Tourmaline Oil Corp. is a Calgary-based exploration and production company focused on natural gas, condensate, natural gas liquids (NGLs), and light oil in the Western Canadian Sedimentary Basin. The company’s core operating areas include the Alberta Deep Basin, the Montney in northeast British Columbia, and the Peace River region of Alberta. Tourmaline is widely recognized as Canada’s largest natural gas producer by volume.
Its upstream output supplies North American energy markets and underpins feedstocks important to the chemical sector, including ethane, propane, and butane derived from NGLs. Tourmaline markets its production and utilizes regional midstream and processing infrastructure to deliver gas and liquids to end users and industrial customers. The company is listed on the Toronto Stock Exchange under the symbol TOU.
Focus on flexible generation, hydrogen-ready plants, renewables and gas diversification; projects include ~1.7 GW of tendered plants, data‑centre site development and gas portfolio expansion.
Uniper's 2025 earnings fell from 2024, but it plans €5B investments and long-term gas contracts to boost supply security and growth.
The agreement secures 80,000 MMBtu/day from 2028, enhancing supply diversity and European energy security with TTF pricing and delivery to Louisiana's ANR SE hub.