Baytex Energy Plans Up to $625M in 2026 Capital Spending
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.
Category : Search result: oil sands takeover
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.
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.
PWHL Takeover Tour inspires next generation in Halifax
Local PWHL stars, including Marie-Philip Poulin, showcased their talent in Halifax, hoping to inspire young athletes. The event featured a shootout victory on December 17, 2025.
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.
PWHL Takeover Tour kicks off in Halifax Wednesday
The Professional Women's Hockey League's Takeover Tour begins in Halifax on Wednesday night, marking an exciting milestone for the sport in Atlantic Canada. Get the details on this historic event.
Warner Bros. Rejects Paramount Bid as 'Inferior' to Netflix Deal
Warner Bros. Discovery's board advises shareholders to reject Paramount's hostile takeover, citing 'inadequate' value and financing risks. The board unanimously backs the existing Netflix merger agreement.
Warner Bros. Discovery Rejects Paramount Bid
The board of Warner Bros. Discovery has formally rejected an unsolicited takeover bid from rival Paramount Global. The decision, announced on December 17, 2025, leaves the media giant's current strategic path intact.
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.
Halifax Aims to Win PWHL Team with Takeover Tour Games
Halifax hosts its first PWHL Takeover Tour game, a key test for the city's bid to land a professional women's hockey franchise. Discover the opportunities and challenges facing the Maritime market.
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.
NDP Leader Marit Stiles tours North Bay amid health, education crises
Ontario NDP Leader Marit Stiles visited North Bay, criticizing the province's takeover of a local school board and recent hospital job cuts. Read her full assessment of the northern crises.
Netflix's $82.7B Warner Deal Faces Hollywood Backlash
Hollywood's major guilds and theatre owners urge regulators to block Netflix's proposed $82.7 billion acquisition of Warner Bros., citing antitrust concerns and threats to jobs and content diversity.
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.
ENWIN Takes Over E.L.K. Energy in Windsor
ENWIN Utilities has officially taken over operations of E.L.K. Energy Inc. in Windsor, marking a significant shift in the city's local utility landscape. Learn the details of the acquisition.
Province Assumes Control of Near North District School Board
The Ontario government has taken over the Near North District School Board following a scathing report and ongoing dysfunction. Get the latest on the intervention and what it means for students.
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.
Ontario seizes control of real estate regulator
Ontario government intervenes to take over RECO following mishandling of iPro Realty scandal. Learn about the implications for real estate regulation in the province.
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.
Smith's Pipeline Pact with Carney: Alberta's Big Win
Alberta Premier Danielle Smith announces landmark pipeline agreement with PM Mark Carney, but faces challenge convincing Albertans and overcoming opposition.
Anglo-Teck Deal Clears Canada Security Test
Canada's national security review for Anglo American's proposed Teck Resources takeover has lapsed, clearing one major hurdle. The deal now faces a crucial economic benefit assessment.
Alberta, Canada Sign Pact for New Oil Pipeline
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.
OPEC+ to Hold Oil Output Steady Through Q1: Sources
OPEC+ alliance likely to maintain current oil production levels through first quarter 2025, according to Reuters sources. Stay informed on global energy market developments.
Ontario threatens takeover of troubled Near North School Board
The Ontario government warns Near North District School Board of potential provincial takeover amid construction delays and dysfunction. Parry Sound students face remote learning as crisis deepens.
B.C. Coastal First Nations vow to block northern pipeline
Coastal First Nations in British Columbia declare unwavering opposition to proposed northern oil pipeline, citing environmental risks and Indigenous rights. Read their powerful stance.
Cenovus CEO says cost cutting will ensure long-term jobs
Cenovus Energy CEO Jon McKenzie announces strategic cost reductions following MEG acquisition to protect Canadian energy jobs and ensure company longevity.
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