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UCP increases max amount it’ll allow itself to lend to oil refinery

Last year, the Alberta government approved lending $1.25 billion to the Sturgeon Refinery. Then increased it to $1.5 billion. Now, they’re upping it by another $300 million.

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Alberta reinstates 1976 coal policy, continues mining coal

As of last February, there were still over 1,000 coal leases and over 500 coal lease applications active in Alberta.

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Alberta’s energy minister is cheering on oil investment that’s 34% lower than it was in 2014

Canadian Association of Petroleum Producers recently projected $24B in capital investments for 2021. And Sonya Savage is super excited.

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UCP guarantee 10-year freeze on NDP royalty rates. Kind of.

In 2017, the NDP’s Modernized Royalty Framework came into effect, freezing royalty rates for 10 years. The UCP thought that should be law.

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UCP government appoints 2 energy lawyers to Alberta Utilities Commission

Earlier this month, Alberta’s energy minister appointed two lawyers to the utilities commission. Both lawyers worked as counsel for energy companies.

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Is it true that oil and gas is Alberta’s largest industry?

Last week, Alberta’s energy minister, sent out a tweet in which she claimed that the oil and gas sector is the largest industry in Alberta. But what does that mean?

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UCP appoint oil and gas executive to oversee electricity operator

Yesterday, Sonya Savage, the Alberta minister of energy, announced a new chair for the Alberta Electric System Operator.

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UCP appoints interim administrator to clarify role of MSA in electricity market

A recent report from the AESO found that role of the Market Surveillance Administrator and its oversight of the electricity market needs clarification.

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Travis Toews lets himself lend $1.25B to oil refinery

Did you know that Keystone XL isn’t the only oil and gas project that the UCP government plans to spend over $1 billion on?