Canada Archives -

S&P Global: Canadian oil sands emissions intensity falls 31% since 2009

June 24, 2026

(World Oil) – The greenhouse gas (GHG) intensity of Canadian oil sands production declined for a 13th consecutive year in 2025, extending a long-term trend of improving emissions performance despite continued production growth, according to new analysis from S&P Global Energy. The study found average oil sands emissions intensity fell 2% year-over-year to 59 kgCO2e/bbl in 2025. Since 2009, emissions intensity has

CanCambria Energy to Host Investor Update Webcast on Kiskunhalas Project and Recent Strategic Developments

June 23, 2026

(Oil & Gas 360) – Investor webcast scheduled for June 30, 2026, at 1:00 p.m. PDT. Vancouver, BC – June 23, 2026 – CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to announce that Dr. Paul Clarke, President and Chief Executive Officer, will host an investor webcast via Zoom on June 30, 2026,

Lower costs see oil sands emerge as one of North America’s most attractive plays

June 16, 2026

(BOE Report) – Alberta’s oil sands have emerged as one of North America’s most attractive oil plays as costs rise in competing basins like the Permian in Texas, according to a recent report. The oil sands hold 177 billion barrels of proved reserves, making it the largest play in North America by a wide margin. Existing operations have some of the continent’s lowest

Permian vs. Montney: Capital, control, and the next phase of investment

June 9, 2026

(By Oil & Gas 360) Part II of II– If the first part of the story is about geology and production, the second is about capital, and who controls the resource. Because the biggest structural difference between the Permian and the Montney is ownership. In the Permian, subsurface rights are largely privately held. That has created one of the most dynamic capital environments

Alberta pitches cheap natural gas for data center boom

June 9, 2026

(BOE Report) – Alberta is touting its abundant supply of cheap fossil fuels to entice tech companies to build data centers for the AI boom, a move that would undermine Canada’s plan to link new data center development with clean energy expansion. Canada is the world’s fifth-largest producer of natural gas, around 60% of which comes from Alberta. As well

Permian vs. Montney: Scale vs. longevity

June 8, 2026

(By Oil & Gas 360) Part I of II- The Permian Basin and the Montney are often talked about in the same breath, they shouldn’t be. Not because they aren’t comparable, but because they represent two very different models of what modern energy supply looks like. One is built on scale, speed, and global influence. The other is built on depth, longevity, and structural resilience. Together, they tell a bigger

Fluor JV receives notice to begin work on LNG Canada Phase 2

June 2, 2026

(World Oil) – LNG Canada has taken another step toward a proposed expansion of its export facility in Kitimat, British Columbia, issuing a limited notice to proceed (LNTP) for Phase 2 of the project. Fluor Corp. announced that its JGC Fluor BC LNG II joint venture with JGC Corp. has received authorization to begin early planning and execution activities in support of a potential

Alberta government will hold non-binding referendum on staying in Canada, premier says

May 22, 2026

(BOE Report) – Canada’s oil-rich province of Alberta will proceed with a non-binding referendum in October on whether its residents want to remain part of Canada, Premier Danielle Smith said Thursday, a largely symbolic move that could still pose a major challenge for Prime Minister Mark Carney. The ballot box question will not trigger separation, Smith said, but will instead

Canada’s energy basins: Onshore, offshore, frontier, and what comes next

May 14, 2026

(By Oil & Gas 360) Part II – If Part I is about what Canada has built, Part II is about what it hasn’t fully unlocked. Because the next phase of Canada’s energy story is not just in the Western Canadian Sedimentary Basin. It’s onshore, it’s offshore, it’s frontier, and increasingly, it’s global. For decades, Canada’s oil and gas system was

Canada’s energy basins: A different kind of resource story

May 13, 2026

(By Oil & Gas 360) – Part I – Canada’s oil and gas story has never followed the same path as the United States. It hasn’t been defined by speed, short-cycle production, or the ability to rapidly scale in response to price. Instead, it has been built on something else entirely: size, longevity, and resource depth. That difference shows up most clearly in

LNG Canada exports hit 1 million metric tons for first time in single month

May 4, 2026

(BOE Report) – Exports of liquefied natural gas from Canada’s LNG Canada plant topped 1 million metric tons in April, setting a monthly record, according to LSEG data. * LNG Canada is the country’s first major LNG export facility and the first on North America’s West Coast, giving it direct access to Asia, the world’s largest LNG market. * All

Shell to acquire ARC Resources in $13.6-billion deal to boost Canadian shale output

April 27, 2026

(World Oil) – Shell plc has agreed to acquire ARC Resources Ltd. in a deal valued at approximately $13.6 billion, or approximately $16.4 billion including debt. The deal significantly expands Shell’s position in Canada’s Montney shale and boosts long-term oil and gas production. The transaction will add roughly 370,000 boed of production to Shell’s portfolio and approximately 2 billion boe of proved plus probable reserves, strengthening its

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