Venezuela's government is pushing to criminalize the seizure of its oil tankers as former U.S. President Donald Trump increases pressure on Nicolás Maduro's regime. This geopolitical tension could impact global oil markets.
Calgary-based Baytex Energy Corp. reveals its 2026 capital expenditure plan, targeting $550 to $625 million. The investment focuses on sustaining production in key Canadian oil fields.
U.S. authorities have seized an oil tanker near Venezuela, officials confirmed on December 20, 2025. The operation marks a significant escalation in maritime enforcement actions in the region.
As oil prices near a five-year low, Canada's expanded pipeline network offers critical shelter from a potential 2026 supply glut, putting producers in a stronger position than during the 2018 crisis.
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.
The federal government's new supportive stance on LNG is improving prospects for Shell's LNG Canada Phase 2 and Ksi Lisims LNG, attracting international attention. However, experts caution a major investment wave is unlikely due to Canada's high costs and
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.
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.
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.
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.
Canadian cleantech firm Aduro graduates from Shell's GameChanger after multi-year validation of its Hydrochemolytic™ Technology, a promising solution for converting waste plastics into valuable hydrocarbons.
Shell-led LNG Canada's second processing unit, Train 2, is still offline nearly a month after its initial start-up, according to Reuters sources. Get the latest on this major energy project.
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.
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 initiates a comprehensive study to plan its economic transition away from oil dependency. Explore the strategies for a sustainable future.
A North Vancouver reader argues politicians do a disservice by ignoring oil spill risks, citing Exxon Valdez. Calls for informed pipeline debate in Canada.
Global oil markets face continued price pressure through 2026 as swelling supply outpaces demand. New analysis reveals production growth will challenge market stability.
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?
Environment Minister Steven Guilbeault resigns from cabinet over Mark Carney's energy deal with Alberta, creating political turmoil while new pipeline conditions emerge.
Environment Minister Steven Guilbeault resigns from cabinet over Mark Carney's energy deal with Alberta, creating political turmoil. Get the latest developments.
Alberta Premier Danielle Smith secures key federal concessions on emissions caps in new pipeline MOU with PM Carney. While promising, the agreement faces significant hurdles before construction.
Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a historic energy MOU on November 27, 2025, setting conditions for new oil pipeline development while facing cabinet resignations.
Environment Minister Steven Guilbeault resigns from cabinet following Ottawa's new oil pipeline deal with Alberta. The longtime climate activist remains as Liberal MP.
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 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.
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.'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.
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.
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.
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.