March 18, 1939
MAJOR COMPANIES & INDEPENDENTS SPEND MILLIONS TO IMPROVE & ENLARGE PLANTS NEW CAPACITY OF REFINERIES PROCESSING ALBERTA CRUDE TO EXCEED 30,000 BBLS.
Marking the greatest refinery expansion program in Western Canadian history, the two major oil
March 2, 1981
PETROFINA SA, the Belgian multinational oil firm, announced today it has agreed to sell its Canadian subsidiary to PETROCANADA for $1.46 billion (Canadian).
PetroCanada through its subsidiary will make a public takeover bid for any and all
March 15, 1941
Revised regulations governing the reservation and leasing of Crown Lands and the drilling and production operations of oil and gas wells, affected by order-in-council on March 6th, were announced by the Alberta Government this weekend. Bills whose
March 15, 1941
Carried only 32 feet in the Madison limestone to 3,260 feet, STANDARD OF B.C.'s PRINCESS No.3 well was described officially as having completed drilling this weekend. On Saturday an electro-log was being run to provide further data on the formation just
March 20, 1942
The United States government has called Turner Valley into action against the Japanese. The Valley has been called upon for the many thousands of barrels of high grade aviation gasoline and motor fuel needed for the construction, maintenance and
March 20, 1942
Alberta's crude oil and natural gasoline production moved up to still another new all time high during the past week - about 30,806 bbls per day during the week ended 8 a.m. on March 16th, this average is more than 1,000 bbls per day in
March 5, 1943
40% WRITE-OFF EXPLORATION & 'DRYHOLE' COSTS FAR REACHING TAX CONCESSIONS PROVIDED FOR IN NEW BUDGET TO SPEED UP CANADIAN OIL SEARCH.
"Get out and work - survey, geologize, drill and, we hope, produce increasing quantities of oil. If you develop
March 5, 1943
The important new Tax Concessions, combined with the February 1st Order-in-Council which scrapped remaining Import Duties, the 10% War Exchange Tax and the 8%. Sales Tax on drilling and production equipment, are a major contribution by the Dominion
March 5, 1943
The Canadian Oil Industry is highly appreciative of the several major Taxation Concessions which Mr. Ilsley has included in his new Budget. These concessions will be of great assistance in speeding all oilfield development during the next two years.
March 15, 1945
Canada's Norman Wells Oilfield, the world's most northerly proven oil reserve, will end its "War Emergency" role before the end of June, perhaps even by the end of this month, according to reports from Washington, with the abandonment by the United
March 20, 1954
TO BE CONTROLLED BY GAS UTILITY & EXPORT GROUPS, PRODUCERS, PROCESSORS & REPRESENTATIVES APPOINTED BY ALBERTA GOVT.
The provincial legislature gave first reading Friday, March 19, to a bill to establish a company to
March 20, 1954
There were a total of 588,674 acres of petroleum and natural gas reservation rights issued by the ALBERTA GOVERNMENT during the week ended March 18, 1954, while, during that same week there were 115,680 acres of reservations that reached the terminated
March 15, 1973
Today's front page map highlights the BRAZEAU RIVER oil and gas producing area of central west Alberta situated approximately 110 miles northwest of the city of Calgary. and some 13.0 miles southwest of the provincial capital, The area has been the
March 15, 1973
-- Mr. Speaker -- I would like to take this opportunity to make an announcement that will be of benefit to every citizen in this Province.
The Government of Alberta as all members know has been making an assessment of all natural resource
March 15, 1973
The foregoing statement from PREMIER of ALBERTA, PETER LOUGHEED, spells out the unique situation that has developed on the Suffield Block and gives some indication of the special considerations that the Alberta Government will initially apply. The huge
March 15, 1973
The CANADIAN PETROLEUM ASSOCIATION today announced its estimates of reserves of oil, natural gas and sulphur in Canada as of December 31, 1972.
Probable remaining conventional crude oil and natural gas liquids reserves were estimated at 11.5
March 12, 1982
CALGARY TRANSCANADA PIPELINES has offered to pay its 650 contracted gas producers 100% of its take or pay obligations for both the 1980/81 and 1981/82 contract years for an additional $1 billion however, the company also proposes to end all take or pay
March 15, 1983
LONDON (AP) -- OPEC oil ministers have agreed to reduce the organization's benchmark crude price by about 15%, to $29 U.S. a barrel from $34, the first cut since OPEC started fixing prices during the 1973 Arab oil embargo against the
March 1, 1983
OTTAWA (CP) -- An energy agreement intended to keep the price of most Canadian oil below the world price might not survive much longer than another two weeks, the federal and Alberta governments indicated Monday.
The Canadian price is already
