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Alberta

The Provincial Government’s 2018 report card on its “made-in-Alberta” energy strategy

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From the Province of Alberta

Made-in-Alberta plan protects energy jobs

This year, the province fought to get top dollar for our energy resources by launching a made-in-Alberta strategy to build new pipelines and add value by upgrading more of our oil and gas here at home.

Premier Rachel Notley and her government fought to protect workers and the Canadian economy by taking action in the short, medium and long term.

“For decades, Albertans have been talking about getting more value for our oil here at home. It’s time to stop settling for less. We’re grabbing the bull by the horns with a made-in-Alberta strategy to create more jobs, open new markets for our oil and gas, and make more of the energy products the world needs.”

Rachel Notley, Premier

Major boost to energy upgrading

In the long term, the province doubled support for petrochemical upgrading to $2.1 billion, which will leverage private investment that’s expected to help create about 15,000 jobs.

Alberta also created a Liquefied Natural Gas (LNG) investment team to work directly with industry on reducing barriers for securing final investment decisions on export projects that will increase the value of Alberta’s natural gas resources.

In response to strong industry encouragement, Alberta is taking action to explore private-sector interest in building a new oil refinery in the province. Building new refining capacity would create good-paying, long-term jobs for Albertans while helping lower the oil price differential over the long term.

“Large industrial value-add energy investments help provide economic resilience and diversification, and create highly skilled, well-paying jobs for decades. Alberta has abundant feedstock, skilled labour and the ability to refine our resources to high-value products the world needs. There is significant international competition for these projects and for Alberta to compete, government and industry must work together. We commend the government’s focus on ensuring that the value of Alberta’s resources stays with Albertans.”

David Chappell, chair, Resource Diversification Council

Fighting for pipelines and market access

The government also continued its fight for new pipelines. Premier Notley’s advocacy was instrumental in the federal government’s decision to purchase the Trans Mountain Pipeline. As well, the Premier continues to fight for needed changes on two federal bills:

  • Bill C-69, which would create a new, far-reaching impact assessment process for resource development projects.
  • Bill C-48, which would impose a moratorium on oil tankers off the north coast of B.C.

This year, the province also launched the nationwide Keep Canada Working campaign to explain to Canadians the benefits of new pipeline access. The latest push includes a real-time lost-revenue counter to show just how much Canadians are missing out on by keeping Alberta’s energy resources landlocked.

“Under Premier Rachel Notley’s leadership, more Canadians than ever before support this project because they know we shouldn’t be selling our products on the cheap. There’s too much at stake. We will keep the federal government’s feet to the fire so that this project isn’t delayed any further.”

Margaret McCuaig-Boyd, Minister of Energy

Over the medium term, the government took action to build more capacity for moving oil by rail to clear the backlog and stabilize the market. Upwards of 7,000 new rail cars will come online in 2019 to move 120,000 barrels a day out of the province to markets where Alberta oil can earn the best value possible.

In the short term, Premier Notley protected the value of Alberta’s resources by mandating a temporary reduction in oil production. The decision, in response to a historically high oil price differential, has prevented thousands of job losses and helped restore the value of Alberta’s oil. The price gap is caused by the federal government’s decades-long inability to build pipelines.

Saving industry time and money

A more efficient regulatory process means new oil and gas projects can begin operating faster, creating jobs and maintaining competitiveness. The new process is fairer, faster and more accessible, saving industry hundreds of millions of dollars while making the process more transparent and accessible for Albertans. The new approach is expected to save industry $600 million by 2021, and is helping reduce the regulatory review time for an oil sands project from five years to just 15 months.

Strong energy future in the oil sands

Two major oil sands milestones were also celebrated in 2018. Premier Notley and Minister McCuaig-Boyd joined Suncor for the successful startup of the Fort Hills project, which put 7,900 people to work at the peak of construction and is employing 1,400 people full time now that the project is operational.

The government also highlighted a new $400-million investment in the Long Lake South West project by Nexen, a wholly owned subsidiary of CNOOC Ltd. With leading-edge technology, the project illustrates that a major oil sands producer can be both an energy and environmental leader while showing a long-term commitment to creating good jobs in Alberta’s energy sector.

“The Long Lake South West project demonstrates CNOOC Limited’s long-term commitment to the Alberta energy sector. Our oil sands development is an important component of our global portfolio, and through technological advancements we are pleased to be responsibly growing our production while reducing our overall emissions.”

Quinn Wilson, CEO, CNOOC North America

New jobs, private investment in wind power

Private companies are partnering with First Nations to invest close to $1.2 billion in renewable energy projects in Alberta. This helps create new jobs and continues with record-setting low prices for Albertans. These results showcase Alberta as a proud leader in all forms of energy.

The five successful projects are made possible through the latest phase of the Alberta government’s Renewable Electricity Program. They include investments from homegrown Alberta companies, as well as from new investors from across Canada and around the world.

In total, the new developments will create about 1,000 jobs, attract new economic opportunities for Indigenous communities and bring an estimated $175 million in rural benefits over the life of the projects.

 

After 15 years as a TV reporter with Global and CBC and as news director of RDTV in Red Deer, Duane set out on his own 2008 as a visual storyteller. During this period, he became fascinated with a burgeoning online world and how it could better serve local communities. This fascination led to Todayville, launched in 2016.

