Tim Hodgson, Canada’s minister of energy and natural resources, said Canada and India are working on new energy agreements that will provide policy alignment and unlock trade and investment worth billions.
The return of Venezuelan heavy oil to global markets shouldn’t have much of an impact on Canadian operators in the near term, Imperial Oil Limited president and chief executive officer John Whelan said at its fourth quarter 2025 earnings call on Friday.
After over a century since its discovery, Imperial Oil Limited plans to cease production at the historic Norman Wells oilfield in the Northwest Territories in the third quarter of this year, the company announced on Friday.
Enhanced oil recovery (EOR) will not solve all cost challenges related to carbon capture utilization and storage, but new federal EOR incentives could accelerate project development, industry experts say.
The Duvernay dominated Alberta’s Jan. 28 land sale, claiming both the largest posting in the Pembina area and the highest unit price paid in the Medicine River area for exploration.
Workers are set to return to Dow’s $10-billion Path2Zero petrochemical expansion at Fort Saskatchewan after a nine-month delay in construction, chief executive officer James Fitterling said at the company’s fourth quarter earnings call.
Calgary-based Northstar Downhole Specialists has entered a strategic partnership with Welltec, a Denmark-based provider of advanced well solutions.
Devon Energy Corporation and Coterra Energy signed a definitive agreement to merge in an all-stock transaction.
The Commission of the Canada Energy Regulator (CER) has issued its recommendation report for Westcoast Energy GP Inc. on behalf of Westcoast Energy Limited Partnership’s Sunrise Expansion Program, finding that it is in the public interest and recommends that a certificate be issued to authorize the project.
The B.C. government and BC Hydro are launching a competitive process for approving new AI and data centre projects that will run on hydroelectricity.
Englobe Corporation announced last week it has acquired Tetranex, expanding its engineering services footprint in Western Canada.