Canadian Oil Stocks Plunge on Venezuela Oil News
Canadian oil producers saw billions wiped off their value after U.S. plans for Venezuelan oil sparked investor fears. Industry leaders call it an 'overreaction' as uncertainty looms.
Canadian oil producers saw billions wiped off their value after U.S. plans for Venezuelan oil sparked investor fears. Industry leaders call it an 'overreaction' as uncertainty looms.
The forbidden romance film 'Heated Rivalry,' shot primarily in Ontario, is showcasing Canadian talent on the world stage. Discover how an Etobicoke studio helped bring the story to life.
Venezuela holds the world's largest oil reserves but production is a fraction of its peak. Sanctions and crumbling infrastructure mean its impact on tight global crude markets remains minimal. Discover the barriers to unlocking its potential.
A new analysis warns Alberta's 2050 net-zero emissions commitment could slash GDP by $559 billion and cut oilsands output in half. The author calls for more realistic targets.
B.C. Premier David Eby calls for a strategic shift to domestic oil refining, citing global market instability. Explore the implications for Canada's energy future.
Nvidia CEO Jensen Huang confirms full-scale production of next-generation AI processors, marking a pivotal moment for the global tech and semiconductor industry. Discover the implications for AI advancement.
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.
Bunker Hill Mining Corp. enters 2026 with strong momentum, having met key safety and operational milestones in 2025 to position its Idaho mine as a new U.S. source of critical metals like silver, lead, and zinc.
A political shift in Venezuela could flood markets with heavy crude, undercutting Canadian oil prices and investment. Explore the potential risks for Alberta's economy.
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.
St. Mark High School in Ottawa delivered a heartfelt production of Dickens' classic 'A Christmas Carol,' featuring standout student performances and impressive technical work. Read the full Cappies review.
Cocoa futures experienced sharp swings as traders monitor the Harmattan season's impact on West African harvests. Improved weather in Ivory Coast may boost supply, analysts say.
The U.S. Energy Information Administration reports a new record for American oil output in October 2025, a development with significant implications for global energy markets and the Canadian energy sector. Read the full analysis.
Baker Hughes reports a second weekly increase in U.S. oil and gas rigs, signaling potential shifts in North American energy production as 2025 ends. Read the latest data.
Following Ontario Premier Doug Ford's public stance, Canadian hat manufacturers are offering advice to bolster domestic production. Discover their strategies for a stronger manufacturing sector.
North Korean leader Kim Jong Un has directed a significant ramp-up in missile manufacturing, state media reports. This move signals continued defiance of international sanctions and escalating regional tensions.
Intel Corp.'s stock fell after Reuters reported Nvidia Corp. halted testing Intel's advanced 18A chipmaking process. The news casts a shadow on Intel's domestic push to challenge TSMC.
Statistics Canada reports coffee prices have soared, with ground coffee up 35.2%. Climate issues in Brazil and Vietnam, plus rising Asian demand, are key factors. Read more.
The price of matcha in Montreal has nearly doubled in a year, jumping from $26 to $46 per 100 grams. A surge in demand driven by Gen Z and social media trends has created a global supply crunch, forcing tea shops to seek new sources.
Mantel Capture begins engineering study for carbon capture at an Alberta oilsands site, highlighting the province's advantages for scaling the crucial climate technology. Learn about the potential impact.
Jim Beam has temporarily halted production at its primary distillery due to a significant increase in bourbon inventories. The move reflects shifting consumer trends in the spirits market.
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 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.
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.
A century of innovation turned Alberta's vast oilsands from a geological curiosity into a pillar of the Canadian economy, defying the 'resource curse' narrative. Discover the story of persistence and technical brilliance.
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.
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.
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.
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.