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Chris VarcoeCalgary Herald |
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'If we get the regulatory policy framework right ... that will put us in a position where we can commit barrels to that pipeline,' said Jon McKenzie
Tim Houston met with Danielle Smith and Energy Minister Brian Jean, along with oil and gas executives this week
Oil prices are still up more than 40 per cent since the end of February
'Higher prices are sort of the new normal,' said Ryan McKay, senior commodity strategist at TD Securities
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'We just need to understand, what are the rules of the road,' said Alex Pourbaix, chair of Cenovus Energy and incoming chair of the Business Council...
'You obviously can't fill both of them at the same time,' said Heather Exner-Pirot, director of natural resources, energy and environment at the...
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'On the one hand ... it generates so much value for our economy,' Premier Danielle Smith said. 'It goes both ways. Higher prices are bad for consumers...
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For a country that has been challenged by tepid productivity levels and is striving to diversify exports beyond the United States, these projects...
With growing concerns in recent years about global energy security, decarbonization and affordability, the agency’s report examined different...
Canada doesn't have a strategic petroleum reserve — like the United States — and still imports foreign oil into parts of Eastern Canada
As of late Tuesday morning, Alberta’s projected deficit for the incoming budget was — theoretically — sitting at $1.1 billion. If that came to...
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'We do have a volatile budget and resource revenues are the key driver of it, but going forward it’s going to get even worse,' said U of C economist...
'We have entered scenario-land. You can't be definitive, but you can start thinking through scenarios,' said ATB chief economist Mark Parsons
'Specifically, what we want to ensure is that the MOU comes out with a policy that provides that economic viability for these long-term projects that...
'These are very volatile events right now, shaping the price. So we're just locking it in — and if it goes higher, I'll lock in some more'
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Geopolitical volatility can quickly reshape global energy markets, and alter Alberta’s financial situation
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The bottom line is that the same financial problem has cropped up time and time again. Alberta is too reliant on volatile oil and gas prices for a...
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Countdown to 2 Million: While the city's economy remains anchored by energy, growth includes innovative new industries and companies such as aviation,...
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'The Alberta economy is actually in a relatively good place ... What's going on? It's really that oil prices are much lower than what was budgeted...
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'It's been a perfect opportunity. Of course, we have a company setting up in Alberta to build these planes ... (and) our water bombers are getting a...
Mullen Group Ltd. bought two companies in the province this year tied to the energy sector, while Keyera Corp. has acquired a stake in two natural gas...
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'We think the oil and gas business will really do well, once Canada fulfils its promise that we're going to build these nation-building projects'
Derek Evans, who helped found Pathways Alliance in 2021, finished his tenure as the group's executive chair and will not be replaced
For Alberta, the big takeaway is that healthy growth in oil production continued during 2025, and output has more than doubled since 2010, led by the...