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Calgary

Calgary is the largest city in the Canadian province of Alberta and serves as the country's energy capital. Located in the southern part of the province at the confluence of the Bow River and Elbow River, the city has a population of approximately 1.3-million people in its metropolitan area. Calgary is the headquarters for the majority of Canada's oil and gas companies and hosts the head offices of many major energy producers, pipeline operators and oilfield services firms. The city's economy is heavily tied to the petroleum industry, particularly oil sands development, though it has been working to diversify into technology, financial services and renewable energy sectors. Calgary is home to the Canadian Association of Petroleum Producers and numerous energy-focused research institutions and think tanks. The city's strategic position as a corporate and financial hub for the energy sector makes it a focal point for debates over carbon pricing, energy transition and climate policy in Canada. Calgary also serves as a major transportation and distribution centre, with significant rail and pipeline infrastructure connecting Alberta's oil sands and conventional oil production to domestic and international markets. The city was founded in 1875 as a North-West Mounted Police outpost and grew rapidly following the arrival of the Canadian Pacific Railway in 1883 and the discovery of oil in nearby Turner Valley in 1914, with major expansion occurring after the Leduc oil strike in 1947 established Alberta as a major petroleum-producing region.

Calgary News


Canadian Natural Resources oil sands extraction
Canadian Natural says oil sands expansions paused until government agreements finalized
7th August 2026 By: Reuters

Canadian Natural Resources will not move ahead with any mid- to long-term oil sands expansion projects until the details of a recently signed memorandum of understanding with the Canadian and... 


Canadian Natural Resources' Kirby oil sands operation
Canadian Natural Resources beats quarterly profit estimates
6th August 2026 By: Reuters

Canada's largest oil and gas producer Canadian Natural Resources surpassed expectations for second-quarter profit on Thursday, benefiting from higher oil and natural gas production. Canadian oil... 


Canada Prime Minister Mark Carney
Canada, Alberta announce new west coast oil pipeline to boost exports
3rd July 2026 By: Reuters

Canada announced plans to build a new oil pipeline from Alberta to the Pacific coast, which would give the world's fourth-largest oil producer greater capacity to export to Asia and ease its... 


Cenovus oil pipes in Alberta
Cenovus CEO says proposed pipeline to Canada's west coast currently 'unfinanceable'
10th June 2026 By: Reuters

Canadian integrated oil and natural gas company Cenovus Energy CEO Jon McKenzie said Tuesday Alberta's proposed one-million barrel-per-day pipeline to British Columbia's Pacific coast cannot be... 


Prime Minister Mark Carney
Carney climate plan at risk as Canadian oil companies stress need to boost production
18th March 2026 By: Reuters

A key plank of Canadian Prime Minister Mark Carney's climate plan will likely miss its target implementation date, industry sources said, raising new doubts about Canada meeting its environmental... 


Prime Minister Mark Carney
Canada rolls back climate rules in energy deal with Alberta
28th November 2025 By: Reuters

Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging... 


Dawn Farrell and hear team will identify projects in the national interest and help speed up their development.
Energy exec tasked with speeding up project approvals in Canada
1st September 2025 By: Reuters

Canada named senior energy industry executive Dawn Farrell on Friday to lead a new office designed to fast-track the review and approval of natural resources projects such as mines and pipelines, a... 


Tim Hodgson
Canada's new Energy Minister vows to speed up permitting, reset industry relations
26th May 2025 By: Reuters

Canada's new Natural Resources Minister Tim Hodgson vowed to speed up the permitting process for major projects on Friday, in a speech welcomed by oil and gas executives eager to see Ottawa reset... 


Suncor reports first-quarter profit beat on refining strength
7th May 2025 By: Reuters

Canadian oil producer Suncor Energy reported first-quarter profit above analysts' expectations on Tuesday, as it benefited from greater refinery production and sales volumes. The upbeat results... 


Alberta projects C$5.2bn budget deficit if Trump tariffs proceed
28th February 2025 By: Reuters

Canada's oil-producing province of Alberta on Thursday forecast a budget deficit of C$5.2-billion ($3.5-billion) for the 2025/26 fiscal year if US tariffs are implemented and decrease government... 


Canadian regulator orders halt to Sunshine Oilsands operations
20th November 2024 By: Reuters

A Canadian regulator has ordered Sunshine Oilsands to suspend its operations, including wells, facilities and pipelines,in northern Alberta's oil sands regiondue to continuous non-compliance with... 


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pqt: 0.055s - ct: 0.101s - 203pq - 2rq
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