Canada
News
September 01, 2025
Equinor has selected BW Offshore as preferred bidder for the FPSO unit for the Bay du Nord project offshore Canada. Bay du Nord, Canada's first deepwater project, is operated by Equinor and bp, and holds an estimated 400 million bbls of recoverable light crude in its initial phase.
News
August 28, 2025
Alberta is projecting a wider deficit for the current fiscal year as oil prices fall, denting a key source of revenue for Canada’s top energy-producing province.
News
August 22, 2025
Cenovus Energy will acquire MEG Energy in a deal valued at $7.9 billion CAD ($5.7 billion USD), forming a combined oil sands player with over 720,000 bpd production. The acquisition follows MEG's recent rejection of a lesser takeover bid from Strathcona Resources.
News
August 14, 2025
Canadian Natural Resources Ltd., Imperial Oil Ltd. and others are extending maintenance cycles to two-years from one, which saves on capital expenditure, increases output and effectively offsets declining profits resulting from lower oil prices.
News
August 12, 2025
Cenovus Energy Inc. is in talks with Indigenous groups in Canada to jointly buy MEG Energy Corp., an oil sands producer that faces an unsolicited $4 billion takeover bid from Canadian oil giant Strathcona Resources.
News
August 04, 2025
A joint venture between Fluor Corporation and JGC Corporation has been awarded a contract to update the Front-End Engineering and Design (FEED) for a proposed Phase 2 expansion of the LNG Canada facility, located in British Columbia.
News
July 31, 2025
German energy company Uniper and Tourmaline Oil Corp., Canada’s largest producer of natural gas, have finalized an eight-year physical gas agreement for 80,000 MMBtu per day beginning in November 2028.
Article
July 2025
The shipment reflects the start of Canada’s first exports of LNG to international destinations.
News
July 14, 2025
MidOcean Energy, a liquefied natural gas company founded by private equity firm EIG and backed by Saudi Aramco, has emerged as the frontrunner to buy a minority stake in Petronas’ Canadian business, people familiar with the matter said.
Article
June 2025
As Canada’s only active offshore oil and gas province, Newfoundland & Labrador has plenty of potential for additional reserves and development. The question is how much and how fast that potential can be realized.
News
July 08, 2025
The Global Energy Show Canada (GESC) concluded after three days of high impact discussions and industry innovations. Held at Calgary’s BMO Centre, the event brought together over 36,387 attendees and nearly 400 exhibitors from across the energy value chain.
News
July 01, 2025
LNG Canada has successfully shipped the first export cargo from its newly-constructed facility located in British Columbia, Canada. The plant is the first-of-its-kind in Canada with an annual production capacity of up to 14 million tonnes of LNG.
News
June 30, 2025
According to Alberta Energy Regulator data, Cenovus Energy Inc.’s Christina Lake oil sands site vented the most natural gas in more than four years into the atmosphere when a wildfire forced an emergency shutdown of the facility in May.
News
June 20, 2025
Canadian oil producer Strathcona Resources stood by its offer for MEG Energy after having the $4.1-billion takeover bid rejected by MEG’s board. While MEG called the offer “inadequate and opportunistic,” Strathcona continues to try to win over MEG shareholders.
News
June 15, 2025
During the Executive Conference of the Global Petroleum Show last week, Alberta’s premier, Danielle Smith, provided an update on the province’s energy sector and gave her assessment of the new federal administration’s policies on energy.
News
June 06, 2025
The Global Energy Show Canada (GESC) takes place in Calgary this week June 10 - 12, bringing together industry leaders to tackle energy security, climate responsibilities and global demand challenges. "This year's show marks a significant evolution, both in scale and substance," said Nick Samain of dmg events.
News
June 06, 2025
“This transaction, combined with the sale of our East Finn assets in 2023, completes our exit from the United States, allowing us to focus on our core gas-weighted assets in Canada and Europe,” Vermilion said in a statement.
News
June 05, 2025
The Energy NL Conference & Exhibition 2025 concluded Thursday after an informative and engaging discussion on the potential of the industry, Indigenous participation in resource projects, trade and market diversification, regulations, and an update on the Bay du Nord Project.
News
June 04, 2025
The Energy NL Conference & Exhibition 2025 continued in St. John’s on Wednesday, and began with an update from Jeff Murphy, Vice President Capital Projects with North Atlantic, who spoke about recently announced negotiations with ExxonMobil France.
News
June 03, 2025
The Energy NL Conference & Exhibition 2025 began Tuesday in St. John’s with statements from Energy Minister Steve Crocker, who outlined his vision for the region's energy industry, and Kerry Moreland, President of ExxonMobil Canada, who detailed Exxon's discovery of 75 million barrels of oil in the last year.
News
June 03, 2025
Petronas is considering options for its Canadian company formerly known as Progress Energy Resources Corp., including a sale, according to people familiar with the matter. A transaction could value the Canadian business at $6 billion to $7 billion, sources said.
