Over half of oilfield service companies expect to keep capital and maintenance spending flat in the second half of 2025 as uncertainty over activity levels keeps a lid on growth plans, according to a survey of 55 sector leaders conducted by geoLOGIC systems ltd. and DOB Energy in May.

Alberta Premier Danielle Smith said her government has worked to address concerns about a pipeline through B.C., and a solution for the absence of an industry proponent is in the works.

Although Canada already is an oil superpower in terms of annual production, it has the potential to do even more on the global stage, the CEO of Trans Mountain Corporation said Wednesday.

The Alberta government brought in $7.22 million at its June 11 land sale.

Cenovus Energy Inc. has now safely ramped up production at its Christina Lake oilsands asset following wildfire activity in the area.