Alberta Oilpatch Sheds 10,000 Jobs as Output Soars
Alberta's oil and gas industry eliminated 10,000 positions last year, yet achieved near-record production levels. Economists analyze the paradox of doing more with less in Canada's energy heartland.
Alberta's oil and gas industry eliminated 10,000 positions last year, yet achieved near-record production levels. Economists analyze the paradox of doing more with less in Canada's energy heartland.
Oil prices surged on Iran fears, but new forecasts predict a weak 2026 average. Alberta's budget and producers face volatility as supply outstrips demand. Read the full analysis.
CIBC analysts project a wider price gap for Canadian heavy crude in 2026, impacting the energy sector. Read the full analysis and market implications.
The U.S. intervention in Venezuela spotlights global energy assets. Explore the world's top oil reserves and producers in our detailed analysis.
Alberta's chief medical officer will provide an update on the influenza season, which has seen over 13,150 cases since August. Get the latest public health details.
Alberta faces a growing deficit exceeding $6 billion and rising dependence on volatile energy revenues as oil prices tumble. Discover the tough choices ahead for the provincial government.
With the U.S. reassessing Venezuelan oil, Canada's energy security hinges on pipeline expansion to diversify markets. Experts warn waiting is not an option. Read why action is needed now.
U.S. Marines and Navy sailors seized the tanker Olina in a pre-dawn raid, part of a broader effort to control Venezuela's oil flow. The operation highlights escalating enforcement of sanctions.
Premier Danielle Smith calls for urgent federal approval of a new heavy oil pipeline to B.C., citing U.S. action in Venezuela as a direct threat to Canada's energy market share.
Alberta Premier Danielle Smith calls for federal approval of a heavy oil pipeline to B.C. by fall, citing U.S. actions in Venezuela as a direct threat to Canada's energy market share. Read the urgent appeal.
Experts warn Alberta's oil-dependent economy faces a crucial decade as global electric vehicle adoption accelerates, threatening demand. It's time to invest in a diversified future.
Energy expert Jack Mintz argues Canada's oil sector can withstand Venezuela's renewed U.S. exports, citing Alberta's efficiency and Venezuela's deep-seated challenges. Read the analysis.
A business professor predicts Venezuelan crude could be processed at the Irving Oil refinery in Saint John and head to the U.S. market within 12 months. Get the latest analysis on this potential energy shift.
The Trump administration's plan to flood markets with Venezuelan crude, aiming for $50 oil, creates new pressure for Canada's critical energy sector. Explore the implications.
President Donald Trump convenes a who's who of American oil executives, including Harold Hamm, to discuss rebuilding Venezuela's energy sector. Key details on the high-stakes meeting.
The U.S.-led removal of Venezuela's Maduro marks a geopolitical shift. John Manley argues Canadian companies must now treat political risk as a core business priority, not retreat from global markets.
Chinese refiners are seeking Canadian crude as a replacement for sanctioned Venezuelan oil, with China buying nearly 40% of Canada's seaborne exports in 2025. Discover the market shift.
U.S. President Donald Trump plans to meet with Western energy executives to secure investment for rebuilding Venezuela's crumbling oil sector. Read the full story.
A leading economist says Venezuelan crude can only fill a small fraction of Canadian oil exports in the near term, impacting global markets. Read the full analysis.
Friends are collecting donations for a young Calgary woman whose husband died while working on an oil rig. The community shows support in the wake of the workplace fatality.
The U.S. and Venezuela reach a landmark deal for up to $2 billion in crude oil exports, redirecting shipments from China. President Trump announces the agreement, which follows the capture of Nicolas Maduro.
Former President Trump announces a major U.S. acquisition of Venezuelan oil, raising geopolitical tensions and concerns for Canada's energy sector. Get the full analysis.
The Alberta government has unveiled a new website to assess market interest in a potential new oil pipeline to the West Coast. This move follows a recent federal-provincial agreement.
Experts say concerns that Canadian oil exports will be displaced by Venezuelan crude are premature. Canada's deep integration with U.S. refineries and Venezuela's infrastructure challenges provide a buffer.
Following the arrest of Venezuela's president, U.S. plans to revive its oil industry could challenge Canadian energy investments. Explore the global reserve shift and market implications.
Following the arrest of Venezuela's president, U.S. plans to revitalize its oil industry could sideline Canadian firms. Explore the implications for Canada's energy sector.
U.S. actions in Venezuela strengthen the political argument for a new Canadian pipeline to the Pacific, aiming to diversify oil exports to Asian markets. Read the analysis.
PM Mark Carney says Canadian oil remains competitive despite Venezuela's political shift, while Conservative Leader Pierre Poilievre urges swift pipeline approval to secure new markets.
President Trump's push to unlock Venezuelan crude is strengthening the political argument for a new Canadian pipeline to diversify oil exports to Asia. Learn how this impacts Canada's energy strategy.
PM Mark Carney asserts Canada's energy sector will remain competitive following political changes in Venezuela. Analysis of oil price forecasts and market dynamics.