February 26, 2021, 11:12 AM MST
The Alberta government is forecasting higher bitumen and crude oil royalties for the 2021/22 fiscal year, following a plunge the previous year as a result of COVID-19 and low oil prices.
February 25, 2021, 3:35 PM MST
Alberta’s natural gas and by-product royalties are forecast to climb to $467 million in 2021/22, $171 million, or 58 per cent higher than 2020/21.
February 25, 2021, 3:35 PM MST
February 25, 2021, 11:01 AM MST
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February 22, 2021, 11:06 AM MST
February 19, 2021, 11:03 AM MST
February 18, 2021, 11:23 AM MST
West Texas Intermediate (WTI) has been hovering around the US$60/bbl-level in recent trading sessions, and projections by some industry analysts and reserve evaluation firms point to a more optimistic short- to medium-term outlook.
February 17, 2021, 6 AM MST
February 17, 2021, 10:58 AM MST
Reserve evaluators such as Sproule Associates Limited, Deloitte, GLJ Ltd. and McDaniel & Associates Consultants Ltd., among other industry watchers, updated their commodity forecasts at year-end 2020 and the largest hikes were for near-term AECO assumptions.
February 16, 2021, 5:35 AM MST
February 16, 2021, 11:05 AM MST
The AECO spot has been above $3/GJ for most of the month of February and has surged this week to settle at $5.60/GJ Feb. 10 as a sustained period of bitterly cold weather has seen demand spike.
February 12, 2021, 9:20 AM MST
February 12, 2021, 11:17 AM MST
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February 10, 2021, 11:07 AM MST
February 10, 2021, 10:54 AM MST
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February 2, 2021, 11:08 AM MST
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