

Strathcona’s takeover bid for MEG not expected to affect Saskatchewan thermal expansion plans
o the big question is – will Strathcona continue its planned expansion in Saskatchewan, or will its growth be through buying barrels of production through the acquisition of MEG instead?

Reaching for a Million, Part 4: Brian Zinchuk: A five point plan for Saskatchewan to hit a million barrels per day
During the October, 2024, provincial election campaign Saskatchewan Premier Scott Moe said he’d like to eventually see Saskatchewan reach one million barrels of oil production per day. That dramatically exceeds his own government’s stated goal of 600,000 barrels per day by 2030. Doing so would more than double the province’s current ~450,000 bpd average production.
How can that be done?

Nova Scotia chiefs say province needs to improve consultation on natural resources
The Nova Scotia Assembly of Mi’kmaw Chiefs says the provincial government needs to do a better job of consultation as it pushes to develop the province’s natural resources.
Levy charged to Alberta oil companies too low to cover orphan well costs: report
A new report is warning the annual levy charged to Alberta oil companies to fund the cleanup of orphaned oil and gas wells remains too low to keep up with the rate of surrendering.

Government moves to purge consumer carbon pricing from law
The federal government moved on Tuesday to purge consumer carbon pricing from law, effectively putting an end to what was once the keystone of the Liberals’ climate policy.
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Beck writes federal ministers to repeal Bill C-69 and revise the Clean Electricity Regulations
As the sitting resumes in the House of Commons, Saskatchewan NDP Leader Carla Beck sent five letters to a total of nine ministers in Carney’s cabinet calling for action on Saskatchewan issues that have too often been ignored by federal governments of all stripes.

National energy corridor? Pipelines? Not mentioned in throne speech, but “energy superpower” is
Here’s everything energy-related in today’s Speech from the Throne

Pipeline Online Podcast Ep. 10: Ken From, former CEO of SaskEnergy, TSASK, PTRC, and Prairie Hunter
Ken From is former CEO of SaskEnergy, TSASK, Petroleum Technology Research Centre and oil company Prairie Hunter Energy. A few weeks ago he was a keynote speaker at the Williston Basin Petroleum Conference, where his presentation was called, “Humanity, we have a problem.”

Minister of Energy and Natural Resources Tim Hodgson at the Calgary Chamber of Commerce, verbatim
Editor’s note: In Pipeline Online’s continuing mission to tell you exactly what the federal Liberal government is saying on energy and environmental policy, this is the verbatim speech of the new Minister of Energy and Natural Resources Tim Hodgson, who spoke at the Calgary Chamber of Commerce on May 23. In this case, the ministry was kind enough to provide the transcript online, indicating this is a message they really, really want to get out there.

Western premiers agree to develop new economic corridors, call for federal support
Canada’s western premiers say they’ve agreed to identify, plan and develop new economic corridors to connect provincial resources to international markets.
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New federal energy minister tells oil and gas executives it was some for quick wins
CALGARY — Canada's new energy minister walked into the lion's den in Calgary and spoke to oil and gas executives about Ottawa's plans to turn the country into an energy superpower. Tim Hodgson told a Calgary Chamber of Commerce event that it's...

Vermilion Energy sells Saskatchewan and Manitoba portfolio to unnamed buyer for $415 million
Vermilion Energy Inc. announced on May 23 that it has entered into a definitive agreement for the sale of its Saskatchewan and Manitoba assets for cash proceeds of $415 million. The buyer was not announced.

Rig Report: Drilling at a standstill in southern Saskatchewan due to low oil prices and wet weather
Spring breakup is long over, but drilling activity in Saskatchewan is all but dead for most of the province.

UPDATED: Tennessee Valley Authority submits construction permit application for SMR, the same design SaskPower is considering
In the space two weeks, two major announcements have been made regarding the deployment of the same small modular reactor (SMR) SaskPower is considering building near Estevan.

Carney’s mandate letter to ministers is dramatically different than Trudeau’s, with climate change an afterthought
Prime Minister Carney went about it a little differently. On May 21 he publicly issued one, singular mandate letter to his entire cabinet. Notably, climate change is mentioned almost as an afterthought, and not included in the list of seven priorities.
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Brian Crossman: So, we had an election. Now what?
To watch Trudeau, step down (removed?) and then run away from the Trump regime was frustrating. Then we watched as a globalist multi-millionaire was anointed as the leader of the Liberal party, and then somehow used fear to win an election, which robbed Canadians of the opportunity for positive change.

Outlaw Buckers & Oil Kings Match Bronc Riding returns to Weyburn June 3
While the oil show takes place every second year, with the next one planned for 2026, it was important to make this riding event an annual occurrence so that it can maintain its place on the riding schedule.
BC Hydro’s challenge: Powering province through surging demand, drought and trade war
VANCOUVER — British Columbia’s power utility is facing transformational challenges of drought, rising costs and a trade war with the United States as it works to meet electricity demand that’s surging after two decades of relative stability.
Inflation slows sharply to 1.7% in April as consumer carbon price ends
OTTAWA — The end of the consumer carbon price at the start of April drove inflation down sharply, Statistics Canada said Tuesday, but there were signs of pressure building at the grocery store.

TotalEnergies signs supply deal with proposed Ksi Lisims LNG project on B.C. coast
TotalEnergies has signed a deal to buy two million tons per year of liquefied natural gas for 20 years from the proposed Ksi Lisims LNG project on the north coast of B.C.
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Economists expect end of consumer carbon price pulled down April inflation to 1.6%
Canadian motorists were paying less at the pump in April after the Liberals nixed the consumer carbon price — a move economists expect will help keep inflation around the Bank of Canada’s two per cent target as tariff woes percolate.

What a month of Alberta’s electrical mix shows: enormous variability backed up by natural gas
Pay special attention to the gas readings, and how close they get to the black bar showing total generation at that time. The federal Clean Electricity Regulations mean to do away with all of that gas generation, unless it has carbon capture with standards that are currently unreachable, will be done away with in 24 years, seven months and 18 days.

Keystone restrictions, market uncertainty weigh on South Bow earnings forecast
Oil shipper South Bow Corp. is lowering the upper end of its 2025 earnings forecast due to market uncertainty and ongoing pressure restrictions on its Keystone pipeline.

Strathcona Resources makes stock-and-cash takeover offer for MEG Energy
Strathcona Resources Ltd. is making a takeover stock-and-cash offer for oilsands producer MEG Energy Corp. that values the company at about $5.9 billion.

‘A first step’: Crowsnest Pass mayor excited about Northback drilling approval
CALGARY — The mayor of Crowsnest Pass in southwestern Alberta says the Alberta Energy Regulator's approval of a controversial coal exploration project on the eastern slopes of the Rocky Mountains is long overdue. "I think they finally woke up. I...