Canada

Wolf Midstream announced it is moving forward with a Phase Three expansion of its NGL North system in Alberta.

Ksi Lisims LNG LP, the consortium that owns the proposed Ksi Lisims LNG project to be located on the northwest coast of British Columbia, has signed a Heads Of Agreement with Australian energy company Santos for the sale and purchase of 1 million tonnes per annum (MMtpa) of LNG for a term o

In Western Canada the gas-directed rig count rose by two to 64 rigs, while the oil-directed rig count was unchanged at 139 rigs, for the week ended September 11, according to Baker Hughes data.

In Western Canada the gas-directed rig count dropped by one to 62 rigs, while the oil-directed rig count fell by four to 139 rigs, for the week ended September 4, according to Baker Hughes data.

Keyera Corp. announced it was reducing its 2026 guidance for Marketing segment realized margin by CAD$40 MM, citing a two-week unexpected outage on Enbridge's Line 5 pipeline, and lower than expected utilization at its Alberta EnviroFuels facility (AEF) following its re-start this spring

Alberta crude oil and condensate production for July averaged 4.762 MMb/d, up 271 Mb/d or 6% vs. June, and up 116 Mb/d compared the prior July record of 4.646 MMb/d set last year, according to data released by the Alberta Energy Regulator on August 31.

The Trans Mountain pipeline's owner Trans Mountain Corporation said in its Q2 results press release on August 28 that it expects to increase the pipeline's "nominal system capacity by approximately 90,000 bpd by the end of 2026".

Weekly Canadian refinery crude oil runs saw a dip in July, but had since recovered (see red line in left chart below), according to weekly data through August 4.

In Western Canada the gas-directed rig count dropped by 2 to 63 rigs, while the oil-directed rig count fell by 4 to 143 rigs, for the week ended August 28, according to Baker Hughes data.