Alberta
News
March 22, 2019
Trying to fix the crude market has been hard enough for OPEC. Alberta’s go at it is proving a bigger challenge than the oil-rich Canadian province anticipated.
News
March 07, 2019
Drillers are moving ahead in a corner of Canada’s oil sands that saw a flurry of land grabs in recent years, unfazed by a glut of crude that depressed prices last year and the mandatory production cuts that followed.
News
February 27, 2019
A relentless increase in production from Alberta’s oil sands and higher crude prices in the first half of the year are powering the province’s budget through a pipeline shortage that has weighed on economic growth.
News
February 26, 2019
Alberta oil producers have found a way around production limits imposed on them by the provincial government: buy the right to pump barrels from other companies that don’t need them.
News
February 19, 2019
Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture.
News
February 11, 2019
Canada’s oil sector may soon get a more combative advocate in the Alberta premier’s office.
News
February 06, 2019
Suncor Energy Inc. CEO Steve Williams said he expects Alberta’s mandated oil-production cuts to end earlier than planned after the program boosted heavy crude prices so much that it made purchases unprofitable for U.S. refiners.
News
January 30, 2019
The sugar high from Alberta’s crude curtailment program may be wearing off.
News
January 21, 2019
A month into Alberta’s mandatory oil curtailment and rationing on the country’s biggest heavy-crude export pipeline system has eased, but very little.
News
January 20, 2019
Alberta’s crude curtailment plan has caused a dramatic rise in the price of heavy Canadian oil. But for shares of energy companies, it hasn’t been as much of a help.
News
January 13, 2019
Output cuts in oil-rich Alberta and Saudi Arabia are combining to leave heavy-crude refiners from the Gulf of Mexico to Asia in a bind.
News
January 10, 2019
Alberta’s government maintained its mandated oil curtailment in February at the same level as January even as Canadian heavy oil prices surged.
News
December 18, 2018
The Canadian government announced $1.1 billion (C$1.5 billion) in loans for the oil and gas sector, as well as some government funding for unspecified projects, after a supply glut sank heavy crude prices to as low as $13.46/bbl last month.
News
December 17, 2018
The Canadian Association of Petroleum Producers (CAPP) would like to thank the Alberta Energy Regulator (AER) for the opportunity to provide feedback regarding the significance of challenges associated with fluid disposal in Alberta.
News
December 12, 2018
Alberta’s plan to boost crude prices through mandatory production cuts is working a little too well.
News
December 10, 2018
Alberta’s oil-production curtailment plan has largely accomplished its mission -- even before it has gone into effect.
News
December 03, 2018
Canadian heavy crude strengthened the most since June after the Alberta government mandated production cuts across the province.
News
December 03, 2018
A new threat looms for Canada’s largest oil producing province, even as it imposes mandatory output cuts to ease a glut that has driven down crude prices.
News
December 02, 2018
Premier Rachel Notley has announced the temporary measure in response to the historically high oil price differential that is costing the national economy more than $80 million per day.
News
November 29, 2018
Alberta Premier Rachel Notley reiterated her call for Canadians to support new oil pipelines and improve two energy bills at a speech in Toronto, but made no mention of whether she’ll mandate crude-production cuts.
News
November 25, 2018
Canadian Finance Minister Bill Morneau is signaling he won’t cough up money for new rail cars to ship Alberta oil, saying it would take months and wouldn’t solve the current price collapse.
