Alberta Oilpatch Sheds 10,000 Jobs as Output Soars
Alberta's oil and gas industry eliminated 10,000 positions last year, yet achieved near-record production levels. Economists analyze the paradox of doing more with less in Canada's energy heartland.
Alberta's oil and gas industry eliminated 10,000 positions last year, yet achieved near-record production levels. Economists analyze the paradox of doing more with less in Canada's energy heartland.
Oil prices surged on Iran fears, but new forecasts predict a weak 2026 average. Alberta's budget and producers face volatility as supply outstrips demand. Read the full analysis.
CIBC analysts project a wider price gap for Canadian heavy crude in 2026, impacting the energy sector. Read the full analysis and market implications.
The U.S. intervention in Venezuela spotlights global energy assets. Explore the world's top oil reserves and producers in our detailed analysis.
With the U.S. reassessing Venezuelan oil, Canada's energy security hinges on pipeline expansion to diversify markets. Experts warn waiting is not an option. Read why action is needed now.
Columnist Kelly McParland argues Canada and the world need not panic over Venezuelan oil, drawing lessons from the 1970s OPEC crisis. Global supply remains robust.
An expert analysis warns that renewed U.S. efforts to boost Venezuelan oil production face significant geopolitical and technical hurdles, with a long timeline for results.
U.S. Marines and Navy sailors seized the tanker Olina in a pre-dawn raid, part of a broader effort to control Venezuela's oil flow. The operation highlights escalating enforcement of sanctions.
Premier Danielle Smith calls for urgent federal approval of a new heavy oil pipeline to B.C., citing U.S. action in Venezuela as a direct threat to Canada's energy market share.
Alberta Premier Danielle Smith calls for federal approval of a heavy oil pipeline to B.C. by fall, citing U.S. actions in Venezuela as a direct threat to Canada's energy market share. Read the urgent appeal.
Experts warn Alberta's oil-dependent economy faces a crucial decade as global electric vehicle adoption accelerates, threatening demand. It's time to invest in a diversified future.
Rory Johnston of Commodity Context warns U.S. actions in Venezuela could depress oil prices further, with mixed impacts for Canadian energy companies. Read the analysis.
Energy expert Jack Mintz argues Canada's oil sector can withstand Venezuela's renewed U.S. exports, citing Alberta's efficiency and Venezuela's deep-seated challenges. Read the analysis.
Analysis of Venezuela's turbulent oil sector, renewed U.S. engagement, and the strategic implications for Canada's energy industry and foreign policy. Read more.
Canadian oil producers saw billions wiped off their value after U.S. plans for Venezuelan oil sparked investor fears. Industry leaders call it an 'overreaction' as uncertainty looms.
A business professor predicts Venezuelan crude could be processed at the Irving Oil refinery in Saint John and head to the U.S. market within 12 months. Get the latest analysis on this potential energy shift.
The Trump administration's plan to flood markets with Venezuelan crude, aiming for $50 oil, creates new pressure for Canada's critical energy sector. Explore the implications.
President Donald Trump convenes a who's who of American oil executives, including Harold Hamm, to discuss rebuilding Venezuela's energy sector. Key details on the high-stakes meeting.
Chinese refiners are seeking Canadian crude as a replacement for sanctioned Venezuelan oil, with China buying nearly 40% of Canada's seaborne exports in 2025. Discover the market shift.
U.S. Energy Secretary Chris Wright states Washington will maintain control over Venezuela's oil exports 'indefinitely,' a major shift in foreign energy policy with global market implications.
The U.S. has seized a sanctioned Venezuela-linked oil tanker in the Atlantic, with its energy secretary stating control over Venezuelan oil sales will continue 'indefinitely'. This move signals a significant escalation in geopolitical energy strategy.
The U.S.-backed change in Venezuela puts Canada's oil exports at risk, highlighting an urgent need for trade diversification and infrastructure investment. Read the analysis.
U.S. Energy Secretary Chris Wright states American control over Venezuelan oil sales will continue indefinitely, a move with significant implications for global energy markets and geopolitics.
Venezuela holds the world's largest oil reserves but production is a fraction of its peak. Sanctions and crumbling infrastructure mean its impact on tight global crude markets remains minimal. Discover the barriers to unlocking its potential.
The United States has seized two sanctioned oil tankers linked to Venezuela in a strategic move, while selectively easing sanctions to permit certain oil sales. Explore the implications for global energy markets.
U.S. President Donald Trump plans to meet with Western energy executives to secure investment for rebuilding Venezuela's crumbling oil sector. Read the full story.
U.S. authorities have captured the Russian-flagged tanker Bella 1 following a weeks-long international chase. The seizure near Venezuela could impact global oil markets and U.S.-Canada energy dynamics. Read the full story.
The potential return of Venezuelan oil to global markets could benefit U.S. Gulf Coast refiners while posing a competitive threat to Canadian heavy crude producers. Analysis of the shifting energy landscape.
President Trump announces Venezuela will send up to 50 million barrels of oil to the U.S., a move reshaping global energy flows and challenging China's influence. Read the full analysis.
Mergers and acquisitions in Canada's upstream oil and gas sector surged to an eight-year high in 2025, with over $30 billion in deals. Analysts predict a slowdown in 2026. Read the full analysis.