August 4, 2020, 2:29 PM MDT
The Invest Alberta Corporation (IAC), created under the Alberta Investment Attraction Act, comes into effect on July 31, and on Thursday, the government announced its board.
July 31, 2020, 10:10 AM MDT
In its new Liability Management Framework released today, the Alberta government for the first time will require the reclamation of inactive oil and gas well sites, rather than allowing companies to choose whether to do so.
July 30, 2020, 6:08 AM MDT
TC Energy Corporation says it expects to begin shipping another 50,000 bbls/d of earlier-contracted heavy crude on the Keystone pipeline in 2021 with the use of drag reducing agents (DRA).
July 30, 2020, 11:18 AM MDT
Alicia Dubois has been named the inaugural CEO of the Alberta Indigenous Opportunities Corporation (AIOC).
July 29, 2020, 7:23 AM MDT
Pieridae Energy Limited has received approval from Export Development Canada (EDC) for a $6 million guarantee facility as part of EDC’s Account Performance Security Guarantee (APSG) program.
July 29, 2020, 6:22 AM MDT
Using renewables such as wind turbines to electrify upstream oil and gas operations would allow for oil extraction with lower emissions per bbl, says Minister of Natural Resources Seamus O’Regan. He believes for Canada to attract investment in an increasingly environmentally-conscious world, such “outside-the-box” thinking is necessary.
July 27, 2020, 10:48 AM MDT
July 22, 2020, 3:31 PM MDT
Alberta government legislation that would give the Alberta Energy Regulator final authority on energy projects actually increases uncertainty and delay for industry, rather than reducing red tape, Fort McKay First Nation has warned.
July 20, 2020, 11:24 AM MDT
When Alberta launched its Site Rehabilitation Program (SRP) less than two weeks after the federal government announced $1 billion in funding for the province, Phase 1 of that program was intended as a pilot, says Elizabeth Aquin, interim president and chief executive officer of the Petroleum Services Association of Canada (PSAC).
July 17, 2020, 6:33 AM MDT
July 17, 2020, 12 AM MDT
July 17, 2020, 7:56 AM MDT
The Alberta government is taking measures to strengthen the ability of Indigenous groups to participate in the federally-funded $1 billion Site Rehabilitation Program (SRP), Premier Jason Kenney said Tuesday.
July 16, 2020, 12 AM MDT
The Alberta government will reassess applications from oilfield service companies whose applications in the first two periods of the Site Rehabilitation Program (SRP) were declined because of administrative errors, says Energy Minister Sonya Savage.
July 16, 2020, 5:07 AM MDT
July 16, 2020, 8:33 AM MDT
The Alberta Energy Regulator (AER) has hired John Weissenberger, a geologist and former campaign manager to Alberta Premier Jason Kenney, as vice-president, technical science and external innovation.
July 15, 2020, 1:43 PM MDT
July 15, 2020, 7:38 AM MDT
ATB Financial, which acquired the Class B shares of AltaCorp Capital earlier this year, has brought that team together with some ATB capital market specialists, creating ATB Capital Markets to provide access to capital for local companies.
July 14, 2020, 11:10 AM MDT
Statistics Canada has the governance structure established for the new Canadian Centre for Energy Information (CCEI) and is expected to roll out the initial incarnation of the website by late summer or early fall.
July 13, 2020, 6:02 AM MDT
Joe Biden has made it crystal clear that the U.S. will once again lead the battle against climate change if he is elected president in November. He has been less forthright about his plans for the U.S. oil and gas industry, by all appearances to avoid alienating the Progressive wing within his own Democratic Party.
July 13, 2020, 6 AM MDT
July 13, 2020, 7:47 AM MDT
July 13, 2020, 8:36 AM MDT
The Alberta Petrochemicals Incentive Program (APIP) announced Thursday by the Alberta government will “move the needle” when it comes to attracting major new petrochemical projects, says an industry official.
July 10, 2020, 12 AM MDT
Citing the potential to attract $30 billion of private sector investment by 2030, the Alberta government this morning announced the Alberta Petrochemicals Incentive Program (APIP), a new 10-year grant program.
July 9, 2020, 11:45 AM MDT
The federal government’s $1.7 billion program to clean up orphan and inactive wells in Alberta, Saskatchewan and B.C. remains a reason for optimism within the oilfield services space, heard this week’s TD Securities Inc. Virtual Energy Conference, although the money is taking some time to reach the companies that need it.
July 8, 2020, 10:43 AM MDT