CALGARY - Enbridge Inc. says it will invest US$900 million on a 600-megawatt solar project that will support Meta Platforms, Inc.'s data centre operations. The Calgary-based pipeline company says construction is underway for the project dubbed Clear Fork, located near San Antonio, Texas. Service at the facility is expected to begin during the summer of 2027. Meta, which owns social media and messaging platforms such as Facebook, Instagram and WhatsApp, has signed a long-term contract [Read more]
Oilfield service group says relief from counter-tariffs on U.S. sand ‘fantastic news’
CALGARY - The federal government is offering Canadian oil and gas drillers counter-tariff reprieve on the vast amounts of sand they import from the United States. The sand is used in the hydraulic fracturing — or fracking — process to help free resources trapped in hard-to-access shale formations deep underground. It's among the imported U.S. goods on which Canada has imposed a surcharge in retaliation for President Donald Trump's flurry of tariffs. Sand from Wisconsin meets [Read more]
Schlumberger to sell ChampionX subsidiary in deal with Competition Bureau
GATINEAU - The Competition Bureau says Schlumberger Ltd. has agreed to sell a subsidiary of ChampionX Corp. as part of its deal to buy the oilfield services company. The competition regulator says Schlumberger's acquisition of ChampionX would likely result in a substantial reduction in competition in the supply of critical oilfield services and equipment in Canada. Its review found the deal would likely lead to reduced innovation and access to products used in drill bits for oil and gas [Read more]
Iraqi oil field on fire after drone strike during attacks in Kurdish region
BAGHDAD (AP) — An oil field in Iraq 's Dohuk province was set ablaze Tuesday after being struck by a drone. It is the latest in a series of similar attacks launched recently against oil facilities in northern Iraq's semi-autonomous Kurdish region. No group has claimed responsibility for the attack. The attack came the same day Iraq signed an agreement with the oil field's operator, U.S.-based HKN Energy Ltd., for investment in a field at another location. HKN Energy confirmed in a [Read more]
Ontario Premier Doug Ford pitches railway to Ring of Fire, Alberta is on board
Ontario signed an agreement with Alberta to build infrastructure and energy corridors that include a possible railway to the mineral-rich Ring of Fire region, the premiers of both provinces announced on Monday. Ontario Premier Doug Ford and Alberta Premier Danielle Smith signed two non-legally binding memorandums of understanding about increasing trade and building energy corridors, including commitments to build oil and natural gas pipelines to northern and southern Ontario. Ford has been [Read more]
Alberta to hold nuclear power consultations as reactor companies weigh opportunities
CALGARY - Alberta plans to hold public consultations this fall on adding nuclear power to the province's energy mix, Premier Danielle Smith said Monday. There have long been discussions about building reactors in Alberta — including ones that could power oilsands operations — but the province is currently reliant on greenhouse-gas emitting natural gas for electricity. Those conversations are to begin anew around September or October, when Chantelle de Jonge, parliamentary secretary for [Read more]
Premiers Danielle Smith and Doug Ford agree to study new energy corridors, more trade
CALGARY - The premiers of Alberta and Ontario agreed Monday to a feasibility study of new pipelines and rail lines between provinces and pledged to increase interprovincial trade of alcohol and vehicles. The agreements, laid out in two memorandums of understanding the premiers signed in Calgary, will also see Alberta and Ontario band together to advocate for federal regulatory changes and push for nuclear energy development. "We're uniting with Ontario to amplify our voices and double down [Read more]
Alberta natural gas expected to see a bump next year thanks to LNG exports: Deloitte
CALGARY - A new report from advisory firm Deloitte is forecasting a big jump in Alberta natural gas prices next year, with the country's first West Coast export facility now up and running. The Alberta benchmark AECO price is expected to average $2.20 per mmBTU in the second half of this year and then rise to an average of $3.50 per mmBTU in 2026. It averaged $1.36 per mmBTU last year. By the end of the forecast in 2032, the average AECO price is expected to hit $4 per mmBTU. Alberta [Read more]
Norwegian company has plans for LNG export project in Quebec
MONTREAL - As Canada looks to fast-track major projects that could reduce its dependence on the United States, a new subsidiary of a Norwegian energy company says it wants to build a liquefied natural gas export facility in Quebec. Marinvest Energy Canada says there is a strong business case for an LNG project in Quebec that would supply markets in Europe. The project is in early stages, and the company has not publicly shared many details, but its representatives have been meeting with [Read more]
Ottawa announces funding for five Alberta carbon capture projects
COCHRANE - The federal natural resources minister has announced $21.5 million in funding for five Alberta projects that aim to lower the cost of capturing and storing carbon dioxide emissions. But Tim Hodgson had few details to share Friday about how talks are progressing with a group of major oilsands players on a separate $16.5-billion carbon capture, usage and sequestration project that remains in limbo. "It's something that's being worked on actively," Hodgson said of the massive [Read more]
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