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Alberta’s oil limits finally seem to be working

Alberta’s oil limits finally seem to be working

Alberta’s oil production curbs finally appear to be draining inventories, at least for now. The Alberta government’s move to cut corporate taxes from 12 to eight per cent. Alberta premier Jason Kenney offered his thoughts on the differing views between him and B.C. premier. Canada’s largest oil producers are calling on the Alberta government to...

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CAPP: A strong offshore oil and natural gas industry benefits all of Canada

CAPP: A strong offshore oil and natural gas industry benefits all of Canada

Newfoundland and Labrador has an opportunity to become one of the most competitive offshore oil and natural gas industries in the world. The Canadian Association of Petroleum Producers (CAPP) would like to congratulate Jason Kenney. Canada can achieve significant domestic and global benefits if company resolve current market access challenges. Alberta has an opportunity to...

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Oil sands rebound in 2019 hinges on rail, output cuts, pipeline

Oil sands rebound in 2019 hinges on rail, output cuts, pipeline

Canada’s oil industry is expected to be back in the black this year thanks to higher oil prices and more production after registering three years of losses. The Canadian oil industry could be in for another turbulent year in 2019, depending on how some pivotal events pan out. But the Conference Board of Canada says...

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Alberta’s Premier has mandated short-term reduction in oil production

Alberta’s Premier has mandated short-term reduction in oil production

Premier Rachel Notley is ordering a mandatory cut to oil production to deal with a price crisis she says threatens to gut Alberta’s bedrock industry. The price gap is caused by the federal government’s decades-long inability to build pipelines. Notley announced the province will impose across-the-board cuts amounting to 8.7 per cent of output to...

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Alberta’s Notley leaves oil industry hanging on output-cut idea

Alberta’s Notley leaves oil industry hanging on output-cut idea

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. “At the same time, when investor uncertainty created by the province of B.C. and other factors pushed Kinder Morgan out of...