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Chris Varcoe

Chris Varcoe

Calgary Herald

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Varcoe: Canadian oilpatch not 'out of the woods yet' as tariff threat looms on Feb. 1

Varcoe: Canadian oilpatch not 'out of the woods yet' as tariff threat looms on Feb. 1
tuesday 20

Calgary Herald

Chris Varcoe

Varcoe: TMX pipeline could move more oil abroad if U.S. tariffs target Canadian energy

Varcoe: TMX pipeline could move more oil abroad if U.S. tariffs target Canadian energy
17.01.2025 10

Calgary Herald

Chris Varcoe

Varcoe: 'Just plain dumb' — Experts warn Canada against using energy as weapon in tariff dispute

Varcoe: 'Just plain dumb' — Experts warn Canada against using energy as weapon in tariff dispute

'If Trump puts the tariff on it, American refiners and consumers are going to scream … Let them do the yelling for us'

15.01.2025 8

Calgary Herald

Chris Varcoe

Varcoe: Brace for bigger discount on Canadian oil — and potential Alberta deficit — with U.S. tariffs on the way

Varcoe: Brace for bigger discount on Canadian oil — and potential Alberta deficit — with U.S. tariffs on the way

If levies are placed on Canadian oil and gas moving south, refiners in the U.S. and American motorists could end up shouldering higher costs, but...

14.01.2025 30

Calgary Herald

Chris Varcoe

Varcoe: No 'knee-jerking' — Canadian oilsands output expected to climb 6% in 2025 amid political upheaval

Varcoe: No 'knee-jerking' — Canadian oilsands output expected to climb 6% in 2025 amid political upheaval
12.01.2025 2

Edmonton Sun

Chris Varcoe

Varcoe: No 'knee-jerking' — Canadian oilsands output expected to climb 6% in 2025 amid political upheaval

Varcoe: No 'knee-jerking' — Canadian oilsands output expected to climb 6% in 2025 amid political upheaval

Across Western Canada, total upstream spending is on track to climb by nine per cent, based on guidance issued from public companies

10.01.2025 3

Calgary Herald

Chris Varcoe

Varcoe: 'Parallel realities' — Federal emissions cap lurches on in Ottawa as the ground shifts for Canada

Varcoe: 'Parallel realities' — Federal emissions cap lurches on in Ottawa as the ground shifts for Canada

'There's Ottawa, and then there's what's happening in the real world. And we need to focus on what's happening in the real world,' said Perrin Beatty,...

09.01.2025 10

Calgary Herald

Chris Varcoe

Varcoe: 'We are very exposed' — Canadian businesses fear fallout as Trump ratchets up tariff threats

Varcoe: 'We are very exposed' — Canadian businesses fear fallout as Trump ratchets up tariff threats

The prime minister is stepping down and incoming U.S. president Donald Trump is upping the ante on his tariff threats on Canada, saying Tuesday he...

08.01.2025 10

Calgary Herald

Chris Varcoe

Varcoe: 'Good riddance' — Canada's oilpatch reacts to Trudeau's resignation

Varcoe: 'Good riddance' — Canada's oilpatch reacts to Trudeau's resignation

A dozen years ago, Justin Trudeau’s first speech as an official Liberal leadership candidate in Calgary seemed to extend an olive branch to...

07.01.2025 5

Calgary Herald

Chris Varcoe

Varcoe: 'Groundbreaking' — Canada's LNG industry set to launch as energy sector enters new year

Varcoe: 'Groundbreaking' — Canada's LNG industry set to launch as energy sector enters new year

It’s taken more than a dozen years to reach this point, but get ready for Canada’s long-awaited LNG industry to finally start up in 2025. As the...

04.01.2025 4

Calgary Herald

Chris Varcoe

Varcoe: 'Fish or cut bait' — Critical year ahead for Pathways Alliance's $16.5B carbon capture network

Fish or cut bait. More than three years after the Pathways Alliance oilsands group first announced plans for a proposed $16.5-billion carbon...

31.12.2024 3

Calgary Herald

Chris Varcoe

Varcoe: Q&A with WestJet CEO Alexis von Hoensbroech on 2024 challenges, 'optimism' for 2025

WestJet had a bumpy journey at some moments in 2024, enduring its first strike, a massive hailstorm in Calgary that damaged 10 per cent of its...

27.12.2024 5

Calgary Herald

Chris Varcoe

Varcoe: Alberta's Top 10 business stories of 2024

Jasper is one of the jewels of Canada, and pictures of a wildfire sweeping through the community were etched into the minds of Albertans in late...

26.12.2024 3

Calgary Herald

Chris Varcoe

Varcoe: Alberta set to lead country in economic growth, but Trump tariffs could bring recession, cost 52,000 jobs, if fully adopted

Two new reports predict Alberta will lead the country in economic expansion next year, but uncertainty surrounding the threat of U.S. tariffs hangs...

19.12.2024 10

Calgary Herald

Chris Varcoe

Varcoe: If counter-tariffs are a no-go, what will Alberta do if U.S. levies hit oil and gas?

