The Trans Mountain Expansion project could enable greater access to overseas markets once complete
Canada wrestles with a produce more/emit less paradox
The requirement to cut the upstream industry’s carbon footprint places a chokehold on growth ambitions
The Canadian oil and gas sector has faced numerous headwinds over the past 15 years or so, many of tsunami intensity. But it has, on the whole, come out the other side stronger—especially in terms of oil production and exports—and more profitable. But its biggest challenge may still be ahead. These headwinds included the 2007-09 global financial crisis; a well-funded and sophisticated environmental campaign against oil sands development; the US shale oil and gas revolution; the 2014-16 oil price slump; federal climate policy and regulatory morass; an exodus of IOCs from the oil sands; the 2018 Western Canadian oil price implosion—due to a lack of egress from the region—and subsequent curtail
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18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
