ARC ENERGY IDEAS

This week we interview Eric Nuttall, Partner and Senior Portfolio Manager from Ninepoint Partners. While many investors have fled, Eric is a rare breed that is still actively investing in public oil and gas equities.  Tune in to hear Eric explain the sell off of oil and gas equities over the last several years, with many share prices now sitting at all time lows.  The discussion covers a range of...

This week we discuss Enbridge's proposal to change their Mainline pipeline from 100 percent open for all shippers to 90 percent contracted - leaving only 10 percent available for everyone else. This monumental change is concerning, especially considering that the Mainline makes up 70% of all Canadian oil pipelines and the region is chronically short capacity.  Producers that represent half of...

This episode was recorded live on July 9th at the Scotiabank Stampede Event held in Calgary. On the podcast we analyze the results from audience polling questions, including: Are Canadian oil and gas equities fairly valued? What is the biggest issue facing the Canadian oil and gas industry? How fast will American oil supply grow? Is there a future for Canadian public junior and intermediate oil an...

This week we interview Pat Carlson CEO of Kiwetinohk Resources Corp. Pat has founded a number of successful Western Canadian entrepreneurial companies including; Passage Energy, Krang Energy, North American Oil Sands and Seven Generations. Pat had foresight by entering the oil sands and shale gas developments at an early stage. His latest venture is focused on the Duvernay play. Pat explains his p...

This week we interview Steve Laut the Executive Vice Chairman of Canadian Natural Resources that has risen to be Canada's largest oil and gas producer aided by recent acquisitions, including purchasing Shell Canada and Devon's oil sands assets. Steve explains that oil sands are no longer high cost or high carbon and more improvements are coming with CNRL’s aspirational goal to reach net...

Canadians take for granted that they have energy security. But on this week’s podcast we argue that Canada could be one of the least energy secure countries in the world when it comes to oil. The pipeline that connects Western Canada’s oilfields with Ontario and Quebec flows through the United States.  Now the State of Michigan wants to shut down this critical Enbridge Line 5 pipeline connection....

This week we introduce the need for new plan for reducing global GHG emissions, since the current one, that envisions a fast switch from fossil fuels to renewables is proving to be unrealistic. The recently published International Energy Agency World Energy Investment 2019 report illustrates why the current plan is not working; investment into renewables has plateaued at best; energy efficiency is...

On this week’s episode we interview Barbara Zvan, Director, Chief Risk & Strategy Officer for the Ontario Teachers’ Pension Plan. Barbara is a member of the Canadian Government’s Expert Panel on Sustainable Finance. After over one year of consulting with a diverse cross section of leaders and experts, the panel has released their final recommendations for increasing the amount of sustainable i...

Environmental, Social and Governance (ESG) focused investors have moved mainstream.  On this week’s episode we interview Patrick Bryden, Director, Equity Research at Scotiabank. Pat coauthored a must-read report titled “The Rise of ESG in Investment Research – In Search of the Right Elements”. His report makes a compelling case for ESG focused investing, referencing research that shows meaningful...

This week’s podcast gives our take on recent Canadian energy news headlines including the latest on the contentious Bill C-69 and Bill C-48, a Minnesota court ruling that could delay the Enbridge Line 3 pipeline, and the sale of Devon Energy’s oil sands assets to Canadian Natural Resources (CNRL).  We also talk about the big oil price drop over the past week. Please review our disclaimer at : http...

Oil and gas E&P share prices in both the United States and Canada have been underperforming compared to the broad indices. This week’s podcast discusses the causes and what it could turn things around.  A critical ingredient for improvement is that companies prove they can make money in an era of abundant supply and lower price levels, while lowering their Environmental, Social and Governance...

This week we interview Chris Slubicki President and CEO of Modern Resources, a Western Canadian oil and gas producer that is an environmental leader.  Chris is an advocate for the Canadian oil and gas industry, his video about the reality of global energy demand and Canada’s unique position for leadership has racked up 140,000 views. Our discussion covers a range of topics including the weak price...

