The Court found that, among other things, the act still grants the power to stop a project in provincial jurisdiction if it has even the smallest impact on federal jurisdiction.

Suncor is selling offshore assets in Atlantic Canada as it focuses on its oilsands holdings, while Cenovus is buying a smaller peer to grow its own footprint in northern Alberta.

Athabasca Oil has 40,000 barrels per day of oilsands production currently, but Cenovus Energy sees the opportunity to ratchet that up to 115,000 by 2032.

The last boom from the mid-2000s to 2010s came with the side-effects of cost inflation, labour scarcity and housing shortages — the industry has changed significantly since then.

The government said it will work over the next year to complete consultations on the project itself, and to secure environmental safeguards, financing and Indigenous partnerships.

The proposed Pacific Link pipeline would see up to one million barrels of oil per day flow from Alberta to the BC. Lower Mainland for export to Asian markets.

Enbridge's acquisition of Tallgrass Energy includes a 75 per cent interest in the Pony Express Pipeline system that transports oil to a major storage hub in Cushing, Oklahoma.

Landowners are going to court over what they allege is the Alberta Energy Regulator's failure to fund the cleanup of oil and gas sites with no company responsible for them.

Danielle Smith says she wants to avoid further trade war escalations and instead double down on diplomacy efforts — cautioning the U.S. has the power to cripple Canada energy-wise.

Statistics peg the value of Alberta's oil exports to the U.S. in 2025 at close to $111 billion — representing much of the province's nearly $177 billion worth of global exports.