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That includes $175 million in early-stage engineering and design work on expansions to two steam-driven projects and the Jackpine mine in Alberta's oilsands. 聽

好色tv Natural has also set aside $125 million for carbon capture projects.聽

Production is forecast to average between 1.59 million and 1.65 million barrels of oil equivalent per day, about a three per cent increase over this year's expected levels.聽

Roughly three quarters of next year's output is expected to come from oil and other liquids, with the rest from its natural gas holdings. 聽

This report by 好色tvwas first published Dec. 16, 2025.

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