Premier Danielle Smith believes it would be a terrible idea for Canada to impose counter-tariffs on oil and gas shipped to the U.S., but doesn’t...

17.12.2024 10

Calgary Herald

Chris Varcoe

Varcoe: Three oilsands majors plan to boost output next year, despite threats of Trump tariffs

If three of Canada’s largest oil producers are nervous about the upcoming year’s challenges — from volatile prices to potential U.S. tariffs on...

13.12.2024 80

Calgary Herald

Chris Varcoe

Varcoe: ‘Lead with energy’ - In face of Trump tariff threats, Smith seeks U.S. allies during visit with governors

Premier Danielle Smith sat down with several U.S. governors in Las Vegas this week, hoping to hit the jackpot and find allies as Canada faces the...

11.12.2024 6

Calgary Herald

Chris Varcoe

Varcoe: Mr. Wonderful, Kevin O'Leary, proposes 'Wonder Valley' AI data centre park in Alberta

If you’re going to do something audacious, go really big. Entrepreneur Kevin O’Leary, also known as Mr. Wonderful on TV shows Shark Tank and...

10.12.2024 10

Calgary Herald

Chris Varcoe

Varcoe: 'An egregious overstep' — Private sector launches lawsuit against Ottawa's Bill C-59

Chilling effect. Those two words strike at the heart of a new lawsuit filed against the federal government over its contentious...

06.12.2024 4

Calgary Herald

Chris Varcoe

Varcoe: Alberta rolls out plan to attract data centres, eyes $100B investment over five years

The Alberta government has released its first road map to attracting massive AI-focused data centres to the province, and Technology Minister Nate...

04.12.2024 10

Calgary Herald

Chris Varcoe

Varcoe: Forget reviving KXL pipeline — look west to export more Canadian energy

Premier Danielle Smith mused this week about finding ways to “derisk” the moribund Keystone XL pipeline project that would ship more oil into...

29.11.2024 7

Calgary Herald

Chris Varcoe

Varcoe: Alberta set to roll out hurdles for federal emissions cap on oilpatch

The Alberta government is set to adopt a new toolbox of measures under its sovereignty act to fight a federal emissions cap on the oil and gas...

27.11.2024 6

Calgary Herald

Chris Varcoe

Varcoe: 'Companies are hiring': Employment in oilpatch hits highest point since 2015

It’s been a tumultuous decade for thousands of workers in Canada’s oil and gas industry, but a new report notes employment across the sector...

26.11.2024 4

Calgary Herald

Chris Varcoe

Varcoe: Slowing population boom, uncertain oil prices cloud Alberta's economy for 2025

Two powerful engines have helped Alberta’s economy lift off in the past two years: exceptional population growth and strong oil prices. What...

23.11.2024 4

Calgary Herald

Chris Varcoe

Varcoe: No longer taking big swings on projects, TC Energy advances more secure plays in gas and power

Sometimes, a team doesn’t need to hit a grand slam — and risk a strikeout — to win the game, when a series of base hits will do just nicely....

20.11.2024 3

Calgary Herald

Chris Varcoe

Varcoe: 'Stay hungry': Investment rises for Calgary tech firms as growing sector matures

After finally outpacing B.C.-based firms in pulling in venture capital investment during the first half of the year, Alberta tech firms slipped...

19.11.2024 20

Calgary Herald

Chris Varcoe

Varcoe: Alberta premier 'not worried' about U.S. tariffs on energy, heading to Trump's inauguration

Premier Danielle Smith doesn’t think Canadian oil and gas will face a Trump tariff once the former U.S. president returns to the White House next...

15.11.2024 5

Calgary Herald

Chris Varcoe

Varcoe: Don't vilify Alberta industries — environment minister to make case at COP29

Environment Minister Rebecca Schulz has journeyed to Azerbaijan for the COP29 international climate summit, armed with data she thinks will help...

13.11.2024 4

Calgary Herald

Chris Varcoe

Varcoe: Trump, tariffs and Alberta's energy sector with a returning president

With Donald Trump set to become the next U.S. president, will Keystone XL will be back on the table? Will the incoming president’s pledge to impose...

07.11.2024 3

Calgary Herald

Chris Varcoe

Varcoe: TransAlta eyes data centre potential, prepares Alberta sites to be 'turnkey ready'

Power generators are eyeing the potential for data centres to set up shop in Alberta, with TransAlta Corp. saying Tuesday it’s talking with major...

06.11.2024 3

Calgary Herald

Chris Varcoe

Varcoe: 'Another power grab' — Get ready for a legal scrap over Ottawa's emissions cap

See you in court. That’s the core message from Alberta after it finally had a chance Monday to review the federal government’s long-awaited...

05.11.2024 5

Calgary Herald

Chris Varcoe

Varcoe: Ottawa to roll out contentious oilpatch emissions cap — 'not intended to keep oil in the ground,' says Wilkinson

The Trudeau government’s draft regulations to cap oil and gas sector emissions will be unveiled Monday, with Ottawa insisting a planned 35 per...

