Canadian Broadcasting Corporation News

Global Supply Chain Security

In this timely work, James Giermanski describes the advent and subsequent development of security operations in the global supply chain, outlining the respective contributions of governmental and nongovernmental stakeholders to this worldwide concern. Global Supply Chain Security explores the potential impact of port-related catastrophic events in the United States and their effects worldwide, concentrating, in particular, on the United States’ contribution to global container security. Offering insights on deficiencies in U.S.

First Orphan Basin Oil Exploration for mid-August

In mid-August, Chevron Canada will drill the first exploratory well in the Orphan Basin. According to industry experts, the exploration of the Orphan Basin could mean the beginning of a new and potentially lucrative phase of Newfoundland and Labrador’s offshore oil industry. The basin is in an area that has not been explored before, where the weather is harsh and the water is deep. However, the potential is massive — the Orphan Basin could hold more oil than the Jeanne D'Arc Basin on the Grand Banks, which is home to the Hibernia field, the Terra Nova field, as well as the White Rose and Hebron projects. However, some caution that it's too soon to know exactly what the Orphan Basin may hold.