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.
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.
California Governor Gavin Newsom pledges legal action against Trump administration's proposal for new oil and gas leases off California coast, first in decades.
Venezuela deploys decades-old Russian weapons and guerrilla tactics amid US military threats. Exclusive details on Maduro's resistance strategy.
A U.S. aircraft carrier deployment to Latin America heightens regional tensions with Venezuela. Get the latest developments on this strategic military move and its implications.
Expert Rory Johnston analyzes the cooling oil demand and rising supply creating a potential global surplus. Discover the key market forces that could unexpectedly reverse this trend.
U.S. military strikes on alleged drug vessels in eastern Pacific kill six people as international calls for investigations grow. Defense Secretary confirms escalating operations.
Republican senators defeat bipartisan legislation that would have limited presidential authority to launch military action against Venezuela without congressional approval.
In a dramatic political standoff, the U.S. Senate narrowly rejected a measure to block President Trump from taking military action against Venezuela. The controversial vote reveals deep divisions over foreign policy.
A major environmental incident unfolds in Alberta as a tanker truck carrying bitumen crashes and leaks the petroleum product into the North Saskatchewan River, prompting emergency response and environmental concerns.
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.
Cenovus Energy secures shareholder approval for its $3.8 billion acquisition of MEG Energy, creating Canada's second-largest oil producer amid industry consolidation.
Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.
How the Trump administration's bold confrontation with Venezuela's Maduro regime could deliver a strategic victory for Western energy security and democracy in the hemisphere.
Calgary-based energy leader Suncor delivers impressive Q2 results, exceeding analyst forecasts and raising production guidance, sending shares skyrocketing.
B.C. Premier David Eby joins Coastal First Nations in urgent call to federal government to maintain critical oil tanker moratorium protecting Pacific coastline from environmental disaster.
Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.
Calgary's energy giant Suncor reports surprising third-quarter profit decline even as production hits unprecedented levels. Discover the factors behind this financial paradox.
An examination of the brutal price Venezuelans pay to maintain Nicolas Maduro's authoritarian regime while Canada weighs diplomatic recognition.
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.
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.
Former U.S. President Donald Trump signals strong opposition to Nicolás Maduro's regime while emphasizing diplomatic pressure over military intervention in Venezuela's political crisis.
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.
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 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.
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.
Former President Donald Trump's controversial comments about Venezuela during a private Senate briefing have raised eyebrows in diplomatic circles and could impact US foreign policy.
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'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.
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.
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.