Canada
News
October 06, 2025
Shell-led LNG Canada is preparing to load its first cargo from Train 2 this month, marking the next phase of Canada’s expanding LNG export capacity.
Article
September 2025
It’s been a tumultuous year for the Canadian oil patch—weakening markets have tempered expectations that the new federal government is open to discussing, and possibly changing, some of its most damaging and punitive policies and legislation.
News
September 16, 2025
Energy NL has written to Newfoundland and Labrador’s provincial party leaders ahead of the 2025 election, seeking clear positions on offshore oil and gas, Bay du Nord incentives, federal emissions cap regulations, and renewable energy development.
News
September 16, 2025
Canada has approved the $10 billion Ksi Lisims LNG project, a floating export facility backed by Blackstone, Rockies LNG, and the Nisga’a Nation. Set to start by 2028, the project will become Canada’s second-largest LNG export terminal.
News
September 15, 2025
MEG Energy has rejected Strathcona Resources’ sweetened C$7.6 billion bid, backing Cenovus Energy’s cash-heavy offer instead. The oil sands producer’s board cited risks tied to Strathcona’s shares and reaffirmed support for Cenovus ahead of an October shareholder vote.
News
September 12, 2025
Canada’s LNG expansion strategy gained momentum as Prime Minister Mark Carney placed Shell’s LNG Canada project on the national priority list, fast-tracking approvals for a potential doubling of export capacity.
News
September 10, 2025
Cenovus CEO Jon McKenzie says the company will not raise its takeover bid for MEG Energy, rejecting rival Strathcona’s higher all-stock offer as shareholder approval looms.
News
September 08, 2025
Strathcona Resources Ltd. increased its bid for oil sands producer MEG Energy Corp., seeking to break up the oil sands producer’s sale to larger Canadian rival Cenovus Energy Inc.
News
September 03, 2025
Alberta’s oil production rose to a record 4.32 million bpd in July as oil sands companies boosted output from well sites to fill the expanded Trans Mountain pipeline. Output from the oil sands also climbed to a record of 3.67 million bpd, according to Alberta Energy Regulator data.
News
September 01, 2025
Equinor has selected BW Offshore as preferred bidder for the FPSO unit for the Bay du Nord project offshore Canada. Bay du Nord, Canada's first deepwater project, is operated by Equinor and bp, and holds an estimated 400 million bbls of recoverable light crude in its initial phase.
News
August 28, 2025
Alberta is projecting a wider deficit for the current fiscal year as oil prices fall, denting a key source of revenue for Canada’s top energy-producing province.
News
August 22, 2025
Cenovus Energy will acquire MEG Energy in a deal valued at $7.9 billion CAD ($5.7 billion USD), forming a combined oil sands player with over 720,000 bpd production. The acquisition follows MEG's recent rejection of a lesser takeover bid from Strathcona Resources.
News
August 14, 2025
Canadian Natural Resources Ltd., Imperial Oil Ltd. and others are extending maintenance cycles to two-years from one, which saves on capital expenditure, increases output and effectively offsets declining profits resulting from lower oil prices.
News
August 12, 2025
Cenovus Energy Inc. is in talks with Indigenous groups in Canada to jointly buy MEG Energy Corp., an oil sands producer that faces an unsolicited $4 billion takeover bid from Canadian oil giant Strathcona Resources.
News
August 04, 2025
A joint venture between Fluor Corporation and JGC Corporation has been awarded a contract to update the Front-End Engineering and Design (FEED) for a proposed Phase 2 expansion of the LNG Canada facility, located in British Columbia.
News
July 31, 2025
German energy company Uniper and Tourmaline Oil Corp., Canada’s largest producer of natural gas, have finalized an eight-year physical gas agreement for 80,000 MMBtu per day beginning in November 2028.
Article
July 2025
The shipment reflects the start of Canada’s first exports of LNG to international destinations.
News
July 14, 2025
MidOcean Energy, a liquefied natural gas company founded by private equity firm EIG and backed by Saudi Aramco, has emerged as the frontrunner to buy a minority stake in Petronas’ Canadian business, people familiar with the matter said.
Article
June 2025
As Canada’s only active offshore oil and gas province, Newfoundland & Labrador has plenty of potential for additional reserves and development. The question is how much and how fast that potential can be realized.
News
July 08, 2025
The Global Energy Show Canada (GESC) concluded after three days of high impact discussions and industry innovations. Held at Calgary’s BMO Centre, the event brought together over 36,387 attendees and nearly 400 exhibitors from across the energy value chain.
News
July 01, 2025
LNG Canada has successfully shipped the first export cargo from its newly-constructed facility located in British Columbia, Canada. The plant is the first-of-its-kind in Canada with an annual production capacity of up to 14 million tonnes of LNG.
