May 27, 2010 Calgary… To further energize investment, the Alberta government unveiled initiatives to accelerate new technologies to encourage development of Alberta’s vast unconventional and deep resource pools and finalized royalty curves for conventional oil and gas. “This initiative to unlock Alberta’s unconventional resources offers the potential for decades of employment and community benefits” said [...]
Alberta Oil and Gas Policy Changes
March 11, 2010 By
Increased production, jobs and spin-off benefits expected as a result of regulatory and fiscal changes for oil and gas sector Calgary… To advance Alberta’s competitiveness in the upstream oil and gas sector, the Alberta government will modify conventional oil and natural gas royalty rates; promote more innovation and use of new technologies; and reduce unnecessary [...]
Alberta Budget 2010
February 11, 2010 By
Budget 2010 strikes the right balance by focusing on Albertans’ priorities while limiting spending Health, education and vulnerable Albertans remain budget priorities Budget highlights: $1.3 billion in savings found through cross-ministry spending review Cost savings re-invested in and new money added to priority areas: $1.7-billion increase for ongoing health programs; AHS deficit paid off $250-million [...]
Alberta Throne Speech
February 6, 2010 By
Speech from the Throne The Third Session of the 27th Legislature gets under way today. Members and guests will hear the Speech from the Throne delivered at 3 p.m. by His Honour the Honourable Norman L. Kwong, CM, AOE, Lieutenant Governor of Alberta. The speech opens each new session and outlines initiatives and law-making plans [...]
Alberta Cabinet Shuffle
January 13, 2010 By
Edmonton… Alberta Premier Ed Stelmach named his new cabinet team, which will focus on four goals that will bring Alberta out of the recession stronger than ever before. “I have promised Albertans that we will be back in the black in three years and I have not wavered from that commitment,” said Stelmach. “My new [...]
Alberta Oil Sands Plan
October 5, 2009 By
ERCB RECEIVES TAILINGS POND PLANS FILED BY OIL SANDS OPERATORS Calgary, Alberta (October 1, 2009) The Energy Resources Conservation Board (ERCB) has received plans with dates for construction, use and closure of fluid tailings ponds from six Alberta oil sands operators as required by Directive 074: Tailings Performance Criteria and Requirements for Oil Sands Mining [...]