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The greatest discovery, in terms of quantity, size, and overall effect on the industry was the discovery of the Pembina oil field by Mobil Oil in February 1953. [33] [32] With the discovery of the Leduc oil field in 1947 and the Redwater oil field in 1948 Manning's government realized the incredible potential of the massive oil reserves ...
The energy industry provided 7.7% of all jobs in Alberta in 2013, [7] and 140,300 jobs representing 6.1% of total employment of 2,286,900 in Alberta in 2017. [11] The unemployment rate in Alberta peaked in November 2016 at 9.1%. Its lowest point in a ten-year period from July 2009 to July 2019, was in September 2013 at 4.3%. [12]
Jobs, Economy, and Trades: Alberta Labour Relations Board (ALRB) Regulatory/Adjudicative Administers, reviews, and rules on applications and filings related to Alberta's labour laws, including unionization votes, strike votes, and union busting. Jobs, Economy, and Trades: Northern Alberta Development Council Advisory
The Energy and Utilities Board (EUB) was the governing body of the energy industry in the province of Alberta, Canada.Previously known as the Alberta Energy and Utilities Board (AEUB), the EUB was reorganized on 1 January 2008 into two separate regulatory bodies: the Energy Resources Conservation Board (ERCB), which regulates the oil and gas industry (later reorganized as Alberta Energy ...
Drilling for gas and oil takes place in Peace Country of north-eastern British Columbia, around Fort Nelson (Greater Sierra oil field), Fort St. John (Pink Mountain, Ring Border) and Dawson Creek. Oil and gas activity in BC is regulated by the Oil and Gas Commission (OGC). [29]
Alberta's first energy regulatory body was created in 1938. A succession of agencies led to the new ERCB being established 1 January 2008, as a result of the realignment of the Alberta Energy and Utilities Board (EUB) into the ERCB and the Alberta Utilities Commission. The ERCB also includes the Alberta Geological Survey.
Capital expenditure increased between 2006 and 2015 totalling $125 billion in all oil sands projects leading to a severe labor shortage in Alberta and driven unemployment rates to their lowest level in history – the lowest of all 10 Canadian provinces and 50 U.S. states.
The federal government took a 15 per cent interest, Alberta 10 per cent and Ontario five per cent. The private partners - Cities Service Canada, Gulf Oil Canada and Imperial Oil - agreed to retain their $1.4 billion interest in the project, but gave Alberta the option to convert a $200 million loan to Gulf and Cities Service into ownership ...