With the federal election over, it’s time to get to work correcting the policies limiting economic growth and building the export infrastructure needed to diversify energy and other markets, according to Adam Legge, president of the Business Council of Alberta.

Multinational oilfield service companies are re-examining their supply chains to avoid any potential financial impacts from the U.S. tariffs being implemented on imports from around the world.

SECURE Waste Infrastructure Corp.’s CEO lauded the consistency of its infrastructure-backed business model, despite recessionary concerns and lower commodity prices, during the company’s first quarter results call.

Baytex Energy Corp. “efficiently” executed its exploration and development program and delivered first quarter results consistent with its 2025 guidance," says Eric Greager, president and chief executive officer.

LNG Canada has completed the cooldown of its liquefied natural gas plant in Kitimat, British Columbia, and is preparing for the plant to produce its first LNG in June.

Reducing the amount of money oil and gas companies need to set aside as security deposits, while ensuring they get the maximum refund possible, is the focus of a new regulatory course on June 5.

Gibson Energy Inc. appointed Dave Gosse as senior vice-president and chief operating officer, effective May 20, 2025.

Tidewater Midstream and Infrastructure Ltd. has entered into definitive agreements with Pembina Pipeline Corporation and certain of its affiliates, through a wholly owned limited partnership, to acquire the North Segment of Pembina's Western Pipeline System for total cash consideration of approximately $1.2 million, as well as the assumption of certain future abandonment and reclamation obligations and liabilities estimated to be approximately $30.0 million.

Pason Systems Inc. expects any activity decreases due to lower prices caused by geopolitical factors — ongoing trade disputes, changes to announced OPEC+ production plans, and growing concerns about the potential for economic recession — to be more modest in both depth and duration as compared to previous industry slowdowns.

During the first quarter, operators spud 218 gross wells (7.3 net) and reactivated 20 gross wells, representing record levels of both wells drilled and share (19 per cent) of WCSB drilling activity across Topaz Energy Corp.’s royalty acreage.

Stampede Drilling Inc. has entered into a drilling equipment purchase agreement with a private company providing for the sale of certain drilling components from an A/C triple drilling rig previously acquired by Stampede in August 2022.