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Alberta

Danielle Smith slams Skate Canada for stopping events in Alberta over ban on men in women’s sports

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From LifeSiteNews

By Clare Marie Merkowsky

The Alberta premier has denounced Skate Canada as ‘disgraceful’ for refusing to host events in the province because of a ban on ‘transgender’ men in women’s sports.

Alberta Premier Danielle Smith has demanded an apology after Skate Canada refused to continue holding events in Alberta.

In a December 16 post on X, Smith denounced Skate Canada’s recent decision to stop holding competitions in Alberta due to a provincial law keeping gender-confused men from competing in women’s sports.

“Women and girls have the right to play competitive sports in a safe and fair environment against other biological females,” Smith declared. “This view is held by a vast majority of Albertans and Canadians. It is also common sense and common decency.”

“Skate Canada‘s refusal to hold events in Alberta because we choose to protect women and girls in sport is disgraceful,” she declared.

“We expect they will apologize and adjust their policies once they realize they are not only compromising the fairness and safety of their athletes, but are also offside with the international community, including the International Olympic Committee, which is moving in the same direction as Alberta,” Smith continued.

Earlier this week, Skate Canada announced their decision in a statement to CBC News, saying, “Following a careful assessment of Alberta’s Fairness and Safety in Sport Act, Skate Canada has determined that we are unable to host events in the province while maintaining our national standards for safe and inclusive sport.”

Under Alberta’s Fairness and Safety in Sport Act, passed last December, biological men who claim to be women are prevented from competing in women’s sports.

Notably, Skate Canada’s statement failed to address safety and fairness concerns for women who are forced to compete against stronger, and sometimes violent, male competitors who claim to be women.

While Skate Canada maintains that gender-confused men should compete against women, the International Olympic Committee is reportedly moving to ban gender-confused men from women’s Olympic sports.

The move comes after studies have repeatedly revealed what almost everyone already knew was true, namely that males have a considerable innate advantage over women in athletics.

Indeed, a recent study published in Sports Medicine found that a year of “transgender” hormone drugs results in “very modest changes” in the inherent strength advantages of men.

Additionally, male athletes competing in women’s sports are known to be violent, especially toward female athletes who oppose their dominance in women’s sports.

Last August, Albertan male powerlifter “Anne” Andres was suspended for six months after a slew of death threats and harassments against his female competitors.

In February, Andres ranted about why men should be able to compete in women’s competitions, calling for “the Ontario lifter” who opposes this, apparently referring to powerlifter April Hutchinson, to “die painfully.”

Interestingly, while Andres was suspended for six months for issuing death threats, Hutchinson was suspended for two years after publicly condemning him for stealing victories from women and then mocking his female competitors on social media. Her suspension was later reduced to a year.

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Alberta

Alberta’s huge oil sands reserves dwarf U.S. shale

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From the Canadian Energy Centre

By Will Gibson

Oil sands could maintain current production rates for more than 140 years

Investor interest in Canadian oil producers, primarily in the Alberta oil sands, has picked up, and not only because of expanded export capacity from the Trans Mountain pipeline.

Enverus Intelligence Research says the real draw — and a major factor behind oil sands equities outperforming U.S. peers by about 40 per cent since January 2024 — is the resource Trans Mountain helps unlock.

Alberta’s oil sands contain 167 billion barrels of reserves, nearly four times the volume in the United States.

Today’s oil sands operators hold more than twice the available high-quality resources compared to U.S. shale producers, Enverus reports.

“It’s a huge number — 167 billion barrels — when Alberta only produces about three million barrels a day right now,” said Mike Verney, executive vice-president at McDaniel & Associates, which earlier this year updated the province’s oil and gas reserves on behalf of the Alberta Energy Regulator.

Already fourth in the world, the assessment found Alberta’s oil reserves increased by seven billion barrels.

Verney said the rise in reserves despite record production is in part a result of improved processes and technology.

“Oil sands companies can produce for decades at the same economic threshold as they do today. That’s a great place to be,” said Michael Berger, a senior analyst with Enverus.

BMO Capital Markets estimates that Alberta’s oil sands reserves could maintain current production rates for more than 140 years.

The long-term picture looks different south of the border.

The U.S. Energy Information Administration projects that American production will peak before 2030 and enter a long period of decline.

Having a lasting stable source of supply is important as world oil demand is expected to remain strong for decades to come.

This is particularly true in Asia, the target market for oil exports off Canada’s West Coast.

The International Energy Agency (IEA) projects oil demand in the Asia-Pacific region will go from 35 million barrels per day in 2024 to 41 million barrels per day in 2050.

The growing appeal of Alberta oil in Asian markets shows up not only in expanded Trans Mountain shipments, but also in Canadian crude being “re-exported” from U.S. Gulf Coast terminals.

According to RBN Energy, Asian buyers – primarily in China – are now the main non-U.S. buyers from Trans Mountain, while India dominates  purchases of re-exports from the U.S. Gulf Coast. .

BMO said the oil sands offers advantages both in steady supply and lower overall environmental impacts.

“Not only is the resulting stability ideally suited to backfill anticipated declines in world oil supply, but the long-term physical footprint may also be meaningfully lower given large-scale concentrated emissions, high water recycling rates and low well declines,” BMO analysts said.

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