S&P Global

Calgary, AB – – September 29, 2026 -- Canadian oil sands production is projected to average a record 3.5 million barrels per day (b/d) in 2026, a 100,000 b/d increase of 3% over the prior year, according to S&P Global Energy's latest 10-year production outlook. Output is forecast to climb further to 3.9 million b/d by the early 2030s.

Production has grown almost every year since 2001, when output stood at just 300,000 b/d

The only exception was 2020, when COVID-19 disrupted demand. Most of the 2026 gains stem from optimization of existing facilities rather than new construction, S&P Global Energy said.

Washington – September 12, 2026 -- Rapidan Energy Group has appointed James McLennan as Senior Vice President for Business Development, tasking him with leading growth across the firm's energy market, policy, and geopolitical research and data services.

McLennan brings two decades of energy research sales experience to Rapidan

McLennan spent 17 years at Wood Mackenzie leading global commercial teams serving the energy and financial services sectors. He also held senior leadership roles at IHS Markit and S&P Global before joining Rapidan.

Rapidan CEO cites McLennan's commercial track record as key hire rationale

"James will focus on building long-term, trusted relationships across our client base while leading our sales and customer-success functions to support the firm's continued growth," said Scott Modell, CEO of Rapidan Energy Group.

New York – September 07, 2026 -- S&P Global (NYSE: SPGI) has completed the divestiture of its geoscience and petroleum engineering software portfolio to SLB, the oilfield technology company operating in more than 100 countries. Financial terms of the deal, first announced in April 2026, were not disclosed, and S&P Global said the transaction is not expected to materially impact its financial results or those of its Energy division.

SLB absorbs upstream workflow tools while S&P Global retains data distribution rights

Under the agreement, S&P Global Energy will continue supplying its proprietary data through the divested geoscience and petroleum engineering workflow tools now owned by SLB. The arrangement creates a strategic alliance designed to keep customers accessing S&P Global's datasets within the same tools they use for daily upstream operations.