Baytex Energy Plans Up to $625M in 2026 Capital Spending
Calgary-based Baytex Energy Corp. reveals its 2026 capital expenditure plan, targeting $550 to $625 million. The investment focuses on sustaining production in key Canadian oil fields.
Category : Search result: US oil companies
U.S. seizes oil tanker off Venezuelan coast
U.S. authorities have seized an oil tanker near Venezuela, officials confirmed on December 20, 2025. The operation marks a significant escalation in maritime enforcement actions in the region.
Canada's Pipeline Shield Protects Oilpatch from 'Super Glut'
As oil prices near a five-year low, Canada's expanded pipeline network offers critical shelter from a potential 2026 supply glut, putting producers in a stronger position than during the 2018 crisis.
Oilsands Producers Plan Growth Despite Crude Price Decline
Canada's major oilsands companies, led by Cenovus, forecast higher 2026 output despite a looming global supply glut. Discover how pipeline capacity is driving this counter-cyclical strategy.
Trump Orders Venezuela Oil Blockade, Markets React
Global markets react as former President Trump orders a blockade of oil tankers to Venezuela, sending oil prices higher. Meanwhile, Canadian stocks show gains amid domestic news.
Trump Orders Naval Blockade on Venezuela Oil Tankers
President Trump announces a blockade of sanctioned oil tankers bound for Venezuela, escalating military pressure to cripple the Maduro regime's economy. Read the latest on this major foreign policy move.
Trump orders naval blockade on Venezuela-bound oil tankers
President Trump escalates pressure on Maduro, ordering a blockade to stop sanctioned oil tankers from reaching Venezuela. The move marks a significant hardening of U.S. policy.
Analyst Predicts Dramatically Higher Oil Prices in 2026
Senior portfolio manager Eric Nuttall forecasts a significant surge in oil prices for 2026, citing industry underinvestment. Read his insights on Canada's energy outlook.
Alberta Companies Fined for Workplace Injury
Two Alberta companies and a supervisor face significant fines following a serious injury at an oil and gas site. Read the full details of the court's decision and its implications for workplace safety.
WSP to buy U.S. engineering firm TRC for $3.3B
Montreal's WSP Global Inc. strikes a US$3.3 billion deal to acquire TRC Companies, backed by Caisse de dépôt. The move will make WSP the largest engineering and design firm in the United States.
WSP Global to Buy TRC Companies for $4.5B
Montreal's WSP Global expands its U.S. footprint with a major acquisition of engineering firm TRC Companies. The deal, valued at $4.5 billion, is set to close in 2026.
Oil Climbs as Traders Weigh Tensions Against Surplus
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.
U.S. crude, fuel inventories rose last week: EIA
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 examines scenarios for economy after oil era
Norway initiates a comprehensive study to plan its economic transition away from oil dependency. Explore the strategies for a sustainable future.
US companies move to Canada due to policy shifts
American companies including brewing schools and distilleries are relocating to Canada, driven by US policy changes on visas, trade, and regulations. Discover why Canada is becoming attractive.
Reader Criticizes One-Sided Pipeline Political Debate
A North Vancouver reader argues politicians do a disservice by ignoring oil spill risks, citing Exxon Valdez. Calls for informed pipeline debate in Canada.
Oil supply surge to strain prices through 2026
Global oil markets face continued price pressure through 2026 as swelling supply outpaces demand. New analysis reveals production growth will challenge market stability.
OPEC+ to Hold Oil Output Steady Through Q1: Sources
OPEC+ alliance likely to maintain current oil production levels through first quarter 2025, according to Reuters sources. Stay informed on global energy market developments.
What Insurance Companies Want in Winter Tires
Discover the key features insurance providers seek in winter tires for Canadian drivers. Learn how proper tires can impact safety and premiums during harsh winter months.
Exchanges warn SEC against crypto rule bypassing
Major stock exchanges demand SEC prevent cryptocurrency companies from circumventing securities regulations. Learn how this could impact crypto market oversight and investor protection in Canada.
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.
Canadian Accounts Show U.S. Base on X Platform
Canadian companies and political parties appear based in the U.S. on X's new feature. Experts explain why location data can be misleading and what it means for users.
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.
Barrie Prefab Facility to Accelerate Home Building
A new prefabricated construction facility in Barrie promises to build homes nearly four times faster, offering a potential solution to Canada's housing affordability crisis.
Canadian Companies Struggle with Employee Recognition
New survey reveals 99% of Canadian hiring managers value employee recognition, but 45% admit their companies lack resources to implement it effectively. Learn why this gap matters for workplace productivity and retention.
Companies Tone Down Price Hikes as Tariff Fog Clears
Major corporations are scaling back price increase discussions as international tariff uncertainties resolve. Learn how this shift impacts Canadian consumers and the global economy.
U.S. and Saudi Arabia Reach Nuclear Energy Agreement
The United States and Saudi Arabia have finalized negotiations on a nuclear technology-sharing deal that could see American companies build reactors in the kingdom. Learn about the implications.
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.
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.
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