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Oil sands revenue tops Alberta's royalty stream

Thursday, 18 February 2010 00:00

The torrent of billions in oil sands megaproject spending has, until now, produced a relative trickle in energy royalty revenues for the government of Alberta. But in a sign of how quickly Fort McMurray is transforming the province's economy, oil sands revenues are expected to overtake income from any other energy sources in the current fiscal year, which ends in June, for the first time.

Read more: Oil sands revenue tops Alberta's royalty stream

 

ConocoPhillips Oilsands Expansion creates New Jobs

Friday, 29 January 2010 00:00

Houston-based ConocoPhillips and French oil company Total SA recently announced plans to expand their Surmont oilsands development southeast of Fort McMurray, Alta.

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New Home Sales Triggered by improving job Climate

Wednesday, 09 December 2009 16:01

A recent article in the Calgary Herald suggests that an increase in New Home sales in Alberta has plenty to do with among other factors, an abundance of new jobs - especially in Wood Buffallo.

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Big new Toys = Even Bigger Job Opportunities

Friday, 27 November 2009 16:18

More good news for those considering a move to Fort McMurray for work. As of this month, Shell and its two partners in the Albian Sands project will invest in upwards of $60 million in massive new mining trucks and tractors that will add to the some 200 units already in operation. This undoubtedly will create new job opportunities on a variety of levels.

Read more: Big new Toys = Even Bigger Job Opportunities

   

Suncor Project Creates Over 3000 new jobs

Tuesday, 17 November 2009 01:35

Good news for job hunters with an eye on Fort McMurray. A decision made this past Friday has Suncor Energy saying they have "officically restarted growth in the oilsands."

Read more: Suncor Project Creates Over 3000 new jobs

   

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