Energy

Ottawa Backs Down on Net-Zero Power Grid Target of 2035; Alberta to Continue Court Challenge The federal government has revised its clean electricity regulations, moving the deadline for a net-zero power grid from 2035 to 2050. The shift is vindication of Alberta’s long-standing position that 2050 is a more realistic and achievable target. In a […]

Canadian Oil Majors Forecast Higher Production in 2025 Amid Demand Optimism and Policy Uncertainty Canadian oil giants Suncor, Cenovus, and Imperial Oil each released corporate guidance on December 12. The companies are taking a bullish stance on 2025, forecasting production increases despite looming policy and potential trade challenges. Suncor outlines plans to boost production to […]

RMWB Tax Incentive Fuels Major Energy Investment Fort McMurray, AB – A major energy investment in the Regional Municipality of Wood Buffalo (RMWB) is set to generate hundreds of jobs and boost the local economy. Wolf Midstream, a Calgary-based energy company, has announced plans to expand its operations in the region with the construction of […]

Alberta Government Unveils Reforms to Cut Electricity Costs, Improve Grid Reliability The Alberta government has announced a series of reforms aimed at reducing electricity costs and improving grid reliability, though consumers may not see immediate relief on their power bills for some time. Nathan Neudorf, Minister of Affordability and Utilities, outlined the measures in a […]

Oil Industry Pushes Back Against Trump’s Proposed Tariffs on Canadian Exports The oil industry is sounding the alarm over President-elect Donald Trump’s proposed 25 per cent tariffs on all Canadian exports to the United States, including energy. The move could have significant consequences for U.S. energy security and consumer fuel prices, analysts warn. Patrick De […]

Alberta Joins U.S. Governors’ Coalition for Energy Security, Marking Pact’s First International Partnership Alberta has joined the newly formed Governors’ Coalition for Energy Security. Established in September 2024 by Louisiana Governor Jeff Landry and New Hampshire Governor Chris Sununu, the coalition aims to enhance energy security, reduce costs, and boost the reliability of oil and […]

Indigenous groups in Alberta are making history with Canada’s largest equity ownership agreement. Seventy-two Indigenous and First Nations communities across Alberta, British Columbia, and Saskatchewan are acquiring a $1 billion stake in TC Energy’s Nova Gas transmission system and Foothills pipeline. The consortium is purchasing a 5.34 per cent stake in TC Energy’s assets, backed […]

The Alberta Energy Regulator (AER) is releasing its latest Alberta Energy Outlook. AER confirms Alberta remains Canada’s largest producer of oil and natural gas, with oil sands making up two-thirds of the oil output. The regulator expects production to grow by another 17 per cent by 2033. Raw bitumen output is expected to increase to […]

The province is shutting down Canadian Energy Centre Ltd. (CEC), also known as the “Energy War Room.” The multi-billion-dollar agency was established by the UCP government under former Premier Jason Kenney to advocate for the Canadian, particularly the Alberta, energy sector. Since its inception in 2019, the Energy War Room has faced significant criticism and […]

Fort McKay First Nation and Suncor Energy are partnering to explore potential oil sands projects on the First Nation. On March 7th, the energy giant and the First Nation inked a memorandum of understanding (MOU) to collaborate on a potential oil sands project located within the reserve lands of the Fort McKay First Nation. The […]