It will be more than five years before Suncor Energy Inc. makes any significant investments to secure new bitumen supply, the Calgary-based oil company said Tuesday.

At Andrew Lake Lodge a remote camp in the extreme northeast corner of Alberta owner Dan Wettlaufer is looking forward to welcoming the first of this year's crop of tourists this weekend.

Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to the results of a recent survey.

Canadian Utilities Ltd., a subsidiary of Calgary-based holding company AtcoLtd., announced Wednesday it will to build a new $2 billion natural gas pipeline in Alberta that will supply a massive net-zero petrochemical project being built northeast of Edmonton.

The expansion gives Canadian oil shippers access to an additional 590,000 barrels-per-day of pipeline capacity and opens up new markets for oilsands product.

Canadian pipeline operator TC Energy Corp. achieved record deliveries on its natural gas pipeline systems in the first quarter, thanks to booming North American electricity demand.

Canadian Natural Resources Ltd. says it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of synthetic crude oil, a 76 per cent hike from the mine's current capacity of approximately 255,000 barrels per day.