Suncor Q3 Profits Drop Despite Record Production
Calgary's energy giant Suncor reports surprising third-quarter profit decline even as production hits unprecedented levels. Discover the factors behind this financial paradox.
Category : Search result: OPEC oil production
Kinross Gold Shines with Strong Q3 2025 Results
Kinross Gold Corporation delivers impressive third-quarter 2025 performance with increased production, lower costs, and robust cash flow generation. Discover how their strategic operations are driving exceptional results in the gold mining sector.
Marionettes Meet Urban Grit in 'Wonderful Joe'
Discover how a groundbreaking puppet production at London's Grand Theatre blends urban realism with theatrical magic in 'Wonderful Joe' - a must-see Canadian theatrical innovation.
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.
Oil & Gas Reality: What Companies Are Actually Doing
While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.
TRX Gold Expansion: 3,000+ TPD Processing Capacity
TRX Gold Corporation announces significant progress in its processing plant expansion at the Buckreef Gold Project in Tanzania, with throughput expected to exceed 3,000 tonnes per day, marking a major milestone in gold production capabilities.
Stellantis Reaches Deal to Keep Canadian Plants Operating
Breaking news: Stellantis and Canadian government finalize agreement to keep Windsor and Brampton plants operating, securing automotive manufacturing future in Ontario.
Canada sues Stellantis over broken EV production promises
The Canadian government initiates formal dispute proceedings against automotive giant Stellantis for failing to meet electric vehicle production targets, potentially triggering significant financial penalties.
OPEC+ Extends Oil Production Freeze Amid Market Concerns
OPEC+ maintains current oil output levels as global economic uncertainty and oversupply fears shake energy markets. What this means for Canadian consumers and the economy.
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.
NextStar Energy Pivots to Grid Storage Batteries
Windsor's NextStar Energy reveals strategic shift to produce batteries for energy storage systems, signaling major opportunities in Canada's renewable energy sector.
Alberta Pushes Pipeline West with Indigenous Engagement
Alberta intensifies efforts to expand energy market access through pipeline development, prioritizing Indigenous consultation and economic partnerships in Western Canada.
Imperial Oil sells Calgary HQ, cuts hundreds of jobs
Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.
Oil Steadies as U.S. Reimposes Venezuela Sanctions
Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.
Imperial Oil Profits Fall on Lower Crude Prices, Charges
Imperial Oil reports significant profit decline in Q4 2023 as lower crude prices and substantial impairment charges challenge Canada's energy sector. Discover how refining margins and production performed.
Lundin Gold Q3 2025: Record Output & Dividend Surge
Lundin Gold's Q3 2025 report reveals stellar results from the Fruta del Norte mine, including record gold production, robust financials, and a 50% dividend increase, marking a period of exceptional growth and shareholder returns.
Cenovus-Husky Merger Vote Delayed Another Week
The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.
Shell Beats Estimates with $7.7B Q2 Profit
Royal Dutch Shell delivers powerhouse Q2 2023 results, crushing analyst forecasts with $7.7 billion profit as strategic shifts and LNG demand fuel financial triumph.
Cenovus-MEG Energy Deal Delayed Over Regulatory Inquiry
A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.
Alberta Oil Crisis: Price Crash Sparks Layoffs and Cuts
Alberta's oil industry faces a perfect storm of plunging prices, massive layoffs, and spending cuts that could reshape Canada's energy landscape for years to come.
Shell Outperforms TotalEnergies in Q2 Earnings
Shell delivers stronger-than-expected quarterly profits while TotalEnergies falls short, as both energy giants navigate declining oil and gas prices in current market conditions.
IperionX Q1 2025: Strong Titanium Production Growth
IperionX reports robust quarterly results with significant progress in titanium production and strategic expansion in the United States, positioning for sustainable growth.
Canadian Oil Sands Outshining U.S. Energy Peers
A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.
Burnaby Refinery Shifts to US Control in $9.1B Deal
A major Canadian energy facility is changing hands as Calgary-based Parkland Corporation sells a significant portion of its business, including the Burnaby refinery, to American multinational Sinclair in a transformative $9.1 billion deal that reshapes We
Stellantis President Grilled Over Windsor Plant Move
Canadian lawmakers confront Stellantis president Carlos Zarlenga over controversial decision to shift production from Windsor to U.S., raising concerns about Canadian auto industry future.
Parex Resources Proposes GeoPark Acquisition
Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.
Alberta's Budget Balance & Pipeline Expansion Plan
Alberta Premier Danielle Smith reveals strategic blueprint to balance provincial budget while aggressively pursuing pipeline expansion to boost energy exports and economic growth.
CAMI workers rally as GM contract talks intensify
Unifor Local 88 members launch three-day rally at Ingersoll GM plant as contract negotiations intensify, fighting to protect thousands of automotive manufacturing jobs in Southern Ontario.
GM cuts 1,200 EV battery jobs in Detroit
General Motors makes dramatic workforce reductions at its Detroit electric vehicle battery factory, citing slower-than-expected EV adoption and scaling back production plans.
Russia's Oil Exports Hold Steady Despite Sanctions
Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.
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