With the arrival of May 1, Trans Mountain Corporation’s $34-billion, much-delayed pipeline expansion enters its most important stage yet.

U.S. utilities are forecasting rapidly increasing power demand from new data centres being constructed to drive AI applications, and operators along the natural gas value-chain believe much of this power demand will be met by gas-fired generation, setting off a boom equal to or larger than the recent LNG export frenzy.

Chevron Corporation’s move into low-carbon venture investment has been “very positive,” according to its chief executive officer, while discussing the company’s third and largest fund yet.

Exxon Mobil Corporation believes oil and gas demand for energy will remain strong for the long term, but the company is rapidly advancing new technologies that turn hydrocarbon molecules into high value new materials in the event the energy transition picks up pace, chief executive officer Darren Woods told analysts on its first quarter 2024 conference call.

Canadian E&P companies’ appetite for debt is slowly returning after a two-year crash diet as they cleaned up balance sheets post-pandemic, according to an Evaluate Energy analysis of 38 E&P companies headquartered in Canada.

Cenovus Energy Inc.’s first quarter refining throughput of 655,200 bbls/d was a record volume as the company continues to improve its downstream reliability, most notably south of the border.

Geoff Murray, currently Cenovus Energy Inc.’s senior vice-president, commercial, has been promoted to executive vice-president, commercial, and will continue to report to the chief commercial officer.

Three former senior Alberta Energy Regulator employees will share essential insights, tips, and tactics to guide energy deals through Canada’s oil and gas regulatory process in a new course. 

During the first quarter, Yangarra Resources Ltd. successfully executed a high-graded capital program resulting in promising results at West Ferrier and Chambers.

The Western Canada active rate dipped into the high 30s in early April, a typical shoulder season for industry, and fell further back exiting the month.

Enbridge Inc. has retained a joint venture partnership between Barnard Construction Company, Inc. and Civil and Building North America, Inc. (CBNA) to construct the Great Lakes Tunnel in the Straits of Mackinac, the company said in a statement on Tuesday.