James Stevenson

• Nexen Says CBM Plans Back to Being Economic After Tweaks to Alta Royalty Regime

  By James Stevenson  |  April 29, 2008

  The company has come to terms with the government's new royalty regime, now it looks to move forward.

• Petro-Canada Carries on With Oilsands Plans Despite Royalty Hike

  By James Stevenson  |  October 26, 2007

  The news came as an anticipated sell-off in oil and gas stocks on TSX failed to materialize in the wake of Alberta's controversial royalty increase.

• Oilpatch Warns That Royalty Increases Will Hurt Environmental Spending

  By James Stevenson  |  October 12, 2007

  This is the latest argument in the sector's fight against higher royalties in Alberta.

• Smaller Oilpatch Players Join Big Oil in Fighting Royalty Increases

  By James Stevenson  |  October 7, 2007

  Alberta's small energy players appear ready to play a more prominent role in the lobbying effort against royalty increases.

• Big Oil Companies Jump Into Fight Against Royalty Increases

  By James Stevenson  |  October 3, 2007

  Heavyweights Talisman Energy and Petro-Canada are the latest to join Canada's biggest oil and gas companies attempting to gang-tackle a proposed 20% royalty boost in Alberta.

• Oilpatch Warns of Shrinking Revenues if Alberta Boosts Royalties

  By James Stevenson  |  September 24, 2007

  The oilpatch is responds to a report that says Alberta should boost royalties nearly 20%.

• Oil Sands Industry Says There's No Need to Change Royalty Structure

  By James Stevenson  |  May 14, 2007

  In a written submission to a provincial royalty review panel, the Canadian Association of Petroleum Producers says oil sands projects have a lot of major obstacles to overcome before producing even a barrel of crude.

• Second Storage Tank Collapses at Canadian Natural Oil Sands Site

  By James Stevenson  |  May 14, 2007

  The latest incident occurred less than three weeks after the first tank collapsed.

• Nexen Blames "Competitive Forces" on Latest Oil Sands Cost Increase

  By James Stevenson  |  April 26, 2007

  Nexen forecasts another increase to the capital cost of its new oil sands project in northern Alberta, with Long Lake now expected to cost C$5 billion to complete.

• Oilpatch Shouldn't Be Surprised by New Emissions Legislation

  By James Stevenson  |  March 12, 2007

  Canadian Natural Resources will hold off on plans for its new C$6-billion heavy oil upgrader until environmental laws are clearer and service costs cool down.