The Canadian oil and gas industry is in crisis, with volatile prices, regulatory issues, and market access and diversification concerns driving down capital investment, according to the third annual Daily Oil Bulletin Industry Survey. Industry puts the blame for its predicament squarely on the shoulders of the federal and Alberta governments, according to the survey, which was completed in December 2018.
April 16, 2019, 10:41 AM MDT
The governments of Canada and Newfoundland and Labrador have launched a regional assessment of offshore oil and gas exploratory drilling.
April 16, 2019, 12 AM MDT
Alberta UCP Leader Jason Kenney says that if elected premier his government would consult industry on changes to the province’s methane regulations to minimize costs to industry, although he isn’t promising to scrap them.
April 15, 2019, 6 AM MDT
Jason Kenney wants the government of Alberta to do more to encourage investment in petrochemical projects. If elected on Tuesday, the United Conservative Party will build on the incentive programs put in place by Premier Rachel Notley in order to make Alberta petrochemicals more competitive with other jurisdictions, Kenney told the DOB.
April 15, 2019, 6 AM MDT
Ottawa watchers remain mesmerized by the debacle surrounding a deferred prosecution agreement for SNC-Lavalin. The ejection of Jody Wilson-Raybould and Jane Philpott from the Liberal caucus is one of the latest developments.
April 15, 2019, 6 AM MDT
Canadian senators in Calgary Tuesday to seek input on the federal government’s proposed Bill C-69 were hit with a barrage of opposition to the legislation, including from pipeline companies who warned it could kill new projects.
April 10, 2019, 7:37 AM MDT
Imperial Oil Limited is being met with surprise, confusion and concern about Canada’s regulatory actions in 100 per cent of its investor meetings, senior vice-president Theresa Redburn told senators studying the proposed Bill C-69 in Calgary on Tuesday.
April 10, 2019, 11:21 AM MDT
Two groups representing the future of the oil and gas industry — the Young Women in Energy and the Young Pipeliners Association of Canada — urged senators Tuesday to amend the federal government’s Bill C-69.
April 10, 2019, 10:29 AM MDT
The federal government’s proposed Bill C-69 is a good bill that should be approved without amendments, retired Liberal Senator Nick Taylor told the Senate’s energy and environment committee Tuesday in Calgary.
April 10, 2019, 11:06 AM MDT
April 10, 2019, 8:56 AM MDT
A new coalition of municipalities gave a senate committee an earful on the concerns “unique to municipalities” in the federal government’s proposed Bill C-69.
April 10, 2019, 11:33 AM MDT
With Bill C-69, Justin Trudeau’s federal government has “pretty well declared war on the oil and gas industry,” according to Michael MacDonald, vice-chair of the Senate committee that is touring cross-country to hear from Canadians about the proposed legislation.
April 9, 2019, 11:08 AM MDT
April 9, 2019, 8:06 AM MDT
April 9, 2019, 8:12 AM MDT
A ruling Alberta Party would develop an energy vision that ensures a fair price for the province’s oil and gas resources, the party outlines in its 2019 election platform.
April 8, 2019, 9:07 AM MDT
The Alberta Liberal Party would cancel the NDP’s oil-by-rail shipping plan if the party forms the next provincial government.
April 8, 2019, 8:46 AM MDT
The Senate’s energy and environment committee studying the federal government’s Bill C-69 will be hearing from a wide range of Albertans when it comes to Calgary April 9.
April 5, 2019, 8:41 AM MDT
The federal government’s proposed Bill C-69 essentially dismantles rather than modernizes the National Energy Board, risking the loss of decades of legal precedents, a Senate committee studying the bill heard this morning.
April 4, 2019, 11:51 AM MDT
I’m thrilled to see the federal and Alberta governments talking about a possible large Aboriginal stake in the Trans Mountain crude pipeline, assuming completion of the expansion project.
April 3, 2019, 9:17 AM MDT
Changes in the regulatory environment are one of the key factors affecting the competitiveness of the Canadian pipeline industry, according to a report commissioned by the Canadian Energy Pipeline Association (CEPA).
April 3, 2019, 10:48 AM MDT
Had former Conservative prime minister Stephen Harper’s Turning the Corner policy been implemented as proposed in 2007, Canadians would have faced a $25 per tonne carbon tax in 2010, rising to what was estimated at the time to reach $65 in 2020 — more than twice the $30 level mandated by the current federal government for next year.
April 2, 2019, 6 AM MDT
Should the Alberta carbon tax be scrapped by a future government, as promised by the official opposition in the current election campaign, the imposition of the federal carbon tax that would replace it is unlikely to have much impact on the oil and gas industry, says a University of Calgary economist.
April 2, 2019, 6 AM MDT
The Jason Kenney-led United Conservative Party released its election 2019 platform and defending the province’s embattled oil and gas sector was front and centre.
April 2, 2019, 6 AM MDT
In its election 2019 platform document released Sunday, the Rachel Notley-led New Democrat Party (NDP) vows to get Alberta oil to new markets through new pipeline capacity while “creating more value and jobs” from Alberta oil.
April 2, 2019, 6 AM MDT
April 2, 2019, 7:50 AM MDT