Oil prices rose in volatile trading as geopolitical risks clashed with signs of a growing market surplus. WTI gained 1.6% while Saudi Arabia cut prices to Asia. Explore the factors driving the market.
National Bank strategists predict Canada's energy sector, no longer seen as a 'stranded asset,' could power the TSX next year following a federal policy shift, while gold fueled 2025's record run.
The U.S. Energy Information Administration reported a rise in crude oil and fuel stockpiles for the previous week. Get the latest data on energy inventories and market implications.
Norway initiates a comprehensive study to plan its economic transition away from oil dependency. Explore the strategies for a sustainable future.
A University of Calgary executive fellow highlights significant unresolved challenges for a major Alberta pipeline project, casting doubt on its near-term viability. Learn the key obstacles.
ABB unveils Sensi+ NG, a single-device analyzer that monitors oxygen, hydrogen sulfide, water vapor, and CO2 in real-time, enhancing safety and efficiency for Canada's energy sector.
Alberta Premier Danielle Smith says a proposed oil pipeline to B.C.'s coast could be 50% owned by Indigenous groups, generating $2B annually. Learn about the project's details and political support.
A new poll reveals majority national support for a proposed oil pipeline from Alberta to B.C.'s coast, despite cooler reception in the affected province. Read the details.
A new industry forecast predicts a slight increase in Canadian oil and gas drilling activity for next year. Get the details on the sector's cautious outlook.
Calgary drivers witnessed rare gas prices fall below $1 per litre at a south Petro-Canada station. Discover locations and factors behind this significant price drop.
Analysis of the Carney-Smith pipeline MOU reveals both regulatory concessions and new environmental hurdles that may still block construction. Discover the details.
A North Vancouver reader argues politicians do a disservice by ignoring oil spill risks, citing Exxon Valdez. Calls for informed pipeline debate in Canada.
Global oil markets face continued price pressure through 2026 as swelling supply outpaces demand. New analysis reveals production growth will challenge market stability.
Alberta Premier Danielle Smith secures key federal concessions on emissions caps in new pipeline MOU with PM Carney. While promising, the agreement faces significant hurdles before construction.
Strathcona Resources invests $1 million in the new Joseph A. Remai Saskatoon campus at Saskatchewan Polytechnic, aiming to boost skilled trades for the oil and gas sector. Read more.
OPEC+ alliance likely to maintain current oil production levels through first quarter 2025, according to Reuters sources. Stay informed on global energy market developments.
New Enserva report reveals tough 2025 for Canada's oilpatch with one project potentially changing fortunes. Read analysis of energy sector challenges and opportunities.
Cenovus Energy CEO Jon McKenzie celebrates oil industry progress while climate scientists issue urgent warnings. Explore the dual narrative shaping Canada's energy future.
Exploring Canada's troubled pipeline history as new projects face scrutiny. Learn about past failures and their impact on current energy infrastructure debates.
An NB Power executive states a new natural gas plant remains the optimal solution for New Brunswick's electricity stability, despite existing backup plans. Learn about the province's energy future.
Newfoundland and Labrador Premier Tony Wakeham pledges to revitalize province's oil sector ahead of crucial meeting with federal officials. Get the latest developments.
Winnipeg Police Service investigating violent assault of man at St. Boniface gas station. Authorities seek witnesses as investigation continues.
Prime Minister Mark Carney and Alberta Premier Danielle Smith have agreed on a deal to support a new oil pipeline to Canada's west coast, marking a major political breakthrough.
Canadian oil industry welcomes new federal-provincial energy agreement that could pave way for Pacific coast pipeline and address key energy policies. Read the details.
Negotiators at COP30 climate summit in Brazil remain divided over when and how to phase out oil, gas and coal. Key decisions delayed as overtime talks loom.
ExxonMobil expands its energy portfolio with a strategic 40% acquisition in Enterprise's Bahia NGL pipeline, strengthening its North American infrastructure presence.
Ontario Provincial Police are asking for public help to identify a suspect wanted in connection with three thefts at a Fergus gas station. See the suspect images and contact police with information.
Brookfield Asset Management partners with Nvidia on groundbreaking US$100 billion AI infrastructure initiative, revolutionizing data center development globally. Discover how this shapes Canada's tech future.
Alberta Premier Danielle Smith reveals ongoing MOU negotiations with the federal government, seeking pipeline expansion and addressing unpaid oil and gas taxes affecting rural municipalities.
A new report reveals a concerning rise in emissions across the Greater Toronto and Hamilton Area, driven by an increased reliance on natural gas for electricity. Read the full analysis.