Quebec Snowfall Causes Power Outages and School Closures
Heavy snowfall hits Greater Montreal, causing widespread power outages and school closures. Get the latest updates on the aftermath and recovery efforts.
Category : Search result: heavy crude oil
California Vows to Block Trump Offshore Drilling Plan
California Governor Gavin Newsom pledges legal action against Trump administration's proposal for new oil and gas leases off California coast, first in decades.
Global Oil Glut Looms, But Reversal Forces Emerge
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.
Heavy snow causes Quebec power outages, closures
Major winter storm blankets Quebec with heavy snow, triggering widespread power outages and school closures across the province. Stay informed about weather impacts.
London roads closed after heavy snowfall
Multiple roads in London, Ontario remain closed Tuesday morning following a significant snowfall. CTV Meteorologist Julie Atchison provides details on the winter conditions.
B.C. temperature records fall amid heavy rain and warm weather
An atmospheric river brings unprecedented warm temperatures and heavy rainfall to British Columbia, shattering seasonal records while creating challenging conditions across the province.
Rainfall Warning: Metro Vancouver Soaked Thursday
Environment Canada has issued a rainfall warning for parts of Metro Vancouver with up to 120 mm expected. North Shore mountains and Howe Sound communities brace for significant downpours Thursday.
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.
Cenovus-MEG Energy Merger Approved by Shareholders
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 Fires Back Over BC Oil Tanker Ban Demands
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.
Suncor Shares Jump After Earnings Beat and Production Boost
Calgary-based energy leader Suncor delivers impressive Q2 results, exceeding analyst forecasts and raising production guidance, sending shares skyrocketing.
Metro Vancouver Rainfall Warning: 120mm Expected
Environment Canada issues rainfall warning for Metro Vancouver with up to 120mm expected. Heavy downpours may cause flooding and hazardous driving conditions through Thursday.
Suncor Hikes Dividend, Beats Earnings Expectations
Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.
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.
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.
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.
Oversized Equipment Convoy to Disrupt Edmonton Sunday
Edmonton drivers brace for major delays as oversized industrial equipment makes its way through the city this Sunday. Get route details and travel tips.
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.
Halloween Weather Warning: Zombie Conditions in Metro Vancouver
Environment Canada issues special weather statement for Metro Vancouver with heavy rainfall and strong winds threatening to turn Halloween festivities into a real horror show. Stay dry and safe!
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.
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.
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.
Carney Tours Korean Shipyard for AUKUS Submarine Tech
Former Bank of Canada governor Mark Carney's strategic visit to HD Hyundai Heavy Industries reveals Canada's pivotal role in AUKUS submarine development and clean energy partnerships.
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.
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.
Carney Tours Korean Shipyard for Canadian Submarine Deal
Former Bank of Canada governor Mark Carney visits HD Hyundai Heavy Industries in South Korea as Canada seeks to replace its aging submarine fleet with a massive defence procurement project.
Heavy Rain Targets Maritimes for Halloween
A significant weather system is set to drench parts of the Maritimes on Halloween and Friday, bringing heavy rainfall that may impact holiday festivities and create travel concerns.
Caterpillar beats estimates as AI drives equipment demand
Caterpillar's Q2 earnings crush estimates as artificial intelligence data centers drive unprecedented demand for power generation equipment and backup systems.
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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