Canada has long claimed to be a reliable supplier of energy, but until recently this has not translated into significant oil and gas exports to Asia — something the federal and some provincial governments and industry players are hoping to improve upon, especially with the new Mideast war causing yet another global energy crisis.

Countries such as Japan, India and the Philippines want Canadian energy and this country needs to get in the game in a more serious way, says the chair of a group promoting Canadian resource development to build a secure future for Canada and its allies around the world.

Edmonton-region partners and Kawasaki Heavy Industries Ltd. are investigating whether domestic and export liquefied hydrogen supply chains can be developed in Canada, marking a potential step toward connecting Alberta supply with Asian demand.

It’s going to take months for oil flows to return to normal after hostilities end in Iran and the Strait of Hormuz reopens, industry leaders said at Columbia University’s Global Energy Summit on Tuesday.

ATB Cormark Capital Markets’ Spring 2026 Energy Sector Survey shows confidence is strengthening across the Canadian energy sector, with exploration and production (E&P) companies, energy services firms and institutional investors all reporting a more “constructive outlook” for the balance of 2026.

Producers working across Canada drilled more wells in March compared to the prior-year period, led by higher activity in Alberta and Saskatchewan.

Lotus Creek Exploration Inc. has sold its non-core assets located in Tableland, Sask., to an arm’s length third-party for aggregate proceeds of $13 million.