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Related Articles (26)

Alberta launches support for indigenous groups to enter energy sector

Alberta Bill 14, the Alberta Indigenous Opportunities Corporation Act introduced recently, would set up a first-of-its-kind Crown corporation to facilitate Indigenous investments and job creation. The AIOC would make it easier for Indigenous communities to access funding, invest in major natural resources development projects and fuel their prosperity while helping to grow Alberta's natural resource sectors.

Suncor Energy announces 2019 capital program and production outlook

Suncor released its 2019 corporate guidance  which includes a capital program of between $4.9 and $5.6 billion and average upstream production of 780,000 to 820,000 barrels of oil equivalent per day (boe/d). The midpoints of these ranges represent a flat capital spend compared to 2018 and a year over year production increase of approximately 10%, including estimated mandatory production curtailments, from approximately 730,000 boe/d in 2018.

Alberta calls for production cuts to combat oil price gap

Alberta Premier Rachel Notley has announced a temporary slowdown in oil production in the province to try and combat low prices for Albertan oil driven by a lack of shipping capacity to U.S. refiners. That gap is costing the country more than $80 million daily, according to the Alberta government, which blames the troubles largely on the federal government's inability to move pipeline construction forward.

Oil Sands Advisory Group provides first round of advice to Alberta government

The government of Alberta has received the first round of consensus advice from its Oil Sands Advisory Group (OSAG). The group is composed of leaders from the oil sands industry, environmental groups, and affected communities. Its first task was to advise the province on growing oil sands production in compliance with its legislated 100 megatonne cap on annual emissions.

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Alberta names committee members for Energy Diversification Advisory group

An expert committee assigned to help diversify Alberta’s energy sector will explore opportunities to create jobs and stimulate investment by adding value to the province’s energy resources.

“We can’t live in the past. We need to build an economy of the future. That’s why I’m excited to have a diverse and talented group on board to provide their insights and expertise on how we can make better use of our wealth of energy resources," said Alberta Minister of Energy Margaret McCuaig-Boyd. "No other place in the world has the incredible range of energy resources that Alberta has, and we need to take a good look at how we can better use it all to create more jobs and investment for Albertans.”

Trio of oil sands proposals get initial green light from Alberta

The Alberta Government has approved proposals for three potential new oil sands projects, representing about $4 billion of potential investment into Alberta’s economy and about 95,000 barrels per day of production. These developments are:

  • The Blackpearl Resources Inc. Blackrod oil sands steam-assisted gravity drainage (SAGD) development
  • The Surmont Energy Ltd. Wildwood oil sands SAGD development
  • The Husky Saleski oil sands development

Alberta announces Oil Sands Advisory Group membership

The province of Alberta is establishing an Oil Sands Advisory Group (OSAG) composed of members from industry, environmental organizations, and Indigenous and non-Indigenous communities to advise government on the oil-sands aspects of its Climate Leadership Plan and ensure that its initiatives are effective and widely supported.