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.
Category : Search result: resource sector
High-Grade Antimony Discovery in British Columbia
Maxus Mining Corporation announces significant high-grade antimony findings at its Alturas West Project in British Columbia, positioning the company as a key player in critical mineral exploration.
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.
Canada's Public Service: The Efficiency Crisis Costing Billions
A deep dive into Canada's federal bureaucracy reveals alarming inefficiencies, with billions wasted on underperforming employees and systemic productivity issues that demand urgent reform.
Canada downplays US ownership in critical minerals
A senior Canadian official reassures that U.S. government investments in Canada's critical minerals don't equate to foreign control, emphasizing strong bilateral cooperation and national security protections.
Canadians prioritize agriculture, auto for federal support
New nationwide research shows Canadians overwhelmingly want federal investment in agriculture and automotive manufacturing, highlighting economic priorities as government plans spending.
Northern Ontario Paper Mill Secures Government Funding
Kapuskasing's paper plant receives crucial financial support from provincial and federal governments, ensuring job stability and environmental innovation in Northern Ontario's forestry sector.
BC public sector unions target November contract deals
Major BC unions including BCGEU, nurses, and teachers are intensifying contract negotiations with mid-November ratification targets, signaling a critical period for public sector labor relations.
$9.3M Federal Investment Boosts Windsor Fishing Industry
Windsor's fishing sector receives transformative $9.3 million investment from FedDev Ontario, creating jobs and modernizing operations for sustainable growth.
Alberta Unions Launch Political War Against Premier Smith
Alberta's labour movement launches coordinated offensive against Premier Danielle Smith, testing her political strength in what could become the province's biggest labor battle in years.
B.C.'s Second Chance to End Pipeline Politics
British Columbia faces a critical opportunity to move beyond divisive pipeline debates and forge a new path for resource development and Indigenous reconciliation.
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.
Intesa Sanpaolo Reports Record Profit, Confirms €9B+ Target
Italian banking giant Intesa Sanpaolo reports unprecedented nine-month profits and confirms ambitious 2025 financial targets, signaling strong momentum in European banking sector.
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.
Fairchild Acquires Carlin-Queen Gold Project in Nevada
Fairchild Gold Corp expands its Nevada footprint with strategic acquisition of Carlin-Queen project, creating a powerful trifecta of gold properties in one of North America's richest mining districts.
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.
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.
Firefly's Stunning Copper-Gold Discovery in Newfoundland
Firefly Metals reports exceptional drilling results from its Green Bay Copper-Gold Project in Newfoundland, revealing high-grade mineralization that signals a major new discovery with significant scale and continuity potential.
Alberta Unions Reveal Strategic Strike Plan
Alberta's largest public sector unions reveal coordinated strike strategy targeting government operations after contract negotiations stall, affecting 80,000 workers.
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.
Canadian Public Service Grows by 42,000 Since 2020
Exclusive analysis reveals Canada's federal public service has grown dramatically since 2020, adding over 42,000 employees while private sector faces economic uncertainty. Discover the numbers behind the expansion.
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.
Allied Gold Reports Major Gold Discovery at Sadiola
Exciting exploration results from Allied Gold's Sadiola project reveal significant gold mineralization, positioning the site as a world-class gold system with tremendous potential for future development.
Arts Sector Outpaces Canada's Overall Economy
New data reveals Canada's arts and culture sector is growing at nearly double the rate of the national economy, contributing $57 billion annually and supporting 750,000 jobs across the country.
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