Alberta predicting 2026 budget surplus thanks to oil prices, Middle East war
The province’s latest fiscal update predicts a $2-billion surplus — a huge turnaround from the $9.4-billion deficit originally expected for the 2026 fiscal year.
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The province’s latest fiscal update predicts a $2-billion surplus — a huge turnaround from the $9.4-billion deficit originally expected for the 2026 fiscal year.
(World Oil) – On the edge of the Canadian Rocky Mountains, companies including Obsidian Energy Ltd. and Yangarra Resources Corp. are breathing new life […]
Five major companies also agreed to build Pathways carbon capture and storage mega-project
(BOE Report) – A series of new Canadian crude oil export pipeline projects could help the world’s fourth-largest oil producer […]
Plus, Alberta and Saskatchewan are looking at a whopping 70 data centre proposals
Cenovus Energy said most of the production bump has been from its largest asset, the steam-driven Christina Lake project near Colklin, located south of Fort McMurray.
(Oil Price) – Canada’s biggest oil sands producers, the Alberta provincial government, and the federal government have reached a new milestone […]
The producer returned $1.4 billion to shareholders even as earnings fell short of analyst forecasts
Canada has made a proposed one-million-barrel-per-day west-coast pipeline more politically real just as the barrel case has become harder to defend. The official project now has a...
David Knight Legg: Alberta chose preparation over prohibition
Statistics peg the value of Alberta's oil exports to the U.S. in 2025 at close to $111 billion — representing much of the province's nearly $177 billion worth of global exports.
Alberta is now forecasting a $2 billion surplus this fiscal year. That's an $11.4 billion swing, after initially projecting a deficit.
Other sectors have outpaced the oilpatch, where employment 'remains largely unchanged'
Reality is already catching up with the U.S. Strategic Petroleum Reserve.
It’s time for the federal government to embrace the full-throated development of Canada’s oil and gas sector.
Healthy equity market offset private equity woes to help Alberta fund weather first half of year marked by trade uncertainty and conflict
Premier Danielle Smith has said Alberta’s grid operator will use surplus energy to power the centre until a new natural gas-fired plant starts powering it in 2030.
Canadian oil producer Imperial Oil announced Friday that it more than doubled its second-quarter profit amidst a surge ‌in world oil prices.
Trans Mountain and Pembina would ship 1 million barrels a day from Alberta to the coast
Landowners are going to court over what they allege is the Alberta Energy Regulator's failure to fund the cleanup of oil and gas sites with no company responsible for them.
Texas produced 42.3% of U.S. crude oil in 2025, and the Gulf Coast region accounted for nearly three-quarters of national output.
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