Western premiers talk energy, resource development and climate action
Canada’s Western premiers met in Vancouver, B.C., in early May 2016, to discuss a number of topics; two of which were: energy and resource development, and climate action.
The premiers reiterated the importance and urgency of moving Canada’s resources to market, citing the benefits to Canadians through long-term economic growth and job creation.
They also recognized the significant impacts climate change is having on the North, and the need to pursue a range of actions, including technological innovation, adaptation measures and emissions reductions.
Responsible oil and gas development
We have added a new section to our website. This section explores the government's role in the responsible development of oil and gas in Yukon. In the coming months, we will build on these webpages, adding resources and more detailed information on this and related topics.
Liard Basin assessed as one of the largest shale gas resources in the world
The National Energy Board (NEB), the British Columbia Oil and Gas Commission, the Yukon Geological Survey, the Northwest Territories Geological Survey and the British Columbia Ministry of Natural Gas Development today released the first detailed study estimating the marketable unconventional natural gas resources in the Liard Basin.
Amendments to Oil and Gas Act passed in Legislature
On December 10, 2015, the Yukon Legislature passed amendments to Yukon's Oil and Gas Act. Changes to the Act include extending the term of a permit, and clarifying well abandonment requirements and procedures.
About Oil and Gas Resources
The Oil & Gas Resources branch is responsible for encouraging the exploration and responsible development of Yukon’s oil and gas resources.
We issue oil and gas rights, administer royalty revenues, and license and regulate industry activities.
Since 1997, the Yukon government and Yukon First Nations have worked together to coordinate the development of a common oil and gas legislative regime in Yukon.
We remain focused on how to best develop Yukon’s resources and also meet Yukon’s energy needs.