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.
A confidential meeting reveals toxic coal tar soil contamination at 199 Ridout St., ending Mayor Josh Morgan's plan to build housing on a municipal parking lot. Learn the details of this environmental setback.
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.
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.
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.
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.
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.
The City of London is searching for a buyer to remediate toxic coal tar contamination at Ridout and Horton, paving the way for redevelopment of two parking lots. Learn about the city's plan.
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.
Mergers and acquisitions in Canada's upstream oil and gas sector surged to an eight-year high in 2025, with over $30 billion in deals. Analysts predict a slowdown in 2026. Read the full analysis.
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.
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.
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.
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.
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.
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.
Alberta Premier Danielle Smith calls for expedited pipeline development to diversify oil markets. Experts warn Venezuela's impact on global supply is years away.
U.S. President Donald Trump's takeover of Venezuela's oil sector underscores the critical need for Canada to build new pipelines to access global markets, boosting national revenues.
The dramatic capture of Venezuela's president by U.S. forces has sent shockwaves through North American oil markets, weakening Canadian heavy crude prices. Discover the immediate impact and long-term outlook for Alberta's energy sector.
Mielle Organics' rosemary mint scalp oil, praised for strengthening hair and reducing breakage, is on a rare sale at Amazon for under $10. Experts weigh in on its key ingredients.
The future of billions of barrels of Venezuelan oil claimed by foreign state-owned firms is uncertain after the U.S. detained President Nicolás Maduro. Read the latest analysis on the global energy implications.
U.S. oil companies see gains after former President Trump signals potential access to Venezuela's vast reserves, reshaping global energy dynamics. Explore the implications for markets and geopolitics.
A Canadian energy expert advises against panic in the oil patch following the capture of Venezuela's Maduro, emphasizing the need for long-term competitiveness.
Adam Pankratz argues Canada must urgently build coastal pipelines to compete as Trump revives Venezuela's massive heavy crude reserves, threatening Alberta's oil sands market.