QSA's Week in Oil & Gas (#12, 2025)
Volatile organic compounds regulations update; Saskatchewan ends carbon tax; Alberta addresses unpaid oil taxes.

Good morning! Welcome back to Queen Street Analytics' weekly roundup of regulatory developments, legislative discussions, political announcements and other government-related news concerning oil and gas production, wells, drilling, petroleum and fuels refining, pipelines, LNG, hydrocarbons, and all Landman fans.
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Start Date: 2025-03-23
End Date: 2025-03-29
Top Headlines
Main Stories
Regulations on Volatile Organic Compounds
The Canadian government has introduced new regulations under the Canadian Environmental Protection Act to reduce volatile organic compounds emissions from petroleum storage and loading. The regulations require compliance from facilities handling volatile petroleum liquids, with phased implementation from 2026 to 2032. This includes emissions control systems for new and existing tanks and loading racks. High benzene tanks face stricter deadlines, and an incremental compliance schedule is proposed.
Sources: Canada Gazette, Part II: www.gazette.gc.ca
Saskatchewan Becomes Carbon Tax Free
Saskatchewan has paused its industrial carbon tax under the Output-Based Performance Standards Program, effective April 1, 2025. This decision, announced by Premier Scott Moe, aims to relieve financial pressures on residents and businesses, removing the tax from SaskPower bills and maintaining economic competitiveness. The province continues to engage with industries on future carbon policies.
Sources: Provincial Announcement: www.saskatchewan.ca