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.
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.
The Trump administration's halt of Venezuelan oil shipments leaves Cuba in a precarious energy position. Explore the geopolitical and economic implications for the island nation.
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.
Ontario is considering a landmark ban on cosmetic animal surgeries like declawing cats and debarking dogs. Learn about the proposed changes and their impact on pet welfare.
Sweden calls for a European Union-wide ban on services supporting Russia's oil and gas shipping fleet, aiming to tighten sanctions. Learn about the proposal's details and potential impact.
A Phase 2 parking ban for Edmonton residential and industrial areas starts Monday, January 12, 2026, at 7 a.m. Learn the details and how to comply.
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.
American military forces have seized another oil tanker under international sanctions in the Caribbean Sea. The operation highlights ongoing maritime security efforts in the region.
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.
Russia harshly condemns the U.S. seizure of an oil tanker, warning it could cause a significant spike in international tensions. Full details on the diplomatic fallout.
The federal government has quietly reversed its ban on exporting single-use plastics just before Christmas 2025. The move, citing tariffs and supply chain issues, signals a shift in environmental policy. Read the full analysis.
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.
Edmonton activates a city-wide Phase 2 residential parking ban starting Monday, January 11, 2026, following four major snowfalls. Non-compliance risks a $250 ticket. Learn the schedule and rules.
The U.S. has seized a sanctioned Venezuela-linked oil tanker in the Atlantic, with its energy secretary stating control over Venezuelan oil sales will continue 'indefinitely'. This move signals a significant escalation in geopolitical energy strategy.
The United States has seized two sanctioned oil tankers linked to Venezuela in a strategic move, while selectively easing sanctions to permit certain oil sales. Explore the implications for global energy markets.
In coordinated predawn raids, U.S. forces seized two sanctioned oil tankers with ties to Venezuela in international waters. Get the full details on the dramatic high-seas operations.
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.
The United States has seized two sanctioned oil tankers connected to Venezuela in the North Atlantic and Caribbean. Get the latest details on this significant maritime enforcement action.
The United States has captured a sanctioned, Russian-flagged oil tanker connected to Venezuela following a weeks-long chase in the Atlantic Ocean. Details on the seizure and its implications.
U.S. forces intercepted a sanctioned oil tanker linked to Venezuela in the North Atlantic on January 7, 2026. The action highlights ongoing maritime security and sanctions enforcement. Read the full details.
U.S. authorities have captured the Russian-flagged tanker Bella 1 following a weeks-long international chase. The seizure near Venezuela could impact global oil markets and U.S.-Canada energy dynamics. Read the full story.
The U.S. Coast Guard has seized the Russian-flagged oil tanker Bella 1 following a weeks-long international pursuit near Venezuela. Exclusive Reuters details reveal the operation's scope.
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.