Alberta Oil Production Cut

• Drilling forecast cut because of lower expectations for 2019 oilpatch spending

  The Petroleum Services Association of Canada is cutting 1,000 wells from its 2019 drilling forecast due to what it calls deteriorating investor confidence in Canada.

  Money

  Jan 29, 2019
  
• Junior oil firms cut dividends amid uncertainty in energy sector

  Prices for western Canadian oil continued to strengthen on Friday as markets adjusted to a plan by the Alberta government to eliminate a glut of oil that has plagued producers for months.

  Money

  Dec 7, 2018
  
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• Who are the winners and losers from the Alberta oil production cut?

  Oil production cuts will have the desired outcome of reducing steep discounts on Alberta oil — but it will also create winners and losers, according to financial analysts.

  Money

  Dec 3, 2018
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• Suncor assessing impact of Alberta’s move to cut oil production 8.7% next year

  Suncor Energy says it's assessing the impact of the Alberta government's move to curtail oil production by 8.7 per cent next year.

  Money

  Dec 3, 2018