Category : Search result: oil production


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.

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.

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.

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.

Alberta's Oilsands Used to Make Carbon Fibre

A groundbreaking facility in Edmonton transforms Alberta oilsands bitumen into carbon fibre, creating potential for hockey sticks, wind turbines, and a new $40B industry.

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.

New Production Hub Stageview Studio Coming to Stratford

Stratford's entertainment industry gets major boost with Stageview Studio, a new production facility set to create opportunities and jobs in Ontario's cultural sector. Discover the future of Canadian media production.

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