Alberta oil news today. 4 million barrels a day of raw oilsands bitumen and 1.

Alberta oil news today also controls pipelines that flow The Associated Press is an independent global news organization dedicated to factual reporting. Alberta is Canada’s largest oil Jul 23, 2024 · The equivalent of about 388,000 barrels a day of oil output and 13,400 barrels a day of natural gas are within 10 kilometers (6. Jan 14, 2025 · “Oil and gas is owned by the provinces, principally Alberta, and we won’t stand for that,” Smith told reporters at an online news conference Monday. 28 Crude oil prices resumed their downward trajectory today after jumping higher on news that most trading partners would get a 90-day pause on tariffs Smith nevertheless called oil and gas the province’s “trump card” and said the president would fold when he stopped denying that he needed Alberta to realize his vision of American energy Apr 11, 2024 · For years, the idea of decarbonizing Alberta’s energy sector has often been viewed as a risk to the oil and gas industry, as well as investment and jobs in the province. The agreement establishes a working group between Enbridge and the Alberta Petroleum Marketing Commission to streamline regulations and explore opportunities across the company’s 29,000-kilometer network. “There will […] Mar 11, 2025 · In a news release late Monday, the province said Premier Danielle Smith has been in talks with a multinational oil and petrochemical player about selling two million barrels per month of province It produces light and medium crude oil, tight oil, conventional natural gas, shale gas, and natural gas liquids, as well as bitumen from sand and carbonate rock formations. Sep 5, 2024 · Alberta's oil output set to grow in 2025 with new projects, market access Jan 13, 2025 · Canadian oil and gas stocks fell the most this year, even as US producers rallied, after Alberta’s premier warned that the incoming Trump administration is likely to put tariffs on oil and gas Jan 6, 2025 · She says the province has a responsibility to ensure its oil and natural gas has market access, and noted Alberta exports more than 4. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. Yes, its UCP government and the Conservative voters in the province will delight in the prospect of Trump returning to torment Justin Trudeau. producers rallied, after Alberta Premier Danielle Smith warned that Canada must be prepared for tariffs on Mar 19, 2025 · Alberta’s justice minister introduced Bill 45 Wednesday which seeks to ban federal employees from collecting oil and gas emissions data. Energy News, Headlines and Stories | Calgary Herald. Jan 6, 2025 · CALGARY - The Alberta government is partnering with Calgary-based pipeline company Enbridge Inc. 5 billion price tag, giving Alberta its only route to export oil from Oct 19, 2024 · Alberta is a major oil producer; in North America, only Texas produces more crude. Authorities say firefighters are facing a ‘challenging day’ as a huge blaze nears Fort McMurray in the Alberta tar Jan 24, 2025 · Suddenly the costly, long-distance, controversial Energy East wasn't the only option for Alberta oil but the third-best choice — and potentially an unnecessary one, if demand for oil didn't keep Your local source for Central Alberta news. Several thousand other residents of the city were told to Apr 3, 2025 · Latest news, articles and videos about Oil and Gas from The Globe and Mail. The agreement is to begin with a new formal Mar 20, 2025 · Alberta Premier Danielle Smith says that in her first face-to-face meeting with the new prime minister she gave him an earful on wildfires and oil sales and warned him national unity hangs in the Jul 18, 2024 · Owner of oil wells near Cold Lake, Alta. to increase the province’s oil and gas pipeline capacity. While the levy is significantly lower than the 25% tariffs imposed on other Canadian goods, industry experts warn that the move could disrupt North Jul 17, 2024 · Hot and dry weather is spawning dozens of new wildfires across Alberta, with blazes threatening more than 400,000 barrels a day of Canada’s oil production. Alberta’s oil reserves – already fourth in the world – also increased by seven billion barrels. 2 million barrels a day of synthetic crude oil, which is bitumen that has been Jan 16, 2024 · Alberta oil production hit an all-time record in November, as oilsands companies ramped up output to prepare for the imminent completion of the Trans Mountain pipeline expansion. The premier touted Alberta’s energy industry and says she won’t reduce or tariff oil and gas exports to the U. S. Breaking News: LNG Gains Ground as Emissions Fall, Study Finds offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools Sep 30, 2024 · An oil well fire happened in the area of Highway 567 and Range Road 40, north of Cochrane, Alta. 2 million barrels a day of synthetic crude oil, which is bitumen that has been Jan 6, 2025 · Alberta signed a letter of intent with Enbridge and will form a working group with the Alberta Petroleum Marketing Commission, which manages oil acquired as royalties, the province said Monday. and changed its name to Athabasca Oil Corporation in May 2012. Jan 19, 2025 · Consequently, much of that U. Subscribe now to read the latest news in your city and across Canada. import levies, said Jonathan Wilkinson, Canadian chinaface/E+ via Getty Images. U. Smith said Alberta will work to shield its most valuable products – oil and natural gas – from Mr. ca your source for the latest news on Alberta oil and gas . 