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UCP govt donates $32.5M for Dow Canada ethylene plant

The new plant will increase natural gas consumption in Alberta.

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UCP govt spending $176M to subsidize blue hydrogen plant

The federal government is getting in on the deal, too, propping up the American company by an additional $300 million.

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AB hits record oil levels, but with fewer workers

According to new Statistics Canada data, Alberta was producing record oil levels this summer. But they were doing it with thousands of fewer workers.

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Alberta oil exports increased 8% last year

Despite UCP politicians insisting that Justin Trudeau is preventing Alberta from exporting oil, the amount of crude oil leaving the province last year surpassed the previous two years.

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Active drilling wells in AB drop to 85

This marks 3 months in a row with the number of active drilling wells declining.

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O&G capital spending in Canada increased 7% in Q1 2022

Earlier this month, Statistics Canada updated statistics for capital expenditures in the national oil and gas sector. The statistics now run from the first quarter of 2013 to the first quarter of 2022. Capital expenditures are what companies spent on such things as machinery, equipment, and buildings, as well as major repairs to these goods […]

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AB crude oil levels grew faster under NDP than UCP

Even though total production has been higher under the UCP, the pace at which it has grown has slowed.

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AB sees record oil extraction, but not record oil jobs

Since 2014, Alberta’s oil & gas industry has increased annual production to an additional 4.1 million cubic metres. But they did it with 34,000 fewer workers.

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Natural gas production increased 6.6% under NDP

Last month, Alberta’s oil and gas minister—er, I mean, energy minister—Sonya Savage tweeted out that 2021 saw oil production at record-breaking levels. Her tweet linked to an article written by Rob Roach, deputy chief economist at ATB Economics, which said that oil production was up 8% in 2021, reaching a new high of 1.32 billion […]

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Alberta gained 6,000 oil & gas jobs in 2021

But we’re still below 2018 levels.