TC Energy Corporation says it is seeing increased interest in service on the NGTL system, and discussions are underway on a new investment framework beyond its existing multi-year growth plan.

ConocoPhillips says that while it is seeing a strong performance in the Montney, its growth plans will depend on more LNG access out of B.C.  

Whitecap Resources Inc. raised 2026 production guidance by two per cent after exceeding production budget expectations in the first quarter of 2026.

Precision Drilling Corp.’s Canadian operations are expected to generate record activity in the second quarter of 2026, with an average active rig count of approximately 60 rigs — a 20 per cent increase over Q2 2025.

Hydrogen hubs across Canada should share learnings to reduce duplication and support faster commercialization, hub leaders said.

Imperial Oil Limited reported higher gross production at both Kearl and Cold Lake although its share of Syncrude production was slightly lower in the first quarter of 2026.

Cenovus Energy Inc. was the top operator across Canada during the first quarter of 2026 based on wells rig released, including experimental/test wells, with 339 wells drilled.

Drilling rig activity in Western Canada and the Top 10 active operators as of May 1, 2026, as reported this morning by Rig Locator.

Gibson Energy Inc. has closed its previously announced acquisition of Teine Energy Ltd.’s Chauvin infrastructure assets.

Yangarra Resources Ltd. had an active Q1 program, with six wells drilled and seven wells completed.

Exceptional year-to-date performance across its portfolio, complemented by improving declines from secondary recovery and higher commodity prices, have positioned Headwater Exploration Inc. to increase its dividend, accelerate growth and allocate incremental capital to projects improving profitability and asset duration.

Construction of Advantage Energy Ltd.’s new 75-mmcf/d Progress gas plant is mechanically complete, with commissioning now underway.

Advantage Energy Ltd. says it continues to await receipt of a CCUS investment tax credit (ITC) from the federal government.

Deep Sky announced a strategic partnership with ENGIE covering carbon credit procurement, joint research and market development.

Working gas in storage was 2.142 tcf as of April 24, 2026, according to Energy Information Administration estimates.