Climate change is a pressing issue caused by greenhouse gas emissions. This week’s podcast examines global, US and Canadian emissions and ways to make reductions.  To compare GHG emissions in Canada and the United States, see past ARC Commentary “Canada’s GHG Emission Reality” .  We also reference a few papers in this podcast: one by Nature Conservancy that concluded natural solutions could achiev...

The Trump Administration announced the United States would not extend the sanction waivers for countries importing Iranian crude oil. This week’s podcast ponders the implications from the lost Iranian barrels along with other factors shaping global oil markets including US production, OPEC plus supply, and world demand growth. This podcast references Saudi Aramco’s Prospectus for their recent bond...

The Permian Basin has made the United States the world’s largest oil producer. The oil field is now the biggest in the world, producing more than Ghawar in Saudi Arabia.  This week’s podcast gives an on-the-ground perspective of the the giant oil play. As referenced in the podcast, here is a link to ARC commentary and trip photos, Betting on More Growth from the Permian .  Please review our discla...

Alberta voted for change on April 16th giving Jason Kenney’s United Conservative Party (UCP) a majority win. This week’s podcast reviews the UCP’s energy platform, providing a guide of what to expect next.  Please review our disclaimer at : https://www.arcenergyinstitute.com/disclaimer/

This week we interview Evan Wilson from the Canadian Wind Energy Association. Evan talks about the potential for more low cost wind farms in Saskatchewan and Alberta. Both provinces have excellent wind resources and require new generation projects due to the phase out of coal power. We explore the pros and cons of wind, and the potential for new commercial models that industrial consumers and comm...

This week we interview Ian Anderson the President and CEO of Trans Mountain Corporation, the proponent of the hotly debated TMX pipeline expansion project. Ian explains the history of the existing pipeline -- which moves crude oil and refined products from Alberta to Canada’s West Coast -- and the planned expansion project. The discussion covers a range of topics, including the Canadian government...

The energy world’s top leaders and influencers recently gathered in Houston for the annual IHS Markit CERAWeek. In this week’s podcast we discuss the major themes and takeaways of the conference that is often called the Super Bowl of the energy industry. As referenced in the podcast here is a link to videos of CERAWeek 2019 , also see related ARC commentary CERAWeek 2019: Trends and Transitions. P...

This week we interview Alex Pourbaix the President and CEO of Cenovus Energy, Canada’s largest SAGD oil sands producer. Alex explains that the oil sands are not what they used to be; new barrels are lower cost and lower carbon. The discussion covers a range of topics including; the Alberta Government’s production curtailment, pipelines and crude-by-rail, plus the potential for lower cost rail moda...

ARC Energy Research Institute debated Carbon Tracker on the risks of investing in fossil fuels at the Globe Capital Conference in Toronto last month. This week’s episode outlines the arguments and outcome of the debate. Next, we debunk the Economist February 6, 2019 lead article titled, “Crude awakening: The truth about Big Oil and climate change." The publication mistakenly argues that polic...

This week’s podcast covers the latest twist in the Canadian oil pipeline saga, the delay in the Enbridge Line 3 Replacement Project. The postponement increases the call on crude-by-rail from Alberta. We also update the status of the other major Canadian oil pipeline projects, the TMX and the Keystone XL. Please review our disclaimer at : https://www.arcenergyinstitute.com/disclaimer/

The Chinese economy is still very consequential to energy and oil demand, making up one-third of all global growth. In this week’s podcast, we consider the implications from slower Chinese economic growth and more electric vehicles. Next, we cover highlights from the recently released BP Energy Outlook, including how a single use plastic ban could impact oil demand. This podcast references a chart...

This week we interview Susannah Pierce, LNG Canada’s Director of External Relations. LNG Canada will be the first major LNG project in the country, planning to deliver 1.8 Bcf/d of gas from British Columbia’s west coast to Asian markets by the mid 2020s. In our discussion, we learn more about the LNG Canada project including stakeholder relations. We also talk about the many Canadian LNG advantage...

The US Green New Deal puts forward an aggressive plan for tackling climate change and social issues. On this week's podcast we explain the resolution, including why it could prove consequential. We also talk about the Cleantech sector, considering recent positive investment trends and the arguments for expanding the mainstream definition to include technology for greening oil and gas. Please...