Alberta Oil

OPEC Sets Up the Rollercoaster, Albertans Take a Ride (Again)

Susan Wright | Posted 12.17.2014 | Canada Alberta
Susan Wright

OPEC's decision to maintain production gives Mr. Prentice an opportunity to remake government. Instead of protecting Big Oil from OPEC, Mr. Prentice should protect Albertans from Big Oil by revamping Alberta's revenue structure and diversifying our economy so that Albertans will never experience another crash like the crash of 2015.

Alberta Starts To Cut Costs

CP | The Canadian Press | Posted 12.15.2014 | Canada Alberta

EDMONTON - Alberta is imposing some cost-saving measures to help deal with sharply falling resource revenues.Premier Jim Prentice announced Monday tha...

What Would Warren Buffett Do With Canadian Assets?

John McKay | Posted 12.09.2014 | Canada Business
John McKay

The short term problem is that Alberta has expensive oil which will make it challenging for all governments to achieve their fiscal goals. Revenues are down. Already we are seeing the incredible shrinking surplus of the Harper government. Medium term the market will right itself and business will pick up.

Just How Screwed Will Alberta Be If Oil Prices Continue To Fall?

The Huffington Post Alberta | Michelle Butterfield | Posted 11.17.2014 | Canada Alberta

A slump in Alberta's crude oil prices means the province's economy is slowing down, and many want to know what the future holds. Todd Hirsch, chie...

Prentice Slowly Changes Tune As Oil Prices Plunge

CP | Dean Bennett, The Canadian Press | Posted 11.17.2014 | Canada Alberta

EDMONTON - Alberta's provincial politicians begin their fall session this week with a reset legislative agenda and a new premier madly crunching numbe...

Could Alberta's Oil Boom Be Coming To An End?

CBC | Posted 11.12.2014 | Canada Alberta

Many Canadians have a love-hate relationship with the energy sector. We love it for the jobs but hate the fact that Canada is often seen as a clima...

Feds Holding Back Oil Patch Investment, Says Alberta

CBC | Posted 11.02.2014 | Canada Alberta

Alberta wants the federal government to reconsider changes to the Investment Canada Act that it says have discouraged foreign interest in the oil patc...

Is Prentice Concerned By Sliding Oil Prices?

The Huffington Post Alberta | Posted 10.16.2014 | Canada Alberta

Alberta Premier Jim Prentice says despite the falling price of crude oil, the province remains in good shape financially. That doesn't mean he's no...

Pipeline Alternative: Oil Via Rail?

CP | Steven Chua, The Canadian Press | Posted 03.07.2014 | Canada British Columbia

VANCOUVER - A task force report has been handed in to the British Columbia and Alberta governments that examines the idea of transporting oilsands' cr...

To Drill Or Not To Drill In Urban Areas.. That Is The Question

The Huffington Post Alberta | Posted 05.09.2013 | Canada Alberta

For the second time in a year, the Alberta government has promised to complete a review of the rules surrounding urban oil drilling and energy develop...

'There's No Such Thing As Ethical Oil'

The Huffington Post Canada | Posted 05.08.2013 | Canada Business

Former U.S. vice president Al Gore has torn a strip off the "ethical oil" campaign favoured by some backers of Canada's oil sands, telling an audience...

WATCH: Oil Tycoon Thanks Alberta For Making Him So Rich

The Huffington Post Alberta | Posted 05.07.2013 | Canada Alberta

Ever wonder how the world's oil tycoons feel about the royalty they are charged by the Alberta government? Movie theatre-goers can find out this month...

Refining Our Own Oil And Gas Would Make Us How Much?

CP | John Cotter, The Canadian Press | Posted 06.16.2013 | Canada Alberta

EDMONTON - Alberta could create thousands of new jobs and take in an extra $600 million in annual revenue if more oil and natural gas were processed i...

Oil Industry Insider Hired To Monitor Environmental Rules

CP | The Canadian Press | Posted 06.02.2013 | Canada Alberta

EDMONTON - The Alberta government has chosen an oil industry veteran to head up a new board in charge of monitoring environmental rules.Gerry Protti h...

Low Crude Prices Taking Toll

CP | The Canadian Press | Posted 03.31.2013 | Canada Alberta

TORONTO - A sharp drop in the price of Alberta heavy crude last month has pushed down the Scotiabank commodity price index by 4.6 per cent, despite in...

Guess The Biggest Climate Villain

CP | Bob Weber, The Canadian Press | Posted 03.24.2013 | Canada Alberta

Canada's oilsands are midway down the pack of the world's climate change villains, according to a new Greenpeace report ranking potential carbon emiss...

So This Is What The Rest Of The Country Thinks Of Alberta..

The Huffington Post Alberta | Posted 12.20.2012 | Canada Alberta

Nearly half of Canadians see a conflict between Alberta and the rest of the country — whether real or perceived — as cause for concern. But a s...

Energy Regulator Wants Feedback On Controversial Extraction Method

CP | The Canadian Press | Posted 02.16.2013 | Canada Alberta

CALGARY - A growing use of fracking in the oilpatch has Alberta's energy regulator looking for public input on new rules that could require companies ...

Greenpeace Spills On Pipeline Safety Review

CP | Bob Weber, The Canadian Press | Posted 02.08.2013 | Canada Alberta

EDMONTON - A review of pipeline safety commissioned by the Alberta government after a series of high-profile accidents was heavily influenced by indus...

Enbridge's Very Expensive Plan For Light Oil

The Canadian Press | Lauren Krugel | Posted 02.06.2013 | Canada Alberta

CALGARY - Enbridge Inc. and its U.S. affiliate are spending $6.2 billion on a series of projects to bring growing volumes of Alberta and North Dakota ...

'Quebecers Will Have Dirty Hands'

CBC | Posted 01.24.2013 | Canada Business

Quebec Premier Pauline Marois's willingness to examine a proposal to pipe Alberta oil and eventually oilsands crude to the province has some Quebec en...

They'll Take It

CP | The Canadian Press | Posted 01.16.2013 | Canada Alberta

FORT MCMURRAY, Alta. - A Liberal MP from Nova Scotia has paid a visit to the oilsands, saying that Alberta may be having struggles in accessing foreig...

Alberta's Oil Riches Driving Canada's Economic Growth This Year

CP | Lauren Krugel, The Canadian Press | Posted 12.09.2012 | Canada Alberta

CALGARY - Canada's economic growth is being driven by resource-rich Western provinces, according to a Bank of Montreal report released Tuesday.Alberta...

Enbridge Spends A Whopping $150M

CP | The Canadian Press | Posted 11.27.2012 | Canada Alberta

CALGARY - Enbridge Inc. is expanding tankage at its Athabasca Terminal to accommodate growing production from two of Suncor Energy Inc.'s oilsands pr...

Hey Nexen, What's the Chinese Word for "Treason"?

Peter Worthington | Posted 11.21.2012 | Canada Business
Peter Worthington

In a recent poll, 69 per cent of Canadians think the government should not approve the China's take-over of Calgary-based energy company Nexen. Doubtless, China needs energy sources. But it seems folly for a country like Canada to sell and loose control of a resource that is increasingly going to be needed in the future, and which will always have willing customers elsewhere. MP David Kilgour and others have pointed out that the government has an obligation to prevent control of its resources being in the hands or another country. Cooperate, sure, if a deal is in Canada's interests, but to cede control to a regime like China's is not only folly, but verges on treason.