Key Takeaways South Korea is moving to buy significantly more Canadian crude oil, signalling growing confidence in Canada as a secure long-term supplier to Asian markets. Canadian LNG is also part of the opportunity, with South Korea looking at long-term imports that could strengthen Canada’s...
For well over a decade, Canada Action has supported natural resource development as a means of job creation and prosperity, making our country stronger in the process while building a stronger future for our families. Part of that equation includes advocating for the success of our energy, fores...
Oil and natural gas are two of the biggest drivers of Canada’s economy, supporting job creation, export growth, government revenues, and major private investment. The sector’s impact extends far beyond producing provinces, helping power supply chains, public services, and business activity acros...
Since the 2022 war in Ukraine, resource security has been put at the forefront of policymakers' agendas across Asia and the West, as these countries look to pivot towards more reliable and stable energy suppliers. Today, those concerns have been exacerbated by Middle East conflict, particularly ...
Key Takeaways Strong Economy: The Sable Offshore Energy Project (SOEP) generated approximately $3.7 billion in direct payments to Nova Scotia over 20 years, with total project expenditures on goods and services exceeding $7.9 billion – nearly half of which was spent within the province. Provid...
Did you know Canada is a top-ten global sulphur producer and the fifth-largest sulphur exporter? Although sulphur isn't known for its pleasant smell, the non-metallic chemical element is incredibly useful in our day-to-day lives. Sulphur production began in Canada primarily as a by-product of oi...
Key Takeaways: World in Crisis: Disruptions to the Strait of Hormuz have pushed global oil inventories into record-paced declines, with more than 1 billion barrels lost and 14 million barrels per day of production now shut in. Canada's Moment: Dr. Birol says Canada has a "once-in-a-generation ...
Key Takeaways Fastest Growing: B.C.'s oil and gas production has surged 153% since 2010, making it the fastest-growing hydrocarbon-producing province in Canada – now accounting for 39% of national natural gas output. LNG Milestone: LNG Canada – the largest private-sector investment in Canadian hi...
In the words of Karen Ogen, CEO of the First Nations Natural Gas Alliance, “Canadian LNG is Indigenous LNG.” According to Indigenous leaders like Ogen, ownership and benefit agreements for major natural gas infrastructure projects across British Columbia are playing a critical role in advancing ...
Key Takeaways: Canada's Energy Engine: Alberta accounts for over 90% of Canada's oil production and approximately 60% of its natural gas production, making the province the undisputed heart of the nation's energy sector. Record Production: In 2024, Alberta's total oil and gas production averaged ...