Canada will export additional oil and gas to the US
Canada commits to additional 200,000bl/d of crude
The country will pipe more oil, as well as more gas, to its southern neighbour by year-end
“I think there is a consensus” in moving away from Russian oil and gas, Canadian natural resources minister Jonathan Wilkinson told UK state broadcaster the BBC from Paris, where he was attending an IEA meeting for global energy ministers in late March. “The only differences are around how fast can you actually get away from it,” he says. From his country’s perspective, he is promising more oil and gas than originally planned by the end of the year. “We will be increasing our production and flow through the pipelines of an extra c.300,000bl/d oe by the end of the year, in line with what the Americans are doing and the Brazilians have also announced,” the minister continues. “We are also look
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
