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Letter from the UAE: The GCC and Iran – No easy way out
For GCC producers, the ceasefire may prove more destabilising than the war itself: exports remain constrained, and control over Hormuz has shifted in ways that could endure
China’s secure energy transition
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
Do not politicise a geopolitical crisis – Ydreos
The Strait of Hormuz disruption has exposed weakness in the global energy system and reignited debate over security of supply, but it should not be used to justify an accelerated shift away from fossil fuels, says the secretary general of the IGU
Dow restarts construction on its Path2Zero project
The company plans for phase-one startup in late 2029 as it seeks to maximise value from chemicals project following nine-month hiatus
A bigger and longer crisis
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
How Russia gains from the Hormuz supply shock
The US may be systemically stripping Russia of key geopolitical allies, but Moscow can reap rewards from the Hormuz crisis, both in the short and long term
Letter from Dubai: A safe haven under fire
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
Trump’s bid to reshape the global energy order
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
Energy dominance as diplomatic leverage
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
Explainer: Fujairah on high alert
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
Alberta Premier Danielle Smith and Canadian Prime Minister Justin Trudeau at the Calgary Stampede festival in Alberta
Opinion
Canada Politics
Vincent Lauerman
Calgary
31 July 2023
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Letter from Canada: The coming energy war

Conflict between the federal government and Alberta’s new premier seems inevitable

Alberta Premier Danielle Smith wasted no time during her election victory speech in the early hours of 30 May in throwing down the gauntlet to Ottawa about two of its proposed greenhouse gas (GHG) emission reduction programmes: a net-zero power grid by 2035, and an oil and gas sector emissions cap in 2030, with drafts to be released shortly and in the autumn, respectively. “As premier, I cannot under any circumstances allow these contemplated federal policies to be inflicted upon Albertans,” she declared. “I simply cannot, and I will not.” “There is a big fight coming up” Smith, Alberta premier In contrast, the two federal ministers responsible for the policies attempted to turn down

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The UK’s problematic power price
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Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy

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