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Domestic Energy on Rise as Canada's PM Brokers Aussie Trade



March 6, 2026–Written by Daniel Graeber for IIR Energy Intelligence (Sugar Land, Texas)–Canadian energy companies are reporting success, with Scott Stauth, the president of Canadian Natural Resources, saying last year was the best in its operational history.

The company said Thursday it was trimming its capital spending forecast to US$2.3 billion, compared to full-year 2025 levels closer to US$4.8 billion. But at the same time, the company increased its production guidance by about 1.5% at the low end, to about 1.615 million barrels of oil equivalent per day (Boe/d).

Other companies featured: Athabasca Oil Corporation, LNG Canada, Trans Mountain and NiCo Resoures Limited



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