Federal Budget's Mixed Signals for Alberta Energy
Ottawa's latest budget delivers a confusing mix of support and challenges for Alberta's oil and gas industry, leaving energy leaders uncertain about the future.
Category : Search result: oil and gas investment
Budget shifts oil and gas tone, details unclear
Canada's latest federal budget signals a significant change in tone toward the oil and gas industry, but critical details about investment tax credits and clean energy requirements remain uncertain, leaving industry experts watching closely.
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.
Ovintiv Buys Nuvista Energy in $4.3B Canadian Energy Deal
Canadian energy giant Ovintiv expands its Montney position with strategic Nuvista Energy purchase, creating one of Western Canada's top natural gas producers.
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.
Canada May Soften Oil & Gas Emissions Cap Rules
The Canadian government shows willingness to adjust its controversial oil and gas emissions cap policy, raising questions about environmental commitment versus economic pragmatism in Canada's energy sector.
Alberta, Ottawa Close to Major Energy Projects Deal
Alberta Premier Danielle Smith reveals significant progress in federal-provincial negotiations on major energy projects, potentially unlocking billions in investment and reshaping Canada's energy future.
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.
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.
Winnipeg Radon Testing Demand Skyrockets
Winnipeg's radon screening initiative faces unprecedented demand as residents seek free testing for the dangerous radioactive gas. Learn why this invisible threat has homeowners concerned and how to protect your family.
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.
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.
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.
NB Gas Stations Face Closure After Carbon Levy Removal
Gas retailers across New Brunswick warn of potential station closures and job losses as the federal carbon price adjustment at the pumps ends, creating financial uncertainty for the industry.
Waterloo Hit-and-Run: Pedestrian Injured, Police Search
Waterloo Regional Police are urgently seeking witnesses after a pedestrian was seriously injured in a hit-and-run collision on University Avenue West. The driver fled the scene, leaving the victim with significant injuries.
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.
Saint-Lazare Hit-and-Run Kills 35-Year-Old Woman
Quebec community mourns as a 35-year-old woman dies in a fatal hit-and-run collision in Saint-Lazare. Sûreté du Québec launches urgent investigation to find the fleeing driver.
Child Hospitalized After North York Hit-and-Run
A young child remains hospitalized after a terrifying hit-and-run incident in North York. Toronto police are urgently searching for the fleeing driver as the community demands answers.
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.
Montreal STM Bus Driver Flees Hit-and-Run Scene
A Montreal STM bus driver fled the scene after striking a vehicle in Côte-des-Neiges, leaving passengers stranded and raising serious safety concerns about public transit operations.
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.
Calgary police investigate 68 Street NE hit-and-run
Calgary police are searching for a driver who fled after striking a pedestrian on 68 Street NE. The victim suffered serious injuries in this alarming hit-and-run incident.
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.
Westboro Mortgage Fund Wins 2025 Canadian Hedge Fund Award
Ottawa-based Westboro Mortgage Investment Fund earns prestigious industry recognition, showcasing excellence in Canadian alternative lending and investment management.
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.
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.
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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