U.S. seizes oil tanker off Venezuelan coast
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.
Category : Search result: oil production forecast
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.
Canada's Pipeline Shield Protects Oilpatch from 'Super Glut'
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.
Ottawa forecast: 10-20 mm of rain expected over 2 days
Ottawa residents should prepare for significant rainfall, with 10 to 20 millimetres expected over the next two days. Stay informed on the latest weather updates and plan accordingly.
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.
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.
London, ON to See Milder Temperatures in Coming Days
London, Ontario residents can expect a break from the cold as forecasters predict milder temperatures. Get the latest weather details and prepare for the shift.
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.
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.
Heavy snow, deep freeze forecast for Edmonton
A significant winter storm is set to hit Edmonton with heavy snow on Wednesday, followed by dangerously cold temperatures. Get the latest forecast details and prepare for the Arctic blast.
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.
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.
Windsor Dodge Charger Production Ramps Up with New Jobs
Stellantis celebrates the production launch of the gas-powered Dodge Charger in Windsor, announcing plans to hire 1,500 workers for a third shift. A major boost for Canada's auto sector.
London's Cold Temperatures Linger, Sunshine Expected Soon
London, Ontario endures colder-than-normal temperatures with strong winds. Meteorologist Julie Atchison provides the latest forecast, including when residents can expect peeks of sunshine.
London's Cold Snap to Break, Sunshine Peaks Ahead
London, Ontario, sees lingering cold temperatures with sunshine on the horizon. The Ontario auditor general's annual report, focusing on health care, is set for release. Get the latest forecast and provincial updates.
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.
Saudi minister says new OPEC+ mechanism will stabilize markets
Saudi Arabia's energy minister states the new OPEC+ production coordination mechanism will help stabilize global oil markets. The announcement comes amid ongoing market volatility.
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.
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.
Cerrado Gold Q3 2025 Financial Results Released
Cerrado Gold reports a 21% increase in gold production for Q3 2025, maintains annual guidance, and advances key projects in Argentina, Portugal, and Quebec.
Newfoundland mine becomes sole North American fluorspar source
Canada Fluorspar Inc. restarts its Newfoundland mine, making it North America's only producer of the critical mineral fluorspar, crucial for tech and defense, reducing reliance on China.
Milder air moves into Edmonton early next week
Edmonton's cold snap breaks as milder air arrives early next week. Get the latest forecast details and weekend weather updates for Alberta's capital.
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.
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