On January 27, 2016 the Government of Canada announced new interim rules which will guide federal decision-making on natural resource projects. These rules will apply until the Government’s formal review of the federal environmental assessment legislation and the National Energy Board’s (NEB) process, announced in December, 2015, is complete. While the Government has not yet announced any of the specific measures it plans to take to overhaul the existing system, it is expected to take several [Read more]
Thoughts from the Trenches: Incentivizing producers
This is the first of four blog posts in BLG’s Thoughts from the Trenches blog series on the Alberta Royalty Review Report. Albertans, and more broadly oil and gas industry watchers, have had over two weeks to digest the Royalty Review Report (the “Report”), commissioned by the Notley government . The government commissioned the report to assess whether Albertans were receiving their “fair share” of royalties from hydrocarbons produced from Alberta Crown-owned subsurface lands, which comprise [Read more]