Conservative Party of Canada leader Pierre Poilievre
Canada re-evaluates energy security with elections on horizon
The threat of Trump tariffs and the departure of Trudeau have sharpened the domestic political focus on boosting the oil and gas industry
The Canadian oil and gas industry has ramped up production substantially since the turn of the century, especially from the oil sands, despite many anti-hydrocarbon policies from the federal government led by Prime Minister Justin Trudeau and his Liberal Party over the past nine years. At least some of these policies are likely to be reversed with a leadership race for the Liberals— Trudeau agreed to step down as leader of the party in early January—and a springtime federal election now as much as guaranteed. Despite this, the future of the Canadian oil and gas industry has become even more uncertain, with US President Donald Trump threatening 25% tariffs on all imports from Canada and plann
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As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
