Government and industry need to work together to attract the massive investment needed to grow oilsands production to fill the proposed one-million-bbl/d pipeline to the West Coast while reducing emissions, Imperial Oil Limited president and chief executive officer John Whelan told the Energy Roundtable on Thursday.
The Iran war has severely depleted global oil reserves and Canadian producers will be called on to help refill stocks when the war ends, Ninepoint Partners LP senior portfolio manager Eric Nuttall said at the Energy Roundtable.
Rockpoint Gas Storage Inc. has sanctioned a $14 million battery storage project at Warwick, northeast of Edmonton.
South Bow Corporation announced the successful outcome of its open season, which closed on March 30, 2026, securing 20-year binding commitments for firm transportation service from Hardisty, Alta., to U.S. delivery points.
Drilling rig activity in Western Canada and the Top 10 active operators as of May 29, 2026, as reported this morning by Rig Locator.
The U.S. rig count is up four from last week to 562 with oil rigs up four to 429, gas rigs unchanged at 125 and miscellaneous rigs unchanged at eight.
PTRC Sustainable Energy has appointed Erik Nickel to the position of president and chief executive officer.
In Q1 2026, Coelacanth Energy Inc. completed the final construction of its Two Rivers East facility and placed its 5-19 pad wells on production systematically throughout the quarter, yielding an average production rate of approximately 6,400 boe/d and a quarterly exit rate of approximately 8,000 boe/d.
Bret Kimpton, chief operating officer, is retiring from Coelacanth Energy Inc. to pursue other endeavors.