Oil and gas spending expected to increase by $2B in 2020: industry group
After four years of declines, oil and gas spending is forecast to go up in 2020, according to one energy industry group. Continue reading
Canadian Association of Petroleum Producers
Most of Ottawa’s $1.6B bailout for Alberta oil and gas industry has been handed out
Canada’s $1.6-billion bailout package for Alberta’s battered oil industry is well underway but with little transparency about who is getting the money and for what. Continue reading
Review of Canadian fossil fuel subsidies appears to be behind schedule: environmental advocate
Canada’s promise to produce an inventory of its fossil fuel subsidies as part of a joint peer review with Argentina appears to be off schedule and may not deliver results until 2021, an environmental advocate says. Continue reading
CAPP CEO says Trump’s methane regulation reversal widens U.S. competitive advantage
A U.S. proposal to ease regulations aimed at cutting methane emissions will create another competitive advantage for American producers over Canadians, the CEO of the Canadian Association of Petroleum Producers says. Continue reading
Alberta government creates pair of industry panels to help reduce regulatory red tape
Alberta is moving into the next phase of its plan to cut regulatory red tape. Continue reading
Canadian energy giants take out full-page newspaper ads as federal election looms
Three of Canada’s biggest oilsands producers are going directly to voters today to ask them to “influence the outcome” of big decisions concerning the oil and gas sector as a fall federal election looms. Continue reading
Cenovus produces one billionth barrel from oilsands operations in northern Alberta
Cenovus says its thermal oilsands operations in northern Alberta produced their one billionth barrel of bitumen on Wednesday. Continue reading
Trans Mountain approval comes too late for some: ‘Many families didn’t survive this’
By Heather Yourex-West Network Digital Journalist: Alberta Correspondent
“There will be a lag time between when the construction starts and job hiring happens, and that’s really worrisome because how do you sustain people through this time of transition?” Continue reading
Alberta companies making a go of it despite sluggish oil and gas outlook
By Tomasia DaSilva Reporter
A new forecast from the Canadian Association of Petroleum Producers showing sluggish growth and energy investment isn’t deterring some Alberta energy companies from continuing to try and make a go of it. Continue reading
Environment minister ‘disrespectful’ of energy industry, Canadians: CAPP CEO
“I’m very troubled with some of Minister [Catherine] McKenna’s comments,” CAPP CEO McMillan told reporters after presenting the forecast at the Global Petroleum Show conference in Calgary. Continue reading