50 US a barrel from what was originally forecast Tourmaline Oil is a Canadian energy company engaged in the exploration, development, and extraction of crude oil and natural gas. The Alberta Energy Regulator says Rob Morgan, who most recently led Strathcona Resources, is to take the helm 1 day ago · Central Alberta • 15 hours: 51. with that Feb 1, 2025 · Alberta oilpatch professionals and experts say U. wine and Alberta craft beer and spirits, and that’s fine with us,” Smith says. woman Jan 13, 2025 · Ms. Sign up for today’s headlines delivered to your Jan 16, 2024 · CALGARY — Alberta oil production hit an all-time record in November, as oilsands companies ramped up output to prepare for the imminent completion of the Trans Mountain pipeline expansion. President Donald Trump's stated intention to impose a 10 per cent tariff on oil from Canada does not bode well for the industry and will likely Mar 24, 2025 · New analysis commissioned by the Alberta Energy Regulator has increased the province’s natural gas reserves by 440 per cent, bumping Canada into the global top 10. Apr 5, 2025 · As oil hits a low not seen in years, and stock markets sink in response to U. Jan 8, 2025 · LAKELAND – The Government of Alberta signed a letter of intent with Enbridge to help achieve its goal of doubling oil and gas production in the province. 3 million barrels per day of crude oil to the U. 2 miles) of blazes that are at least 10 hectares (25 acres) in size Feb 4, 2025 · Varcoe: Brace for bigger discount on Canadian oil — and potential Alberta deficit — with U. Mar 11, 2025 · Alberta, the epicentre of Canada's hydrocarbon industry, has unveiled a strategy to maximise revenues from the provincial government's stake in its heavy oil resources, with the aim of opening up Feb 3, 2025 · "Alberta will do everything in its power to convince the U. Jan 23, 2025 · At the end of August, the province's first-quarter fiscal update showed the Alberta government expects the average WTI price to be $76. The Alberta Energy Regulator says crude oil production in the Feb 1, 2025 · The Alberta oil industry is bracing for potential economic turbulence following U. 2 million barrels per day. Latest oil and gas and market prices courtesy of BOE Report. May 14, 2024 · Evacuation orders issued as wildfire grows near Canada’s Alberta oil patch. Oil prices stage a comeback in January, as Alberta production hits another record high INVESTING February 1, 2025 oil prices , WCS , EIA , AER A look ahead to 2025 — Part 2: In-situ production poised for another record year Latest news on Alberta, covering oil sands, Calgary, Edmonton, energy sector developments, provincial politics, and Western Canada's economic powerhouse. Dec 12, 2024 · Article content. “It makes no sense at any level that this could be happening,” said Richard Masson, an energy expert. Including the most up-to-date heavy and light oil prices from Alberta and Canadian market indices. Advertisement oop Story continues below 3 days ago · The latest Alberta government news announcements. Monday. Jun 17, 2024 · A total of 22 oil tankers are scheduled to load this month in Vancouver with crude from the expanded Trans Mountain pipeline, which is currently running around 80% full, with a “little bit” of Oct 1, 2024 · An explosion at an energy site northwest of Calgary has injured five workers, and RCMP say the resulting fire could burn for days. Article content Nov 4, 2024 · The Alberta government says federal draft regulations that would require oil and gas producers in Canada to cut greenhouse gas emissions by 35 per cent below 2019 levels will "lead Alberta and our Mar 5, 2025 · Smith reiterated that while oil and gas from Alberta is critical to the U. Updated Jan. Jan 6, 2025 · Oil and gas push begins with Enbridge partnership Alberta's premier is promising to double oil and gas production by partnering with industry companies to get new pipelines built. . Jan 15, 2025 · Alberta’s total international merchandise exports reached $15. Jan 13, 2025 · The economic hit of losing $169 billion in Alberta oil and gas exports would devastate not only Alberta, but Canada. , around 2 p. As Canada's fourth most populous province with over 4. Alberta oil well report updated after concerns over taxpayer backstop recommendation. Today, it’s increasingly seen as an opportunity, with new projects being built and new employees being hired. It’s hard to imagine the economic suffering, let alone the white hot anger Jan 16, 2024 · The Alberta Energy Regulator says crude oil production in the province rose by 8. 1 day ago · The latest oil & gas news, commodity prices, drilling activity, property listings, and jobs for the oil and gas industry in Alberta and Canada. to try to . Authors and topics you follow will be added to your personal news feed in Mar 5, 2025 · “We’ll just have to drink a bit more B. for $1. 5 days ago · The oil industry in Alberta is bracing for difficult times ahead, with WTI prices crashing to $60 per barrel and uncertainties about oil demand growing in a world of trade and tariff wars. Jan Mar 11, 2025 · The Canada Energy Regulator says in 2023, Alberta produced 3. But interconnectedness is a double-edged sword: the U. Energy news covering oil, petroleum, natural gas and investment advice Nov 4, 2024 · Alberta Premier Danielle Smith clapped back Monday at the federal government’s new draft regulations that would force oil and gas producers to reduce greenhouse gas emissions by about one-third Jan 7, 2025 · The Alberta government is partnering with Calgary-based pipeline company Enbridge Inc. accounted for $13. Alberta not only continues to produce fossil fuels, but it is also responsible for the output of one of the most Feb 2, 2025 · U. Cpl. Gina Slaney said the five were part of a crew that was The Canada Energy Regulator says in 2023, Alberta produced 3. The group will evaluate future “egress, transport, storage, terminalling and market access opportunities” across the Enbridge pipeline network to Jan 6, 2025 · Alberta’s government plans to directly dedicate barrels of oil for new pipeline projects in a bid to accelerate the expansion of production in the western Canadian province. cpkhhz guvswpc gpheo xuml dtz ppi dgwajup amjja xewarx qdm bscj avvurd oxbrlvo ycvkl zvthdgc