Close X
Sunday, November 24, 2024
ADVT 
National

Canada to up oil, gas output 300,000 barrels a day

Darpan News Desk The Canadian Press, 24 Mar, 2022 12:05 PM
  • Canada to up oil, gas output 300,000 barrels a day

OTTAWA - Natural Resources Minister Jonathan Wilkinson says Canada can produce and export another 300,000 barrels of oil and natural gas per day as part of a global effort to displace Russian fossil fuels.

Wilkinson is in Paris for an International Energy Agency meeting, which was focused heavily on helping Europe reduce its strong dependence on Russia for oil and gas.

He says consultations with industry have identified that Canada can speed up production and also has the pipeline capacity to make small increases to its oil and gas exports by the end of this year.

That includes 200,000 barrels per day of oil and 100,000 barrels of oil equivalent per day of natural gas.

Wilkinson says Canada is "very open to the discussion" about what else it can do to help, including new natural gas terminals on the East Coast to export Canadian LNG to Europe.

But he says those investments are heavily dependent on understanding the amount of time it would take to get them running, and being able to ensure any new gas infrastructure is "ultralow emission" so it doesn't increase Canada's carbon foot print along the way.

MORE National ARTICLES

B.C. to ease COVID restrictions on masks, vax card

B.C. to ease COVID restrictions on masks, vax card
Starting on April 8, the B.C. vaccine card will no longer be required to access restaurants and other venues, while businesses can shift away from their COVID-19 safety plans.

B.C. to ease COVID restrictions on masks, vax card

Police officer recovering from stabbing injuries

Police officer recovering from stabbing injuries
Surrey police and Surrey RCMP were called to a home Wednesday evening for reports of a woman screaming and throwing things inside. Police say the suspect attempted to run from officers, prompting a brief foot chase.

Police officer recovering from stabbing injuries

Scrap drug decriminalization thresholds: coalition

Scrap drug decriminalization thresholds: coalition
To date, British Columbia, Toronto and Vancouver have asked Ottawa for section 56 exemption requests under the Controlled Drugs and Substances Use Act, which would decriminalize the possession of small amounts of substances like cocaine, heroine and fentanyl.

Scrap drug decriminalization thresholds: coalition

PBO: Inflation boosts spending on seniors' aid

PBO: Inflation boosts spending on seniors' aid
Federal health transfers are calculated to grow by at least three per cent each year, but the budget office says that health-care transfers are set to rise by almost five per cent year-over-year.

PBO: Inflation boosts spending on seniors' aid

Nanaimo, B.C., couple lose $400,000 in scam

Nanaimo, B.C., couple lose $400,000 in scam
A statement from police says the couple, who are both in their late 80s, were contacted by phone early last year. They were told they had won $18.5 million and a Mercedes-Benz but would have to pay administrative fees in order to collect.

Nanaimo, B.C., couple lose $400,000 in scam

Health workers emergency summit warns of burnout

Health workers emergency summit warns of burnout
Health workers have now endured two difficult years of pandemic conditions, leading to serious burnout across nearly all sectors of the health-care system.

Health workers emergency summit warns of burnout