The Business Council of Alberta is urging reforms to Canada’s major project approval system, including reducing late-stage cabinet involvement in Canada Energy Regulator decisions, warning Ottawa is currently regulating investment away.
North American pipeline executives say continuing regulatory roadblocks are delaying and in some cases cancelling needed new major projects.
Suncor Energy Inc. expects to increase upstream production by 100,000 bbls/d over the next three years, with corporate breakevens dropping by $5/bbl as it wrings out more efficiencies, president and chief executive officer Rich Kruger said at its investor day this morning.
Alberta’s New Democratic Party has released its energy policy, which aims to shape the energy conversation ahead of the next provincial election scheduled for Oct. 18, 2027.
The total government bonus received from land sales in Western Canada rose in the first three months of 2026 compared to a year ago.
Lycos Energy Inc. has closed its business combination with Mahikan Oil Corporation, bringing together two complementary heavy oil producers that establishes a larger, contiguous Mannville-focused land base with significant drilling inventory and development potential.
Lycos Energy Inc. announced board and officer appointments in connection with the closing of its business combination with Mahikan Oil Corporation.
Canacol Energy Ltd. announces the Court of King’s Bench of Alberta granted an order on March 26 in the company’s ongoing restructuring proceedings under the Companies’ Creditors Arrangement Act (Canada), approving the engagement of Breakpoint Advisory Partners LLC as chief restructuring officer.