the COVID-19 pandemic has reduced the global demand for oil and gas. But while the downturn is causing similar damage to what was suffered after the cod collapse, some are wondering if the dark days of the 1990s can provide a road map to get through the current crisis.
Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics but whose leadership was also marred by corruption convictions, died on Sunday. He was 78.
Democrat Joe Biden's remark that he would "transition" away from oil in the U.S. in favour of renewable energy drew quick attention Thursday night from U.S. President Donald Trump, who saw it as a boon to his election chances in key states.
According to Alberta's ministry of energy, the provincial government will no longer set monthly production limits as of December in an effort to "utilize available pipeline capacity and create jobs."