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Alberta Government unveils Energy Diversification Advisory Committee members

Alberta Government unveils Energy Diversification Advisory Committee members

The Government of Alberta unveiled its Energy Diversification Advisory Committee panel members today. This latest advisory committee was formed as part of a recommendation from its Royalty Review Advisory Panel.

The seven committee members include government officials, union representatives, lawyers, members of Alberta's aboriginal community and the former head of AIMCo.

The group will explore opportunities to boost government revenues and create jobs in areas such as:

  • partial upgrading
  • refining
  • petrochemicals, and
  • chemicals manufacturing.

The objective is to diversify Alberta's economy away from diluted bitumen exports, which is still growing in volumes and represents a big portion of the province's revenues.

The committee's budget is $150,000 for a 12 month term, excluding support from existing government staff. A final recommendation will be submitted to the province's energy minister in the fall of 2017.

Natural Resources Canada cuts "cash on hand" pipeline spill fund in half

Natural Resources Canada cuts "cash on hand" pipeline spill fund in half

The EIA excludes lease stocks from new inventory estimates

The EIA excludes lease stocks from new inventory estimates