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Winner of Canada's
2010 Business
Magazine of the
Year Award


Editors Picks


Oil sands ambition shows staying power

By early 2009, setbacks dealt out to Alberta’s oil sands looked crushing. Project delays became routine. Monthly average oil prices fell 70 per cent from $140 a barrel in July 2008 to $42.45 in December. Construction cost forecasts stayed stubbornly high after doubling or even tripling in the bygone oil sands rush.
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Rice University researchers link oil price to U.S. dollar

December 01, 2009 Category: Departments, Finance, People Tags: , , , ,
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A striking correlation between the greenback and oil – and a record of dramatic change – emerged from a review of three decades of relationships More →

Measured development ideal for megamines, Nexen Inc. VP says

October 01, 2009 Category: Finance Tags: , , ,
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Oil sands megamine projects are keeping in step with construction costs and energy price outlooks More →

Alberta energy service and supply sectors wallow in gutted capital markets

October 01, 2009 Category: Finance Tags:
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Return to the flush times of freely-flowing cash that characterized the financial world in the earlier part of the decade unlikely More →

TransCanada Corp. bucks pipeline toll status quo

October 01, 2009 Category: Finance Tags:
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The firm says National Energy Board regulation has become a barrier to efficient and effective determination of fair returns following the credit crunch More →

Boom times will return, Alberta Investment Management Corp. head predicts

August 01, 2009 Category: Departments, Finance Tags: ,
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Alberta’s money czar braces for a long financial storm More →

Mirroring the National Energy Program a bad idea, says Petroleum Services Association of Canada

August 01, 2009 Category: Departments, Finance Tags: , ,
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The worst victims of the current economic slump stop short of trying to turn back the clock More →

Alberta Investment Management Corporation looks after oil patch assets

June 01, 2009 Category: Finance Tags:
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In a deal with Precision Drilling that some business rivals and free enterprise purists derided as unfair help, Alberta Investment Management Corp. made its fifth foray into the oil and gas industry as custodian of the provincial government’s petroleum-based wealth More →

Oil sands ambition shows staying power

April 01, 2009 Category: Finance Tags: , ,
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By early 2009, setbacks dealt out to Alberta’s oil sands looked crushing. Project delays became routine More →

Saskatchewan Strength

April 01, 2009 Category: Finance Tags: ,
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The prairie resource boom has long legs More →

Offshore Gamble

December 02, 2008 Category: Finance, Policy Tags: , , , , , , , , , , ,
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Is ambition trumping risk as Newfoundland buys into an unguaranteed offshore oil discovery? More →

Chart of the Week

Alberta Oil Magazine chart of the week

Offshore drilling moves to the deep end

The proportion of deepwater drilling in the Gulf of Mexico first began to outpace drilling at shallower depths in the early 1980s, figures from the U.S. Department of the Interior Minerals Management Service show. The gap grew steadily until the late-1990s, when production from deepwater plays rose dramatically. The sudden increase in deepwater activity lends credence to the argument that oil is increasingly harder and more expensive to access.

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