The president of one of Canada's biggest oil and gas producers says he doesn't believe Alberta's NDP government is out to hurt the industry as it prepares to review royalties and revamp environmental regulations.
One of Canada's biggest oil and gas producers said Wednesday it can't make future spending decisions until it gets a better handle on the new Alberta government's plans for royalties, taxes and environmental regulation.
Forest fires have forced Cenovus Energy and Canadian Natural Resources to shut down their oilsands operations near Cold Lake in eastern Alberta, accounting for close to a 10 per cent loss of the province's daily production of oilsands crude.
An important part of Alberta's oilsands air monitoring has been cancelled due to funding problems. In a letter to the province's pollution monitoring agency, the group responsible for air-quality testing says its mobile unit is 'no longer operable.'