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Bullboard - Stock Discussion Forum International Petroleum Ord Shs T.IPCO

Alternate Symbol(s):  IPCFF

International Petroleum Corp. is a Canada-based international oil and gas exploration and production company. It has a portfolio of assets located in Canada, Malaysia and France. Its oil and gas assets in Canada are located in Alberta and Saskatchewan. The Suffield area oil and gas assets and the Ferguson oil asset are high quality conventional assets located in southern Alberta. Its principal... see more

TSX:IPCO - Post Discussion

International Petroleum Ord Shs > Great Seas of fire
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Post by Oldnagger on Jul 05, 2021 6:29pm

Great Seas of fire

The Mexican catastrophe has been seized upon by environmentalists as one more reason to shut down the petroleum Industry. It never ceases to amaze me about their naivety. The fire was probably deliberately set by Pemex to avoid the much more deleterious effects of releasing methane to the atmosphere. Methane is at least 40 times more potent as a GHG than the CO2 released by burning the methane. From now on foreign companies will probably think twice before torching any leaks !!
This brings me to my main point. Venezuela . there is increasing talk about bringing Venezuelan oil to the market. Venezuela has always been exceedingly negligent in their petroleum operations. there is no sign whatsoever they would be about to change. Environmentalists who attack the Canadian Heavy OIl industry should think about the alternatives and get off their lofty perches looking down on the rest of Us !!
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