Permitting is underway at O’Leary Digital Limited’s massive Wonder Valley data centre development south of Grande Prairie, but the proposed $70-billion power and data centre campus could be internally competing for capital with a new proposed development with the same name in Utah.

While some of its peers plan to cut capital spending in 2026 in light of low and seesawing natural gas prices, Peyto Exploration & Development Corp. is staying the course, president and chief executive officer J.P. Lachance said on its year-end 2025 conference call.

Peyto Exploration & Development Corp. is working to increase utilization of its 1.5 bcf/d of gas plant processing capacity in 2026 to help drive its already low operating costs down further, executives said at its year-end 2025 earnings call.

The war in the Middle East is creating the largest supply disruption in the history of the global oil market, says the International Energy Agency (IEA).

The Alberta government brought in $27.42 million at its March 11, 2026, land sale held this week.

Nova Scotia has released details of a new cost-sharing incentive — including full reimbursement of the first $2 million per well — that are now available as part of the Call For Participation issued by the province’s Subsurface Energy Research and Development Investment Program.

Total Energy Services Inc.’s board of directors has approved a $31.6 million increase to the company’s 2026 capital budget to $87.4 million.

For the first quarter of 2026, Rubellite Energy Corp. is forecasting a total of $30–$32 million in exploration and development spending.

Rubellite Energy Corp. brought 14 (12.5 net) heavy oil wells onstream at Figure Lake and Frog Lake in the fourth quarter, for a total of 46 (39.0 net) new heavy oil wells contributing to sales in 2025.