Alberta Oilpatch
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Alberta rural municipalities say unpaid oilpatch taxes rising despite high energy pricesThe Rural Municipalities of Alberta says its members were owed more than $250 million at the end of last year — up three per cent over the previous year.MoneyMar 8, 2022
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Despite record-setting output, Alberta oilpatch keeps lid on spendingStatistics Canada says oil and gas capital spending over the first three quarters of 2021 was 32 per cent below pre-pandemic levels.EconomyDec 2, 2021
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One year after crude turned negative, oilpatch relishes first quarter profit outlookWTI daily spot prices have averaged US$60.46 per barrel so far in the second quarter, up from US$58.13 in the first quarter.EconomyApr 18, 2021
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Shell further reducing Alberta presence with $900M sale of assets to Calgary companyRoyal Dutch Shell has made a deal to sell its producing light oil shale assets in Alberta to Calgary-based Crescent Point Energy Corp. for $900 million.EconomyFeb 17, 2021
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Calgary’s downtown office vacancy rates hit record levels amid oilpatch woesVacancies in Calgary's downtown office towers have risen to record levels and there's no landlord relief in sight with almost one in three offices sitting empty.EconomyJan 26, 2021
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Keystone XL cancelling will stifle Canada’s oil industry for years: expertsPhil Skolnick, a New York-based analyst for Eight Capital, said the end of the pipeline will stifle investment and production growth for years in the Canadian oilpatch.EconomyJan 21, 2021
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Alberta scientists criticize decision to suspend some environmental monitoring of oil industryShutting down a broad range of Alberta's environmental monitoring over pandemic fears wasn't necessary, says the head of a group responsible for such work.EnvironmentJun 16, 2020
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‘It’s really unfair’: Online frustration between Alberta and Newfoundland and Labrador following federal electionThere has been plenty of social media backlash from Albertans toward Newfoundlanders and Labradorians after Monday’s federal election, which saw an overwhelming Liberal victory in the eastern province.CanadaOct 24, 2019
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2016 job growth was strong in B.C., Ontario, while low oil prices and wildfire hammered AlbertaB.C. and Ontario saw Canada's fastest growth in jobs in 2016 - but Alberta's employment picture continued to be catastrophic.Apr 28, 2017
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Driller training rebounds in Alberta as oil prices stabilizeRecent oil price stability over US$50 per barrel and optimism sparked by the announcement in November of production cuts by OPEC and non-OPEC producers have resulted in rising numbers of oilpatch workers registering for courses at Enform, the industry's primary safety training organization.CanadaJan 29, 2017
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