Oil sands boost sees Canada book record output
Production hit an all-time high in Alberta, which is generates the most oil production in Canada
Oil production in the Canadian province of Alberta hit an all-time high in 2012, according to the Energy Resources Conservation Board (ERCB). The regulatory authority's annual reserve report shows a 14% jump in production of oil, bitumen and natural gas liquids (NGLs). That beat the US Energy Information Administration's October forecast of an 8.3% increase in Canadian output in 2012. Alberta is home to 70% of Canada's oil production, and pumped or shoveled 2.5 million barrels per day (b/d) in 2012. According to the National Energy Board, Canada produced 3.6m b/d of oil, bitumen and NGLs in March of this year. Conventional crude-oil production rose to 556,000 barrels per day (b/d), with a ye
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
