Newfoundland premier vows oil industry comeback
Newfoundland and Labrador Premier Tony Wakeham pledges to revitalize province's oil sector ahead of crucial meeting with federal officials. Get the latest developments.
Category : Search result: oil profits
Ottawa and Alberta Agree to New Pipeline Deal
Prime Minister Mark Carney and Alberta Premier Danielle Smith will announce a breakthrough pipeline agreement in Calgary this Thursday, marking a significant shift in federal-provincial relations.
Canada Reaches Deal for New West Coast Oil Pipeline
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.
Canada's New Energy Pact to Spur Oil Pipeline Development
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.
Couche-Tard Q2 Earnings Hit US$740.6M
Alimentation Couche-Tard reports impressive Q2 earnings of US$740.6 million, showing significant growth from previous year. Discover the details behind this retail success story.
Ottawa and Alberta Agree to New Pipeline Deal
Prime Minister Mark Carney and Alberta Premier Danielle Smith have agreed on a new pipeline deal to transport Alberta oil to the west coast, with an announcement set for Thursday in Calgary. Learn more about this breakthrough agreement.
Canadian corporate profits rise despite US tariff hit
Canadian corporations saw operating profits grow 3.8% to $200 billion in Q3 2025, the fastest pace in two years despite ongoing US trade policy pressures.
Carney Faces Pipeline Pressure in B.C. Project
Prime Minister Mark Carney faces mounting pressure over proposed northwest B.C. pipeline as readers debate national interest, emissions caps, and investment climate. Read the latest developments.
UN Climate Negotiations Split on Fossil Fuel Phaseout
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.
B.C. Premier clashes with Smith, Moe over oil tanker ban
B.C. Premier David Eby defends federal oil tanker ban as crucial for Indigenous support of major projects while criticizing Alberta and Saskatchewan leaders. Read the latest political developments.
Pipeline veterans vow to fight new BC coast projects
Veterans of previous oil pipeline battles pledge to oppose any new proposals on BC's north coast, drawing from past protest experience. Learn about the renewed environmental fight.
B.C. says it was excluded from pipeline talks
B.C. Premier David Eby says his government was not consulted about rumoured pipeline negotiations between Ottawa and Alberta, warning the project risks real jobs and prosperity.
Trump Administration Plans New Offshore Oil Drilling
The Trump administration reveals controversial plan for new oil drilling off California and Florida coasts, sparking immediate environmental concerns and political opposition.
Aduro's Plastic-Derived Oil Successfully Steam-Cracked
Aduro Clean Technologies achieves milestone as its Hydrochemolytic™ oil from waste plastics proves compatible with industrial steam crackers without costly pretreatment, advancing circular plastics.
Liberal MP Warns Oil Tanker Ban Debate Will Be Contentious
Liberal MP Karina Gould predicts contentious debate over lifting BC oil tanker ban as Ottawa negotiates with Alberta. Coastal communities' voices crucial in national conversation.
U.S. crude stocks fall on higher demand, EIA says
U.S. crude oil inventories fell significantly due to rising demand, while fuel stockpiles increased, according to the EIA. Explore the key market drivers and implications.
Scientists criticize ultraprocessed food profits
Health experts expose how food manufacturers generate massive profits from unhealthy ultraprocessed products as countries implement marketing restrictions. Learn about the global response.
Metro posts $217M fourth-quarter profit
Canadian grocery and drugstore retailer Metro Inc. reports strong $217 million profit in Q4 2025. Discover how the retailer performed amid competitive market conditions.
Alberta Premier Smith Negotiating MOU with Ottawa
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.
Saint John's Golden Ball Building Sold, May Be Demolished
Irving Oil's iconic Golden Ball building in Saint John has been sold and could face demolition. Learn about this significant development for New Brunswick's landscape.
AI Fears Extend Wall Street Sell-Off, Home Depot Misses
Wall Street's sell-off continues amid AI sector doubts while Home Depot reports third consecutive profit shortfall. Market analysts warn of sustained volatility ahead.
Canadian Oil Sands Make Comeback Amid U.S. Shale Slowdown
Canada's oil sands industry is experiencing a major resurgence as production hits record highs and investor interest surges, driven by the Trans Mountain pipeline expansion and plateauing U.S. shale output.
Danielle Smith's Pipeline Deadline to Carney Expires
Alberta Premier Danielle Smith's deadline for Prime Minister Mark Carney on West Coast oil pipeline has passed. Read about the implications for Canada's energy future and national unity.
IEA and OPEC at Odds Over Oil Demand Forecast
A record gap between IEA, OPEC, and EIA oil demand forecasts creates market confusion. Discover the implications for Canada's energy sector and global prices.
Western Canada's Fury Over Missing Pipeline Plan
Alberta and Saskatchewan leaders express outrage as Mark Carney's latest nation-building projects exclude crucial oil pipeline, threatening western Canadian economic interests.
Ukraine attacks Russian oil refinery in Ryazan
Ukrainian military confirms strike on Russia's Ryazan oil refinery in latest escalation. Read the latest developments in the ongoing conflict and its global implications.
Markets brace for rush of U.S. data after shutdown
Currency markets have been flying blind without U.S. economic data. Get insights on the market impact, oil price forecasts, and Black Friday retail trends.
Alberta pipelines face capacity crunch as production grows
Alberta's pipeline network approaches capacity as province targets 8 million barrels daily by 2035. Can optimization projects prevent another price crisis?
Enbridge green-lights $1.4B pipeline expansion
Enbridge Inc. has approved a $1.4-billion expansion of its pipeline network to the U.S. Gulf Coast, prioritizing southern routes over West Coast projects. Read the full analysis.
Oil and gas producers applaud Ottawa's major projects list
Canada's oil and gas sector welcomes federal government's updated major projects list, signaling potential regulatory streamlining for energy development projects across the country.
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