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Alberta's hopes of a rebound this year for its long-struggling oil industry have been dashed by a crash in global crude prices, dragging down producers' stocks and leaving the Canadian province's ...
Reuters reported last week that Alberta was on course to return to budget surplus in the coming fiscal year. Canada's Alberta province forecasts 2022/23 budget surplus as oil prices soar Skip to ...
NEW YORK (Reuters) -Oil prices settled close to unchanged on Thursday, pressured by a forecast for ample supply in the oil market but supported by rising expectations of a Federal Reserve interest ...
Crude oil markets were back and forth during the course of the trading session on Wednesday as we are threatening the 200 Day EMA in both grades that I follow. Crude Oil Price Forecast – Crude ...
Western Canadian Select (WCS) is a heavy sour blend of crude oil [1] that is one of North America's largest heavy crude oil streams [2] and, historically, its cheapest. [3] It was established in December 2004 as a new heavy oil stream by EnCana (now Cenovus), Canadian Natural Resources, Petro-Canada (now Suncor) and Talisman Energy (now Repsol Oil & Gas Canada). [4]
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CAPP origins can be traced back to the Alberta Oil Operators’ Association, which was founded in 1927, after the discovery of the Turner Valley Oil Field. In 1947, the Alberta Petroleum Association changed its name to the Western Canadian Petroleum Association, and In 1952, the Western Canada Petroleum Association amalgamated with the Saskatchewan Operators’ Association and adopted the name ...
The Sturgeon refinery is owned and operated by the Canadian Natural Resources Ltd. and the Alberta government. On July 6, 2021 Premier Jason Kenney announced that the province of Alberta had acquired a 50% "equity stake" in the Sturgeon Refinery through the APMC, which now owns the "stake previously owned by Calgary-based North West Refining Inc."