Alberta
News
October 31, 2019
The move is a boon to explorers constrained by the curtailment program imposed this year to stave off a collapse in western Canadian heavy crude prices brought on by a lack of pipeline space.
News
October 08, 2019
Canadian heavy oil prices have weakened ahead of an anticipated announcement that Alberta will ease production limits in exchange for shipping more crude by rail.
News
September 25, 2019
A Canadian federal court on Tuesday blocked an Alberta law that would have allowed the oil-producing province to cut or reduce fossil fuel shipments to its neighbor amid a dispute over the planned expansion of the Trans Mountain Pipeline.
News
September 17, 2019
Alberta Premier Jason Kenney, whose province produces more oil than most OPEC nations, has a message for environmentalists, investors and anyone else who will listen: The world needs more Canadian crude, and standing in the way is foolish.
News
September 16, 2019
Alberta Premier Jason Kenney says it’s likely his government will allow oil producers to exceed their provincially imposed output caps if they can ship those extra barrels by rail.
News
February 28, 2018
Canadian business investment is being weighed down for a fourth straight year by weakness in Alberta’s energy industry.
News
February 15, 2018
Cenovus Energy Inc. CEO Alex Pourbaix said the oil-sands producer will consider selling more of its holdings in Alberta’s Deep basin -- but not exiting the play entirely -- to speed up efforts to repair its balance sheet.
News
February 15, 2018
While TransCanada Corp. continues to weigh whether to build its long-delayed Keystone XL oil pipeline, the company announced another major expansion of its natural gas system in Alberta.
News
February 09, 2018
Cenovus Energy Inc. is deeply saddened to report that there has been a fatality at the company’s Christina Lake oil sands site, which is located about 350 km northeast of Edmonton.
News
February 02, 2018
Alberta is striking back at British Columbia after the neighboring Canadian province proposed restricting shipments of oil-sands crude in a bid to halt Kinder Morgan Inc.’s Trans Mountain project.
News
January 30, 2018
Total announces that the Fort Hills oil sands project located in Alberta, Canada, 90 km north of Fort McMurray, has achieved first oil.
News
May 18, 2017
The Alberta Securities Commission is reviewing an environmental group’s request to halt a $1.28 billion share sale that Kinder Morgan Inc. plans to help finance the expansion of its Trans Mountain pipeline.
News
April 24, 2017
Return Energy Inc. has acquired, through its wholly-owned subsidiary, Winslow Resources Inc., certain partner interests in its core area of Rycroft, north of Grande Prairie, Alberta, for cash consideration of $750,000 (subject to final adjustments).
News
February 08, 2017
Global Tubing, LLC, the industry leader in coiled tubing products and services, announces the opening of a new service center in Grand Prairie, Alberta, Canada.
News
January 13, 2017
MEG Energy Corp. is boosting production at its Christina Lake project in Alberta and tapped debt and equity markets for financing, further signs of a rebound in Canada’s oil patch as crude prices stabilize.