Alongside surging production, Canada’s oil and gas exports jumped in the period 2002 to 2022.
Canada saw a record-high oil production in 2023 amid expanding oil sands output.
Combined, crude oil, NGLs, and natural gas exports accounted for roughly 20% of total Canadian exports last year.
Plans to cap emissions on hydrocarbon production are angering energy producers and face resistance in Canada’s major oil province Alberta.
At the end of last year, Canada’s federal government introduced a draft framework to cap pollution from the oil and gas sector to reduce emissions.
The Canadian Association of Petroleum Producers (CAPP) has criticized the plan for being too ambitious and emphasized that the industry is already working hard to reduce emissions.