Despite being relatively early days, artificial intelligence (AI) is already being used in a wide range of applications for the digital oilfield, while having the potential to revolutionize the Canadian oil and gas industry in the longer term.

Rig activity in Western Canada has held up quite well during the summer months.

While oil and gas prices deteriorated from peaks in 2022, Canada’s publicly traded oil and gas operators continued generating strong cash flows in 2023 and used the money to increase spending in anticipation of improved market access from the launch of the TMX pipeline and the startup of LNG Canada in 2025.

The B.C. Centre for Innovation and Clean Energy (CICE) has announced investments in two companies that specialize in ocean-based carbon dioxide sequestration technologies.

Oil pricing agency Argus launched on Wednesday three daily price quotes for crude exported from Western Canada's newly expanded Trans Mountain pipeline amid rising demand for the oil from Asia.

Jonathan Wright will retire as chief executive officer of NuVista Energy Ltd., effective Dec. 31, 2024.

ARC Resources Ltd. recently closed the disposition of certain non-core, non-Montney assets for total cash proceeds of $80 million.