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EDMONTON — The Alberta government has struck a panel to advise it on the best way to upgrade its energy industry. Energy Minister Marg McCuaig-Boyd said Thursday the seven-member panel will do researc...
A cyberattack on a pipeline could put Albertans or the environment at risk.
A flat five per cent royalty rate will be applied on wells until their revenues equal a cost allowance, after which rates will go up.
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"Industry's anxious to get this one past us and move on."
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"We're very, very conscious of the situation."
"We finally have an opportunity to diversify our economy.''
Government of Alberta
A panel is working on such a strategy for Notley.
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Both premiers are hoping for a renewed push for the pipeline.
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Once completed, the refinery will be able to process 50,000 barrels of bitumen a day.
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"Time to wine about oil."
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The best answer is to beef up Alberta's current system, the report suggests.
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Notley said that she has never advocated for the Keystone XL.
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The report cites Norway and Australia as having regimes that work well.
"It's absolutely the worst that we've seen the 21 years that I've been doing this."
The way the industry thinks about the areas of capital planning, budgeting and forecasting has to change, as priorities shift from identifying and finding opportunities to getting the most out of a portfolio of assets that often far exceed the available capital.
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The world is always reinventing itself, and for that growing number of organizations and their CFOs who desire or expect Finance to play more of a catalytic and strategic role, the key challenge is likely not in seeing the need but in overcoming a number of systemic barriers in their way.
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Though hardly out, oil is still down -- and the same goes for Canada's high-cost producers. And though this particular bust is not altogether like the last one, a comparison to the 1980s can be helpful.
CALGARY - The price tag for the controversial Keystone XL pipeline has risen by about half to US$8 billion, TransCanada Corp. (TSX:TRP) said Tuesday as the U.S. regulatory process drags into its seven...
A security expert in Calgary says this week’s shooting attack in Ottawa is a reminder that Alberta’s oil and gas industry makes the province a target-rich environment for would-be extremists. Paladin...
It's February 2014. Our strong energy sector has been the envy of the world ever since Greenpeace used our province as an example of responsible resource development because we've reduced our net carbon emissions every year since 2010, in spite of increased production from our oilsands.
Since the oil boom of the 1970's, many Alberta wives have called themselves "oil patch widows" due to work rotations that require their husbands to be away for weeks or months at a stretch. It is understandable how this physical separation can lead to an emotional disconnection between two people who are often leading separate lives.
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 in the province instead of being shipped raw to oth...
Alberta has long been the reigning champ when it comes to well-paying oil and gas jobs, with Canadians from every corner of the country changing industries and postal codes to get their piece of the p...
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 to submit development plans for entire regions at...
Athabasca Oil Corp. is the most recent addition to a growing interest of foreign firms to invest in Alberta's Oil and Gas Industry. Many companies have knocked on Alberta's door recently, including Ch...