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Alberta will be implementing a new automated system, known as Integrated Decision Approach (IDA) which will be fully operational by 2021. It will help the companies to submit only one application to cover the life of a project while earlier, separate applications were used for different project activities. It is operated by Alberta Energy Regulator and the companies of Alberta have saved $107 million so far, informed the government.
Major oil companies such as Exxon Mobil, Shell, and Chevron have called off production in the Gulf of Mexico region, amidst advisory issued by US National Hurricane Center for the subtropical storm, Alberto. The companies separately said that they have suspended activities and removed all the personnel from the oil and natural gas platforms in the Gulf of Mexico. The subtropical storm is expected to hit the Florida Panhandle today.