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.
Category : Search result: oil market competition
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.
Holly Jolly Market Returns to London with Festive Spirit
The beloved Holly Jolly Market is back in London, Ontario, filling the air with holiday cheer. Discover this festive attraction and other local news updates.
Competition Bureau examines algorithmic rent pricing in Canada
Canada's Competition Bureau raises concerns about algorithmic rent pricing tools used by landlords, though finds the practice not yet widespread. Learn how this affects rental markets.
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.
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.
Budget 2025: Ottawa ends investment transfer fees
The Canadian government unveils plan to eliminate investment transfer fees, promising more competition and lower costs for investors across the country.
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.
Malinin Breaks World Record at Skate Canada
American figure skating sensation Ilia Malinin delivers breathtaking performance, breaking world record score to claim Skate Canada International gold medal in Vancouver.
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.
Vancouver baker wins Netflix's Is It Cake? Halloween
A talented Vancouver baker has taken the crown on Netflix's viral baking competition 'Is It Cake? Halloween Edition,' stunning judges with incredibly realistic edible deceptions.
Malinin's Skate Canada win makes him Olympic favorite
American figure skating sensation Ilia Malinin delivers breathtaking performance at Skate Canada International, landing quadruple jumps with ease and establishing himself as the athlete to beat heading toward the 2026 Winter Olympics.
Nordik Spa Faces Class Action Over Price-Fixing Claims
A proposed class action lawsuit accuses Nordik Spa-Nature and competitors of conspiring to fix prices, potentially affecting thousands of Canadian customers seeking relaxation and wellness services.
Ultimate Burger Battle Sizzles in Eastern Ontario
United Way Eastern Ontario launches delicious fundraising campaign featuring 20+ local restaurants competing for best burger title while supporting community programs.
Canadian Competition Barriers Cost Consumers Billions
Exclusive investigation reveals how domestic competition hurdles and interprovincial trade barriers are driving up prices for Canadian consumers and stifling economic growth.
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.
London's Ultimate Burger Battle Supports United Way
Elgin-Middlesex United Way launches a mouth-watering burger competition featuring 20 local restaurants, with proceeds supporting vital community programs across London, Ontario.
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.
Ariana Grande: Why All Singers Are Equals
Ariana Grande opens up about her refreshing perspective on competition in the music industry, revealing why she believes all artists are on the same team.
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.
TSX Drops 100 Points as U.S. Markets Show Strength
Canadian stocks face significant pressure as the S&P/TSX composite drops nearly 100 points while U.S. markets show surprising resilience. Discover what's driving the divergence and which sectors are feeling the heat.
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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