The MOU implementation agreement signed by Alberta and the federal government Friday is good news but it’s unlikely to spur industry to build and fill new export infrastructure, executives from across the value chain said at the Energy Connections Canada conference this week.
Canadian heavy oil exporters to U.S. Gulf Coast refiners needn’t worry about losing market share to Venezuela, an Energy Connections Canada conference heard this week.
More than 10 weeks into the Middle East war, oil prices remain high due to the sustained disruption of tanker traffic through the Strait of Hormuz.
Drilling rig activity in Western Canada and the Top 10 active operators as of May 22, 2026, as reported this morning by Rig Locator.
The U.S. rig count is up seven from last week to 558 with oil rigs up 10 to 425, gas rigs down three to 125 and miscellaneous rigs unchanged at eight.
Deep Sky has entered into an offtake agreement to provide the Lufthansa Group with high-quality direct air capture (DAC) carbon removal credits.
Summit Nanotech Corporation has changed its operating name to Summit Lithium Technologies.