Vermilion Energy Inc. has assembled almost three million acres prospective for natural gas in Europe and Canada, and is now building its drilling inventory and looking for bolt on acquisitions around core areas, executives said at its investor day last week.
Bonterra Energy Corp. has entered into a definitive agreement with a private company to acquire an asset adjacent to its existing Charlie Lake operations in the Greater Bonanza area for total cash consideration of $15.7 million, subject to customary closing adjustments.
Bonterra Energy Corp. has approved a 2026 preliminary budget range of $75 to $80 million.
Canadian Natural Resources Limited’s 2026 operating capital budget of approximately $6.3 billion targets to deliver value growth and strong returns on capital.
Imperial Oil Limited plans capital and exploration expenditures of $2.0 to $2.2 billion in 2026, focused on projects to strengthen long-term profitability.
Hydrogen has been viewed as a key decarbonization solution for reducing emissions in certain sectors. But it can also support the Canadian government’s key investment and economic growth strategies and should be seen in that light.
Ovintiv Inc. and a subsidiary of Pembina Pipeline Corporation announced the signing of a 12-year agreement for 0.5 million tonnes per annum (mtpa) of Pembina's liquefaction capacity at the Cedar LNG facility.
Progress in the construction of the Cedar LNG project is meeting expectations, and Pembina Pipeline Corporation has now contracted all of its 1.5 mtpa share of liquefaction capacity with its recent deal with Ovintiv Inc., the company announced in its 2026 guidance release.
Pembina Pipeline Corporation expects capital expenditures of approximately $1.6 billion in 2026 as construction continues on Cedar LNG and fractionation expansions at Fort Saskatchewan, and it advances a further buildout of its NGL infrastructure .
As part of a broader organizational evolution and in conjunction with planned retirements and succession, Pembina Pipeline Corporation is consolidating key executive portfolios to drive enterprise-wide alignment in support of the company's strategic priorities.
With increasing optimism on future production growth out of Western Canada, Pembina Pipeline Corporation has greenlighted the first of three planned expansions of its Peace Pipeline System to deliver more NGLs to market.
Paramount Resources Ltd. has secured a $250 million delayed draw term loan facility with Export Development Canada and extended the maturity date of its $500 million senior secured revolving bank credit facility.
Susanna Zagar was named the new president and CEO of the Canadian Gas Association (CGA), effective Jan. 1, 2026.
The take-private deal for STEP Energy Services Ltd. by funds advised by ARC Financial Corp. has been completed.