Varcoe: Cold snap welcomed by power and gas producers as Albertans await relief

Sun sets in Calgary as the city’s under an extreme cold warning on Monday, January 13, 2020. Azin Ghaffari/Postmedia A nasty cold snap will leave many Albertans marooned indoors for the week, but it has already provided a spark to…

Canadian oil prices to improve, curtailment to end in 2020: forecast

Canadian crude oil prices are expected to strengthen and natural gas prices are expected to continue to improve into 2020, according to professional services company Deloitte Canada. “We’re really expecting 2020 to be a lot more constructive for oil and…

Varcoe: Alberta gas producers face ‘full-on crisis’ as UCP meets with sector for solutions

Dale Nally, Alberta’s associate natural gas minister, says more natural gas producers are at risk of failing if a fix isn’t found for tumbling gas prices. Ian Kucerak Ian Kucerak / Ian Kucerak/Postmedia Alberta’s new minister in charge of natural…