Related Articles
Forward article link
Share PDF with colleagues

Calgary celebrates its roots as a global oil capital

For a week every year, Calgary, the city at the heart of Canada’s oil patch, pays homage to its wild west roots. Shaun Polczer dons his Stetson and joins the party

It’s close to midnight at Calgary’s Palace Theatre, but the party is just getting started. The so-called “First Rowdy”, is the unofficial kick-off to a week of boozy celebrations coinciding with the Calgary Stampede rodeo, an annual summer festival tapping the cowboy culture and frontier past of an emerging global oil capital. Even as other oil-producing regions of the world struggle with wars, rumours of wars and volatile oil markets, Calgarians are partying like it’s 1912 - the year the Stampede officially began. With its oil production poised to double to 6.2 million barrels per day (b/d) by 2030, it has plenty to celebrate. A packed house of oil-company executives, investment bankers

Also in this section
ExxonMobil drilling heralds oil era in Guyana
15 June 2018
Keen to add to its production base, ExxonMobil hopes to have the oil flowing from offshore Guyana within two years
Sechin's role in Magomedov arrest under scrutiny
15 June 2018
The arrest of another oligarch with links to the energy industry has raised questions over the motive
Yemen war enters dangerous new phase
13 June 2018
The Saudi-led coalition has embarked on a high-risk strategy to force the Houthis to the negotiating table