Iran has earned hundreds of millions in extra oil income since the war began, benefiting from price surges as it remains the only major exporter using the Strait of Hormuz, with exports holding steady at 1.6 million barrels daily.
Ottawa drivers will see a significant 6-cent per liter drop in gasoline prices this Friday, continuing the recent roller coaster of fuel cost fluctuations in the region.
Motorists in Toronto can expect relief at the pumps as gas prices are forecast to decrease by six cents per litre this Friday, according to industry analyst Dan McTeague.
Aduro Clean Technologies has become a member of Chemical Recycling Europe, strengthening its position as it develops its first-of-a-kind industrial plant in the Netherlands and engages in regulatory frameworks.
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Rystad Energy estimates a $25 billion repair cost for Gulf oil infrastructure damaged in Middle East conflict, with recovery taking up to five years due to structural constraints beyond capital.
Alberta's push to attract $100 billion in data centre projects could increase electricity prices due to higher demand, though officials promise to maintain grid affordability and reliability.
Northern Canadian communities face significant infrastructure challenges, particularly in power generation and distribution, due to their remote locations and sparse populations, highlighting a critical national issue.
Enbridge's proposal to cover policing costs for a pipeline reroute in the United States has ignited debate, with critics questioning corporate influence on public safety operations.
A letter to the editor argues for solar energy as a cheaper alternative to oil, citing recent price spikes, while others defend oil and LNG dominance in global markets.
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A memorandum of understanding between Alberta and Ottawa outlines conditions for a potential new oil pipeline to Canada's west coast, even as British Columbia downplays its economic feasibility.
LNG Canada and Coastal GasLink have finalized a pipeline agreement, marking a significant step toward realizing these major energy projects in British Columbia.
LNG Canada has reached a pivotal agreement to lead construction for doubling the Coastal GasLink pipeline's capacity, supporting a second phase of the Kitimat LNG export facility in British Columbia.
Analysis highlights how two decades of Liberal government energy policies, starting with Kyoto ratification, have harmed Canada's economy by prioritizing unrealistic renewable goals over practical oil and gas reliance.
Enova Power Corp customers in Kitchener are reporting unusually high electricity bills, prompting concerns and an internal review by the utility company to identify the causes.
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Montage Gold Corp. reports significant construction progress at its Koné gold project, which remains on budget and ahead of schedule for a late 2026 gold pour. Exploration activities continue with extensive drilling programs.
Alberta and the federal government have agreed on methane equivalency, a key step in their 2025 energy MOU, aiming for 75% emissions reduction by 2035.
Gas prices in the Greater Toronto Area are set to increase by 7 cents per litre on Thursday, following a significant overnight drop of 13 cents, according to petroleum analyst Roger McKnight.
The federally owned Trans Mountain pipeline, operating at 96% capacity, will hold an open season to assess customer interest for two expansion projects aimed at boosting capacity by over 30%.
Motorists in Windsor and Chatham-Kent will see higher fuel costs beginning Thursday, coinciding with federal carbon tax rebate distribution across Canada.
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Brookfield Asset Management partners with Caisse de Dépôt et placement du Québec to acquire Quebec-based renewable energy company Boralex Inc. in a transaction valuing the company at approximately $9 billion.
Hydro-Québec is soliciting public feedback on plans to connect its grid with proposed wind farms in Nova Scotia, aiming to enhance renewable energy sharing across Eastern Canada.
Canada's Trans Mountain pipeline has initiated a bidding process to increase its shipping capacity from Alberta to British Columbia's west coast, marking a key step in energy infrastructure development.
Motorists in Ottawa face a price hike at the pumps on Thursday, following a temporary 13-cent decrease today. Experts cite global market fluctuations and geopolitical tensions as key drivers behind the volatile fuel costs.
Montreal-based investment giants Brookfield and La Caisse have finalized a deal to purchase Quebec power producer Boralex, a major player in renewable energy with wind turbine operations across the province.
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Hungary has suspended natural gas supplies to Ukraine, linking the move to the resumption of Russian oil deliveries, escalating regional energy tensions.
As Brent crude is projected to average $95 in 2026 due to Middle East tensions, Alberta and Saskatchewan face budget boosts but consumer strain, highlighting the complex economic impact of high oil prices.
World oil prices fell sharply while global stock markets advanced amid signs of potential de-escalation in the Iran conflict, easing supply disruption fears.
Motorists in New Brunswick are experiencing relief at the pumps as gasoline and diesel prices have decreased significantly, driven by shifts in global oil markets and regional supply dynamics.
Nova Scotia Power's rate hike request is under review, with customers bracing for potential increases amid economic pressures and energy sector challenges.
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Premier Danielle Smith traveled to Houston's CERAWeek conference to advocate for new pipelines to export Alberta oil, citing rising global demand and geopolitical tensions driving prices higher.
