Alberta

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.
News
November 20, 2018
Alberta will pursue building new refineries as the oil-rich Canadian province looks to weather a crude price crunch, while a forced production cut also remains an option.
News
October 09, 2018
Alberta Premier Rachel Notley said the province may soon announce more plans to help the local energy industry reap more value from its resources amid a slump in Canadian crude prices.
News
September 27, 2018
Cenovus Energy Inc. signed deals to transport about 100,000 bpd of heavy crude by rail to the U.S. Gulf Coast from Alberta as a pipeline bottleneck depresses Canadian oil prices.
News
September 07, 2018
Canadian crude prices are plunging once again as repairs were completed on Alberta’s second-biggest oil sands upgrader and production surged from a new mine.
News
August 31, 2018
Total, together with its partners, has agreed to sell the Joslyn oil sands project in Alberta, Canada, to Canadian Natural Resources Limited (CNRL) for an overall consideration of C$225 million.
Article
July 2018
Canada’s E&P sector still trying to regain traction
News
July 06, 2018
Petrolia Energy Corporation is pleased to announce that it has acquired a 25% working interest in the Luseland, Hearts Hill, and Cuthbert fields, located in Southwest Saskatchewan and Eastern Alberta, Canada.
News
June 05, 2018
Canadian crude surged by the most ever after Enbridge Inc. said it won’t implement a new procedure to stop shippers from claiming more space than they can use on a key pipeline linking Alberta’s oil sands with U.S. refineries.
News
April 17, 2018
Canada’s inter-provincial fight over the Trans Mountain pipeline escalated as oil-producing Alberta threatened to cut off fuel shipments to neighboring British Columbia.
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