Canada
News
May 26, 2026
Northern Oil and Gas has entered the Canadian upstream sector through the acquisition of a 25% stake in Duvernay light oil assets in Alberta, expanding its unconventional shale portfolio with long-term drilling inventory and joint development plans.
News
May 25, 2026
Dalhousie University has launched a second industry participation round for Nova Scotia’s subsurface energy research program as the province continues evaluating the potential of onshore natural gas resources.
News
May 25, 2026
Canada’s energy minister said oil sands producers can absorb the costs of the proposed Pathways carbon capture project, even as companies continue raising concerns about carbon pricing and global competitiveness.
Article
May
After a long period in the regulatory “wilderness,” East Canada’s Nova Scotia province looks to make up for lost time in developing its oil and gas potential.
News
May 07, 2026
IEA Executive Director Fatih Birol met with Canadian officials to discuss oil and gas market disruption tied to the Strait of Hormuz crisis and Canada’s growing role in global energy exports.
News
April 30, 2026
Newfoundland and Labrador’s 2026 budget includes $90 million for offshore exploration, with industry pointing to growing momentum ahead of projects like Bay du Nord.
News
April 29, 2026
BW Offshore has signed a FEED agreement with Equinor for the Bay du Nord FPSO project offshore Canada, advancing the development toward a potential 2027 FID.
News
April 27, 2026
Canada has launched a $25 billion sovereign wealth fund to support energy, LNG and infrastructure projects, signaling increased federal backing for oil and gas development and export capacity.
News
April 27, 2026
Shell has agreed to acquire ARC Resources in a $13.6-billion deal, adding Montney shale production and strengthening its oil and gas portfolio in Canada.
News
April 17, 2026
Energy NL has appointed a new board of directors following its AGM, with leadership set to guide Newfoundland and Labrador’s offshore energy sector and local industry participation.
News
March 26, 2026
Tenaris has acquired AllTorque’s oilfield division to expand its tubular running technology and rig floor services, enhancing well integrity, operational efficiency and OCTG capabilities in Canada.
News
March 24, 2026
Canada and Nova Scotia have launched a new offshore licensing round covering 13 parcels near Sable Island, signaling renewed exploration activity and long-term investment potential in a basin with significant oil and gas resources.
News
March 24, 2026
Alberta is positioning itself as a global energy supply solution, with Premier Danielle Smith highlighting massive reserves, pipeline expansion plans and a push to double oil and gas production to 8 MMbpd.
News
March 04, 2026
Newfoundland and Labrador has signed a benefits agreement with Equinor and bp for the Bay du Nord offshore oil project, outlining local supply chain participation and advancing the development toward future investment decisions.
News
February 24, 2026
Ovintiv is directing nearly $2.3 billion in 2026 capital toward its Permian and Montney assets, targeting up to 275 net wells and increased oil output from its core North American basins.
News
February 23, 2026
After $37.8 billion in 2025 oil patch deals, analysts say Canada’s oil sands sector could be next in line for a transformational mega merger as pipeline pressure and pricing volatility reshape strategy.
Article
February
The Canadian oilpatch always seems to be in flux—if the fundamentals are strong, then there’s political uncertainty or intervention. And when the political support lines up, they are at the mercy of global commodity prices. Still, 2026 is lining up to be a decent year—for now.
News
February 17, 2026
The offshore industry is marking the anniversary of the Ocean Ranger disaster, remembering the 84 crew members lost in 1982 and the lasting impact on offshore safety standards worldwide.
News
February 14, 2026
Canada’s energy minister says carbon capture investments and the Pathways Alliance project will help secure the long-term future and global competitiveness of the country’s oil sands industry.
News
February 06, 2026
Canadian crude markets are showing signs of oversupply as widening Western Canadian Select discounts, rising storage incentives and increased competition from Venezuela pressure oil sands producers despite expanded export capacity.
News
February 05, 2026
VAALCO Energy has agreed to sell its non-core producing assets in Canada for approximately $35 million, allowing the company to refocus capital on higher-impact drilling and development opportunities across its core portfolio.
