CAOEC releases 2025 State of the Industry Report and 2026 Forecast
The Canadian Association of Energy Contractors (CAOEC) released its 2025 State of the Industry Report and 2026 Forecast on Dec. 1, offering a look at the trends, challenges, and opportunities shaping Canada’s drilling and service rig sector.
Feds facing climate criticisms action amid resignations on net-zero advisory body
Two founding members of Canada’s net-zero advisory body have resigned, accusing the Carney government of not seeking the group’s advice on key policy decisions, including the Alberta energy deal and Bill C-5.
Enbridge expects growth for 2026 as new projects enter service, raises dividend
“We are forecasting another year of steady and predictable growth driven by new projects entering service, as well as strong utilization and optimization of existing assets,” CEO Greg Ebel said in a news release Wednesday.
Carney ‘will have to answer’ questions about flip-flop on tax credit, Liberal MP says
A British Columbia Liberal MP said Wednesday Prime Minister Mark Carney “will have to answer” questions on why he reversed a budget commitment on tax credits when he signed the Alberta energy deal.
One is the loneliest number, again. Alberta’s 5684 megawatts of wind capacity produced one singular megawatt Tuesday night
Alberta’s 1,760 wind turbines with a nameplate capacity of 5,684 megawatts were producing just 1 megawatts at 11:52 p.m. on Tuesday, Dec. 2. Thsoe 1,760 grid-scale turbines costing billions of dollars were collectively producing as much power as two generators in a seacan.
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