-
Energy Policies of IEA Countries: Canada 2015 Review
…and investment in the energy sector over the past five years. The medium-term outlook for gas/oil production and exports, however, is challenging amid uncertainties around pipeline developments and an era of low prices, abundant global supplies and surging production in the United States, Canada’s main export market. Canada maintains the highest energy supply per capita among IEA member countries. Emissions from the oil and gas sectors increased by 14% in 2005-13, despite Canada’s low-carbon electricity mix (largely hydro and nuclear). The federal government, with the provinces, has put forward stringent energy efficiency and emission…
-
Energy Efficiency Potential in Canada
…long-term estimates of Canada’s maximum energy efficiency potential by end-use sector based in the modelling approach used in the IEA World Energy Outlook 2017. Canada is one of the world’s most energy-intensive economies owing to its large size, cold climate, high standard of living and expanding energy industry. Energy demand has grown at 0.8% per year on average for the past 15 years, and this rate of growth is projected to continue under the IEA Current Policies Scenario, which assumes no new policies or changes to policies already enacted. An alternative scenario, the Energy Efficiency Case…
-
Oil Market Report - June 2017
…a whole our outlook remains unchanged at 1.3 mb/d. In 2018, growth increases modestly to 1.4 mb/d as demand reaches a record 99.3 mb/d.Global oil supply rose by 585 kb/d in May to 96.69 mb/d as both OPEC and non-OPEC countries produced more. Output stood 1.25 mb/d above a year ago, the highest annual increase since February 2016. Gains were dominated by non-OPEC, particularly the US.OPEC crude output rose by 290 kb/d in May to 32.08 mb/d, the highest level so far this year, after comebacks in Libya and Nigeria…
-
Oil Market Report - February 2021
…fall by 1 mb/d in 1Q21 from already low 4Q20 levels, a more favourable economic outlook underpins stronger demand in the second half of the year. The incorporation of new data lowered the 2019 baseline by 330 kb/d.Global oil supply rose 590 kb/d in January, to 93.6 mb/d, as OPEC+ cuts eased and non-OPEC+ pumped more. In February, global output is set to fall as Saudi Arabia implements a sizeable voluntary cut. The outlook is improving for countries outside the OPEC+ alliance, with an 830 kb/d gain expected in 2021 versus a…
-
Energy Policies of IEA Countries: Canada 2000
Energy Policy Review Energy Policies of IEA Countries: Canada 2000 The International Energy Agency's 2000 review of Canada's energy policies and programmes. It finds that successful regulatory reform of the gas market has contributed to rapid growth in exports of gas to the US. Encouraged by potential trade benefits flowing from regulatory reform of the electricity market, and benefits flowing to Canadian consumers, some provinces have also undertaken major regulatory reform of the electricity industries in their jurisdictions. Development of Canada’s huge resources of oil sands and heavy oil have supplemented continuing development of conventional oil. These…
-
Oil Market Report - May 2023
…the country setting an all-time record in March at 16 mb/d. While the OECD is set to return to growth in 2Q23, its average 2023 increase of 350 kb/d pales in comparison with 1.9 mb/d in non-OECD gains.Significant outages in Iraq, Nigeria and Brazil were only partly offset by increases elsewhere, with global oil supply down by 230 kb/d to 101.1 mb/d in April. Steeper losses are in store for May as wildfires shut in Canadian barrels and extra cuts from some OPEC+ producers take effect. From April through December…
-
Oil Market Report - September 2018
…US. Non-OPEC production will grow by 2 mb/d in 2018 and 1.8 mb/d in 2019.OPEC crude supply rose to a nine-month high of 32.63 mb/d in August. A rebound in Libya, near record Iraqi output and higher volumes from Nigeria and Saudi Arabia outweighed a substantial reduction in Iran and a further fall in Venezuela.From August's record rate of 83.5 mb/d, global crude runs decline due to maintenance before surging in December to another record high of 84.5 mb/d. US refining is booming with runs almost reaching 18 mb/d in August, while…
-
Energy Policies of IEA Countries: Canada 2009
Energy Policy Review Energy Policies of IEA Countries: Canada 2009 Canada, with its diverse and balanced portfolio of energy resources, is one of the largest producers and exporters of energy among IEA member countries. The energy sector plays an increasingly important role for the Canadian economy and for global energy security, as its abundant resource base has the potential to deliver even greater volumes of energy.
-
Energy Policies of IEA Countries: Canada 2004
Energy Policy Review Energy Policies of IEA Countries: Canada 2004 This International Energy Agency review of Canada's energy policies and programmes systematically examines Canada's general energy scene and energy policy and then looks more specifically at energy and the environment, energy efficiency, policies and programs for specific types of energy, and energy R&D. It makes a series of policy recommendations, in particular with regard to meeting demand growth, emissions, efficiency, use of oil sands, and natural gas exploration.
-
Oil Market Report - February 2017
…leading to record initial compliance of 90% with the output agreement. Some producers, including Saudi Arabia, cut supply by more than required. Lower production was partly offset by higher flows from Libya and Nigeria, which are exempt from cuts.After falling by 0.8 mb/d last year, non-OPEC output will grow by 0.4 mb/d in 2017.Growth is mainly in the Americas, where higher prices are fuelling increased investments in US LTO activity and long lead-time projects are coming on stream in Brazil and Canada.OECD total oil stocks fell nearly 800 kb/d in…