The Canadian Association of Petroleum Producers (CAPP) says it looks forward to reviewing British Columbia’s newly-introduced oil and gas royalty system framework — to fully understand its details — while also talking with the province to ensure there is a “smooth and equitable transition” to the new royalty regime.
May 20, 2022, 10:52 AM MDT
With global demand for helium on the rise, industry interest in exploring Alberta’s helium potential is growing. That’s why the Alberta government has established a new royalty rate — 4.25 per cent — and structure, to help set the stage for investment, while ensuring a fair price for Albertans.
May 13, 2020, 4:04 PM MDT
What a difference a year has made.
January 31, 2017, 7:23 AM MST
Every rig that starts up in Alberta equates to 135 direct and indirect jobs, says the minister of energy, which is good news for the province as it receives plenty of applications for early adoption of the new royalty framework.
August 18, 2016, 11:49 AM MDT
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