Incredible numbers continue to emanate from Alberta’s oilpatch. Just days after Calgary-based oilsands giant Suncor Energy Inc. announced that its cash operating costs per barrel are an incredibly low $23-$26, Scott Saxberg, Crescent Point Energy Corp.’s president and CEO, announced that cost-savings measures – implemented with much pain over the past two years – will […]
I was back east last summer – in Ottawa to watch my kids play in an ultimate frisbee tournament – when my aunt dropped by to watch a couple of games. Talk turned to the Alberta economy, the lagging price of oil and ongoing conflicts over pipelines. In particular, she expressed concern about Kinder Morgan […]
Oil prices are still unimpressive and oilsands producers are shrinking, but pipeline approvals and rising demand are expected to bring brighter days for the energy sector
Everyone is still trying to digest the news that Donald Trump is the president-elect of the U.S. and to figure out what that means regarding everything from immigration and war in the Middle East to a woman’s right to choose. But let’s focus on Alberta. Trump looks certain to approve the Keystone XL pipeline and, […]
Alberta should mitigate its dependence on resources revenue by developing a long-term hedging strategy for its oil and gas assets
The people of Fort McMurray face a huge rebuilding task. But more than effort, time and money, the town's future will turn on the price of oil
From east to west, Alberta's pipe dreams are foundering on local fears of spills and their costs. But these worries are overblown
Low oil prices, now rising, have led to leaner business models, while setting the stage for consolidation
It’s been more than a year since the price of oil began its decline. And, despite West Texas Intermediate plateauing at around US$50 for a few months, the price of that grade of crude oil slid again in recent weeks. As a result, the pressure on the oil and gas industry has been intense, with […]
News of the NDP win rippled around the world. But Alberta experts suggest there won't be a huge departure in business policies