Alberta Energy Minister Sonya Savage remains confident that a federal aid package for the distressed Canadian oilpatch is forthcoming but she says the slow pace of a rollout — especially the liquidity piece — is concerning.
April 7, 2020, 11:43 AM MDT
April 6, 2020, 7:50 AM MDT
Canada is continuing its conversations on the Russia-Saudi oil price war with the international community, including the Organization of Petroleum Exporting Countries (OPEC), Prime Minister Justin Trudeau said this morning.
April 3, 2020, 10:42 AM MDT
April 3, 2020, 8:33 AM MDT
April 3, 2020, 8:41 AM MDT
April 3, 2020, 8:07 AM MDT
April 2, 2020, 8:28 AM MDT
A bill currently before the Alberta legislature will expand the authority of the industry-funded Orphan Well Association (OWA), including the ability to use the fund to pay for costs associated with the full life cycle management of wells and well sites, facilities and facility sites and associated infrastructure.
April 2, 2020, 7:41 AM MDT
The Keystone XL pipeline which is essential for the economic future of Alberta would not be built — at least not for the foreseeable future — without financial assistance from the provincial government, Premier Jason Kenney said Tuesday.
April 1, 2020, 12 AM MDT
The scares of the duo-threat of COVID-19 and the current price war is dynamic and industry-wide, but junior and smaller intermediate companies in Canada’s oilpatch are more vulnerable than their larger brethren.
April 1, 2020, 9:22 AM MDT
The Alberta government will invest C$1.5 billion as equity in the Keystone XL pipeline and will backstop a $6 billion loan to enable TC Energy Corporation to begin immediate construction on the Alberta segment of the US$8 billion project.
March 31, 2020, 9:30 AM MDT
March 31, 2020, 7:45 AM MDT
In the first two articles of this series I put forth the thesis that the current oil price war was instigated by Russian President Vladimir Putin with the goal of causing substantial permanent damage to the U.S. shale industry, and the third article discussed three possible wildcards related to my thesis.
March 30, 2020, 6:52 AM MDT
The B.C. Ministry of Energy, Mines and Petroleum Resources will not be accepting posting requests and will not dispose of new petroleum and natural gas (PNG) tenure effective immediately.
March 26, 2020, 3:25 PM MDT
The Alberta government by early next week expects to have settled on a list of what constitutes critical infrastructure and essential services in the event of a province-wide shutdown in response to the COVID-19 outbreak, says Premier Jason Kenney.
March 26, 2020, 6:50 AM MDT
March 26, 2020, 8:07 AM MDT
A key task for the newly-appointed Alberta Economic Recovery Council will be looking at what the province can do to ensure the growth of the economy over the long term, and with it value-added high-paying jobs as it begins an expected recovery this fall, says the council’s chair.
March 25, 2020, 7:56 AM MDT
The federal government needs to take bold and unprecedented action to keep the Canadian economy from a complete collapse, starting with ensuring the future of its largest industry, the beleaguered energy sector, says Alberta Premier Jason Kenney.
March 24, 2020, 7:31 AM MDT
Dale Nally has been sworn in as Alberta’s associate minister of natural gas and electricity.
March 24, 2020, 11:31 AM MDT
Alberta’s energy industry will receive up to $113 million in relief following an announcement by the Alberta government that it will fund the Alberta Energy Regulator (AER) industry levy for six months as part of the action to protect jobs and provide immediate economic relief to the sector.
March 23, 2020, 6:59 AM MDT
While the federal government is promising assistance to help get the oilpatch back to work, fieldwork on well reclamations that are expected to be part of the package could be delayed because of the COVID-19 outbreak, says the executive director of the Orphan Well Association (OWA).
March 20, 2020, 11:36 AM MDT
At Clarke Lake in northeastern British Columbia, the oil and gas sector and clean energy converge as Geoscience BC evaluates the potential to repurpose natural gas fields to host a pilot plant to generate geothermal energy and heat.
March 19, 2020, 10:23 AM MDT
March 12, 2020, 7:47 AM MDT
“All options are on the table” for the Alberta government as it prepares to deal with the aftershocks caused by the collapse of the OPEC+ alliance, the coronavirus, and the looming impacts on the provincial economy.
March 9, 2020, 3:36 PM MDT
March 9, 2020, 8:22 AM MDT