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.
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.
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.
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.
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.
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.
The sanctioned oil tanker Kairos is stranded near Bulgaria's Black Sea coast following a suspected Ukrainian drone attack. Details on the incident and its implications.
Close to half a million Albertans have signed the Forever Canada petition, urging Premier Danielle Smith to hold a legislative vote on Alberta's future within Confederation instead of a divisive referendum.
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.
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.
An analysis argues Canada's West Coast tanker ban is a political symbol that overlooks decades of improved maritime safety and real risk areas, like the Gulf of St. Lawrence. Read the full critique.
Alberta Premier Danielle Smith expresses her intent to work with British Columbia on energy policy, maintaining hope for support to lift the federal tanker ban. Explore the ongoing interprovincial dialogue.
The 1989 Exxon Valdez disaster casts a long shadow over Canada's northern pipeline discussions. Explore the enduring environmental fears and the debate over oil tanker safety.
British Columbia Premier David Eby expresses conditional support for new energy infrastructure while maintaining coastal protection measures. Learn about the balanced approach.
Natural Resources Minister Tim Hodgson apologizes for suggesting a Zoom meeting with Coastal First Nations over pipeline concerns, amid political fallout from a new Alberta energy deal.
A North Vancouver reader argues politicians do a disservice by ignoring oil spill risks, citing Exxon Valdez. Calls for informed pipeline debate in Canada.
Energy Minister Tim Hodgson states it's premature to draw conclusions about the British Columbia tanker ban's fate. Latest developments from Parliament Hill.
Global oil markets face continued price pressure through 2026 as swelling supply outpaces demand. New analysis reveals production growth will challenge market stability.
A new Canada-Alberta deal opens a path to amend the 2019 Oil Tanker Moratorium Act, potentially enabling bitumen exports from BC's North Coast to Asian markets.
BC Premier David Eby dismisses pipeline memorandum as distraction while First Nations leaders reaffirm tanker ban stance. Get the latest on energy policy developments.
B.C.'s NDP government and Coastal First Nations vow to fight new pipeline agreement between Ottawa and Alberta that could bypass tanker ban and environmental protections.
Prime Minister Mark Carney agrees to suspend clean electricity regulations in Alberta and consider adjusting the oil tanker ban to enable new pipeline construction. Read the full details.
OPEC+ alliance likely to maintain current oil production levels through first quarter 2025, according to Reuters sources. Stay informed on global energy market developments.
Prime Minister Mark Carney implements oil tanker ban on British Columbia's coast. Learn about the environmental protection measures and regional impacts of this significant policy decision.
Experts highlight how the federal oil tanker ban creates significant challenges for northern British Columbia pipeline development amid ongoing Alberta negotiations.
B.C. Premier David Eby voices strong opposition to potential lifting of North Coast tanker ban, echoing Alberta's past frustrations with federal policies affecting provincial economies.
Newfoundland and Labrador Premier Tony Wakeham pledges to revitalize province's oil sector ahead of crucial meeting with federal officials. Get the latest developments.
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.
Energy Minister Tim Hodgson announces Ottawa is nearing clarity on the B.C. tanker ban. Get the latest updates on this critical energy policy decision affecting Canada's West Coast.