The recent Shell plc acquisition of ARC Resources Ltd. is a vote of confidence for Alberta’s energy industry but the province would like to see more investment targeting both the oilsands and its conventional oil and gas resource, Energy Minister Brian Jean told the Energy Connections Canada conference on Tuesday.
It’s “highly unlikely” that a new West Coast pipeline will proceed without government money, the former CEO of the Canada Energy Regulator (CER) said Wednesday.
Prime Minister Mark Carney and British Columbia Premier David Eby have agreed to work together on the province’s economic goals within the federal government’s major projects fast-tracking plans.
The Alberta government brought in $13.73 million at the May 20 land sale.
Working gas in storage was 2.391 tcf as of May 15, 2026, according to Energy Information Administration (EIA) estimates.
Tuktu Resources Ltd.’s production volumes averaged 434 boe/d (34 per cent crude oil, 66 per cent natural gas), a decrease of 38 per cent from the same period of 2025.