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Varcoe: Portrait of Canada as an energy superpower comes into focus, but fine details yet to come

39 0
01.08.2026

How do you paint a picture? One deliberate stroke of the brush at a time.

In the Canadian oilpatch, that is starting to happen when it comes to drawing up grand plans for new pipelines and more production.

Varcoe: Portrait of Canada as an energy superpower comes into focus, but fine details yet to come Back to video

On Friday, Imperial Oil said it has the potential to double its oilsands production over time.

Enbridge said it’s slowing the second phase of its Mainline pipeline network expansion plan, although it is not ending efforts to increase oil transportation capacity out of Western Canada.

And Pembina Pipeline further detailed its role in the proposed West Coast pipeline project with Ottawa and the provincial government.

SUBSCRIBER EXCLUSIVE: FP West: Energy Insider brings you behind the oilpatch’s closed doors with exclusive insights from insiders every Wednesday morning.

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Ambitions to double oil production in Alberta in the coming years, and build a large bitumen pipeline to the southern British Columbia Coast, are all part of completing a bigger picture: making Canada a true energy superpower.

Yet, there is more to do before the canvas is dry.

“We have gone, in 12 months, from a pessimistic view of oilsands growth — the questions were about when will it peak — to one of how much will it grow,” Kevin Birn, Canadian oil markets chief analyst with S&P Global Energy, said........

© Calgary Herald