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Tamarack Valley Energy CEO Brian Schmidt sees a need for even more export capacity in the long run as drillers ramp up output from newer fields.

While gas prices are expected to be subdued as 2023 ends, 'all 2024 private sector forecasts predict a return to stronger prices'.

More than 29,000 individuals have been evacuated from communities throughout north and central Alberta.

The new blaze near Fort McMurray, Alberta, is about 3 ha in size.

Capex for Canada's oil and gas extraction industries rose 1.68 percent quarter-on-quarter and 12.76 percent year-on-year.

The CER has approved the Inuvialuit Energy Security Project (IESP) Energy Centre project, which will convert natural gas into compressed natural gas, propane, and synthetic diesel.

The project includes constructing and operating two parallel condensate and NGL pipelines from British Columbia to Alberta.

Canada will require its oil and gas industry to cut emissions 35 percent to 38 percent below 2019 levels by 2030.

Prime Minister Justin Trudeau's government plans to unveil its proposal to cap oil and gas emissions this fall.

Canada plans to sell a stake in the Trans Mountain oil pipeline to individual indigenous communities through a special-purpose vehicle.