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Government of Alberta

Address PO Box 1333, Edmonton, AB, T5J 2N2, CA
Phone 310-0000 or 1-780-427-2711 outside Alberta
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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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