04.11.2024 2

Calgary Herald

Chris Varcoe

Varcoe: 'A nation-building project' — As oil producers tout TMX startup, attention turns to LNG Canada's debut

Two magnetic forces are pushing the Canadian oil and gas sector in different directions today: depressed natural gas markets and the positive pull...

01.11.2024 3

Calgary Herald

Chris Varcoe

Varcoe: 'Mind-blowing' — Huge data centre projects join Alberta's power lineup

In May, the Alberta Electric System Operator tracked several proposed data centres that wanted to connect to the province’s transmission system....

30.10.2024 3

Calgary Herald

Chris Varcoe

Varcoe: New $750M data centre to be built in Calgary area, the largest in Alberta

Alberta has made a giant push to attract billions of dollars of data centres to the province, and it’s about to land a major new project....

29.10.2024 40

Calgary Herald

Chris Varcoe

Varcoe: From farmers and stock exchanges to oilpatch, concerns mount over Ottawa's anti-greenwashing rules

What are your key concerns about the incoming oil and gas emissions cap? It seemed like a straightforward question posed to an oil and gas industry...

26.10.2024 3

Calgary Herald

Chris Varcoe

Varcoe: Whitecap boosts budget for 2025 amid volatile oil prices, and uncertain outlook for gas

Whitecap Resources CEO Grant Fagerheim has a few handy numbers at his fingertips to encapsulate the state of Canada’s oil and gas sector today,...

24.10.2024 3

Calgary Herald

Chris Varcoe

Varcoe: GE Vernova plans big CCUS project in Alberta, amid 'significant uncertainty'

Getting carbon capture projects to the starting blocks has proven a difficult haul in Alberta, but another corporate heavyweight is pitching a...

23.10.2024 5

Calgary Herald

Chris Varcoe

Varcoe: Massive oilsands carbon capture project gains 'hope' after Wilkinson, Freeland meet with Pathways Alliance

Canada’s Natural Resources Minister Jonathan Wilkinson seemed to be running out of patience with the country’s biggest oilsands producers this...

18.10.2024 2

Calgary Herald

Chris Varcoe

Varcoe: 'No-brainer' fixes to get things built in Canada, boost productivity

Canada has a productivity headache that’s turning into a fierce migraine — but there are a few tonics we should take. The country can adopt some...

17.10.2024 10

Calgary Herald

Chris Varcoe

Varcoe: 'It's Step 1' — Green Line is alive, but much more required to fully reanimate once-dead project

What’s a more difficult feat: deciding to bring something back from the dead, or actually pulling it off? Calgarians are about to find out when...

12.10.2024 10

Calgary Herald

Chris Varcoe

Varcoe: Talk of Trump tariffs seen as 'quite low' risk for Canadian energy, Alberta oilpatch and U.S. experts say

Be concerned — very concerned. That was essentially one of the messages former U.S. ambassador to Canada Bruce Heyman delivered to a Calgary...

11.10.2024 10

Calgary Herald

Chris Varcoe

Varcoe: Weak gas prices — dipping into negative territory — push some western Canadian producers to shut in output

Natural gas prices in Western Canada stumbled into negative territory last month, creating a sticky situation for petroleum producers facing a...

09.10.2024 2

Calgary Herald

Chris Varcoe

Varcoe: Two decades, 23 deals and $33B in M&A — Canadian Natural Resources keeps on growing, as Chevron exits Alberta

Whenever international oil and gas companies are heading for the exits or selling major properties in Canada, one company always seems to be at the...

08.10.2024 8

Calgary Herald

Chris Varcoe

Varcoe: Investment poised to grow in Alberta into 2025, as economy strengthens and interest rates fall

A Louisiana-based company announced Thursday it’s developing a new multimillion-dollar facility and putting its Canadian headquarters squarely in...

04.10.2024 4

Calgary Herald

Chris Varcoe

Varcoe: Electricity key to tapping Alberta's $100B potential of data centres

The data centre train is preparing to leave the station, with AI as the conductor. Will Alberta be a prime destination, or simply a whistle-stop...

03.10.2024 20

Calgary Herald

Chris Varcoe

Varcoe: A 'new beginning' for South Bow Corp. as demand for oil — and pipelines — keeps rising

A new multibillion-dollar pipeline company officially premiered on Tuesday, with South Bow Corp. spinning out of TC Energy Corp. and its shares...

02.10.2024 4

Calgary Herald

Chris Varcoe

Varcoe: 'Love it or hate it', oil demand still growing despite federal claims

BANFF — Canada’s Natural Resources Minister Jonathan Wilkinson turned some heads this week by declaring that global demand for oil will plateau...

28.09.2024 30

Calgary Herald

Chris Varcoe

Varcoe: 'Supercharge the sector' — business leaders push natural resources to boost Canada's productivity

Canada has a persistent productivity problem that will require some savvy solutions. Canadian business leaders think they have part of the answer:...

17.09.2024 9

Calgary Herald

Chris Varcoe

Varcoe: Keystone XL, Green Line and what happens when mega-projects meet mega-politics

What gets built first, the Keystone XL pipeline or Calgary’s Green Line LRT project? One project is dead and buried — colder than super-chilled...

14.09.2024 6

Calgary Herald

Chris Varcoe