Canadian Film 'Heated Rivalry' Captivates Global Audience
The forbidden romance film 'Heated Rivalry,' shot primarily in Ontario, is showcasing Canadian talent on the world stage. Discover how an Etobicoke studio helped bring the story to life.
Category : Search result: OPEC production
Venezuela's Oil Potential Locked by Sanctions, Investment Gap
Venezuela holds the world's largest oil reserves but production is a fraction of its peak. Sanctions and crumbling infrastructure mean its impact on tight global crude markets remains minimal. Discover the barriers to unlocking its potential.
Alberta's Net-Zero Pledge May Cost $559B in GDP
A new analysis warns Alberta's 2050 net-zero emissions commitment could slash GDP by $559 billion and cut oilsands output in half. The author calls for more realistic targets.
Nvidia's Next-Generation AI Chips Enter Full Production
Nvidia CEO Jensen Huang confirms full-scale production of next-generation AI processors, marking a pivotal moment for the global tech and semiconductor industry. Discover the implications for AI advancement.
Deloitte: Oil to hover at US$58, Alberta gas rises
A new report from Deloitte predicts oil will average US$58 a barrel in 2026 due to a persistent supply glut, while natural gas prices in Alberta show an upward trend. Read the full analysis.
Oil markets face biggest glut since COVID, prices to slide
Deloitte warns of a major oil oversupply in 2026, pressuring prices despite geopolitical risks. Canada's heavy crude and natural gas sectors face divergent paths.
Bunker Hill Advances Idaho Mine Toward 2026 Production
Bunker Hill Mining Corp. enters 2026 with strong momentum, having met key safety and operational milestones in 2025 to position its Idaho mine as a new U.S. source of critical metals like silver, lead, and zinc.
OPEC+ Keeps Oil Production Unchanged as Crises Mount
OPEC+ maintains current oil output despite an 18% price plunge in 2025 and political crises involving key members. Analysts say markets are driven by uncertainty. Learn the details.
Venezuela Oil Revival Needs Years, Major Investment
Trump's plan for US firms to revitalize Venezuela's oil post-Maduro capture won't impact prices soon. Analysts say rebuilding decayed infrastructure requires a decade and $100B. Explore the global energy implications.
St. Mark High School presents A Christmas Carol
St. Mark High School in Ottawa delivered a heartfelt production of Dickens' classic 'A Christmas Carol,' featuring standout student performances and impressive technical work. Read the full Cappies review.
Cocoa Prices Swing on West Africa Weather Outlook
Cocoa futures experienced sharp swings as traders monitor the Harmattan season's impact on West African harvests. Improved weather in Ivory Coast may boost supply, analysts say.
OPEC+ to maintain oil output policy: Reuters sources
OPEC+ will keep its current oil production policy unchanged, sources told Reuters, despite rising geopolitical tensions between Saudi Arabia and the UAE over Yemen. Read the latest on global energy markets.
U.S. Oil Production Hits Record High in October
The U.S. Energy Information Administration reports a new record for American oil output in October 2025, a development with significant implications for global energy markets and the Canadian energy sector. Read the full analysis.
Oil Heads for Deepest Annual Loss Since Pandemic on Surplus
Brent crude steadies above $61 as markets brace for the largest yearly decline since 2020. Geopolitical risks and rising global supplies drive the surplus expected to pressure prices into 2026.
Oil steadies as risks counter glut outlook
Crude oil finds balance as Venezuela, Russia tensions offset fears of a global surplus. WTI holds near $58, but heads for steep annual decline on OPEC+ output.
U.S. oil and gas rig count rises for second week
Baker Hughes reports a second weekly increase in U.S. oil and gas rigs, signaling potential shifts in North American energy production as 2025 ends. Read the latest data.
Hat makers share domestic manufacturing tips after Ford statement
Following Ontario Premier Doug Ford's public stance, Canadian hat manufacturers are offering advice to bolster domestic production. Discover their strategies for a stronger manufacturing sector.
Oil Climbs as Ukraine Peace Talks Hit Snag, China Vows Support
Crude oil prices reversed losses as US-led Ukraine peace talks faced new complications and China pledged fiscal support for growth. WTI settled above US$58.
North Korea's Kim orders missile production increase for 2026
North Korean leader Kim Jong Un has directed a significant ramp-up in missile manufacturing, state media reports. This move signals continued defiance of international sanctions and escalating regional tensions.
Intel stock falls as Nvidia halts chip production test
Intel Corp.'s stock fell after Reuters reported Nvidia Corp. halted testing Intel's advanced 18A chipmaking process. The news casts a shadow on Intel's domestic push to challenge TSMC.
Canadian Coffee Prices Jump More Than 25% in a Year
Statistics Canada reports coffee prices have soared, with ground coffee up 35.2%. Climate issues in Brazil and Vietnam, plus rising Asian demand, are key factors. Read more.
Matcha Latte Prices Soar in Montreal Due to Global Shortage
The price of matcha in Montreal has nearly doubled in a year, jumping from $26 to $46 per 100 grams. A surge in demand driven by Gen Z and social media trends has created a global supply crunch, forcing tea shops to seek new sources.
Jim Beam Pauses Bourbon Production Amid Rising Inventories
Jim Beam has temporarily halted production at its primary distillery due to a significant increase in bourbon inventories. The move reflects shifting consumer trends in the spirits market.
Fort Saskatchewan drug bust nets meth, GHB, ammunition
Fort Saskatchewan RCMP charge a 46-year-old man after seizing large quantities of drugs, ammunition, and evidence of meth production in a Pine View home. Details on the investigation and charges.
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.
Canadian Natural earmarks 2026 capital for oilsands work
Canadian Natural Resources Ltd. forecasts a modest rise in 2026 spending and production to fund early-stage work on future oilsands expansions, signaling continued investment in Alberta's energy sector.
35 new jobs in Ingersoll from reshoring production
ArcelorMittal Tailored Blanks creates 35 jobs in Ingersoll, Ont., a move hailed by the province as a key example of reshoring manufacturing from the United States. Learn about the investment and its impact.
IKEA to Increase U.S. Production as Tariffs Bite
Facing new tariffs, IKEA announces plans to significantly boost its manufacturing operations within the United States. Learn how this strategic shift impacts the retail giant's North American supply chain.
Canada issues default notice to Stellantis over U.S. shift
Industry Minister Mélanie Joly confirms Stellantis received a formal notice of default following its decision to move production out of Canada. Get the latest on the government's response.
ICE: Roshel armoured vehicles ordered are U.S.-made
U.S. Immigration and Customs Enforcement states armoured vehicles ordered from Canadian firm Roshel are produced in the United States. Get the latest details on this defence procurement story.
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