Canada Oil And Gas Rig Count Surge Raises Energy Policy Risks

Canada’s oil and gas sector is expanding field activity at a pace that complicates Ottawa’s energy transition calculus. Baker Hughes counted 162 active rigs in Canada for the week ended May 29, 2026, a jump of 24 rigs from the previous week and 50 rigs from the comparable week a year earlier. That year-over-year increase […] The post Canada Oil And Gas Rig Count Surge Raises Energy Policy Risks appeared first on the deep dive.