The group says MAGA Energy hasn't paid its lease for three years, and therefore the company is no longer allowed on their land in Edmonton.

CNRL says it's putting Jackpine mine expansion spending on hold until it gets more clarity around expected changes to federal carbon pricing and methane emissions rules.

Danielle Smith says any disruption in the Strait of Hormuz, a key oil choke point at the mouth of the Persian Gulf, underscores the need for a new Alberta pipeline to the Pacific.

South Bow's plans to revive the Keystone XL Pipeline would need Trump approval, better connections to existing U.S. pipeline network, say industry insiders.

Pembina says the two pipeline expansions it has sanctioned in Alberta and B.C. represent a total investment of $425 million and are set to come into service next year.

Suncor said it delivered record production during the fourth quarter of 2025 despite mucky conditions that caused problems for at least one of its nearby Alberta oilsands peers.

Alberta Premier Danielle Smith says renewed production in Venezuela would see more crude bound for U.S. refineries and create further competition for Canadian oil.

A lifting of U.S. sanctions on Venezuelan crude and a ramp up of production could pose a competitive threat to Canadian supplies in the Gulf Coast market.

Experts say that while Venezuelan oil is similar to crude produced in Canada, it will take some time before the South American country's industry could compete.

U.S. oil producers will likely be the first to cut output should crude prices continue to languish, but their Canadian peers should be able to keep chugging along, experts say.