Russia Saudi Arabia province Saskatchewan covid-19 pandemic Oil prices Coronavirus Russia Saudi Arabia province Saskatchewan

Saskatchewan provincial government unveils help for oil and gas industry

Reading now: 122
globalnews.ca

The Saskatchewan government announced help for the provincial oil and gas industry, which is struggling with low oil prices brought on by coronavirus pandemic and a resolved price war between Saudi Arabia and Russia.

The measures address administrative issues and did not include any funding. “This package is something we felt we could bring out now as we continue to look at other things,” energy minister Bronwyn Eyre said on a conference call with reporters.

Deadlines for a “series of filings” were extended to help the oil and gas industry stabilize while employees transitioned to working from home, a statement said.

As well, mineral rights which would have expired in 2020 have been extended by one year. The only measure for which a dollar

Read more on globalnews.ca
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA