Category : Search result: global energy demand


Cenovus finalizes MEG Energy takeover deal

Cenovus Energy has officially completed its acquisition of MEG Energy, marking the end of a lengthy takeover process. The deal strengthens Canada's energy sector consolidation.

Cisco Shares Climb on Strong AI-Fuelled Demand

Cisco shares surge as the company reports robust demand for its AI-powered networking equipment, signaling a major shift in corporate infrastructure spending. Discover the details behind this tech rally.

IEA: Oil Demand May Grow Beyond 2050

A new International Energy Agency scenario shows global oil demand rising past 2050 if current climate policies continue, reshaping investment outlook for Canada's energy sector.

IEA Warns of LNG Glut Risks as Supply Surges

The IEA reports a record wave of new LNG supply is coming, creating market risks. U.S. projects face the greatest exposure. Will demand keep pace? Read the analysis.

Budget Fuels Canada's LNG Export Ambitions

Canada's new budget emphasizes LNG exports to boost economy and support allies. With global demand rising, Canada's natural gas can provide energy security.

MEG Energy Shareholders Approve Cenovus Takeover Deal

MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.

TC Energy Q3 Profit Dips to $841M, Revenue Rises

Canadian energy giant TC Energy reports mixed Q3 2023 results with profit declining to $841 million while revenue surges to $3.94 billion. Discover how major projects and strategic moves are shaping the company's future.

Nova Scotia Courts Calgary for Offshore Wind Development

Nova Scotia's Premier Tim Houston makes strategic Calgary visit to attract oil and gas expertise for massive offshore wind and green hydrogen development, positioning the province as Canada's next clean energy frontier.

Alberta Gas Producers Hit by Negative Prices

Alberta's natural gas producers faced unprecedented challenges this summer as negative prices and pipeline maintenance created a perfect storm of financial pressure across the energy sector.

NextStar Energy Pivots to Energy Storage in Windsor

NextStar Energy is shifting gears at its Windsor, Ontario plant to manufacture energy storage batteries, adapting to the slowing electric vehicle market while maintaining its commitment to clean energy technology.

Windsor Battery Plant Pivots to Energy Storage

As electric vehicle sales cool, Windsor's massive battery plant pivots strategy to capitalize on the booming energy storage market, securing Ontario's position in the green economy.

Saga Metals Advances Uranium Project as Market Booms

Saga Metals advances its strategically located Double Mer Uranium Project in Labrador as uranium market fundamentals strengthen, positioning the company to benefit from growing North American nuclear energy demand.

SM Energy and Civitas Merge in $12.8B Shale Deal

Two prominent U.S. shale producers, SM Energy and Civitas Resources, announce a landmark $12.8 billion all-stock merger, creating a dominant force in the American energy landscape and signaling a new wave of industry consolidation.

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