Plus ça change: Quebec reverses fracking ban
The province will allow the technique. But it may be too little too late
Quebec's National Assembly has taken the first steps to reversing a decade-long ban on hydraulic fracturing, moving closer to opening what could prove to become one of North America's largest shale plays. The province was the first Canadian jurisdiction to implement a formal fracking moratorium, in 2006, then moving to implement a full ban in 2014. But the new Liberal government has now reversed course by issuing drilling licences to a local partnership led by Montreal's Pétrolia, called Hydrocarbures Anticosti, to conduct a C$100m ($70m) exploration programme on Anticosti Island in the Gulf of St Lawrence, off Canada's east coast. Drilling on the remote outpost has gone on for decades. Thes
Also in this section
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat






