While unable to provide details on what led to ARC Resources Ltd.’s C$22-billion sale to Shell plc announced Monday, ARC’s chief executive officer Terry Anderson said the deal wasn’t part of the company’s long-term strategy.
ARC Resources Ltd. reported record production of 418,522 boe/d in the first quarter of 2026, driven by a big jump in production at its Kakwa condensate play in Alberta.
Ottawa is spending $6 billion over five years for incentives to increase the number of people going into trades and trades education by up to 100,000.
Analysis of the most impactful Canadian oil and gas acquisitions in 2025, led by Whitecap’s Veren deal, using Geologic’s Evaluate Energy data.
In the first quarter of 2026 the total amount of equity financings completed by Canadian oil and natural gas exploration and production companies was approximately $280.0 million, up 26 per cent from the approximately $220.0 million raised in the first quarter of 2025.
The spring economic update the federal government released Tuesday seeks to formalize a pivot in climate policy Ottawa committed to in last year's energy agreement with Alberta.
A legal challenge began in B.C. Supreme Court in Vancouver on Monday, April 27, to determine whether the $12-billion, 750-kilometre Prince Rupert Gas Transmission natural gas pipeline project was “substantially started” as determined by the B.C. Environment Ministry.
Western Energy Services Corp. reported declines in both operating days and revenue per operating day in Canada in the first quarter of 2026 for its contract drilling business.
Pulse Seismic Inc. reported total revenue for the first quarter of 2026 of $1.9 million, compared to $22.8 million for the same period in 2025.
Acceleware Ltd. has entered into a second farm-in agreement for one section of land, with an option for an additional half-section of land, targeting the Mannville Stack in Saskatchewan.