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.
Category : Search result: energy sector Canada
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.
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 Expands Windsor Battery Plant
NextStar Energy is supercharging its Windsor operations with a major facility expansion to meet skyrocketing demand for grid-scale battery storage across North America.
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.
Ontario Boosts Hydrogen Funding for Clean Energy Future
The Ontario government is making a strategic investment in clean energy by significantly increasing funding for its Hydrogen Innovation Fund, accelerating the province's transition to a low-carbon economy.
NB Power Launches Mobile Energy Education Tour Across Province
New Brunswick's power utility launches mobile education campaign, bringing hands-on energy learning experiences to communities throughout the province with innovative displays and expert insights.
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.
Canada's Nuclear Crossroads: Powering the Future
As global electricity demand surges, Canada faces a critical energy dilemma. Can nuclear power bridge the gap between climate goals and energy security? Experts weigh in on the nation's atomic advantage.
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.
NS Premier's First Trip as Energy Minister: Calgary & Houston
Nova Scotia's Premier Tim Houston embarks on his first official trip as energy minister, heading to Calgary and Houston to promote the province's energy potential and economic opportunities.
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.
Federal Minister on Bail Reform & Pipeline Future
Exclusive insights from Canada's federal minister on urgent bail reform legislation and the potential for future pipeline development in Alberta. Key policy updates affecting justice and energy sectors.
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.
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.
Enbridge Maintains Major Chatham-Kent Presence
Windsor Mayor receives assurance from Enbridge CEO that the company will maintain significant operations in Chatham-Kent despite moving some staff to London.
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.
Canada invests $50M in Quebec battery manufacturer Lion Electric
Canada's Energy Minister announces major investment in Quebec battery technology, positioning Canada as a global leader in clean energy manufacturing and creating hundreds of jobs.
PEI's 10-Year Energy Plan Demands Grid Modernization
PEI's new decade-long energy blueprint calls for urgent electrical grid upgrades to support renewable energy expansion and ensure reliable power for Island residents and businesses.
Canada accelerates clean energy while backing pipelines
Canada is navigating a complex energy transition, rapidly expanding clean electricity while continuing to support fossil fuel infrastructure. Discover how the country plans to achieve net-zero grid by 2035 amid ongoing pipeline projects.
Saskatchewan's $7B Nuclear Energy Breakthrough
Saskatchewan embarks on a transformative $7 billion nuclear energy partnership with Ontario Power Generation, positioning the province as Canada's next clean energy leader while creating thousands of jobs.
Global Solar Boom: Installations Surge 85% in 2023
The world is experiencing an unprecedented solar energy revolution as installations surge by 85% to 444 gigawatts in 2023, transforming global energy markets and challenging fossil fuel dominance.
Caterpillar Earnings Soar on AI and Energy Demand
Caterpillar reports stellar Q1 2024 earnings driven by unprecedented demand from data centers and energy sectors, with AI infrastructure fueling industrial equipment sales.
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