Oilsands Producers Plan Growth Despite Crude Price Decline
Canada's major oilsands companies, led by Cenovus, forecast higher 2026 output despite a looming global supply glut. Discover how pipeline capacity is driving this counter-cyclical strategy.
Category : Search result: Canada oil industry
Trump Orders Venezuela Oil Blockade, Markets React
Global markets react as former President Trump orders a blockade of oil tankers to Venezuela, sending oil prices higher. Meanwhile, Canadian stocks show gains amid domestic news.
Trump Orders Naval Blockade on Venezuela Oil Tankers
President Trump announces a blockade of sanctioned oil tankers bound for Venezuela, escalating military pressure to cripple the Maduro regime's economy. Read the latest on this major foreign policy move.
Trump orders naval blockade on Venezuela-bound oil tankers
President Trump escalates pressure on Maduro, ordering a blockade to stop sanctioned oil tankers from reaching Venezuela. The move marks a significant hardening of U.S. policy.
Feds announce plan to cut methane from oil sector, landfills
The federal government has announced a new regulatory framework to significantly reduce methane emissions from Canada's oil and gas operations and landfills. Learn about the key targets and implications for the environment and industry.
Canada Announces New Methane Emission Rules for Energy Sector
The Canadian government has announced stringent new regulations aimed at dramatically cutting methane emissions from the oil and gas industry. Learn about the key targets and implications.
Analyst Predicts Dramatically Higher Oil Prices in 2026
Senior portfolio manager Eric Nuttall forecasts a significant surge in oil prices for 2026, citing industry underinvestment. Read his insights on Canada's energy outlook.
Stricter Methane Regulations Announced for Oil, Gas, Landfills
The Carney government unveils new methane regulations for oil, gas, and landfills, phasing in from 2028. The rules aim to cut emissions but will slightly slow GDP and production growth in B.C., Alberta, and Saskatchewan. Read the details.
500,000 Albertans Petition to Stay in Canada, Urge MLA Vote
Close to half a million Albertans have signed the Forever Canada petition, urging Premier Danielle Smith to hold a legislative vote on Alberta's future within Confederation instead of a divisive referendum.
Opinion: Path to abundance isn't just cutting red tape
Experts argue Canada's 'nation-building' projects must integrate Indigenous rights and environmental values from the start, not treat them as obstacles. Read the analysis.
Oil Climbs as Traders Weigh Tensions Against Surplus
Oil prices rose in volatile trading as geopolitical risks clashed with signs of a growing market surplus. WTI gained 1.6% while Saudi Arabia cut prices to Asia. Explore the factors driving the market.
U.S. crude, fuel inventories rose last week: EIA
The U.S. Energy Information Administration reported a rise in crude oil and fuel stockpiles for the previous week. Get the latest data on energy inventories and market implications.
Norway examines scenarios for economy after oil era
Norway initiates a comprehensive study to plan its economic transition away from oil dependency. Explore the strategies for a sustainable future.
New B.C. Coast Pipeline May Be 50% Indigenous Owned
Alberta Premier Danielle Smith says a proposed oil pipeline to B.C.'s coast could be 50% owned by Indigenous groups, generating $2B annually. Learn about the project's details and political support.
Majority of Canadians support new Alberta-B.C. pipeline
A new poll reveals majority national support for a proposed oil pipeline from Alberta to B.C.'s coast, despite cooler reception in the affected province. Read the details.
Canada to Boost Trans Mountain Output Before Sale
Energy Minister Tim Hodgson says Ottawa will maximize the Trans Mountain pipeline's capacity and resolve tolling disputes before considering a sale to the private sector. Read the latest.
Canadian Drilling Activity Predicted for Slight Uptick Next Year
A new industry forecast predicts a slight increase in Canadian oil and gas drilling activity for next year. Get the details on the sector's cautious outlook.
Reader Criticizes One-Sided Pipeline Political Debate
A North Vancouver reader argues politicians do a disservice by ignoring oil spill risks, citing Exxon Valdez. Calls for informed pipeline debate in Canada.
Oil supply surge to strain prices through 2026
Global oil markets face continued price pressure through 2026 as swelling supply outpaces demand. New analysis reveals production growth will challenge market stability.
Alberta Pipeline Plan Divides Leaders, Guilbeault Resigns
Mark Carney signs major energy agreement with Alberta, setting pipeline conditions. Steven Guilbeault resigns from cabinet in protest. Political leaders divided on oil project future.
Canada's North Coast Oil Tanker Ban Faces Change
A new Canada-Alberta deal opens a path to amend the 2019 Oil Tanker Moratorium Act, potentially enabling bitumen exports from BC's North Coast to Asian markets.
New Alberta-B.C. Oil Pipeline Deal Tests Canada's Resolve
Prime Minister Mark Carney and Alberta Premier Danielle Smith sign a landmark MOU for a new oil pipeline to Asian markets. Will this nation-building project succeed?
Guilbeault steps down after Alberta pipeline agreement
Environment Minister Steven Guilbeault resigns from cabinet following Ottawa's new oil pipeline deal with Alberta. The longtime climate activist remains as Liberal MP.
New Alberta Pipeline Deal Raises Climate Policy Fears
Prime Minister Mark Carney signs major energy agreement with Alberta, creating framework for new oil pipeline while advocates warn of environmental consequences. Read the details.
Strathcona invests $1M in new Sask. Polytechnic campus
Strathcona Resources invests $1 million in the new Joseph A. Remai Saskatoon campus at Saskatchewan Polytechnic, aiming to boost skilled trades for the oil and gas sector. Read more.
Alberta, Ottawa sign pipeline deal despite doubts
Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a memorandum of understanding for a new oil pipeline, marking rare cooperation between governments.
B.C., First Nations oppose federal-Alberta pipeline pact
B.C.'s NDP government and Coastal First Nations vow to fight new pipeline agreement between Ottawa and Alberta that could bypass tanker ban and environmental protections.
Canada-Alberta MOU Paves Way for New Oil Pipeline
Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a pivotal MOU to establish Canada as an energy superpower, clearing the path for a new pipeline. Read the details.
Alberta, Canada Sign Pact for New Oil Pipeline
Prime Minister Mark Carney and Alberta Premier Danielle Smith sign a landmark MOU to advance a major oil pipeline to Asian markets, suspending key federal environmental laws.
Carney signs energy agreement with Alberta
Prime Minister Carney secures major energy agreement with Alberta, setting emissions targets for new oil pipeline construction. Read the full details of this historic deal.
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