending an IEA meeting for global energy ministers in late March. “The only differences are around how fast can you actually get away from it,” he says. From his country’s perspective, he is promising more oil and gas than originally planned by the end of the year. “We will be increasing our production and flow through the pipelines of an extra c.300,000bl/d oe by the end of the year, in line with what the Americans are doing and the Brazilians have also announced,” the minister continues. “We are also look

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Trump’s Russia threat rings hollow
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
US oil sector faces complicated path
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand
Brazil looks to solve its energy security travails
24 July 2025
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
India ready for turbulent times
23 July 2025
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector

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