Related Articles
Forward article link
Share PDF with colleagues

We must change: Alberta's peace overture to energy sector

The long-awaited competitiveness review of Alberta's oil and gas royalty rates offers a new tone, but the details are still obscure

AFTER three years of acrimony between the energy industry and the provincial government, Alberta's leaders still have a task on their hands to persuade oil and gas companies to keep investing. The competitiveness review, released by the Alberta government in March, was supposed to do that job. The government promised it would restore the famed "Alberta advantage" – the province's reputation for low taxes, minimal government interference and business-friendly investment rules. Ed Stelmach, Alberta's premier, suggested the review would also help Alberta adjust to changes in North America's energy sector more broadly. Alberta's conventional natural gas business, in particular, has been hit ha

Also in this section
Serica sanguine on Iran sanctions
13 July 2018
The firm's historic links to Iran are in the spotlight as US sanctions resume
The return of cautious optimism in the North Sea
13 July 2018
The UK’s North Sea hub, braced for production declines, has received a boost from new investments and revived interest from the supermajors
China loans make Venezuela’s outlook more precarious
12 July 2018
Patience is wearing thin among both China and other trading partners