Farms.com Home   News

Update on Alberta’s energy sector: Minister Jean

“The innovation and hard work happening at home in Alberta’s energy sector is vital to strengthening global and North American energy security. Our province has the resources, skills and expertise needed to become the world’s best choice for a responsible and reliable energy producer.

“Every credible forecaster sees oil and gas continuing to dominate the energy mix for decades to come. According to the Alberta Energy Regulator, crude oil and equivalent production in Alberta averaged about 4.1 million barrels per day during the January to February period, an increase of about five per cent compared with this same period in 2022.

“Our province is already a leader in carbon capture, having stored 10 million tonnes safely underground and invested or committed $1.8 billion to support CCUS-related projects and programs.

“Alberta’s government will continue to fight for our energy sector and stand up against federal policies that prematurely signal the end of the country’s oil and gas sector and threaten to derail the economic future and livelihood of Canadians. This message was delivered loud and clear by Premier Smith when we recently met with federal Minister of Natural Resources Jonathan Wilkinson and Minister of Intergovernmental Affairs, Infrastructure and Communities Dominic LeBlanc.

Click here to see more...

Trending Video

OFA Lunch and Learn - Operating Finance Loans from ACC

Video: OFA Lunch and Learn - Operating Finance Loans from ACC

In this virtual presentation producers will learn more about ACC and the government programs they provide. With a track record of providing over three billion dollars in operating funds to Canadian producers, ACC offers low-cost operating loans tailored to meet the diverse needs of farmers across Canada. Led by a Board of Directors composed predominately of farmers, ACC’s expertise encompasses loan provision, credit review, loan management, government compliance, and efficient repayment collection, ensuring steadfast support for the agricultural community.