As U.S. shale oil basins mature and the number of wells on production increase, operators are spending more and more on lease expenses to keep wells flowing, said Diamondback Energy chief executive officer Kaes Van’t Hof at its second quarter 2025 earnings call.

The Alberta government is taking formal steps to explore the potential of adding nuclear power, including small modular reactors, to its energy mix.

X-energy Reactor Company, LLC, Amazon, Korea Hydro & Nuclear Power Corporation (KHNP), and Doosan Enerbility outlined a strategic partnership to accelerate the deployment of Xe-100 fourth generation advanced small modular reactors (SMRs) and TRISO-X fuel in the United States to meet growing power demands from data centers and artificial intelligence (AI).

Prime Minister Mark Carney underlined the potential for deeper bilateral collaboration between Canada and Germany on LNG and hydrogen during a visit to that country, including through the Canada-Germany Energy Partnership.

Canadian crude oil exports by rail declined for the third consecutive month in June.