Energy

Powering the future more sustainably.

Crude oil, natural gas, lithium, helium, uranium, biofuels, geothermal, solar, wind and hydropower. Saskatchewan is one of the rare jurisdictions that has them all and we are continuing to drive new innovation and investment in clean technologies.

2nd
largest oil producer in Canada
354
million cubic feet of natural gas produced a day in 2024
2nd
largest uranium producer in the world and the only producer in Canada

Carbon Capture Utilization and Storage (CCUS)

Saskatchewan has well-developed strategies to reduce methane emissions and promote CCUS. We offer competitive incentives, world class geology and outcome-based regulations to firmly position us for large scale projects. We have the largest carbon capture utilization and storage project in the world.

Strong Support Systems for Oil and Gas

Our energy industry benefits from a competitive and stable regulatory environment and a strong network of suppliers alongside a supportive government.

Oil

We’re Canada’s second largest oil producer, with nearly 1.6 billion barrels in reserves. The province combines strong refining capacity, an extensive pipeline network, and innovative CO₂ -based recovery from depleted reservoirs.

Natural Gas

We’re the third largest natural gas producer in Canada with 143.4 billion cubic feet produced in 2021 and estimated recoverable gas reserves of 1.8 trillion cubic feet.

Sector at a Glance

 

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